E-tickets expected to slash Hanoi bus jobs

Around 4,000 bus employees are likely to lose their jobs in the coming time when Hanoi expands the use of e-tickets.

South Korea top place for Vietnamese illegal workers

Over 10,000 Vietnamese have illegally remained in South Korea according to the Ministry of Labour, Invalids and Social Affairs (MoLISA) said.

PM proposes kick-starting FTA negotiations with Turkey

Prime Minister Pham Minh Chinh expected that Turkey would consider kicks-starting negotiations on a free trade agreement (FTA) with Vietnam to help boost trade cooperation between the two countries.

National Assembly wraps up year-end session

The sixth session of the 15th National Assembly concluded in Hanoi on November 29 after 22 and a half days of sitting.

Foreign arrivals to exceed 11 million over 11 months

Vietnam welcomed more than 11.2 million foreign visitors during the 11-month period of the year, equivalent to 68.9% of the pre-pandemic levels, according to statistics released by the Ministry of Culture, Sports and Tourism.

Mekong Delta to develop 1mil. hectares of low-carbon rice production by 2030

The central Government has set a target for the Mekong Delta to establish one million hectares of high-quality, low-carbon rice production by the year 2030 in a decision signed on Monday by Deputy Prime Minister Trần Lưu Quang.

40 hotels in Nha Trang to face penalties for violating construction regulations

Nearly 40 hotels in Nha Trang city in the south-central province of Khánh Hóa are facing strict penalties for violating construction regulations.

November’s CPI grows 3.45%

The consumer price index (CPI) for November has gone up by 0.25% compared to the previous month and 3.45% to the same period last year, announced the General Statistics Office (GSO) on November 29.

Vietnam's trade surplus at 22.44 billion USD in 11 months

Vietnam enjoyed a trade surplus of 24.44 billion USD as of November 15 this year, according to data released by the General Statistics Office (GSO).

Vietnam finishes first at Da Nang international chef competition

A Vietnamese representative won first prize at the Catrion ‘Jet Setters Platte’ international chef competition which took place as part of the Asia Pacific Onboard Travel (APOT) Forum 2023 from November 26 to 28 in Da Nang.

New cold air wave to hit North, temperatures to drop sharply

The northern region of Vietnam is poised to brace itself for a new wave of increased cold air that will cause temperatures to fall to between 11 and 16 degrees Celsius.

Revised Land Law postponement discourages realtors

Realtors who expected the draft Land Law to be approved on November 29 at the ongoing National Assembly session are disappointed because the vote has been rescheduled.

VNPAY named among Top 40 Best Places to work in Vietnam

VNPAY beat many candidates to become one of the Top 40 Best Places to Work in Vietnam for Large Enterprises in 2023.

Social network users respond enthusiastically to anti-fake news campaign

Hundreds of entries and hundreds of millions of views on social platforms have been reported, which indicates support brought by the ‘Tin’ (News) campaign to the community.

VIETNAM BUSINESS NEWS NOVEMBER 29/2023

State bank asked to ensure sufficient credit supply

Foreign media praises Vietnam for distinct culinary profile

The nation has a distinct culinary profile that is not just grounded in its 1,000-year-old history, but has also been adapted to changing times to ultimately present an interesting fusion of cultures, according to Your Story website.

New businesses still on the rise in November

As many as 14,267 new businesses with a total registered capital of almost 153.6 trillion VND (6.3 billion USD) were established in November, respectively rising 19.5% and 47% year on year.

PM’s COP28 attendance opens up chances for stronger Vietnam-UAE cooperation

The visit by Prime Minister Pham Minh Chinh to the United Arab Emirates (UAE) from December 1 to 3 to attend the 28th UN Climate Change Conference of the Parties (COP28).

Mu Cang Chai women connect combine development with preserving cultural identity

Mu Cang Chai district is home to many ethnic minorities, of which the Mong people account for more than 90% of the population. The Mong people have the habit of settling in mountainous areas from 800 - 1500m high with many unique cultural features.

Lo Lo Chai Village applies technology in tourism development

People in Lo Lo Chai have applied information technology to promote their local tourism products, for example through platforms like Zalo, Facebook, TikTok, Youtube...

VIETNAM NEWS HEADLINES NOVEMBER 29/2023

President Vo Van Thuong hosts leaders of Japanese parties, parliamentarians

Lawmakers endorse global minimum tax rules, starting in 2024

With more than 93% of votes in favour, the National Assembly approved a resolution on applying additional corporate income tax in line with the Global Anti-Base Erosion Rules (global minimum tax), due to take effect as of January 1, 2024.

UNESCO supports Vietnam in developing vision, strategy for social sciences

The Vietnam Academy of Social Sciences (VASS) and the Vietnam National Commission for UNESCO on November 28 organised a capacity building workshop on developing vision and strategy for social sciences from UNESCO’s view.

Food delivery firm leaves Vietnam after repeated losses

Baemin, a well-known South Korean food-delivery app, will shut down in Vietnam on December 8 after four months of impressive operation.

Da Nang retailers give back premises, new investors reconsider business plans

Many shops on the busiest streets in Da Nang, including Nguyen Van Linh, Hoang Dieu, Phan Chau Trinh, Le Duan and Hoang Hoa Tham, were closed as of November 23. Signs and banners with ads for rent could be seen over entrance doors.