Viet Nam contributes US$500,000 to support UN’s efforts in Gaza

The Vietnamese Government has decided to contribute US$500,000 to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) to support the UN’s efforts in Gaza.

Deputy Minister of Industry and Trade arrested for bribe taking allegation

The Ministry of Public Security's investigation police agency has launched legal proceedings against and detained Deputy Minister of Industry and Trade Do Thang Hai on charge of “receiving bribes”.

PM sets out major tasks in economic diplomacy

Prime Minister Pham Minh Chinh assigned major tasks to the diplomatic sector and relevant agencies in economic diplomacy while addressing a plenary session of the ongoing 32nd National Diplomatic Conference on December 21.

Vietnam’s wood, wooden furniture exports to hit only 13.5 billion USD in 2023

Vietnam’s exports of wood and wooden furniture will reach only about 13.5 billion USD in 2023, down 15.5% year on year, President of the Vietnam Timber and Forest Product Association (VIFOREST) Do Xuan Lap told a seminar held in Hanoi on December 21.

Overseas remittances to HCM City up 35% in 2023

The flow of overseas remittances to Ho Chi Minh City is estimated to reach about 8.92 billion USD in 2023, up 35% year on year, said Deputy Director of the State Bank of Vietnam (SBV)’s Branch in HCM City Nguyen Duc Lenh.

First Vietnamese Medical Encyclopedia to be published

The first Vietnamese Medical Encyclopedia will be published shortly.

Tourism industry faces new challenges after Ministry’s decision takes effect

The country’s tourism industry has not gone back to the old normal, but worries are even greater after the Ministry of Transport’s decision on air ticket price ceiling which is effective from March 1, 2024.

Vietnam races against time to meet public investment disbursement targets

As the year draws to a close, Vietnam is intensifying efforts to accelerate the disbursement of public investment funds.

Infrastructure inevitable to Vietnam’s digital economy

Vietnam should be well-positioned with its sound technical infrastructure to boost its digital economy, Assoc.Prof Yen Tran, lecturer on innovation and international startup at the University of Edinburgh Business School, has said.

Vietnam meets 2023 target of foreign visitors​

The total number of international tourists in 2023 is estimated at 12.5 million, meeting the target of 12.5-13 million international arrivals.

Banks have money but businesses lack capital

By the end of November, credit had grown by 9.15 percent compared with late 2022, far below the targeted 14-15 percent set earlier this year.

HCM City sets up first Ao Dai Association

Ho Chi Minh City set up its Ao Dai Association, the first of its kind.

Specialized mechanisms required to unlock Hanoi's development potential

In light of a resource shortage for Hanoi's development, economic experts are calling for the implementation of specialised mechanisms to revolutionise the mobilisation of funds beyond the budgetary constraints.

Performing arts help promote tourism

Experts from UNESCO believe that the performing arts help improve people-to-people exchanges and promote tourism in Hanoi.

VIETNAM BUSINESS NEWS DECEMBER 21/2023

National Innovation Centre runs on ABB smart building technology

Stock market expects growth in 2024 with lower interest rates

Vietnam’s stock market poised for growth in 2024 supported by lower interest rates and improved business performance.

Vietnamese beauty makes Top 12 Best National Costume at Miss Earth 2023

Local representative Do Thi Lan Anh is among the Top 12 finalists in the Best National Costume sub-contest at the Miss Earth 2023 pageant, which is currently underway in Da Lat.

Liem honoured as world blitz champion in FIDE’s history

The World Chess Federation (FIDE) has listed the winners from throughout the history of the world blitz chess championship, including local chess player Le Quang Liem who won a title back in 2013.

Standards and certifications key to VN’s entry into global Halal market

In a bid to awaken Vietnam's dormant potential in the global Halal market, experts emphasized the crucial role of standards and certifications during a symposium held on Wednesday in Hanoi.

VIETNAM NEWS HEADLINES DECEMBER 21/2023

Vietnam makes urgent call for ceasefire, protection of civilians in Gaza Strip

Vietnamese arrivals in Japan set record high in 11 months of 2023

The number of Vietnamese visitors to Japan in the first 11 months of 2023 reached a new record 536,800, surpassing the previous record of 495,051 visitors achieved in 2019, according to statistics of the Japan National Tourism Organisation (JNTO).

HOZO Super Fest 2023 to hit stage in HCMC

The HCMC’s third Ho Do International Music Festival 2023 featuring exciting music performances with the participation of ten international singers and music bands along with 14 Vietnamese artists will ring the New Year from December 22-24.

Rare wildlife captured in Vu Quang National Park through camera traps

Through 85 camera traps in Vu Quang National Park in Ha Tinh Province, 58 rare and endangered wildlife species have been captured, including nine endemic species to the Truong Son Range.

Pressure about oil field depletion lessens, signs of recovery appear

Oil fields in Vietnam are nearing depletion, causing crude oil output to decrease rapidly in recent years. However, the situation is expected to improve as optimistic signs have appeared.

VN-Index returns to threshold of 1,100 points

The market inched higher on Wednesday, with the VN-Index returning to the 1,100-point level.