New law requires banks under special control in 6 cases

With 91 percent of yes votes, the National Assembly on January 18 approved the amended Law on Credit Institutions with 210 articles, expected to take effect on July 1, 2024.

VIETNAM BUSINESS NEWS JANUARY 20/2024

Vietnamese durian put under EU microscope for pesticide control

Royal documents on Hue Citadel building displayed

Nearly 100 royal documents on Huế Citadel building are on display for the first time at Ngọ Môn Square in the Imperial City of Huế.

Rapper Den Vau wins two Mai Vang Awards

Vietnamese rapper Đen Vâu was granted two Mai Vàng (Golden Ochna) Awards at the 29th annual ceremony taking place at the HCM City Opera House on Thursday night (January 18).

Health Ministry calls for better health screening at borders during holidays

The Ministry of Health advises health inspection centres to stay updated on global infectious disease information, ensuring effective monitoring and prevention measures at border checkpoints.

Vietnam lose 0-1 to Indonesia at Asian Cup 2023

Vietnam’s hope of getting a ticket to the Asian Cup 2023 knockout round was jeopardized when they lost 0-1 to Indonesia in a group D match in Qatar on January 19 evening.

Vietnam trade office in Netherlands warns of online trading fraud

The Vietnam Trade Office in the Netherlands has warned of online fraud cases, particularly related to petroleum products, amidst the high demand for this category of goods.

Ninh Binh seeks UNESCO’s enhanced support in heritage preservation

Ninh Binh, home to the UNESCO World Heritage Site of Trang An Scenic Landscape Complex, wants to integrate into the global network of heritage cities and towns to learn preservation and tourism development experiences through UNESCO.

Computer viruses cause losses of 716 million USD in 2023

Computer viruses caused estimated losses of 17.3 trillion VND (716 million USD) to Vietnamese users in 2023, according to a cybersecurity assessment programme for individual users conducted by Bkav Corporation in December last year.

Industry and trade ministry's Party Committee Standing Board disciplined

The Party Central Committee’s Inspection Commission decided to give a warning to the Standing Board of the Ministry of Industry and Trade’s Party Committee in the 2015-2020 tenure as a disciplinary measure.

Hanoi unveils plan to attract foreign tourists this year

Hanoi is set to implement measures aimed at attracting foreign visitors in 2024, focusing on such key markets as Northeast Asia, the EU, and the US.

Vietnamese, Hungarian PMs attend business forum

Prime Minister Pham Minh Chinh and his Hungarian counterpart Viktor Orbán attended a Vietnam-Hungary business forum in Budapest on January 19 (local time).

PM speaks on Vietnam’s policy at National Public Service University in Budapest

Prime Minister Pham Minh Chinh visited National Public Service University in Budapest on January 19 where he delivered an important policy speech before delegates from political, military, diplomatic circles as well as scholars and students.

VIETNAM NEWS HEADLINES JANUARY 20/2024

Hungary considers Vietnam most crucial partner in Southeast Asia: Hungarian president

Nation staying united, resolved to build stronger, more prosperous, happier VN

Party General Secretary Nguyen Phu Trong has granted an interview to the Vietnam News Agency on the occasion of the Lunar New Year (Tet) and the 94th founding anniversary of the Communist Party of Vietnam (February 3, 1930-2024).

Experiencing Vietnamese Tet in Duong Lam Ancient Village

A tourism promotion programme themed “Tet Lang Viet” (Tet in Vietnamese village) is being held in the ancient village of Duong Lam, Son Tay township of Hanoi on January 20-21 to promote the value of traditional Tet customs.

Nation looks abroad for livestock boon

Agricultural businesses and state management authorities are accelerating negotiations with global partners to unlock export markets, helping Vietnam to target of $1.5 billion of livestock products exports in 2025.

Vietnam moves towards smart governance of water resources

The Ministry of Natural Resources and Environment (MoNRE) has said it will step up digital transformation and maintain the operation of the online surveillance system over water exploitation and use for about 600 works licensed by it in 2024.

New incentive policies needed to attract and retain strategic investors

Competent Vietnamese agencies are formulating additional breakthrough support policies aimed at luring strategic investors amid fierce competition in foreign investment attraction and the imposition of the 15% global minimum tax in 2024.

Visionary man takes craft products from sedge to international market

Pham Minh Ton, the 46-year-old man in Nga An Commune, has successfully brought a variety of handmade products crafted from sedge to the international market, surpassing the traditional craft of mat weaving.

Vietnam poised for semiconductor investment boom

Minister of Planning and Investment Nguyen Chi Dung highlighted Vietnam's preparedness for the upcoming semiconductor industry investment wave.

Manufacturing ready for external pressures

Manufacturers in key industries are grappling with rising costs and plummeting demand that is weakening manufacturing and export activities.

Public hospital patients not satisfied over check-up procedures

Other problems that lower the patient’s satisfaction at State-owned hospitals in HCM City are procedures for check-up covered by health insurance, instructions and seats for patients in the waiting area.

Innovative policies needed to develop urban railway systems

Legal frameworks and innovative policy mechanisms are needed to develop urban railway systems based on the Transit-Oriented Development (TOD) model in big cities.

Expectations high for Vietnamese Women’s Volleyball

Fans have high expectations for the team, hoping they will surpass their limits and achieve new milestones for Vietnamese women’s volleyball.