VIETNAM BUSINESS NEWS DECEMBER 21/2023

National Innovation Centre runs on ABB smart building technology

Stock market expects growth in 2024 with lower interest rates

Vietnam’s stock market poised for growth in 2024 supported by lower interest rates and improved business performance.

Vietnamese beauty makes Top 12 Best National Costume at Miss Earth 2023

Local representative Do Thi Lan Anh is among the Top 12 finalists in the Best National Costume sub-contest at the Miss Earth 2023 pageant, which is currently underway in Da Lat.

Liem honoured as world blitz champion in FIDE’s history

The World Chess Federation (FIDE) has listed the winners from throughout the history of the world blitz chess championship, including local chess player Le Quang Liem who won a title back in 2013.

Standards and certifications key to VN’s entry into global Halal market

In a bid to awaken Vietnam's dormant potential in the global Halal market, experts emphasized the crucial role of standards and certifications during a symposium held on Wednesday in Hanoi.

VIETNAM NEWS HEADLINES DECEMBER 21/2023

Vietnam makes urgent call for ceasefire, protection of civilians in Gaza Strip

Vietnamese arrivals in Japan set record high in 11 months of 2023

The number of Vietnamese visitors to Japan in the first 11 months of 2023 reached a new record 536,800, surpassing the previous record of 495,051 visitors achieved in 2019, according to statistics of the Japan National Tourism Organisation (JNTO).

HOZO Super Fest 2023 to hit stage in HCMC

The HCMC’s third Ho Do International Music Festival 2023 featuring exciting music performances with the participation of ten international singers and music bands along with 14 Vietnamese artists will ring the New Year from December 22-24.

Rare wildlife captured in Vu Quang National Park through camera traps

Through 85 camera traps in Vu Quang National Park in Ha Tinh Province, 58 rare and endangered wildlife species have been captured, including nine endemic species to the Truong Son Range.

Pressure about oil field depletion lessens, signs of recovery appear

Oil fields in Vietnam are nearing depletion, causing crude oil output to decrease rapidly in recent years. However, the situation is expected to improve as optimistic signs have appeared.

VN-Index returns to threshold of 1,100 points

The market inched higher on Wednesday, with the VN-Index returning to the 1,100-point level.

Inspections on food safety and hygiene in 10 localities during Tet

The inspection plan aims to ensure food safety and hygiene of food commonly used during the lunar New Year.

Regional minimum wage to increase by 6 per cent next year

The National Wage Council on Wednesday gave the green light to lifting the regional minimum wage by 6 per cent next year.

VinFuture Prize 2023 honours 4 scientists

The US$3 million Grand Prize was awarded to four scientists for their inventions that help create a sustainable platform for green energy through production with solar cells and storage with Lithium-ion batteries.

First Franco-Vietnamese female parliamentarian inspires young generation

Young overseas Vietnamese are expected to act as a bridge between Vietnam and France, in the political sphere, and cultural and associative activities.

PM to preside over National Conference on Development of Cultural Industries

The first National Conference on the Development of Cultural Industries will take place on Sunday in both in-person and online formats.

Zalo’s LLM competes with other LLMs

The version of the large language model (LLM) built by Vietnamese Zalo has the ability to answer questions accurately, offering hope for a good LLM model for Vietnamese.

Young female scientists dedicated to neurological, materials sciences

Ha Thi Thanh Huong, 34, a lecturer at the International University (IU), has been named one of the winners of the 2023 Golden Globe Science and Technology Awards.

EVN aims to import wind power from Laos at VND1,700/kwh

Electricity of Vietnam (EVN) has proposed that the Ministry of Industry and Trade (MOIT) submit to the Prime Minister a plan on importing electricity from Truong Son wind power plant in Laos and building more transmission lines to serve the import.

Vietnamese airlines to transport over 80 million passengers next year

The aviation sector is anticipated to enjoy robust growth in passenger transport volume next year, reaching 80.3 million and representing an increase of 7.1% compared to figures from this year.

Dollar billionaire Pham Nhat Vuong’s son appears before the public

Pham Nhat Quan Anh, the son of the Vietnamese first dollar billionaire recognized by Forbes, is deputy CEO of VinFast, a subsidiary of Vingroup specializing in manufacturing electric vehicles (EV).

Reducing health risks in wildlife farms in VN

A two-year joint cooperation project between Germany and VN has been carried out to strengthen the government’s efforts to ensure biosecurity in the many facilities that are farming wild animals.

Seriously injured gymnast needs strong support

The Vietnam Gymnastics Federation is calling for donations to help a teenage athlete who was seriously injured in training.

Ample room remains for cold storage market to grow further: experts

The increasing demand for fresh food and e-commerce is serving as the main driving force of the domestic cold storage market - a niche segment of logistics to boom in the coming time.

Thanh Hoa Province’s Tu Tru thorn leaf cake known nationally

The central province of Thanh Hóa is famous far and wide for not only its nem chua (fermented pork rolls) but also Tứ Trụ thorn leaf cake (locally known as bánh gai) made by cooks in Mía Hamlet.