Vietnam resolved to become leading investment destination: PM

Prime Minister Pham Minh Chinh on January 17 presided over a seminar themed “Vietnam – leading sustainable investment in ASEAN” in Davos as part of his trip to Switzerland to attend the 54th Annual Meeting of the World Economic Forum (WEF-54).

Prime Minister meets Swiss President, UNCTAD Secretary-General in Davos

Prime Minister Pham Minh Chinh met with Swiss President Viola Amherd and Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan in Davos, Switzerland, on January 17.

VN’s agriculture sector targets growth between 3.2-4% in 2024

VN remains committed to efforts in restructuring its agriculture sector, promoting the development of green, clean, ecological, organic, high-tech, intelligent agriculture and adapting to climate change.

4-year-old boy conquers highest mountains in Vietnam

At the age of four, Min has climbed the highest mountains in Vietnam, including Lao Than and Lung Cung, without any support from adults.

AI to lead to many job losses in some fields

With the development of AI, many workers will become redundant and be replaced by robots, including unskilled workers, factory workers and even office workers, according to FPT University Vice President Hoang Nam Tien.

Gov’t orders preparations against drought and salinisation

The directive underscores that proactive response is imperative, particularly in light of the increasingly abnormal weather conditions and rising saline intrusion in the Mekong Delta following tidal patterns.

Transport Ministry to increase state funds for PPP railway projects

The Ministry of Transport (MOT) has proposed an amendment to the Law on Railways to increase the state’s capital contribution to railway projects implemented under private public partnerships (PPP) from 50 percent to 80 percent.

VN sets plan for HFC consumption and production for 2024-28

The country aims to cut HFC consumption by 10 per cent between 2029 and 2034, and 80 per cent in 2045.

VN Register’s deputy head detained on charge of power abuse

The HCM City Police Investigation Agency (PC01) also launched legal proceedings and detained five other officials from the roadworthiness body related to the case.

First int’l innovative designs expo opens in HCM City

Van Lang University (VLU) in collaboration with Korea Institute of Culture Product and Design (KICD) on Monday (January 15) co-organised a winter international symposium and exhibition for the first time in Vietnam.

Exports to US bring in nearly US$97 billion

Vietnam earned nearly US$97 billion from its exports to the United States last year, representing a decline of 11.3% year on year, according to the Ministry of Industry and Trade.

Nearly VND58 trillion to be allocated for major infrastructure projects

The government has proposed using more than VND63 trillion from contingency fund of the 2021-2025 public investment sourced from the 2022 increased budget revenue for development projects.

VIETNAM BUSINESS NEWS JANUARY 17/2024

HCM City’s industry and trade sector sets targets for 2024

Global leading corporations consider Vietnam a potential market

Vietnamese Prime Minister Pham Minh Chinh received leaders of some of the world’s leading corporations in the fields of technology, e-commerce, finance, and tourism, in Davos, Switzerland, on January 16 afternoon.

WEF helps to develop Centre for Industry 4.0 in Ho Chi Minh City

The World Economic Forum (WEF) will help Ho Chi Minh City to establish a Centre for the Fourth Industrial Revolution (C4IR).

Vietnam’s AI readiness index fifth in ASEAN, 59th globally

Achieving an overall score of 54.48 out of 100, Vietnam ranked fifth among ASEAN countries and 59th globally in the 2023 Government Artificial Intelligence (AI) Readiness Index.

Netherlands, Australia help transform rice value chains in Mekong Delta

The project will be implemented from the Summer-Autumn crop in 2024, with funding of 16 million AUD (10.5 million USD) from the Australian Embassy in Vietnam.

Vietnam defence ministry presents command headquarter to Lao army

The Vietnamese Ministry of Defence on January 16 handed over the newly-built command headquarter of the Infantry Division 1 of the Lao People’s Army (LPA) to the Lao side as a gift for the Lao defence ministry.

Vietnam keen to explore more free trade advantages

Inspired by recovering goods export activities since the remaining months of 2023, the Vietnamese government will expand markets to boost shipments this year and beyond.

"Happy Tet 2024" to open in Hanoi​

The “Happy Tet 2024” programme will be held at the Thang Long imperial citadel in Hanoi from January 24-28 by the Hanoi Promotion Agency (HPA) and the Thang Long-Hanoi Heritage Conservation Centre.

Vietnam's universities expand semiconductor programs

Vietnam is estimated to face a shortage of 20,000 qualified personnel in the semiconductor industry in the next five years as foreign-invested enterprises pour money into the country's sector.

NA discusses allocation of 2.59 billion USD for mid-term public investment plan

The Government proposed to the National Assembly an additional allocation of more than 63.72 trillion VND (2.59 billion USD) for the mid-term public investment plan from the central budget for the 2021-2025 period.

VIETNAM NEWS HEADLINES JANUARY 17/2024

Vietnam fosters cooperation with Belgium, says PM

Vietnam Airlines, Singapore unveil tourism ipartnership nitiative

National flag carrier Vietnam Airlines and Singapore's Sentosa Development Corporation (SDC) signed a Memorandum of Understanding (MoU) on cooperation for the 2024-2025 period at a ceremony in Hanoi on January 16.

PM chairs dialogue with tech businesses in Switzerland

Prime Minister Pham Minh Chinh presided over a dialogue with businesses on cooperation in artificial intelligence (AI), automobile industry, semiconductor chip and ecosystem development in Davos, Switzerland, on January 16.