Top business stories (March 6-12/2023)

The price of building materials has been increasing since the beginning of the year despite weak demand and a gloomy real estate market.

Heroic Gac Ma soldier recalls battle in 1988

Thoa, who joined the national army when he turned 17, became a non-commissioned officer of Squadron 1, Navy Brigade 125, which was based at Tân Cảng, HCMC City. He was tasked with repairing machinery on ship HQ 602.

CMC TS and CMC Global achieve Analytics on Microsoft Azure Specialization

CMC TS and CMC Global have announced to get the Analytics on Microsoft Azure Specialization.

VIETNAM BUSINESS NEWS MARCH 14/2023

Domestic steel enterprises suffer falling demand

Central Retail poised to acquire big Vietnamese retailers

Central Retail is one of the big players in the retail industry willing to spend big money to buy retail empires. Rumor has it that it is negotiating to acquire a large shopping mall chain in Vietnam.

Flea market in mountainous township

Once traveling to the northernmost mountainous region of Vietnam, tourists should visit traditional flea markets here.

VIETNAM NEWS HEADLINES MARCH 14/2023

Vietnam makes series of recommendations at 146th IPU Assembly

Central bank inspects banks for compliance with bond regulations

The State Bank of Viet Nam has carried out surprise checks of 11 commercial banks to find out if they are in compliance with regulations governing bond purchases by lenders.

Health ministry issues alert after human cases of pig-related disease discovered

A report from the ministry’s infectious disease surveillance system showed that in the first months of this year, a number of Streptococcus infections were recorded across the nation.

Weeks-long queues for inspection leave travel businesses in limbo

The situation has not only cost the business time and human resources, but also significant financial damage.

World Bank forecasts Vietnam’s 2023 growth at 6.3%

Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank's latest report.

Metal Age relics unearthed at Hanoi’s Dong Dau hill

A large number of artifacts dating back about 3,000 - 3,800 years belonging to the Metal Age have been unearthed during excavations at Dong Dau hill relic site in Hanoi’s Ba Vi outlying district, the Museum of Hanoi announced on March 13.

Vietnamese village named among world’s best tourism villages

Thai Hai reserve area in Thai Nguyen province, was named as one of the 32 Best Tourism Villages 2022 by the UN World Tourism Organisation (UNWTO), during a ceremony held on March 12 in Saudi Arabia.

Warning given to former Minister-Chairman of Government Office

Deputy Prime Minister Tran Luu Quang has signed a decision to impose a disciplinary measure of warning on Mai Tien Dung.

Norway funds Vietnam’s hybrid rice farming for climate change adaptation

The Can Tho University in collaboration with the Global Crop Diversity Trust held a seminar in the Mekong Delta city of Can Tho on March 13 to discuss biodiversity for opportunities, livelihoods and development in Vietnam.

Gov’t removes roadblocks for real estate market, firms expect drastic action

The Government's latest real estate legislation went into effect on March 11 aiming to reinvigorate the sluggish realty market, which has been mired in a severe imbalance of supply and demand.

Vietnam advised to diversify markets as China expands dragon fruit growing area

With dragon fruit growing areas increasing rapidly, China has become nearly self-sufficient in the fruit. This poses a great challenge to Vietnam, a major dragon fruit producer which targets China as the major market.

Embroidering in a royal tradition

Dong Cuu Village lies on the bank of the Nhue Giang River in Hanoi's suburban Thuong Tin District, and has been long famed for its traditional embroidery.

Risk of being stuck in middle-income trap

Economists believe the period from now to 2045 is the optimal time when Vietnam can find important opportunities to develop the economy. If it cannot create "magic growth" during that time, it will not be able to escape the middle-income trap.

Binh Dinh’s pumpkin soup for soul

In the coastal martial province of Binh Dinh, diners can enjoy pumpkin soup with coconut milk, a traditional yet nutritious soup.

Inbound tourism requires quick response

Many people believe that Vietnam’s tourism industry should make further efforts to draw international tourists from markets such as India, Australia and Southeast Asia.

Japanese rehab technician volunteers to help Vietnamese patients

Kawamura Hiroaki, a Japanese rehabilitation technician at Quang Tri General Hospital in Quang Tri Province, helped an old patient prepare for her physical therapy practice.

Is ChatGPT transforming the education landscape?

While AI is only in its infancy, it is evident that software like ChatGPT is already revolutionising education and training.

Co Tu people get rich from precious medicinal plants

Mr. Le Anh Tu not only earns hundreds of millions of VND annually, but also helps many Co Tu people in Hoa Bac commune in Hoa Vang district, Da Nang city earn high income from a medicinal plant call che day (Ampelopsis cantoniensis).

For a greener, cleaner Hoi An

Despite being a small city and hard hit by climate change, Hoi An is famed nationally and internationally as a tourist attraction.