VIETNAM NEWS HEADLINES AUGUST 11/2023

India’s Namaste Vietnam Festival 2023 to take place this month

Vietnam among top 5 economies with leading e-commerce growth globally

With an average growth rate of 20% per annum, Vietnam is ranked among the top five countries recording the highest e-commerce growth in the world.

HCM City canals still face pollution due to untreated wastewater

Despite having spent thousands of billions of VND on cleaning major canals including Nhieu Loc- Thi Nghe, Tan Hoa - Lo Gom, and Tau Hu - Ben Nghe, authorities in HCM City have failed to curb pollution due to a lack of wastewater treatment plants.

Ronan Keating of Boyzone to perform in Hanoi

The once-popular boyband singer will perform at the international music festival Hay Fest 2023 next month.

Domestic products are taxed higher than imports

The Vietnam Confederation of Commerce and Industry (VCCI) says that domestically manufactured products bear a higher VAT (value added tax) higher than imports, and are thus placed at a disadvantage.

VN condotel market dip to continue until 2025: insiders

The condotel market remains in a slump due to excess inventory, and industry insiders warn it will not recover at least until 2025.

Vietnamese workers to improve capacity to better access European labour market

Students at vocational schools have strong professional knowledge, but are quite weak in foreign languages.

It’s better to encourage hybrid vehicles before switching to EVs: experts

In current conditions, the government of Vietnam should encourage people to shift to hybrid vehicles and give priority to biofuels to reach COP26 goals at the earliest date.

Female Vietnamese fighter jumps impressively on Muay world ranking

Vietnamese fighter Huynh Ha Huu Hieu has won the World Boxing Council (WBC) Muay Thai International Title in the women's minimumweight class (45.39 kg).

Vietnam’s stock market sees impressive growth

Vietnam's stock market in the first 7 months of 2023 has seen impressive growth, surpassing major stock markets in the world such as the US, Korea, India, and China.

Vietnam’s economy to see stronger growth in next two years: WB

The World Bank forecasts that Vietnam’s economy will grow 4.7% in 2023, and accelerate to 5.5% in 2024 and 6.0% in 2025.

Vietnam considered ideal golf paradise in Asia

Vietnam is considered one of the best destinations appealing to all levels of golfers around the world. according to Head of the National Tourism Administration Nguyen Trung Khanh.

Vietnamese brand praised in the US, competes in high-end market

The first products exported by Viet Air Filters Manufacturing Corporation (VAF) to the US were the high-end Hepa H14, meeting European standards. The emails from customers to the company all contained the word "excellent".

Raw materials for seafood export processing in short supply

The shortages of materials for seafood export processing are forecast to last until the end of the year, according to the Ministry of Agriculture and Rural Development.

Hand-foot-mouth disease on the rise with 16 deaths so far

Vietnam is currently seeing a spike in the number of hand-foot-mouth disease (HFMD) among children, with more than 40,000 cases and 16 deaths recorded so far.

HCM City to collect VND 1.55 trillion a year from street space rental

HCM City Department of Transport has just proposed a detailed plan on the use of road and pavements for commercial purposes, which could bring in an estimated annual revenue of VND 1.55 trillion (USD63.48 million).

Cycling from France to Vietnam to improve education

Travelling through 17 countries and overcoming 17,000 km by bike, Clément Nothhmob embarked on a trip that was much more than just an adventure.

Lang Son offers a dam fine holiday

Pắc Mỏ is an attractive destination due to the wild beauty of the natural landscape reflected in the clear blue water. The surrounding green hills and forests create a feeling of closeness to nature.

World trade centres of Binh Duong, Mumbai, Shenyang reach deals

The world trade centres of Binh Duong New City, India’s Mumbai and China’s Shenyang signed memoranda of understanding on economic and trade cooperation on August 10.

VN-Index logs biggest intraday loss in nearly five months

Gains in the property developer Vingroup was not able to lift the market's downtrend.

Court asks for further investigation on Muong Thanh Group chairman

The Hanoi People's Court opened a first-instance trial for Le Thanh Than, Chairman of Muong Thanh Group and General Director of Bemes Company who is accused of "deceiving customers".

BLACKPINK records seventh anniversary video at Hanoi luxury restaurant

Many Vietnamese fans were delighted to discover that the K-pop girl group BLACKPINK's seventh anniversary video was filmed at a luxury hotel in Hanoi during the band’s stay in Vietnam for the two-night concert in late July.

Promoting maternity rights welfare and health of mothers and children

The draft Law on Social Insurance (amended) is one of the important bills that will be submitted to the National Assembly at the 6th session. The draft law has a great impact on most population groups, especially women.

Hanoi’s outstanding transport, building projects in pictures

Nhat Tan Bridge, major roads like Vo Nguyen Giap, Ring Roads 2, 3, and Cat Linh - Ha Dong urban railway, modern urban areas, and skyscrapers are all outstanding works built in Hanoi since the city began expanding in 2008.

Ministry not yet clarified what ‘Made-in-Vietnam’ means

The Ministry of Industry and Trade (MOIT) began to work on compiling a regulation on made-in-Vietnam products in 2018. However, to date, such a regulation has not been promulgated.