Unleashing the potential of Vietnam's wealth management market

A recent projection by McKinsey & Company has indicated that by 2027, Vietnam's PFA market will reach approximately US$600 billion, growing annually at a rate of 11 per cent from its 2022 baseline of around $360 billion.

HCMC issues document on implementation of personal data protection regulations

HCMC Department of Education and Training sent an urgent document to related agencies, its subsidiaries, and schools on the implementation of personal data protection regulations.

Electricity regulatory unit leaves EVN with $2 million debt

The State Capital Management Commission (SCMC) has sent a document to the Ministry of Planning and Investment (MPI) showing its view about the splitting of the National Load Dispatch Centre (NLDC) from Electricity of Vietnam (EVN).

More Vietnamese travelers switch to cashless payments

The Visa Global Travel Intentions Study (GTI) 2023 has shown that nearly all Vietnamese respondents are inclined to use cashless payment methods while traveling to streamline transactions and enhance their overall travel experience.

Climbing a mountain in Hanoi’s suburbs

Ham Lon Mountain, located in the Doc Ton range in Soc Son district in Hanoi, is a popular place for young people, especially for those who want to train before climbing Fansipan mountain.

Vietnam attracts over US$20 billion in FDI over nine-month period

Vietnam welcomed US$20.21 billion in foreign direct investment (FDI) during the opening nine months of the year, representing a rise of 7.7% against the same period from last year, according to statistics released by the Foreign Investment Agency.

Baby boy weighing 6.1 kilograms born in Ha Tinh

A woman gave birth to a giant baby boy at 40 weeks weighing 6.1 kilograms by surgical cesarean section at Ha Tinh Provincial General Hospital on September 27 afternoon, making him the locality's heaviest ever.

Vietnamese economy remains resilient despite weak external environment: ADB

Despite the weak external environment, the Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, said Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty.

Outstanding tech events September 18-22

A quickly spreading computer virus with regeneration ability and the announcement of the top 10 digital technology firms in 2023 were the most noteworthy technology events last week.

VFF to host ASEAN Football Federation annual meeting 2023

The ASEAN Football Federation (AFF) annual meeting 2023 is scheduled to take place on October 1 in Ho Chi Minh City.

VIETNAM BUSINESS NEWS SEPTEMBER 27/2023

Mooncakes sell out as companies use multiple sales channels

Defending Champion Thao chases glory in long jump event at ASIAD 19

Long jump queen Bui Thi Thu Thao hopes to defend the women's long jump gold medal she won five years ago in Indonesia at the ongoing 19th Asian Games (ASIAD) in China.

The best places to look for the Milky Way in Vietnam

The Milky Way is a strip of soft white light that crosses the night sky.

Hanoi to host first-ever autumn festival

The debut version of the Hanoi autumn festival is set to get underway from September 29 to October 1 in areas surrounding Hoan Kiem (Returned Sword) Lake, as well as some other districts throughout the capital.

PM Chinh’s trip to UNGA, US, Brazil reap substantive, comprehensive results

PM Minh Chinh and the high-ranking Vietnamese delegation’s attendance in the high-level week of the 78th session of the UN General Assembly, bilateral activities in the US, and visit to Brazil have obtained substantive and comprehensive results.

VSSA suspects Indonesia dumps sugar on Vietnam market

The Vietnam Sugarcane and Sugar Association (VSSA) has voiced its suspicion over Indonesia having dumped sugar on the Vietnamese market in recent years, as its export prices were below local prices and the fair market value.

Binh Duong to relocate 2,900 factories to industrial zones

The southern province of Binh Duong has introduced new policies to assist in the relocation of some 2,900 factories in residential areas to designated industrial zones, according to the provincial Department of Industry and Trade.

Tech shares ramp up appeal despite lackluster business

Shares of many domestic tech retailers are at historic highs.

Health Ministry proposes amendments to COVID-19 regulations

The Ministry of Health (MoH) has proposed to amend the regulations related to COVID-19 as the number of new cases has consistently remained low in recent weeks.

VIETNAM NEWS HEADLINES SEPTEMBER 27/2023

PM arrives in Hanoi, wrapping up working trips to US, Brazil

China is the largest export market of Vietnamese fruits and vegetables

China is the largest export market of Vietnamese fruits and vegetables, accounting for nearly 65 per cent of the total fruit and vegetable export value, according to Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association.

Vietnam spent nearly $1 billion on gasoline imports in 8 months

It gained 19 per cent in volume and 36.8 per cent in value.

Vietnam develops open educational resources for higher education

Deputy Prime Minister Tran Hong Ha has signed Decision No. 1117/QD-TTg approving a programme to develop open educational resources for higher education.

Four health conditions account for 73% of deaths in VN

Cardiovascular disease, chronic lung disease, cancer, and diabetes are estimated to cause a loss of $30 trillion to the world economy.

Pa Then fire-jumping ceremony becomes national intangible heritage

“Nhảy lửa”, or fire jumping in English, a ritual of the Pa Then ethnic minority people in the mountainous province of Tuyen Quang, has been listed as part of Vietnam’s ’s intangible heritage for the second time.