VIETNAM NEWS HEADLINES OCTOBER 13/2023

President Vo Van Thuong to attend 3rd Belt and Road Forum in Beijing

Self-drive tours between Quang Ninh and China to be resumed

Self-drive tours between Mong Cai City, Quang Ninh Province and Dongxing City, Guangxi Zhuang Autonomous Region, China, will be resumed at the end of this month after a test run concluded in June 2020.

Hue eyes status as regional tourism hub

Diversifying tourism products and improving customer experiences are important measures for Thừa Thiên-Huế to attract more visitors and achieve its goal of becoming a cultural, tourism and healthcare centre in Southeast Asia by 2030.

Telecom carriers could make trillions of dong in profit if ‘junk card’ settled

If the ‘junk card’ problem can be solved, long term benefits will occur, helping telecom carriers increase revenue and reduce operation costs.

Public school shortage causes education sector’s dilemma in Hanoi

Statistics showed that Hanoi has an additional of 40,000 - 50,000 students each year, meaning it needs at least an additional of 20 public schools each year.

Vietnam to test Japanese dengue vaccine amid a sharp rise in infections

Vietnam will test the efficacy of a Japanese produced vaccine against dengue fever to create immunity for people amid a rising number of dengue infections throughout the country.

Raising fowl with petelot and medicinal herbs, man earns big money

By using natural grazing and feed mixed with local herbs, Cuong can earn hundreds of millions of dong a year.

Traffic accidents claim nearly 5,000 lives over nine-month period

A total of 8,335 traffic accidents occurred nationwide over the past nine months, killing 4,765 people and injuring 5,802 others, according to a report unveiled by the National Committee for Traffic Safety.

HSBC: Vietnam’s economy recovers, inflation risks remain

Vietnam’s economy has passed its trough, staging a modest recovery with stronger-than-expected growth of 5.3% in the third quarter, but upside risks to inflation have resurfaced, prompting the upgrade of 2023 average inflation forecast to 3.4%.

SBV handles ‘circular ownership’ of banks with heavy hand

The State Bank of Vietnam (SBV), while affirming that it is working hard to settle cross ownership among banks, has complained that this is a complex process because of the lack of a reasonable mechanism, information, and tools for control.

Foreign investors remain optimistic about Vietnamese stock market

Foreign investors have increased their net buying since the end of September, indicating that they still see the bright prospects of Vietnam’s economy and find its stock market attractive in the medium and long term.

Vietnam needs brand building to boost exports to CPTPP market

The image of Vietnamese brands, which is relatively modest in the CPTPP market, needs to be improved in a bid to tap the tremendous potential of this market, experts have advised.

Biometric authentication to be applied at airports nationwide from November

The biometric authentication system for passengers who use electronic identity cards in the aviation security check process is scheduled to be deployed simultaneously at airports from November 2023.

Vietnam to be major source of rice supply to Indonesia

Vietnam exported a total of 884,177 tonnes of rice to Indonesia in the first nine months of this year

Businesses under pressure to sell assets, real estate projects to settle debts

Businesses, particularly property developers, are under pressure to sell off assets and real estate projects to settle their debts, including bond repayments and bank loans.

Cai Chien island – untouched paradise in Quang Ninh province

Cai Chien island, dubbed the “forgotten paradise”, is a must-see destination in the northeastern province of Quang Ninh.

Training sales skills for ethnic minorities in Binh Dinh

Participating in the training course, ethnic minority trainees gain a lot of knowledge and skills in sales, distribution of goods, branding and commercial development.

Support ethnic minorities to promote economic development under forest canopy

The latest draft of the Land Law (amended) has many changes, paying more attention to land policies for ethnic minority groups.

Politburo resolution mentions avoidance of criminalization of economic relations

Party General Secretary Nguyen Phu Trong has signed a new Politburo resolution which indicates that the criminalization of economic relations should be avoided to foster the development of the Vietnamese business community.

Vietnam has new deputy foreign minister

Nguyen Minh Hang, Assistant Foreign Minister and Director-General of the Department of Economic Affairs, has been picked as deputy minister of Foreign Affairs.

Vietnamese President to attend Belt and Road Forum in Beijing

Vietnamese State President Vo Van Thuong will attend the third Belt and Road Forum in Beijing from October 16-20 at the invitation of Chinese President Xi Jinping, the Ministry of Foreign Affairs said in a press communique on October 12.

Vietnamese agricultural trainees relocated to safer place in Israel

The Vietnamese Embassy in Israel said on October 12 that a group of 15 Vietnamese agricultural apprentices who are studying in an area near the Gaza Strip has been temporarily relocated to a safer location.

NA Standing Committee discusses supervision of electricity policy implementation

A report by the team pointed to a number of limitations in legal regulations and policies in the field as well as their implementation, and recommended solutions in the short, medium and long terms.

Ministry issues early warnings for export products at risk of investigation

The Ministry of Industry and Trade has provided early warnings for 18 export products originating from Vietnam which are facing a high risk of being investigated for trade defence measures, origin fraud and illegal transshipment.

Incomes are not catching up with housing price increases: report

After eight years, apartment prices in HCM City and Hanoi have increased by 82 and 56 percent, respectively. But incomes of urban residents has risen by only 39 percent.