Vietnam, Russia agree to bolster closer partnership during Hanoi talks

Vietnamese Foreign Minister Bui Thanh Son held talks with his Russian counterpart Sergei Lavrov in Hanoi on July, affirming Russia is one of the most important partners in Vietnam’s foreign policy.

T’Nung – A beautiful lake in Highlands

Aside from its vast forests, mountain ranges and the hospitality of the local people, Pleiku City in the Central Highlands province of Gia Lai is also home to one of Vietnam’s most beautiful lakes, the T’Nung Lake.

Hanoi to build $4.2mln road tunnel in Hoan Kiem District

The Hanoi People's Committee has approved the feasibility study report of an investment project to build a road tunnel for both pedestrians and vehicles in the historic downtown district of Hoan Kiem to improve traffic flow

Vietnam eyes stock market’s upgrade to emerging status before 2025

The ministry has been in frequent contact with both MSCI and FTSE Russell to update new information and their requirements to finalize the legal framework or address shortcomings in the market.

Young people reduce spending amid escalating prices

Cutting spending on eating out and going to cafés, restricting travel and spending less money on beauty services are all being done now to weather the price storm in Vietnam.

Real estate market stalls as cash flow slows

A number of realtors have reduced investments because of both legal problems and cash flow depletion, depriving people of opportunities to own accommodations, but also threatening economic recovery in post-Covid period.

Strange 'offerings' of high-school students pray for good luck for graduation exams

Some 12th graders in Hanoi brought "offerings" such as light bulbs, ballpoint pens and paper with their names, addresses, and exam registration numbers to the Temple of Literature to pray for good luck for the upcoming high school graduation exam.

VIETNAM NEWS HEADLINES JULY 6

International searches for Vietnamese tourism up 1,125% in June

Russian Foreign Minister pays tribute to President Ho Chi Minh

Russian Foreign Minister Sergei Lavrov began his visit to Vietnam on July 6. He laid flowers and paid tribute to President Ho Chi Minh at the mausoleum in Hanoi.

HCM City hosts first Corgi dog race

A one-and-a-half-year-old Corgi named 'Cat' beat 70 other canines to win the championship at the inaugural Corgi Marathon Vietnam 2022.

VIETNAM BUSINESS NEWS JULY 6

Vietnam boosts export of high-quality rice

Professor Trinh Xuan Thuan wins the 2022 Grand Prix de la Francophonie

The Vietnamese American astrophysicist has been internationally recognized for his research in extragalactic astronomy.

Vietnam to sell seedless lychee for commerce

After three years of planting 500 seedless lychee trees on a trial basis, some trees have given fruit and are expected to be commercially available in 2023.

Special features of Vietnam’s new passport

On July 1, the Ministry of Public Security of Vietnam issued a new model for ordinary passports for Vietnamese citizens at home and abroad.

Two casino projects proposed in Da Nang, Khanh Hoa

Investors have asked for permission to establish a casino in the Sun World Ba Na Hills tourist area (Da Nang city) and another in the Hon Tre island service, tourism and entertainment areas (Khanh Hoa province).

Prices for some iPhone models in Vietnam are the lowest worldwide

The prices for iPhone 11 and iPhone 12 models in Vietnam are among the lowest in the world.

VN needs regulations of digital, virtual assets

Vietnam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights.

Deputy Minister says artists Hong Dang, Ho Hoai Anh still out on bail

Deputy Minister of Culture, Sports and Tourism Ta Quang Dong said that actor Hong Dang and musician Ho Hoai Anh are still out on bail. The two men have not been prosecuted, are waiting to see a judge, and have a lawyer to handle legal issues.

Nearly 10,000 health workers quit jobs

Vietnam saw close to 10,000 health workers quitting their jobs from the start of 2021 to June this year, with the highest resignation rates reported in HCMC, Hanoi, Dong Nai, Binh Duong, An Giang and Danang.

Finance Ministry considers reducing taxes on petrol products

Deputy Minister of Finance Nguyen Duc Chi said the ministry is considering proposing tax cuts on petrol in order to curb price increases.

Vietnam’s woodwork exports increase over 20 consecutive years

Despite the pandemic and global political upheaval, which has hit supply chains, a scarce supply of raw materials and rising logistics costs, Vietnam's export turnover of wood and wood products has still increased.

Implications of Central Bank Digital Currency in Vietnam

A survey by the Bank for International Settlements (BIS) published in May states that there are currently 81 countries participating in Central Bank Digital Currency research and development (CBDC), compared to only eight countries before 2017.

Most Vietnamese need about 12 years of savings to buy a car

With the average income per capita of VND4.25 million a month in 2020, Vietnamese people would have to save money for 12 years to buy a car worth VND600 million (US$30,000).

Flexible adjustment needed in growth economy

The economy continues to face new uncertainties, even after the first half year into the program on socio-economic recovery and development.

Samsung downsizes production: global concerns, warning for Vietnam

Samsung scaling down of production in Vietnam shows signs of a global growth slowdown. If a recession occurs, this will affect Vietnam’s economy in the second half of the year.