Solar power projects’ fate unclear as regulations remain undecided

The Ministry of Industry and Trade (MOIT) has submitted to the Prime Minister a plan on implementing the eighth power development plan (Plan 8) for approval. However, the plan doesn’t contain a list of solar power projects that have found investors.

HCMC revs up tourism with map 3D/360

HCMC’s tourism sector is embracing digital transformation with innovative solutions like the Smart Interactive Tourism Map 3D/360.

Mechanism proposed to remove hindrances to offshore LNG and wind power projects

The Electricity and Renewable Energy Authority has been tasked with drafting a report for the National Assembly, seeking guidance on removing impediments to the implementation of offshore liquefied natural gas (LNG) and wind power projects.

VIETNAM BUSINESS NEWS DECEMBER 24/2023

Bank credit growth improves in HCM City

Timber exports seen declining 15.5% this year

Vietnam’s timber industry is expected to see a 15.5% year-on-year drop in exports, totaling US$13.5 billion, according to the Vietnam Timber and Forest Product Association (Viforest).

Phishing attacks on IT systems rise sharply

Of the 11,428 cyberattacks on information systems in Vietnam so far this year, there were 10,283 phishing attacks, accounting for 89.9 percent, or 6,300 attacks more than the same period last year.

Vietnam to have good preparation for 2024 Futsal Asian Cup

Local players will have the chance to sharpen their skills while facing off against strong rivals from Thailand and Malaysia at the Ho Chi Minh City open futsal tournament LS Cup from December 23 to December 29 ahead of the 2024 Futsal Asian Cup.

VIETNAM NEWS HEADLINES DECEMBER 24/2023

HCM City prepares for surge in travel demand during New Year holiday

Market of nutritional supplements chaotic

Currently, the market of nutritional supplements is very developed but also extremely chaotic as shop assistants boated about the usage of their products.

Vietnamese increasingly valuing smartwatches

With more and more Vietnamese practicing jogging to improve their health, smartwatches that support physical exercise are increasingly being favored in Vietnam.

Regulatory measures needed to address internal migration challenges in VN

Since 2000, the number of internal migrants has grown along with the economic development and the shift in economic structure, from agriculture to industries and services.

Construction Ministry divests from large corporations

Under an equitization plan for 2022-2025, the Ministry of Construction (MOC) will divest from large corporations, including HUD, Coma and Lilama, but will still hold 100 percent of the capital of Vicem, the cement manufacturer.

Best museums in Hanoi

The capital is blessed with numerous museums that are the best places to learn and fully understand the country. Vietnamese Women’s Museum and Vietnam Military History Museum are among the most highly recommended by travel sites and local guides.

‘Bumper harvest’ of digital data reported

2023, the year of national digital data, has successfully ended with the fulfillment of tasks planned for the year, especially improvement in digital data at state agencies.

HCMC collects US$156 million in seaport infrastructure fees within 20 months

VND3,797 billion (US$156 million) in seaport infrastructure fees was collected within 20 months, said the Department of Transport of Ho Chi Minh City.

Vietnam promotes development of green industrial parks

Many localities in Vietnam have promoted converting traditional industrial parks to eco-industrial parks and also developed new green industrial parks.

PM urges strengthening of credit growth management

Prime Minister Pham Minh Chinh has written to three government ministers telling them to strengthen credit growth management in a way that helps fuel economic growth.

Strong effort, huge investment to lift national sport development

Athletes did not have enough international intensive training courses due to funding problems while the domestic competition system was ineffective.

The meticulousness process to make Trang Bang dew-soaked rice paper

Located in the south of the southern province of Tay Ninh, Trang Bang Town is famous for several local specialties.

5,000 people take part in firefighting, rescue drill

More than 5,000 firefighters and people playacting as victims and 200 vehicles participated in a firefighting and rescue drill at the Bến Thành underground metro station in HCM City on Saturday.

EU Christmas market held in Ho Chi Minh City for first time

Various fun-filled activities and workshops were put on at the EU Christmas market, the first of its kind held in Ho Chi Minh City on December 23.

Local model to vie for Mister Grand International 2023

Model Nguyen Hoang Tung is set to represent the nation to compete in the Mister Grand International (MGI) 2023 pageant which is scheduled to take place in Spain in January, 2024.

Vietnamese beauty wins runner-up title at Miss Earth 2023

Do Thi Lan Anh, the Vietnamese representative at the Miss Earth 2023 pageant, was honoured with the Miss Earth Water title, equal to a runner-up, in the grand final held on December 22 in Ho Chi Minh City.

PM visits northern region's first semiconductor chip factory in Bac Giang

Prime Minister Pham Minh Chinh on December 23 visited Hana Micron Vina Ltd., a company invested by the Republic of Korea (RoK) and the first semiconductor chip manufacturer in the northern region.

Ho Chi Minh City International Music Festival opens

The Ho Chi Minh City International Music Festival, known as HOZO, opened on December 22 at Nguyen Hue pedestrian street in Ho Chi Minh City’s District 1.