Renewable energy companies report lower earnings, burdened with bond debts

Renewable energy companies have recorded declining earnings results, partly due to burdens on corporate bond payment.

VN to host conference of ASEAN Book Publishers Association's Executive Committee

The Vietnam Publishers Association and the People’s Committee of HCM City will organise an annual conference of the Executive Committee of the ASEAN Book Publishers Association and sidelines activities from September 14-19, according to the VPA.

Tuan Hung becomes first Vietnamese singer invited to perform at Super Bowl

Tuan Hung, a famous Vietnamese singer, said he was happy to receive an invitation to perform at the Super Bowl, an important sports event organized by the American Football Federation.

VN warned its logistics industry may lag behind Laos, Cambodia

Despite great advantages for seaport development, there are still many bottlenecks in the Vietnam’s logistics sector, at a time when Laos and Cambodia are making heavy investments in this field.

Vietnam-US relations warm up, many business fields to benefit

US capital flow into Vietnam and US-Vietnam two-way import-export turnover have been increasing rapidly in the last 10 years. Vietnam’s export turnover to the US in the last two years exceeded $100 billion.

Chinese ginseng is being sold as Vietnam’s Ngoc Linh ginseng

Chinese ginseng has been brought to Vietnam in bulk and is selling under Vietnam’s Ngoc Linh and Lai Chau ginseng brandnames at surprisingly low prices. Pesticide residue many times higher than permitted has been found on the plant.

Xoi Lac TV and thousands of pirated webs blocked by authorities

Authorities have found that Xoi Lac TV committed violations related to the copyright of British Premier League broadcasting and football matches of the Vietnamese football squad.

Vietnam’s national petroleum reserve equal to 9 days of net imports

The national petroleum reserve is now just equal to nine days of net imports, and there is no national reserve of crude oil. The Ministry of Industry and Trade (MOIT) has many times proposed raising the reserve to 15 days or 30 days of net imports.

VIETNAM NEWS HEADLINES SEPTEMBER 12/2023

‘Clean up the World’ campaign officially launched in Vietnam

Country has enough sand for expressway projects in Mekong Delta: Deputy Minister

The region has a total of about 120 million cubic metres of sand while the demand for four ongoing expressway projects is 53.68 million cubic metres.

Vietnam Airlines, Boeing reach 10-billion-USD deal for Boeing 737 Max jets

National flag carrier Vietnam Airlines plans to buy 50 narrow-body Boeing 737 Max aircraft in a deal worth 10 billion with the US group Boeing.

US President’s Vietnam visit spotlighted

International politicians, scholars and media have given shrewd comments on the state visit to Vietnam by US President Joseph R. Biden from September 10-11 and the upgrade of the bilateral relations to a comprehensive strategic partnership.

Vietnamese flower designers triumph at int’l flower arrangement contest

Vietnamese flower designers won big in a flower arrangement contest at the World Flower Council Summit 2023 which wrapped up in the Central Highlands city of Da Lat on September 11.

Vietnam win 2-0 over Palestine in FIFA Days match

Vietnam on September 11 defeated Palestine 2-0 in a friendly match at the Thien Truong Stadium in northern Nam Dinh province, as part of the FIFA Days events.

Electronics manufacturing makes up nearly 18% of Vietnam’s industry

The electronics sector accounts for 17.8% of Vietnam’s industry, placing the nation among the world’s top 15 largest exporters of this kind of product.

Bac Kan promotes industrialization and modernization in forest economy

To develop sustainable forestry, the province continues to improve the road system and forestry roads, promoting mechanization in planting, caring for, exploiting, and transporting forest products.

Standup paddleboarding service offered on Nha Trang Bay

When in Khanh Hoa province, many tourists choose to use Standup paddleboarding (SUP) services to enjoy the sunrise or sunset on Nha Trang Bay of Khanh Hoa Province.

VN banks made big profits from foreign exchange business

Commercial banks made large profits from spot foreign exchange trading activities in the first half of this year as the difference between the dollar buying and selling price was often high at some VNĐ350-400 per dollar.

Network operators join forces to prevent internet market collapse

Telecom carriers are trying to cool down the fierce competition in the fixed broadband internet market.

Vietnam sees low rate of technology

Vietnamese authorities highlighted the significant role of overseas funding in the nation's economic transformation and focused on the need to improve technology transfer mechanisms.

ICT enterprises invest over US$114 million abroad in 8 months

Vietnamese businesses invested abroad in 14 areas in January-August 2023. The information and communications (ICT) industry ranked second with more than $114.32 million.

Hanoi Tourism Ao dai Festival 2023 to take place in October

Hanoi Tourism's Ao Dai (Traditional Long Dress) Festival, as an annual event, will create a brand for the capital's tourism, stimulate travel and attract visitors to the city.

DFC pledges a US$300mil loan to VPBank to promote sustainable finance

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the US International Development Finance Corporation (DFC) on September 10 inked a Commitment Letter on a bilateral loan worth $300 million with a seven-year tenor.

Digital cooperation: Top priority in VN-US comprehensive strategic partnership

Digital cooperation is one of the priorities mentioned in the action plan to implement the joint declaration of Party Secretary General Nguyen Phu Trong and US President Joe Biden.