Power Development Plan 8 sets out roadmap for VN’s renewable energy goals

The long-anticipated Power Development Plan 8 (PDP8) for 2021-2030, with a vision to 2050, which was released in May, sets out a roadmap for Viet Nam’s long-term renewable energy goals.

The most expensive Ngoc Linh ginseng worth billions of VND

Ngoc Linh ginseng, considered Vietnam’s national treasure, is a rare medicinal herb, known as the king of ginseng species. Bulbs of Ngoc Linh ginseng, old and rare, are worth up to billions of dong.

Rare earth upsides can help beckon foreign capital

Vietnam can utilise its abundant reserves of rare earth materials to lure in high-tech foreign investments.

Real estate stocks see bright days, stock liquidity stable

Real estate shares were the focus of the stock market last week with Vingroup share prices up by 21 percent and good news about the government’s efforts to remove obstacles from the real estate market. The stock liquidity was firm at over $1 billion.

Australian media suggests five stunning parks worth visiting in Vietnam

Australia’s tourism newswire Escape published an article aimed at introducing information about five stunning parks worth visiting in Vietnam, with these locations being places tourists can relax before tackling their next urban adventure.

Small, micro businesses in tourism try to stay afloat

Small businesses play an indispensable role in the broad tourism supply chain, yet many are struggling to stay afloat, particularly due to the prolonged economic challenges since the pandemic began.

HCM City to relocate more than 600 households to avoid natural disasters

By 2025, HCM City will complete relocation and settlement for 611 local households living in disaster-prone areas, according to a plan that has been approved by city authorities.

Foreign firms expand investment into Vietnamese furniture market

Lower tariffs, an easy trading environment, convenient logistic services, and a wide range of materials for manufacturing furniture make Vietnam a promising hub of furniture manufacturing, according to Mordor Intelligence.

New development space opens for Vietnam’s ICT industry

Despite ongoing challenges, new development opportunities are emerging for Vietnam’s ICT industry, driven by 4G and 5G networks.

Vietnam weighs setting up land use rights trading floor

The prime minister has directed two ministries to jointly explore the feasibility of establishing a trading platform for land use rights.

Foreign travelers now can look up street names via QR codes

After four months of preparation, the names of streets in Tam Ky City in Quang Nam province have been included with information in English, which allows foreign travelers to search for information on their smartphones.

Children need companionship and safety protection in cyberspace

Representatives of Vietnamese children at the 7th National Children's Forum 2023 discussed and expressed their concern related to cyberspace safety.

The beauty of Vietnamese workers in pictures

Vietnamese workers in various industries have made an important contribution to the country’s development.

Tan Son Nhat airport launches automated entry system

Tan Son Nhat International Airport has introduced an automated entry system (autogate) to facilitate the entry of travelers and speed up immigration procedures.

Nearly US$5 billion spent on fuel imports in Jan-July

Vietnam spent nearly US$5 billion importing oil and gasoline products between January and July, up 61% year-on-year.

HCM City pledges to improve waterway tourism

The HCMC People’s Committee has unveiled a plan to improve waterway tourism products from 2023 to 2025, with the goal of earning more from this tourism segment.

Facebook, Google, and TikTok ordered to remove content volations

Facebook, Google, and TikTok removed a significant amount of content that violated the law in July, meeting about 90 per cent of the MIC's requirements.

VIETNAM BUSINESS NEWS AUGUST 9/2023

Inflation stable, State-managed prices can be adjusted

Ta So village preserves Mong ethnic culture

The H’ Mong people in Ta So village of Chieng Hac commune have quickly attracted tourists and the government's investment to become a community-based tourism village in the near future.

HAY Glamping Music Festival to welcome famous foreign singers

Ronan Keating, the lead singer of Irish group Boyzone, and the Republic of Korea (RoK)’s hip-hop trio Epik High have been confirmed as acts for the HAY Glamping Music Festival, which is slated to take place on September 29-30 in Hanoi.

A journey to discover Lai Chau

In recent years, Lai Chau province has become a popular tourist destination, especially trekking trips to explore caves, forests, mountains and adventure sports activities.

Anti-dumping duties placed on Thai cane sugar imported into Vietnam

The Ministry of Industry and Trade (MoIT) is set to officially impose anti-dumping and anti-subsidy duties on a number of cane sugar products originating from Thailand as from August 18.

Hanoi named among world’s 21 best winter vacations for 2023

The US News & World Report has unveiled the 21 best winter vacations to enjoy this year around the world, with Hanoi ranking sixth in the list.

Central Highland province declares disaster state of emergency

The Central Highland province Dak Nong on August 8 declared a state of emergency to support recovery efforts for public works heavily damaged or badly impacted by the recent torrential rain and flooding.

VIETNAM NEWS HEADLINES AUGUST 9/2023

PM orders mitigating damage from landslides, flash floods