Tourism businesses struggle to get cut-rate loans

Struggling tourism businesses in HCM City are in dire need of credit to recover but are finding it very difficult to access the subsidised loans under the Government’s Decree 31 that took effect in May, according to the city's Department of Tourism.

VIETNAM BUSINESS NEWS AUGUST 19

Ministry of Finance seeks to drop fuel price stabilization fund

Vietnam to tighten management, increase supervision to prevent tax loss

Nowadays online shopping becomes more popular than in-store shopping and more people have taken take full advantage of social networking platforms to put an ad on social network platforms about their products.

Foreign firms required to store users' data in Vietnam

Foreign firms shall be required to store users' data within Vietnamese territory and set up local offices, according to the Government's Decree No. 53/2022/ND-CP scheduled to take place from October 1, 2022.

40 Vietnamese people flee Cambodia's casino

Long Binh Border Gate Station in the southern province of An Giang has just detained 40 Vietnamese people who illegally entered the country by a local river.

Vietnam’s corporate bond market hits over US$11.2 bln in seven months

Vietnamese enterprises issued bonds worth a total ofVND262.25 trillion (more than US$11.2 billion) over the first seven months of 2022, a year-on-year decrease of 10.9 percent, announced the Ministry of Finance.

Foreign traveler suggests 10 most unique Vietnamese cities

Canadian freelance writer Matthew Pike, who departed his homeland to settle in Vietnam, has listed the 10 most unique Vietnamese cities for travelers to visit.

Estate businesses face capital deadlock

To solve the problem of lacking capital, real estate businesses must change to suit the situation. They must focus on the capital market (issuing corporate bonds, stocks).

Thao aims to be first Vietnam's IBA champion

Tran Van Thao hopes to reach another milestone in his career and national boxing by winning the International Boxing Association (IBA) belt next month in HCM City.

VN representative to introduce image of Saint Giong at Man of The Year 2022 contest

Nguyen Minh Khac, Vietnam’s contestant at The Man Of The Year 2022 pageant, disclosed his national costume for the contest on August 17.

A 'miracle' for Vietnam to catch up with Thailand and Malaysia

In 2030, the income of Vietnamese is expected to be equal to that of Malaysia in 2007. Experts calculate that if Vietnam tries its best, it can catch up with Thailand and Malaysia, but it will still be far behind China and South Korea.

Vietnam’s chess star Le Quang Liem defeats World Cup champion for second time

Vietnam’s top chess player Le Quang Liem defeated World Cup champion Jan-Krzysztof Duda of Poland at the FTX Crypto Cup 2022 in Miami, Florida UAS on August 18.

FLC names new vice president to replace Dang Tat Thang

The Board of Directors of FLC Group has approved the resignation of Vice Chairman Dang Tat Thang and elected Mr. Doan Huu Doan to replace Mr. Thang as of August 17.

HCM City to host Vietnam-Taiwan textile-garment industry show

A Vietnam-Taiwan textile and garment industry exhibition will open on August 23 in Ho Chi Minh City.

Vietnam ranks 7th worldwide in tea production

Vietnam is now ranked 7th and 5th worldwide in terms of tea production and exports, respectively.

Hotel market in Vietnam to grow by US$2.12 bln in 2021-2026

The hotel market in Viet Nam is expected to grow by US$2.12 billion during 2021-2026, progressing at a compound annual growth rate (CAGR) of 14.43 percent in the forecast period.

Gov't Office's staff arrested in repatriation flight bribery case

The Investigation Security Agency under the Ministry of Public Security on August 18 arrested Nguyen Tien Than, an official at the Government Office’s department of international relations, to investigate the act of “taking bribes”.

Ten Vietnamese named among world's best scientists

Ten Vietnamese working in the country have been listed among the world's best scientists by research.com, a reputable scientist ranking website.

Exquisite miniature books prove small is beautiful

In times past, miniature books were produced for personal convenience because they could easily be carried in a waistcoat pocket or a woman’s purse.

Public sector seeks to retain talent amid wave of worker resignations

“I gave up!”, said a medical worker who just quit his job at a public clinic in Thu Duc City.

Hoi mat craft village: home of Vietnamese mat weaving

For a long time, the sedge mats of Hoi Village in Tan Le Commune, Hung Ha District in Thai Binh have been a typical product of the Red River Delta province.

Swedish artist makes music with inspiration from Vietnamese epic

Swedish singer-songwriter Tamela Hedstrom said she was surprised when director Le Quy Duong told her he wanted to collaborate with her on a song inspired by the classic epic Lục Vân Tiên.

More British investors look at Vietnam to cash in on free trade agreements

Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements (FTAs) that Vietnam has signed with the UK and other economies worldwide.

Stair climbing race to kick off in HCM City in Oct

Vietnam’s long-running stair climbing race, or the “HCMC Skyrun”, will be held at the Bitexco Financial Tower in HCM City on October 30.

Operation of ETC systems in Vietnam still encountering trouble

After a fortnight launching the non-stop Electronic Toll Collection (ETC) systems on expressways and highways, it seems the operation of these systems is still not as smooth as expected due to problems from ETC card installation, money deposit