VIETNAM NEWS HEADLINES JUNE 12/2023

Kazakh President postpones Vietnam visit

Hanoi strives to new industrial zones and clusters to attract foreign investors

Hanoi plans to build more industrial zones and industrial clusters to attract foreign investment, said deputy chairman of the municipal People's Committee Nguyen Manh Quyen.

Power outages cause high-rise buildings’ residents feel insecure to use elevator

People living or working in apartment and office buildings in Hanoi say they feel very anxious when using elevators due to recent power outages.

Informal expenses for customs clearance decline

Each company has to spend about 14.9 hours to complete a cross-border trade transaction and incur direct costs of around 3.8 million VND (165 USD) for logistics services.

Too much to bear: art house a foundation for daring projects

The One-Square-Metre World exhibition has been held in Ninh Bình since late April, aiming to raise community awareness of animal welfare and call for an end to the practice of holding bears captive for bile extraction in VN.

EU relaxes food safety regulation for Vietnamese instant noodles

Vietnamese instant noodle products imported into the European Union (EU) market will not be required of certificates of food safety inspection issued by Vietnam’s authorised agencies from June 27.

SBV cuts operating interest rates, but small banks maintain high interest rates

The State Bank of Vietnam (SBV) has cut some operating interest rates, but has not intervened in ceiling interest rates of 6-month or longer-term deposits, so there are interest rate gaps among commercial banks.

Rattan and bamboo products of Nghe An’s mountainous areas go abroad

From the skillful hands of artisans, woven products of Diem village have gradually affirmed their position in the market.

UK literary mag finds ’measureless melodies’ in Vietnamese poetry

A collection of Vietnamese poetry translated into English to honour the beauty of the Vietnamese language has been published including translations spanning centuries of Vietnamese poems.

Summer heat peaks, beverage manufacturers pocket profits

Contrary to predictions, Vietnamese beverage manufacturers have not been ousted by foreign giants from the home market, but have been performing well and competing equally with them.

HCMC needs to pay better salaries to attract talented staff: NA deputies

Better recruitment policies are expected to be the key to the outstanding development of HCM City.

Entertainment and cultural events of the week (June 12-18/2023)

Entertainment and cultural events in Vietnam's major cities on June 12-18.

Car sales may remain lackluster despite fee cut: Finance Ministry

The Government has approved a proposal to reduce the registration fee for domestically manufactured automobiles by 50%. However, the Ministry of Finance has predicted that the fee cut may not have the desired impact.

HCMC real estate market shows signs of improvement: experts

Local experts are hopeful for a potential but gradual rebound of the real estate market in HCMC.

Transport businesses in distress due to shortage of container truck drivers

Transport firms are grappling with the shortage of container truck drivers due to strict driving licence requirements, affecting their operations.

A tour of Cat Ba island

Cat Ba island, in Lan Ha bay adjacent to world heritage site of Ha Long bay, is a popular tourist destination near Hai Phong city.

Passenger bus overturns in Phu Tho, 21 Koreans on board

A passenger bus carrying 29 people, including 21 citizens of the Republic of Korea, crashed down the slope and overturned in the northern midland province of Phu Tho on June 11.

New heat waves continue descending North region: Weathermen

Weathermen forecast partial thunderstorms will hit the South in the afternoon and evening while new heat waves are descending the North until the end of June.

Vietnam preparing for competitions at ASIAD 19

Vietnam is preparing to send the best athletes for competitions at the 19th Asian Games (ASIAD 19).

HOSE reports 2022 revenue of nearly VND2 trillion

The Hochiminh Stock Exchange said in its 2022 financial statement that it generated VND2,508 billion in revenue, a 23% decrease against the previous year.

Vietnam wants stronger agro-fishery exports to China

The Vietnamese Ministry of Agriculture and Rural Development is actively working toward enhancing trade cooperation with China to boost the country’s exports of agricultural produce.

Vietnam set to begin work on four major road projects next week

The Government has given the go-ahead to the commencement next week of construction work on four major road projects in southern Vietnam.

Dong Nai native to vie for Miss Teen International 2023 title

Bui Vu Xuan Nghi, 19, hailing from Dong Nai province will represent Vietnam to compete at the Miss Teen International 2023 pageant to be held in Cambodia in mid-June.

Deputy Foreign Minister hails Hungary for considering Vietnam priority partner

Deputy Minister of Foreign Affairs Le Thi Thu Hang has hailed Hungary for considering Vietnam a priority partner in its policy of strengthening and expanding ties with Southeast Asian nations.

National women’s football team climbs one place on global ranking

The Vietnamese women's national football team has climbed one place to the 32nd in the latest FIFA Women’s World Rankings which was released on June 9.