Painting by late artist fetches high price at French painting auction

“Canard et Lotus” (“Mandarin ducks and lotus”), a painting on silk produced by late artist Le Pho, was sold for EUR1.2 million at an auction sale on November 7 at Sotheby’s Paris in France.

Vietnam Days in France 2023 to get underway in Paris

Vietnam Days in France 2023 will officially open in Paris on November 8 as part of activities being held to mark the occasion of the 50th anniversary since the establishment of diplomatic ties and 10 years of the Vietnam-France strategic partnership.

NA deputies question about measures to attract PPP investment

National Assembly deputies yesterday continued the question and answer session, with queries focusing on two key topics, including measures to attract investment in Public-Private-Partnership projects and wastewater treatment in industrial clusters.

Nearly 200 cases of trade violations have been handled in 2023

Deputies questioned Minister of Industry and Trade Nguyen Hong Dien on the second day of the question and answer session of the sixth Session of the 15th-tenure National Assembly on November 7.

Education top of agenda: Ministry of Finance’s report

The Vietnam Bank of Social Policies has lent VNĐ745 billion ($31 million) to disadvantaged students by September 4, 2022.

Polish conductor to lead concert at Opera House

Polish conductor and composer Wojciech Czepiel will lead a concert highlighting masterpieces by great composers Beethoven, Chopin and Grieg at the HCM City Opera House on November 11.

VN recommended to regulate MEPS for air conditioners

The cooling sector is a major source of energy consumption and greenhouse gas emissions.

Long Bien to become new city centre on the riverbank

Long Bien has truly become one of the busiest and bustling places of the capital. Thanks to infrastructure framework invested synchronously, the district has attracted investors and created a huge source of revenue for the budget.

VIETNAM BUSINESS NEWS NOVEMBER 8/2023

Vietnam looks to int’l cooperation to advance oil and gas industry

VN steel sector sees recovery signals

In the third quarter, nearly 6.5 million tonnes of steel were sold, up 6.3% year-on-year. Of the total, over 2 million tonnes were shipped abroad, representing a year-on-year surge of 70%.

Dong Thap works hard on conserving red-crowned cranes

Dong Thap has approved a project to conserve red-crowned cranes in the Tram Chim National Park in the 2022 – 2032 period with an estimated total budget of over 184 billion VND (nearly 7.6 million USD).

US firms push ahead with investment plans in Vietnam

Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.

Measures needed to remove barriers in trans-border e-commerce

Trans-border e-commerce has made great contributions to Vietnam’s export revenue, with a value of over 80 trillion VND (3.28 billion USD) in 2022.

Vietnam’s digital economy grows fastest in Southeast Asia

Vietnam will remain the region’s fastest growing digital economy between 2023-2025, according to the 8th edition of the e-Conomy SEA Report published on November 7 by Google, Temasek and Bain & Company.

Ha Long Bay among world’s 51 most beautiful places: Condé Nast Traveler

Condé Nast Traveler, a luxury and lifestyle travel magazine, has named the UNESCO-recognised heritage Ha Long Bay in the northeastern coastal province of Quang Ninh on its list of the 51 most beautiful places in the world.

VIETNAM NEWS HEADLINES NOVEMBER 8/2023

Hanoi to host craft village conservation and development festival

State's contribution not decisive factor to attract investors to PPP projects

Minister of Transport Nguyen Van Thang on November 7 said that the State’s contribution is not a decisive factor to attract investors to public-private partnership (PPP) infrastructure projects.

Digital transformation helps prevent petty corruption: public security minister

Digital transformation should be sped up in all fields to ensure openness and transparency so as to contribute to preventing corruption, especially petty corruption, Minister of Public Security To Lam said.

Mechanisms in place to address harmful and false information on social media

Minister of Information and Communications Nguyen Manh Hung said mechanisms have been put in place for cooperation with cross-border social media platforms to remove harmful and false information.

Vietnam cashes in on FTAs to boost exports: Minister

Vietnam has capitalised on the free trade agreements (FTAs) it has signed to bolster exports amidst weakening demand, high input costs, and inflation pressure across the globe, Minister of Industry and Trade Nguyen Hong Dien said on November 7.

US interest rate stops rising, foreign capital expected to stay in Vietnam

The US FED has decided to stop interest rate increases, following a temperate monetary policy which aims at preparing a soft landing for the economy.

Trillion-VND club: real estate firms lead, banks account for half of members

Vinhomes has seen its profit decrease but it still leads the ‘trillion-VND club’, or the group of businesses with more than VND1 trillion worth of profits. Hoa Phat steel mill and Binh Son refinery has had the most outstanding growth among the group.

Vietnam needs to remove barriers to pave way for gaming industry

The Ministry of Information and Communications (MIC) plans to establish a ‘Game Hub’ to connect game makers and will organize short- and long-term training courses as part of a gaming industry development strategy.

Roadblocks to be torn down in policy

Equity investors and management authorities have great expectations for the National Assembly’s upcoming discussion, which should give the nod to policies for pilot implementation pertaining to funding Vietnam’s road system.

Electricity plans take shape for 2024

The government is being urged to improve the supply of electricity for production and business activities, with warnings that power shortages could continue undermining the economy’s efforts to garner new funding from abroad.