US, Vietnam mark milestone of ties

US, Vietnam mark milestone of ties

(VEN) - This year marks a quarter century since the US and Vietnam established diplomatic relations.
Hoi An Silk Village brings Vietnamese silk to the world

Hoi An Silk Village brings Vietnamese silk to the world

(VEN) - Hoi An used to be an important international trading port and a meeting place of Vietnamese silk products with clothing culture of other countries in the region and the world. Today, Hoi An Silk Village continues to act as a bridge to promote silk products and bring them closer to domestic and foreign consumers.
Vietnam’s Milky Way: China okays Vietnamese dairy imports

Vietnam’s Milky Way: China okays Vietnamese dairy imports

(VEN) - Vietnamese dairy products were officially exported in 2019 for the first time to China - the world’s second largest dairy consumer (after the US), following efficient efforts by the government, industry and farmers.
Can Tho: A potential paradise of eco-tourism

Can Tho: A potential paradise of eco-tourism

(VEN) - Riding on the latest trends of green and sustainable tourism development, the Mekong Delta Province of Can Tho is expected to become a top destination with its typical river-borne and fruit garden tourism products.
Dance of the dragons

Dance of the dragons

(VEN) - The colorful and exciting unicorn/lion/dragon dance, a traditional Vietnamese custom, is usually performed on festivals and major occasions, particularly during Tet (the Lunar New Year holiday).
“Phở” makes splash in Thailand

“Phở” makes splash in Thailand

(VEN) - Thai consumers are fussy as far as foreign foods go, but even they cannot resist the iconic Vietnamese broth with rice noodles, herbs, and meat - known the world over as Pho, perhaps also because it reminds them of some of their traditional noodle dishes.
Securities market forecast for 2020 bright

Securities market forecast for 2020 bright

(VEN) - The Ho Chi Minh Stock Exchange (HOSE) and Vietnam’s securities market will celebrate their 20th anniversary in 2020, entering a new stage of development expected to affirm its importance as a magnet for domestic and foreign investment capital and reverse its liquidity decline.
Vietnam strives for added rice export value

Vietnam strives for added rice export value

(VEN) - Vietnam’s ST25 rice surpassed many other rice varieties from other countries to win first prize in the World’s Best Rice Contest 2019 within the framework of the November World Rice Conference in Manila, the Philippines. The title, following decades of branding, has delivered a boost to the country’s rice exports.
Domestic market growth, stable inflation boost competitiveness

Domestic market growth, stable inflation boost competitiveness

(VEN) - In the World Economic Forum (WEF)’s 2019 Global Competitiveness Index report, Vietnam moved up 10 places and scored an additional 3.5 points compared with 2018. The result was attributed to the country’s efforts to keep the inflation rate stable and the growth of sales in the domestic market. 
Southern Key Economic Zone: An investment magnet

Southern Key Economic Zone: An investment magnet

(VEN) - The Southern Key Economic Zone (SKEZ) has become Vietnam’s hottest investment destination, accounting for 43 percent of all foreign direct investment (FDI) pledged. The SKEZ has made greater efforts to improve the investment environment, cut red tape and remove bottlenecks in order to enhance further the effectiveness of its FDI attraction.
Flight safety, top priority of VATM

Flight safety, top priority of VATM

(VEN) - The Vietnam Air Traffic Management Corporation (VATM) did a good job in 2019, fulfilling all assigned tasks, successfully operating all flights within its control area, and providing sufficient air navigation services on time.
The “Rats’ Wedding”, a centuries-old social commentary

The “Rats’ Wedding”, a centuries-old social commentary

(VEN) - Dong Ho, a craft village in the northern province of Bac Ninh, has been famous for its woodcut paintings since the 11th century.
Vietnam’s e-commerce developing at unprecedented pace

Vietnam’s e-commerce developing at unprecedented pace

(VEN) - As one of the fastest-growing internet economies in Southeast Asia, Vietnam’s e-commerce market has grown at an unprecedented pace and is poised to become the second largest e-commerce market in the region by 2025.
EVFTA provides new driving forces for Vietnam-EU partnership

EVFTA provides new driving forces for Vietnam-EU partnership

(VEN) - The signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) after years of negotiations marked an important milestone in bilateral commercial, economic and investment links between Vietnam and the European Union. The agreements will help promote the current strong partnership to a new unprecedented height for the benefits of the peoples and economies of Vietnam and the EU once it is fully implemented. Vietnam Economic News’ Nguyen Huong talked with EU Ambassador to Vietnam Giorgio Aliberti on the occasion of the 2020 Lunar New Year. 
Coffee sector wakes up to value of processed, organic brands

Coffee sector wakes up to value of processed, organic brands

(VEN) - Despite an average drop of 20 percent in coffee export prices and revenue, the prices of organic and processed coffee are still sustainable and there’s even a shortage of supplies for export. To offset the drop in green coffee export prices, Vietnam’s coffee sector is targeting development of high quality brands. Vietnam Economic News’ Phuong Lan spoke about this shift with the Chairman of the Vietnam Coffee and Cocoa Association (Vicofa) Luong Van Tu.
When the yellow camellia blooms: Program enhances local specialties

When the yellow camellia blooms: Program enhances local specialties

(VEN) - The “One Commune One Product” (OCOP) program is an innovative concept helping to enhance Vietnamese agricultural products by developing internal resources and sustainable value chains. It is also seen as a good platform to develop brands of local specialties.
Phu Quoc, an island paradise of rapid tourism development

Phu Quoc, an island paradise of rapid tourism development

(VEN) - Phu Quoc, which is dubbed the pearl island, has undergone a major transformation in just a few years to become one of the hottest holiday destinations in Vietnam.
Wood exports branch out to new markets, exceed target

Wood exports branch out to new markets, exceed target

(VEN) - Vietnam’s wood exports crossed the US$11 billion milestone at the end of 2019, overcoming various limitations to gain footholds in numerous markets around the world.
Vietnam celebrates economic achievements, strives to do even better

Vietnam celebrates economic achievements, strives to do even better

(VEN) - Vietnam continued its reforms and innovation in 2019, building a friendlier, more transparent and lower-cost business environment despite increasing global volatility and uncertainty. Vietnam Economic News’ Thu Phuong & Ca Huong heard economists’ assessments of Vietnam’s achievements. 
SBV takes credit for stability, record foreign reserves

SBV takes credit for stability, record foreign reserves

(VEN) - The banking sector played an important role in Vietnam’s economic achievements of the past year, helping the country reach gross domestic product (GDP) growth of 7.02 percent and fulfill targeted macroeconomic indicators. Flexible monetary and exchange rate policies created an impetus for the development of commercial banks and the economy, while improving investor confidence.
Vietnam embraces science and technology

Vietnam embraces science and technology

(VEN) - Science and technology (sci-tech) have increasingly been related to development goals, contributing to the competitive capacity of enterprises and the economy.
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Investment surges in Bac Ninh Province

Investment surges in Bac Ninh Province

(VEN) - In February 2023, foreign direct investment (FDI) in Bac Ninh Province continued to soar, almost doubling the number of projects and tripling the registered capital. Various business promotion plans are expected to help the small province just east of Hanoi achieve breakthrough investment attraction throughout the year.
Vietnam wins 17 prizes at International Robothon 2023

Vietnam wins 17 prizes at International Robothon 2023

The Vietnamese team won 17 prizes at the International Robothon 2023 held in Kuala Lumpur, Malaysia, on March 26.
Vietnam welcomes back Chinese tourists

Vietnam welcomes back Chinese tourists

(VEN) - China is piloting the second phase of group tours to Vietnam, which is expected to facilitate the recovery and development of bilateral tourism cooperation in the post-pandemic period.
National Tourism Year 2023 kicks off in Bình Thuận

National Tourism Year 2023 kicks off in Bình Thuận

The 'Bình Thuận-Green Convergence' themed programme seeks to drive green growth and promote tourism development through collaboration with other economic sectors for sustainable progress.
Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development.
ha no i seeks support from world heritage centre in restoration of ki nh thien palace

Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development.
national tourism year 2023 kicks off in binh thuan

National Tourism Year 2023 kicks off in Bình Thuận

The 'Bình Thuận-Green Convergence' themed programme seeks to drive green growth and promote tourism development through collaboration with other economic sectors for sustainable progress.
oscar dream

Oscar dream

Witness the inspiring story of Vietnamese director Hà Lệ Diệm and her documentary 'Children of the Mist’. Despite facing several challenges, Diễm shot and edited the film in just four years with a borrowed camera and minimal training. Her incredible talent has earned her multiple prizes at international film festivals, and was even short-listed for the Oscars this year.
vietnam remains worlds second largest coffee exporter

Vietnam remains world’s second-largest coffee exporter

Vietnam remained the second-largest coffee exporter in the world from February 2021 to January 2022, according to the International Coffee Organisation.
ha long bay cu chi tunnels among ten adventurous tourism places in southeast asia

Ha Long Bay, Cu Chi Tunnels among ten adventurous tourism places in Southeast Asia

The travel magazine The Travel has listed Ha Long Bay in the northern coastal province of Quang Ninh and Cu Chi Tunnels in Ho Chi Minh City among the ten must-visit epic and adventurous places in Southeast Asia.
Vietnam objects to Taiwan’s live-fire drills in Ba Binh

Vietnam objects to Taiwan’s live-fire drills in Ba Binh

Vietnam resolutely opposes to and demands Taiwan (China) to cancel live-fire drills in the waters around Ba Binh (Itu Aba) belonging to Vietnam’s Truong Sa (Spratly), vice spokesperson of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang said on March 31.
E-visa stay period may be extended to 90 days

E-visa stay period may be extended to 90 days

The Ministry of Public Security has recently proposed that e-visa holders might be able to stay in Viet Nam for up to 90 days instead of the current 30 days.
New legal documents in first half of March 2023

New legal documents in first half of March 2023

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.
Animal feed industry asks for import tax reduction on raw materials

Animal feed industry asks for import tax reduction on raw materials

The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.
HCM City to host international paper, coatings, rubber, and plastic expos

HCM City to host international paper, coatings, rubber, and plastic expos

Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in HCM City from June 14 to 16.
Bac Kan produce takes off

Bac Kan produce takes off

(VEN) - Efficient trade promotion has helped agricultural and unique products of the northern province of Bac Kan reach foreign markets, including the Czech Republic and Japan, among others.
Bac Giang develops rural industrial exports

Bac Giang develops rural industrial exports

(VEN) - The northern province of Bac Giang has become an industrial development center in recent years, with industry making a growing contribution to the provincial gross regional domestic product (GRDP). However, many rural industrial establishments in Bac Giang remain small-scaled and lack investment capital, equipment, machinery and technology, limiting production capacity, product quality, competitiveness, and domestic and foreign market expansion.
Ocean dialogue dicusses offshore renewable energy potential

Ocean dialogue dicusses offshore renewable energy potential

Offshore renewable energy was the centre of discussion at the 10th Ocean Dialogue in the central province of Khanh Hoa on March 23.
Investment surges in Bac Ninh Province

Investment surges in Bac Ninh Province

(VEN) - In February 2023, foreign direct investment (FDI) in Bac Ninh Province continued to soar, almost doubling the number of projects and tripling the registered capital. Various business promotion plans are expected to help the small province just east of Hanoi achieve breakthrough investment attraction throughout the year.
Vietnam

Vietnam's retail market proves attractive for foreign investors

Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here.
Asian investors increasingly keen on Vietnam

Asian investors increasingly keen on Vietnam

(VEN) - Vietnam is considered a promising destination for investment from Asia, as evidenced by the increasing operations of multinational corporations.
India introduces pharmaceutical industry

India introduces pharmaceutical industry' opportunities to potential Vietnamese investors

Invest India, the National Investment Promotion & Facilitation Agency, had networking hybrid meet in Ho Chi Minh City, introducing investment opportunities in Indian pharmaceutical industry to potential Vietnamese investors.
Decree 08, a magic wand for corporate bonds?

Decree 08, a magic wand for corporate bonds?

(VEN) - Economists believe the newly issued government decree on the private issuance of corporate bonds will have a positive impact on the corporate bond market.
Foreign investors expand consumer finance business in Vietnam

Foreign investors expand consumer finance business in Vietnam

Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.
Stock market violations to face stricter sanctions

Stock market violations to face stricter sanctions

The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.
Vietnam to develop policies to adapt to global minimum tax

Vietnam to develop policies to adapt to global minimum tax

Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.
COP28 President-Designate to speak at Berlin Energy Transition Dialogue Conference

COP28 President-Designate to speak at Berlin Energy Transition Dialogue Conference

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, will visit Berlin to give a keynote speech at the Berlin Energy Transition Dialogue Conference 2023 (BETD) and meet with senior leaders and ministers from across the world. During the BETD, Dr. Al Jaber will repeat his call for governments, the private sector and civil society to work together for swift and ambitious action to reduce global emissions and progress the energy transition.
Turning coffee grounds into energy

Turning coffee grounds into energy

(VEN) - Turning coffee grounds into biomass energy has helped the Nestlé Vietnam Co., Ltd save VND40-50 billion a year.
Vietnam saves 298,000 kWh during Earth Hour 2023

Vietnam saves 298,000 kWh during Earth Hour 2023

With lights turned off for one hour starting 8:30 pm on March 25 in response to the 2023 Earth Hour campaign, Vietnam saved 298,000 kWh of electricity equivalent to about 555.6 million VND (23,617 USD), according to the Vietnam Electricity (EVN)’s National Load Dispatch Center.
The value of wood scraps for business

The value of wood scraps for business

(VEN) - Reusing scraps derived from most stages of wood exploitation and processing will increase business profits by two to three percent.
Vietnam wins 17 prizes at International Robothon 2023

Vietnam wins 17 prizes at International Robothon 2023

The Vietnamese team won 17 prizes at the International Robothon 2023 held in Kuala Lumpur, Malaysia, on March 26.
Vietnam, US cultivate sci-tech, innovation cooperation

Vietnam, US cultivate sci-tech, innovation cooperation

Vietnamese Deputy Minister of Science and Technology Bui The Duy held a working session in Hanoi on March 23 with a business delegation of the US-ASEAN Business Council (USABC) led by the council's President and CEO Ted Osius who were on a working visit to Vietnam from March 21-23.
A321neo: Breakthrough technology saves fuel consumption up to 20%

A321neo: Breakthrough technology saves fuel consumption up to 20%

A321neo: Breakthrough technology saves fuel consumption up to 20%
AI to fuel development of modern agriculture workshop

AI to fuel development of modern agriculture workshop

Artificial intelligence (AI) has an important role to play in the development of modern and sustainable agriculture as it will help with farm automation and optimisation, from weather forecasting, plant and livestock health monitoring to product quality improvement, heard a workshop in Hanoi on March 23.
Scholarship opportunity at New Zealand Education Fairs 2023

Scholarship opportunity at New Zealand Education Fairs 2023

Education New Zealand (ENZ) and Eduvina Limited Company will co-host the New Zealand Education Fairs in April 2023, with the participation of nearly 40 institutions from New Zealand.
Coastal communities to fight illegal fishing with own surveillance forces

Coastal communities to fight illegal fishing with own surveillance forces

In an effort to remove the EC’s “yellow card” this year, the agriculture ministry has asked the communities to quickly form fisheries surveillance forces in line with the Fisheries Law and the Law on Organisation of Local Administration.
Enhancing Hanoi-Singapore business connections

Enhancing Hanoi-Singapore business connections

(VEN) - Hanoi is ready to facilitate and provide necessary arrangements to attract Singaporean investors.
Strong signals of positive year for industrial real estate market

Strong signals of positive year for industrial real estate market

CBRE Vietnam has reported that Việt Nam's industrial real estate sector is poised for a prosperous year in 2023 due to a surge in demand.
Viettel’s Cambodia affiliate signs strategic cooperation agreement with local group

Viettel’s Cambodia affiliate signs strategic cooperation agreement with local group

Metfone, the Cambodia-based affiliate of the military-run telecom group Viettel, and ISI Group of Cambodia signed a memorandum of understanding (MoU) on strategic cooperation in Phnom Penh on March 29.
Hundreds of high-quality goods honored

Hundreds of high-quality goods honored

(VEN) - Over 500 enterprises have been honored this year with the High-Quality Vietnamese Goods awards, reflecting their longtime popularity.
Vietnam adopts high integration standards

Vietnam adopts high integration standards

(VEN) - Given Vietnam’s increased integration into the global marketplace, domestic producers are being urged to meet standards beyond those expected of high-quality Vietnamese products.
Bac Giang promotes consumption of OCOP products associated with tourism

Bac Giang promotes consumption of OCOP products associated with tourism

The northern province of Bac Giang plans to strengthen communication activities for products of the One Commune-One Product (OCOP) programme and promote the consumption of OCOP products associated with tourism activities this year.
Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development.
Reel in the flavours of Việt Nam with braised pickled carp

Reel in the flavours of Việt Nam with braised pickled carp

A complex and harmonious melange of flavours, this nutritious dish blends the sweetness of carp, the tangy sourness of pickled vegetables, and the spicy kick of chilli peppers, all simmered together in a rich and savoury broth.
Concert dedicated to Trịnh Công Sơn to take place at Hà Nội Opera House

Concert dedicated to Trịnh Công Sơn to take place at Hà Nội Opera House

A live concert programme will take place in Hà Nội next month to commemorate 22 years since the day composer Trịnh Công Sơn passed away.
Let’s go fly a kite

Let’s go fly a kite

(VEN) - The annual kite flying festival of Ba Duong Noi Village in Hanoi’s suburban district of Dan Phuong is held on the 15th day of the third lunar month.
Vietnam welcomes back Chinese tourists

Vietnam welcomes back Chinese tourists

(VEN) - China is piloting the second phase of group tours to Vietnam, which is expected to facilitate the recovery and development of bilateral tourism cooperation in the post-pandemic period.
National Tourism Year 2023 kicks off in Bình Thuận

National Tourism Year 2023 kicks off in Bình Thuận

The 'Bình Thuận-Green Convergence' themed programme seeks to drive green growth and promote tourism development through collaboration with other economic sectors for sustainable progress.
Exploring Việt Nam ’s fourth highest mountain peak, Bạch Mộc Lương Tử

Exploring Việt Nam ’s fourth highest mountain peak, Bạch Mộc Lương Tử

The top of Bạch Mộc Lương Tử in Lào Cai Province, Việt Nam, is a popular spot for tourists to watch the sunset and take pictures of floating clouds.
Ministry proposes extending visa-free stay to 30 days, e-visa to 90 days

Ministry proposes extending visa-free stay to 30 days, e-visa to 90 days

The relaxed policies aim to attract foreign tourists to Việt Nam amid fierce competition from the countries in the region especially after nations have lifted COVID-19 restrictions.
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