Vietnamese petroleum export to Laos on the rise

Vietnamese commodities exported to Laos rose 10.4% last year to hit US$656.4 million, of which petroleum exports brought in US$125.4 million, up 439%, according to the Vietnamese Trade Office in Laos.

Airline on-time performance tops 95% in January

The on-time performance (OTP) of Vietnamese airlines stood at 95.3% in January, down 0.9 percentage points from the previous month, while the number of flights increased 15.6%, said the Civil Aviation Authority of Vietnam (CAAV).

Macro-economic stability, inflation control continue to be priority: PM Pham Minh Chinh

Prime Minister Pham Minh Chinh has directed that maintaining macro-economic stability, controlling inflation, propelling growth and ensuring major balances of the economy continue to be priorities in February and coming months.

Vietnam's seafood firms look to second quarter for exports to recover

Despite a downturn in the export of aquatic products in the first month of 2023, local exporters remain optimistic that the market will recover from the second quarter of this year.

Party chief receives 55-year Party membership badge

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong was awarded the 55-year Party membership badge at a ceremony in Hanoi on February 2.

US initiates anti-dumping investigation on Vietnam’s gas-powered pressure washers

The US Department of Commerce (DOC) has announced the commencement of an antidumping and countervailing duty investigation on the import of gas-powered pressure washers from Vietnam, said the Ministry of Industry and Trade (MoIT).

Violations at registration centres an organised corruption case: ministry spokesman

Violations at vehicle registration centres have signalled an organised corruption case, causing severe losses to the society, said Lieut. Gen. To An Xo, spokesman of the Ministry of Public Security on February 2.

Vietnam's export target set at 393-394 billion USD in 2023: Ministry

The Ministry of Industry and Trade plans to set a target of 6% growth in export value this year, considering unpredictable factors that can affect import-export, according to Deputy Minister Do Thang Hai.

Real estate firms optimistic about 2023

Believing that the market will recover in 2023, real estate firms have prepared to grasp the opportunities.

Vietnam's pho the greatest culinary gift to the world

According to Australia’s tourism website traveler.com.au, pho is surely Vietnam's greatest culinary gift to the world.

Realtors expect high profits as more foreign investors flock to Vietnam

Many Vietnamese enterprises have poured money into industrial real estate thanks to the new foreign investment wave.

Son Tay ancient citadel shines with stunning architecture and history

The landmark, covering a total area of 16 ha, not only bears historic value but also attracts increasing attention for its unique architecture.

FDI hoped to help realty market develop sustainably in long term

Vietnam’s real estate sector last year attracted an additional 1.85 billion USD in foreign direct investment (FDI), retaining its second place among industries drawing FDI with combined investment of 4.45 billion USD.

Party chief’s book on fight against corruption and negative phenomena released

A ceremony was held in Hanoi on February 2 to release the book by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong.

Make in Vietnam drives ICT firms into international markets

Global expansion has become a trend in domestic ICT enterprises in recent years.

Schools launch digital-related majors to meet students’ needs

In 2023, many universities have launched new subjects associated with the digital era to meet students’ needs.

Southeast region prepares for new FDI wave

The southeast region is preparing conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region from the beginning of this year.

VIETNAM NEWS HEADLINES FEBRUARY 2/2023

PM chairs monthly teleconference with localities

Experts call for stricter penalties as drink driving soars over Tet

The maximum punishment for car drivers with alcohol concentration levels exceeding 0.4mg per litre of breath, or 80mg in 100 ml of blood, is a fine of VND40 million (US$1,693) and a two-year suspension of their driving licences.

Over 32% of apparel firms remain closed in Hanoi

Nearly a third of textile and garment firms have yet to reopen in Hanoi although the Lunar New Year holiday has ended.

Domestic tourism hits five-year high

Domestic tourism numbers hit 13 million in January, the highest in the last five years, according to the Vietnam National Administration of Tourism.

VIETNAM BUSINESS NEWS FEBRUARY 2/2023

Businesses exporting medicinal herbs to China required to register

Cashless payments on the rise: convenience and security for expats in Vietnam

As digital payment methods surge in popularity, expats in Vietnam are not alone in embracing the change to cashless transactions.

My Dinh Stadium needs money for more upgrading

Having been upgraded with a package worth VND408 billion, My Dinh Stadium is still in poor condition.

Vietnam needs more submarine cables to ensure internet services

Vietnam will need at least two or three more submarine cables to ensure proper internet services for the country's development in the next five years, according to Vu The Binh, Secretary-General of the Vietnam Internet Association.