Vietnam Business News June 19/2024

Credit growth remains far from government’s target

President To Lam welcomes newly accredited ambassadors

President To Lam separately received the ambassadors of Pakistan, Mozambique, and Timor-Leste who came to present their credentials in Hanoi on June 18.

Art Lighting Experience spotlights works by Van Gogh, Claude Monet

Art Lighting Experience, an interactive art exhibition designed to engaged all senses, displaying works by two famous painters Vincent Van Gogh and Claude Monet will open in Ho Chi Minh City on June 21.

Divo releases new music video honouring Vietnamese women

Divo Tung Duong seems never get tired to offer his audience something new, whether he is on the stage or launching a music product.

Rising cancer rates concern Vietnamese amid healthcare inflation

The Manulife Asia Care Survey reveals that cancer is the standout health concern for people in Vietnam.

Vietnam to host first AFC Women’s Champions League’s group round

Vietnam will host a group stage of the Asian Football Confederation (AFC) Women’s Champions League, which will be staged in August and when huge bonuses will be given away.

Foreign developers dominate modern warehouse market in Vietnam

Foreign developers have dominated the modern warehouse market in Vietnam, accounting for over 75% of the country’s market share by the end of 2023.

A feast of a tuna eyeball, maybe not to everyone’s taste?

Quy Nhon Coastal City in the central province of Binh Dinh has many delicacies made from fish but is particularly famed for its stew made from tuna eyeballs, which comes highly recommended by local chefs.

No funds from VND120 trillion social-housing package have been disbursed

A credit package of VND120 trillion was launched a year ago to provide preferential credit to develop social housing and improve old apartment buildings. However, no project has received disbursement from the package.

Vietnam urged to remove legal barriers for eco-industrial park development

The development of eco-industrial parks is not an easy task when there are many obstacles in terms of mechanism, determination and participation of enterprises, experts have said.

100-year-old clock that tells time by sunlight to be restored

After a long period of degradation, Vietnam's unusual stone clock that tells time measured by sunlight in Bac Lieu province will be restored to preserve its heritage value.

Huawei plans expansion: Data Center in Vietnam on the horizon

After establishing five data centers in Southeast Asia, Huawei is now considering Vietnam as the location for its next data center, signaling the growing attractiveness of Vietnam's cloud computing market.

American YouTube blogger enjoys luxury tour to Nha Trang

Visiting the coastal resort in Nha Trang, an American man chose to stay at an isolated villa in the mountains which cost $1,600 a night (VND40 million) and offered a special meal in the wine cellar worth $410 (VND10 million).

Chinese electric cars face uphill battle in Vietnam's market

The Vietnamese market is witnessing a surge of Chinese electric cars since 2023, with five brands entering in just the past 12 months, covering all segments from mini cars to SUVs and MPVs.

1.5km road project in Hanoi takes shape after six years

With a total investment of over 1,220 billion VND, the project has shown significant progress after experiencing delays.

Putin's fifth visit to Vietnam: A symbol of enduring friendship

Russian President Vladimir Putin’s upcoming visit to Vietnam marks a significant milestone in the deep and multifaceted relationship between the two nations.

Vietnam’s Internet quality report: Mobile speeds up, fixed broadband slows down

The i-Speed Internet access speed measurement system, developed by the Vietnam Internet Network Information Center (VNNIC), has released its latest data on Vietnam's Internet quality for May.

Ho Chi Minh City braces for betting-related crimes during Euro 2024

Ho Chi Minh City Police have issued a warning about the potential rise in crimes related to football betting during the 2024 European Football Championship (Euro 2024).

Ancient stone village in Cao Bang offers authentic 'cave room' experience

In Khuoi Ky stone village, nestled in Dam Thuy commune, Trung Khanh district, Cao Bang province, tourists are flocking to experience a unique homestay that offers a blend of traditional charm and modern comforts.

Severe lightning strike burns man in his bedroom

In a shocking incident, a 29-year-old man from Bac Son district, Lang Son province, was struck by lightning while inside his bedroom.

Tourist's dangerous stunt on Hanoi train tracks sparks outcry

A video showing a woman risking her life by jumping onto train tracks to pose for a photo, just as a train approached, has gone viral on social media.

Mother of young cornea donor campaigns for organ-donation center

Six years after her daughter Hai An, died, her mother continues to believe that her daughter is still by her side.

A look back: Four historic visits of Russian President Putin to Vietnam

Russian President Vladimir Putin has visited Vietnam four times, each marking an important milestone in the relationship between the two countries.

Offerings to kings have been revived

Tho Hao ginseng (Abelmoschus sagittifolius), a precious medicinal herb which was an offering to kings in the past, and once was lost for 70 years, has been planted again and revived.

Vietnam's Do Quang Tuyen to compete in Mister Supranational 2024 in Poland

Do Quang Tuyen, a 1.85m tall model from Nam Dinh City, has been officially chosen to represent Vietnam at the Mister Supranational 2024 contest.