VIETNAM BUSINESS NEWS NOVEMBER 29

EVN's losses estimated at VND31.3 trillion in 2022

Co la, the food tray that demonstrates Muong ethnic culture in Hoa Binh

For Muong ethnic people, especially those living in Hoa Binh Province, cỗ lá (literally means a food tray displaying several dishes) is more than just a popular food.

Experts call for Hanoi to become a 'creative city'

Cultural industry development is a new issue, and Hanoi does not have much experience promoting its potential advantages.

Apple jumps to second highest seller of smartphones in Vietnam for first time

iPhone accounted for 20.5 percent of market share in Vietnam in October 2022, according to GfK.

Credit concerns affecting Vietnamese stocks should ease soon: VinaCapital

The demand for new housing units in Vietnam is still strong and prices are still affordable, and so the prices of real estate stocks are likely to recover if and when the Government takes action to ease credit conditions.

Fuel prices soar, EVN faces huge losses

Due to the global rise of coal, oil and gas prices, EVN’s electricity production costs and purchase costs have increased sharply. The group may incur losses of up to VND64.8 trillion in 2022.

Banks gain big profits from forex trading

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.

National Sports Games to take part in December

The 2022 National Sports Games (NSG) will be held in Quang Ninh Province from December 9-21.

Vietnam lures over $25 billion in foreign investment in 11 months

Despite a decline of 18 per cent in newly registered capital to $11.5 billion, foreign capital disbursement saw a positive increase of 15 per cent to reach $19.68 billion in the January - November period.

India - new market for VN tourism

According to the World Tourism Organization, Indians spent $22.9 billion traveling abroad in 2019 and the figure was estimated to reach $42 billion by 2024, $45 billion by 2025 and about $91 billion by 2030.

Without career guidance, students drop out in first, second academic years

Without appropriate career guidance when choosing a major in a university, many students have studied the wrong majors so and dropped out after the first year because they chose an unsuitable study program.

Three factors keep Vietnam’s economy humming along

Infrastructure investment, trade environment and competitive wages are three factors that keep Vietnam’s economy humming along and its growth numbers positive, according to an article published on the vietnam-briefing.com.

Hanoi Tourism Ao Dai Festival 2022 underway next week

The Hanoi Ao Dai Festival 2022 will take place around Hoan Kiem Lake pedestrian street from December 2-4.

Minister of Transport issues warning to managers of delayed projects

If transport projects do not proceed on schedule, managers need to prepare to resign, Transport Minister Nguyen Van Thang has said.

Vietnam promoting zero-emission economy

The Vietnamese Government is prioritizing climate change responses, green economy, sustainable development in its action programs. Therefore, businesses are advised to adapt to these concepts for their own growth.

VN businesses promote int’l fundraising amid domestic tightened policy

Many Vietnamese businesses have boosted foreign fundraising to cope with their capital shortage amid the country's tightened monetary policy.

Dried persimmon season in Da Lat attracts visitors

Many gardeners in Da Lat in Lam Dong Province hang ripe persimmons according to a Japanese drying method. In addition to selling the dried persimmons, they allow visitors to tour their persimmon gardens.

Multiple branches discovered in Dak Nong volcanic cave

Another 175 metres of branch-worked caves have just been found in Southeast Asia's longest volcanic cave, Cave C7, in the central highlands province of Dak Nong.

Over 98% of residents in Ho Chi Minh City carry COVID-19 antibodies

More than 98% residents of Ho Chi Minh City – the most populous locality in Vietnam - now possess COVID-19 antibodies, according to a survey announced by the municipal Health Department on November 28.

'Fantastic' Huyen Khong Cave in Da Nang

Located in the tourist complex of the Marble Mountains, Huyen Khong is one of the most beautiful and spiritual places in the central city of Da Nang.

VN ready to become a semiconductor manufacturer

The global chip race is heating up, and Viet Nam should be able to raise its position on the global semiconductor manufacturing map as some leading corporations are investing in chip production in the country, local economists said.

Chess master overcomes visual impairment to top region

Nguyen Thi Hong with visual impairment has done a great job, winning chess golds at the recent Southeast Asian ParaGames in Indonesia and being nominated to be one of the year's best athletes in 2022.

Tales of Hanoi Streets: Luong Van Can

The long narrow Luong Van Can Street has long been known as one of special historical-cultural significance to all Hanoians.

Library of antique books and newspapers for Hanoi lovers

Visiting the unique library, Hanoi aficionados can discover a myriad of fascinating stories revolving around historic landmarks and upheavals in Hanoi through different periods.

Vietnam proposes EC early remove yellow card on fisheries

Prime Minister Pham Minh Chinh suggested the European Commission (EC) early remove the “yellow card” warning