Vietnam News Headlines July 12/2024

National Assembly to pass 11 bills at year-end session

President To Lam meets Lao PM Sonexay Siphandone

Vietnamese President To Lam met with Lao Prime Minister Sonexay Siphandone in Vientiane on July 11 as part of his ongoing State visit to Laos.

Vietnam Business News July 12/2024

Vietnamese economy recovers rapidly thanks to drastic actions: IMF expert

New VR experience offered to visitors to Hue Imperial Citadel

The Hue Monuments Conservation Centre, in collaboration with IV COM Joint Stock Company, on July 11 launched a new virtual reality (VR) experience for tourists visiting the Hue Imperial Citadel in the central province of Thua Thien-Hue.

Quality of administrative procedure settlement systems announced

The Ministry of Information and Communications (MIC) on July 11 announced the quality evaluation system for information systems handling administrative procedures at the ministry and provincial levels for 2024.

Steel manufacturers incur big losses, but see bright prospects

The total amount of losses that Formosa Ha Tinh incurred in the last two years equalled its big profits in 2021, the most profitable year in the history of the local steel industry. But positive signs have also appeared.

Vietnam remains important investment destination in medium, long terms: MPI

In foreign investors' eyes, Vietnam remains an important investment destination in the medium and long terms amidst the ongoing global supply chain restructuring, according to the Ministry of Planning and Investment (MPI).

First liver transplant for a child with rare Budd-Chiari Syndrome

Children's Hospital No.2 in Ho Chi Minh City has recently performed a liver transplant for a three-year-old child with Budd-Chiari syndrome, a rare vascular disorder occurring in only 1 in 1,000,000 people.

Vietnam shows a strong determination to shift towards EVs

Vietnam is highly committed to transforming towards green practices across various industries, including the car industry.

Vietnam Olympics team announced, ready to head to Paris

The Ministry of Culture, Sports and Tourism officially announced the Vietnam Olympics Team which will compete in the 2024 Paris Olympics later this month.

Hoang Duc's domestic preference: A setback for Vietnamese football?

Recent rumors suggested that Vietnamese football star Hoang Duc had attracted interest from several clubs in the Thai League and especially the J-League.

99-year-old and 90-year-old sisters' heartfelt conversation captivates millions

A video capturing a 99-year-old woman visiting her 90-year-old sister has recently gone viral, evoking strong emotions among viewers.

AI to transform Vietnam's digital economy, reaching $220 billion by 2030

Vietnam's digital economy is forecast to grow elevenfold, reaching US$220 billion by 2030, with artificial intelligence (AI) playing a significant role in this expansion.

Women have fewer babies, HCM City’s birth rate on decline

HCM City has been listed among the 21 cities and provinces with the lowest fertility rates in Vietnam.

Vietnam's digital transformation progress applauded by global experts

Vietnam is making significant strides in its national digital transformation journey, but two experts from Cisco have emphasized the critical importance of closing the skills gap.

MIC vows to have mobile broadband coverage on all highways, industrial zones

The Ministry of Information and Communications (MIC) has released a plan on improving Vietnam’s mobile network quality by 2025, which aims to deploy 5G commercialization.

Vietnam’s spice king: Cholimex Food’s stock value skyrockets

A low-profile giant in the spice industry now holds one of the highest stock prices in Vietnam, second only to VNZ. This company supplies chili sauce and spices to major brands like Pizza Hut, Popeyes, Domino's, and Jollibee.

Vietnam sees surge in mobile money adoption with 8.8 million users

By the end of May 2024, the number of Mobile Money users in Vietnam surpassed 8.8 million, marking a 3.3% increase from the previous month. Notably, nearly 280,000 points now accept Mobile Money as a payment method.

Father brings daughter to his junior-college graduation ceremony

Nguyen Van Thuan, 23, a graduate of Dong Nai Medical Junior College, walked to the stage at his graduation ceremony holding his 2-year-old daughter to receive his diploma earned with Distinction on July 5.

Tourists flock to Hai Phong's 'Infinite Sea' for sunrise magic

Between 4 and 5am, the sandbank at this location is covered by a shallow layer of water, resembling a giant mirror that reflects the sky and surroundings. Visitors have whimsically named it the "infinite sea."

Meteorologists predict heavy rain and storms in Northern Vietnam

From July 13-14, the heatwave in northern Vietnam is expected to end as thunderstorms and heavy rains are forecasted. In August, the East Sea might experience 1-2 storms or tropical depressions.

Diphtheria vaccine shortage in HCMC as demand skyrockets after recent death

The Pasteur Institute of HCM City is seeing a surge in vaccination demand, with crowds 7-10 times larger than usual, as many people seek vaccinations following a diphtheria-related death in Nghe An province.

Ha Long investigates accommodation scams after tourist complaint

On July 11, the People's Committee of Ha Long City, Quang Ninh, directed relevant authorities to investigate and strictly handle cases of fraudulent accommodation rentals after a Vietnamese American tourist reported being scammed.

Famous singer criticized for taking photos on ancient roof in Hoi An

On July 11, the People's Committee of Hoi An City (Quang Nam province) announced that it is investigating images of singer Duc Tuan standing on the roof of a historic building in the ancient town of Hoi An, which have caused public outrage.

Rapid aging: 12.05% of Ho Chi Minh City's population over 60

Ho Chi Minh City is experiencing rapid population aging due to low birth and death rates combined with increasing life expectancy. Currently, individuals over 60 years old make up 12.05% of the city's population.