Vietnam allows 3,035 foreigners to purchase homes

The sale of homes to foreigners is set to be a significant issue as the National Assembly discusses the amended draft Law on Housing.

Approximately 6.8 per cent of Vietnam's GDP lost annually to climate change

To respond to climate change by 2040, Vietnam will need approximately $400 billion. However, the state budget is only anticipated to provide $130 billion.

Chau Doc River Floating Village

Besides the spiritual attractions of Chau Doc City in An Giang Province, tourists can marvel at the floating houses and fishing rafts dotting the Chau Doc River.

Six districts in HCM City need re-arrangement

Six districts in HCMC, covering a natural area of less than seven square kilometers and with a population of under 300,000 residents, will undergo re-arrangement in the next three years, as per the HCMC authorities’ plans.

The house of 'Bac Lieu Dude' reopens

After months of restoration, a mansion of over 100 years old has reopened for tourists in the southern province of Bac Lieu.

New passport, laissez-passers, forms of entry and exit applied from August 15

The Ministry of Public Security issued a circular providing regulations on passports, laissez-passers, and forms of entry and exit that will take effect from August 15.

Threat of landslides looms over Central Highlands, South Central Vietnam

In recent years, many serious landslides have taken a heavy toll on people’s lives and property, cutting off arterial roads.

Where did BlackPink sample Vietnamese pho and banh mi?

During the second night of the Born Pink show at My Dinh Stadium in Hanoi, two members of the K-pop girl band BlackPink - Jisoo and Lisa – enjoyed Vietnamese banh mi (sandwich) and pho (noodle).

Vietnam to develop new energy-based development engine

Vietnam will prioritise foundation industries, supporting industries, and materials for export industries.

Cao Bang aims to expand the space for international integration

Cao Bang province has continued to strengthen cross-border cooperation, ensuring the stability of border security and national territorial sovereignty.

Vietnam braces for more tropical storms this month

Vietnam is likely to face two or three tropical storms and depressions this month, with the northern and north-central regions forecast to be affected, according to the National Center for Hydro-Meteorological Forecasting.

VIETNAM BUSINESS NEWS AUGUST 7/2023

Circular stipulates new regulations on electronic money transfers

VIETNAM NEWS HEADLINES AUGUST 7/2023

Seventh National Children’s Forum opens in Hanoi

Government urges EVN to complete electricity pricing mechanism

The Vietnamese government has requested that the MoIT amend and supplement the mechanism for adjusting the average retail price of electricity and the structure of the retail electricity tariff.

Top Vietnamese legislator meets with Thai House Speaker

National Assembly Chairman Vuong Dinh Hue held a meeting with Speaker of the House of Representatives of Thailand Wan Muhamad Noor Matha on August 7 in Jakarta.

Vietnam finish among top 20 at World Archery Championship

The Vietnamese female team ranked 17th at the World Archery Championship, which was held in in Germany from August 1 to August 6.

Vietnamese culture and trade promoted in Osaka

The Asia-Japan Economic-Cultural Cooperation Center officially made its debut on August 6 in Osaka, Japan.

Cuc Phuong National Park again wins at World Travel Award 2023

Cuc Phuong National Park, a famous tourist destination based in the northern province of Ninh Binh, has been named "Asia's Leading National Park" at the World Travel Awards for the fifth consecutive year.

Bad debts skyrocket in wake of poor business performance

Total non-performing loans (NPLs) at many banks surged in the first half of this year due to the poor business performance of the whole economy, and experts forecast the trend will continue.

Vietnam's ICT revenue falls by more than 7% over last year

Revenue of the information and communications technology industry (ICT) was valued at over VNĐ1.71 quadrillion, equivalent to US$72.9 billion, by the end of last month, down 7.1 per cent compared to the same period last year.

Only a 5th of companies prepared against major risks: survey

Less than one in five (18%) organisations in Vietnam are confident they are ready to face current and future risks, a survey conducted by Willis Towers Watson has found.

Reading area opened for children during summertime

"The Reading Point" has opened a space for reading and activities to children in HCM City during the summer break.

Former CEO arrested for $40m embezzlement from property developer chairwoman

Nguyen Cao Tri, former CEO of Saigon – Dai Ninh Tourism Investment Company, has been arrested for allegedly appropriating a staggering US$40 million from the chairwoman of property developer Van Thinh Phat.

Landslides, flooding kill 7, destroy property, roads

The northern region has been hit by prolonged heavy rain, resulting in severe landslides and flooding that claimed seven lives and three injuries, blocked numerous roadways, and caused significant damage to properties and infrastructure.

Major transport projects expected to spur growth of VN southwest region

Economists projected that completing the infrastructure ensures connectivity between the southwest economic region and HCM City, forming a conduit to help the southern economy to develop.