Vietnam's consumer price index up 3.15% in 2022

Vietnam recorded year-on-year growth of 3.15% in the 2022 consumer price index (CPI) while core inflation increased 2.59%, the General Statistics Office (GSO) said on December 29.

Work starts on HCM City’s second book street in Thu Duc City

Thu Duc City in HCM City and the Vietnam Publishers Association on Wednesday commenced the building of Thu Duc City Book Street.

Japanese director stages 'King Lear' in Vietnam

King Lear, the classic tragedy of playwright William Shakespeare, will be staged by Le Ngoc Theatre in collaboration with Japanese director Tsuyoshi Sugiyama.

Asia’s biggest recycled art launched in Danang

Biere Larue has introduced an Installation Art Display called “Breaking Dawn” in Danang City, which won the first Asia Record of Recycled Art.

Saigon hi-tech park earns 23 billion USD from exports

The Saigon Hi-Tech Park (SHTP), home to 162 projects worth over 12 billion USD, obtained 23 billion USD from exports in 2022.

Vietnam’s GDP expands by 8,02% in 2022

Vietnam’s GDP growth reaches 8.02% this year, a record high in the 2011-2022 period as the economy is recovering strongly, General Director of the General Statistics Office (GSO) Nguyen Thi Huong told a press conference in Hanoi on December 29.

Young generations keep building Vietnamese spirit

As a son of an army officer, Hoang Nam Tien, President of FPT Telecom, together with the young generation of FPT, are writing their story in peacetime, one about conquering the world with Vietnamese wisdom.

What are the scenarios for the real estate market in 2023?

After Prime Minister Pham Minh Chinh gave instructions about stabilizing the real estate market, realtors felt more confident that they can overcome challenges, according to deputy chair of the Vietnam Real Estate Association Nguyen Van Dinh.

Humanity, accuracy and objectivity are the core values of journalism

Deputy Minister of Information and Communications Nguyen Thanh Lam said humanity, accuracy and objectivity are the core values of journalism and the reasons for journalism to exist.

More parking lots needed in inner cities

There is not enough land for parking lots to meet demand, according to the Ministry of Construction (MOC). The ministry has received complaints from voters in Da Nang City about the lack of car parking lots.

Why does Vietnam attract global tech giants?

Tax incentives, low labour costs, along with plenty of other favourable policies can be considered the primary reasons why a number of global technology giants have chosen Vietnam as their base for production.

Experts call for review of EVFTA to build on positive results

Since the EVFTA came into effect on August 1, 2020, Vietnam's two-way trade turnover has achieved impressive growth, despite the severe impact of the COVID-19 pandemic, logistics and supply chain crisis, and geopolitical fluctuations.

The 'machines' that take water to the fields in Thanh Hoa

An effective tool in agricultural production, the waterwheel that takes water to the fields, has become a feature of Thanh Hoa province.

Conquer the Tay Giang Mountain Marathon to celebrate New Year

The tournament, limited to 250 runners, is the latest mountain race announced in the country.

Vietnam internet providers have backup plan as undersea cables still face problems

Three undersea fiber optic cable routes - APG, AAG and AAE-1 - connecting Vietnam to the world have continued to encounter errors. Local internet providers have come up with solutions to provide uninterrupted service.

Real estate absorbs over 4.4 billion USD in FDI

Foreign direct investment (FDI) in real estate topped 4.4 billion USD as of December 20, accounting for over 16% of the total FDI capital registered in Vietnam, and up 1.8 billion USD year-on-year.

VIETNAM BUSINESS NEWS DECEMBER 28

PM asks banking sector to ensure legitimate interests of people, businesses

Vietnam’s outbound investment reaches US$534 million in 2022

Vietnamese businesses poured nearly US$534 million into their projects abroad in 2022, a sharp increase over last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Hanoi's first ever literature tour launched

The visit takes place in the Vietnam Literature Museum, which covers an area of around 3,000sq.m and features displays of more than 3,454 artefacts representing the quintessence of Vietnamese literature.

VIETNAM NEWS HEADLINES DECEMBER 28

Milestones of Vietnam’s joining of peacekeeping operations hailed

MIC to stop websites acting like newspapers

In 2022, the number of licensed news websites and social networks decreased by 10-30 percent compared with 2021.

Auto inspection centers to be probed nationwide

An interdisciplinary team led by the leader of Vietnam Register will inspect the overall operations of auto registration centers in the country from January 1 to December 31, 2023.

Finance Ministry to strengthen the capital market

Besides amending and supplementing the decree on offering and trading private placement corporate bonds in the domestic and foreign markets, the ministry will also review the Law on Securities and the Law on Enterprises.

Fees charged for recycling to take effect in 2024

High fees charged for recycling would provide an incentive for manufacturers to re-design their products and packages in a more environmentally-friendly way.

Snow covers Fansipan Mountain peak today

Heavy snow fell early on December 28 morning when the temperature dropped below zero, blanketing Fansipan Mountain peak and a large area down the mountain.