FDI inflows into real estate hits over US$68 billion

Vietnam has so far attracted 1,135 foreign-invested projects in the real estate sector with a total registered capital reaching US$68.045 billion, according to data provided by the Ministry of Planning and Investment (MPI).

Vietnamese passport drops five places on Henley Passport Index

The Vietnamese passport has fallen by five notches to 87th on a list of the world’s most powerful passports, according to the latest report released by Henley Passport Index.

Hanoi FC signs new contract with Iwamasa Daiki as head coach

Hanoi FC on January 11 signed a contract with Japanese coach Iwamasa Daiki, who is expected to maintain the team’s sound performance in both national and continental competitions.

Seven Vietnamese businesses eligible to export bird's nests to China

Seven Vietnamese businesses have been granted permission to export their bird's nest products to the Chinese market.

Public investment disbursement likely to hit record high in 2023

The disbursement of public investment in 2023 was projected to reach 95% of the plan, equivalent to over 27 billion USD, marking the record high so far, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Vietnam experiencing vibrant sea tourist influx

The tourism industry in 2024 has seen positive signals as ocean liners have bustled at ports for the past 10 days, bringing tens of thousands of foreign visitors to Vietnam.

10-15% earnings growth forecast in 2024 for listed companies

Listed companies’ earnings growth is expected to recover from zero last year to 10-15% this year, but with a wide variation between sectors, according to Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital.

VIETNAM BUSINESS NEWS JANUARY 11/2024

Experts suggest policies to stimulate aggregate demand in HCM City

Vietnam seeks cooperation in India’s strengths

VN wishes to foster cooperation with India and its Gujarat state in particular in the areas of the Indian side’s strengths and Vietnam’s priorities, Deputy PM Tran Luu Quang affirmed while addressing the 10th Vibrant Gujarat Global Summit.

VIETNAM NEWS HEADLINES JANUARY 11/2024

Deputy PM asks for detailed progress of Long Thành Airport component projects phase one

70% of institutions are not reviewing or patching security vulnerabilities

The Authority for Information Security (AIS) has found that 70 percent of institutions have not paid attention to examining and fixing security vulnerabilities identified by agencies and security firms.

Cashew industry sees bright global prospects despite challenges

Vietnam’s cashew industry eyes export growth despite global headwinds, according to insiders.

Real estate market to recover in 2025

The Vietnam Association of Realtors (VAR) believes that 2024 will be the last year the real estate market will face hurdles before it begins recovering and becomes stable in 2025.

VN Government to continue to improve business environment in 2024

The Government targets to create a favourable business environment to facilitate new business initiatives and innovations and to reduce costs and risks for businesses.

If fertility rate continues to fall, population to drop to 72 million by 2100

If the fertility rate continues to decreases, Vietnam will begin seeing minus fertility growth rate after 2054 and the total population will fall to 72 million by 2100, experts have warned.

Foreign diplomats and tourists to explore Vietnamese Tet at Duong Lam village

Foreign ambassadors, along with representatives of diplomatic missions and international organisations, will gather in Duong Lam ancient village in Hanoi from January 20 to January 21 as they enjoy a traditional Lunar New Year or Tet.

Da Nang to host international sporting events to attract tourists

The central coastal city of Da Nang is set to host an array of large-scale international sporting activities during the course of this year to develop the local tourism industry.

VN auto sales plunge despite registration fee cut by half

2023 was a challenging year for the Vietnamese automobile market as sales fell 25% year-on-year despite a 50% cut in the registration fee from July 1, according to the Vietnam Automobile Manufacturers Association (VAMA).

Asian countries to compete in Nha Trang international light show festival

The Ever Glamour Nha Trang international light show festival will be held every Saturday from June 29 to July 20 in the southcentral province of Khanh Hoa.

HCM City targets 8.5 mln USD per ha in export processing, industrial zones

The management board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza) has set a target to attract 550 million USD in investment capital this year, averaging 8.5 million USD per ha.

Prevention of child marriage in ethnic groups still faces difficulties

According to the provincial Ethnic Committee of Lào Cai Province, some ethnic groups still consider child marriage to be normal.

New Year of the Dragon exhibition opens at Fine Arts Association

Paintings by a group of artists featuring images of flowers and dragons - the icon of the year 2024 - are on display at the HCM City Fine Arts Association.

Vietnam secures fourth ticket to Paris Olympics

Le Thi Mong Tuyen has earned Vietnam’s fourth ticket to the Paris 2024 Summer Olympics following her excellent performance at the Asian Rifle/Pistol Championship 2024 which is being held in Indonesia from January 7-17.

Standard Chartered forecasts Vietnam's 2024 GDP growth at 6.7%

Standard Chartered Bank expects Vietnam to have a robust GDP growth of 6.7% in 2024 (6.2% and 6.9% in the first half and second half of the year, respectively).

Early Tet atmosphere in HCM City

A commercial centre in District 1 of Ho Chi Minh City has been adorned with colourful Tet decorations as residents get into the festive spirit and prepare to welcome in the Lunar New Year of the Dragon.