Dramatic changes required to achieve high income goal by 2045

VN needs a dramatic change through institutional and legal reforms along with economic restructuring for the rapid and sustainable development required to achieve its goal of becoming a high-income country by 2045.

Late-night bidding and forfeitures spark concerns of market disruption

Lawmakers address concerns that inflated bids followed by forfeitures in real estate auctions are harming the market.

Vietnam speeds up digital era

Drastic measures and accelerated administration reform have led to the simplification of 4,751 out of 5,000 public procedures from provinces and cities nationwide over the past decade.

Draft law proposes higher pay and lower retirement age for teachers

The draft outlines comprehensive provisions regarding salary policies, allowances and support for educators, aiming to enhance incentives so that teachers can work without worrying that their salary are not enough to cover daily expenses.

New regulations aim to tighten oversight of charity and social fund operations

The government has issued a new decree revising the organisation and operations of social and charitable funds.

VN welcomes 22,000 international students for this academic year

The number of foreign students studying in Việt Nam has increased in recent years.

Vietnam Business News October 28/2024

HCM City seeks to smooth cross-border e-commerce

Inspection report on gold trading activities being complied: SBV

The State Bank of Vietnam (SBV) has announced that inspections on compliance with legal policies in gold trading activities of credit institutions and gold trading businesses have been completed and an inspection report is being compiled.

Chien takes world three-cushion billiards trophy

Vietnamese player Tran Quyet Chien secured the UMB Veghel World Cup Three-Cushion 2024 trophy after a decisive 50-38 win over Belgian legend Frederic Caudron on October 26 in the Netherlands.

Vietnam News Headlines October 28/2024

Localities working to cope with impacts of Storm Trami

Vietnam's largest elephant owner passes away

Dang Van Long, Vietnam’s most renowned elephant caretaker and the largest private elephant owner, has passed away at the age of 63.

After Storm Trami, Da Nang locals gather mussels from the shore

Green mussels and clams lined the Da Nang shoreline after Storm Trami, an unexpected gift eagerly collected by residents.

Lawmakers call for action on skyrocketing housing prices amid speculation

Lawmakers have raised concerns about speculative pricing in Vietnam's real estate market, citing the negative impact on buyers and overall market stability.

Heavy flooding in Central Vietnam's Le Thuy leaves over 12,000 homes submerged

As of noon on October 28, torrential rains and rising floodwaters have left 12,361 homes submerged across Le Thuy District, Quang Binh, isolating five villages and resulting in one fatality.

Vietnamese users warned against fake banking apps in latest cyber scam surge

Charity scams, fake apps, and unauthorized health groups lead to losses and raise concerns over digital security in Vietnam.

Vietnamese authorities warn iQIYI over non-compliance with local laws

Vietnam’s Information and Communications Ministry has instructed iQIYI to fully comply with local laws for cross-border streaming services.

HCM City authorities commit to 50-day sprint to finalize metro line 1

The HCM City Urban Railway Management Board initiates a 50-day campaign to address pending work and bring Metro Line 1 into operation by the end of 2024.

Over 100 flights canceled due to typhoon Trami impact

Vietnam Airlines and Bamboo Airways canceled over 100 flights due to Typhoon Trami, with plans to resume operations after the storm.

Investigation clears up “missing” children case at Quan Am Orphanage in HCMC

Two children reported missing from the Quan Am orphanage in HCMC were located at a temple in Binh Phuoc, where they had been temporarily placed.

Housing prices in Hanoi, HCM City far exceed citizens' income levels

With a decline in social housing supply and rising costs, the government is urged to address affordable housing shortages and market imbalances.

Impressive combat skills and crime-suppression display by Vietnam’s police

At the opening of the 9th “For National Security” Sports Festival, Vietnam’s police demonstrated thrilling martial arts, tactical maneuvers, and self-defense skills.

U17 Vietnam’s path to the 2025 World Cup becomes clear

Qualifying for the 2025 U17 Asia Cup offers a significant opportunity for Vietnam’s U17 team to reach the FIFA U17 World Cup.

PM encourages UAE corporations to invest in VN's port and highway development

During his official visit, PM Pham Minh Chinh invited leading UAE corporations to invest in Vietnam’s infrastructure, logistics, and other sectors, pledging groundbreaking policies for foreign investors.

VN speeds up low-emission rice cultivation, mobilizes VND20 trillion

Vietnam has gained the first harvests for the 1 million hectare high-quality low-emission cultivation pilot project and is entering the acceleration period. It is necessary to mobilize VND20 trillion more for the period.

Rapid flooding in Quang Binh submerges over 15,000 homes

More than 15,000 homes in Le Thuy, Quang Ninh, and Dong Hoi have been submerged as floodwaters rise in Quang Binh, where heavy rain continues to pour.