40 hotels in Nha Trang to face penalties for violating construction regulations

Nearly 40 hotels in Nha Trang city in the south-central province of Khánh Hóa are facing strict penalties for violating construction regulations.

November’s CPI grows 3.45%

The consumer price index (CPI) for November has gone up by 0.25% compared to the previous month and 3.45% to the same period last year, announced the General Statistics Office (GSO) on November 29.

Vietnam's trade surplus at 22.44 billion USD in 11 months

Vietnam enjoyed a trade surplus of 24.44 billion USD as of November 15 this year, according to data released by the General Statistics Office (GSO).

Vietnam finishes first at Da Nang international chef competition

A Vietnamese representative won first prize at the Catrion ‘Jet Setters Platte’ international chef competition which took place as part of the Asia Pacific Onboard Travel (APOT) Forum 2023 from November 26 to 28 in Da Nang.

New cold air wave to hit North, temperatures to drop sharply

The northern region of Vietnam is poised to brace itself for a new wave of increased cold air that will cause temperatures to fall to between 11 and 16 degrees Celsius.

Revised Land Law postponement discourages realtors

Realtors who expected the draft Land Law to be approved on November 29 at the ongoing National Assembly session are disappointed because the vote has been rescheduled.

VNPAY named among Top 40 Best Places to work in Vietnam

VNPAY beat many candidates to become one of the Top 40 Best Places to Work in Vietnam for Large Enterprises in 2023.

Social network users respond enthusiastically to anti-fake news campaign

Hundreds of entries and hundreds of millions of views on social platforms have been reported, which indicates support brought by the ‘Tin’ (News) campaign to the community.

VIETNAM BUSINESS NEWS NOVEMBER 29/2023

State bank asked to ensure sufficient credit supply

Foreign media praises Vietnam for distinct culinary profile

The nation has a distinct culinary profile that is not just grounded in its 1,000-year-old history, but has also been adapted to changing times to ultimately present an interesting fusion of cultures, according to Your Story website.

New businesses still on the rise in November

As many as 14,267 new businesses with a total registered capital of almost 153.6 trillion VND (6.3 billion USD) were established in November, respectively rising 19.5% and 47% year on year.

PM’s COP28 attendance opens up chances for stronger Vietnam-UAE cooperation

The visit by Prime Minister Pham Minh Chinh to the United Arab Emirates (UAE) from December 1 to 3 to attend the 28th UN Climate Change Conference of the Parties (COP28).

Mu Cang Chai women connect combine development with preserving cultural identity

Mu Cang Chai district is home to many ethnic minorities, of which the Mong people account for more than 90% of the population. The Mong people have the habit of settling in mountainous areas from 800 - 1500m high with many unique cultural features.

Lo Lo Chai Village applies technology in tourism development

People in Lo Lo Chai have applied information technology to promote their local tourism products, for example through platforms like Zalo, Facebook, TikTok, Youtube...

VIETNAM NEWS HEADLINES NOVEMBER 29/2023

President Vo Van Thuong hosts leaders of Japanese parties, parliamentarians

Lawmakers endorse global minimum tax rules, starting in 2024

With more than 93% of votes in favour, the National Assembly approved a resolution on applying additional corporate income tax in line with the Global Anti-Base Erosion Rules (global minimum tax), due to take effect as of January 1, 2024.

UNESCO supports Vietnam in developing vision, strategy for social sciences

The Vietnam Academy of Social Sciences (VASS) and the Vietnam National Commission for UNESCO on November 28 organised a capacity building workshop on developing vision and strategy for social sciences from UNESCO’s view.

Food delivery firm leaves Vietnam after repeated losses

Baemin, a well-known South Korean food-delivery app, will shut down in Vietnam on December 8 after four months of impressive operation.

Da Nang retailers give back premises, new investors reconsider business plans

Many shops on the busiest streets in Da Nang, including Nguyen Van Linh, Hoang Dieu, Phan Chau Trinh, Le Duan and Hoang Hoa Tham, were closed as of November 23. Signs and banners with ads for rent could be seen over entrance doors.

PM Pham Minh Chinh arrives in Ankara, starting official visit to Türkiye

Prime Minister Pham Minh Chinh, his spouse and the Vietnamese delegation arrived at Esenboga International Airport in Ankara on November 28 evening (local time), beginning an official visit to Türkiye from November 29-30.

Vietnam adapting to trade defense to go global

Vietnamese exporters are now facing various trade defense instruments from the US and EU, asking them to be well-prepared to succeed in international markets.

Education Ministry lists 18 occupations requiring a bachelor’s degree

It is expected that by 2030, Vietnam will have 260 university students per 10,000 people.

Tuồng plays enter schools

Two new plays of tuồng (classical drama), a traditional genre of Vietnamese theatre which began a hundred years ago, will be staged at secondary schools in HCM City.

Experts urged to consider subsidising public bicycles

After nearly two years of piloting public bicycle services, the biggest difficulty was the lack of infrastructure for the vehicle.

Development framework needed for wind power sales

The opportunity for offshore wind power export could slip away if VN does not finalise the framework for the development of this renewable energy type within the next year, said industry insiders and exports.