VIETNAM BUSINESS NEWS NOVEMBER 21/2023

Tuna exports estimated at nearly 700 million USD in 10 months

Why VNĐ120 trillion social housing credit package has few takers

Limited social housing supply, inappropriate loan terms and stringent requirements for borrowers are making disbursement of the VNĐ120 trillion (US$4.9 billion) credit package for social housing slow, according to insiders.

Mobile-Money service pilot extended to late 2024

The Government has issued a resolution regarding the extension of the pilot use of telecom payment accounts for small-value goods and services until December 31, 2024.

VN female sepak takraw players win gold at international tournament

The Vietnamese sepak takraw team have brought home a gold medal in the women’s quadrant at the ongoing ASEAN Cup International Sepak takraw Invitational 2023 which was held in China.

Vietnams railway sector chugs along with rapid transit plans for the future

Amidst fierce competition with road and air transport, the railway sector has worked on improving its service quality in recent times to bring new experiences to passengers, and achieved excellent results.

Legislators mull over 2% VAT reduction

Lawmakers discussed the reduction of value-added tax (VAT) during the 15th National Assembly (NA)’s ongoing sixth session in Hanoi on November 20.

Cultural activities help to overcome language, political barriers

Head of the International Cooperation Agency Nguyen Phuong Hoa affirmed that 2023 is an eventful year in terms of external relations, international cooperation and cultural diplomacy. However, investment in culture remain modest.

Tourism development: actions needed to boost growth

Vietnam’s tourism has recorded growth in 2023 but recovery has been slow, and pre-pandemic tourism figures have not been reached.

Institutional reform seen as solution to ‘lagging behind’

‘Lagging further behind in economy’ has always been one of the four major concerns about the country’s development.

Cao Bang strives to have a rapidly developing and dynamic economy

Cao Bang will become the center of economic, cultural and foreign trade between Vietnam and the Zhuang Autonomous Region, the Western and Southwest provinces of China and ASEAN countries.

Lai Chau: Remote villages covered with broadband mobile network

The mountainous and border province of Lai Chau has implemented many solutions to promote digital transformation, meeting development requirements at present and in the future.

Hanoi Culture and Food Festival 2023 to take place next month

Festival goers will also have a chance to take part in folk games, cultural, art and food exchanges; and seminars on human resources development to facilitate the food industry.

Stepping into autistic children’s secret world

The teachers’ dedication to the profession is fueled by the joy of seeing improvements in children under their care.

Capital Law: Decentralization must be associated with supervision, inspection

The Capital Law, after 10 years in effect, has exposed many problems. Experts believe that Hanoi, which has been growing rapidly, needs a higher legal status.

Ex-Deputy Chief Inspector directs subordinates to overlook SCB's misconduct

In August 2017, the State Bank of Vietnam’s inter-agency inspection team was established to audit the Saigon Joint Stock Commercial Bank (SCB), encompassing its main headquarters and 12 branches.

HCM set to host Vietnam - US Trade Forum 2023

The Vietnam - US Trade Forum 2023 will take place on November 21 in Ho Chi Minh City as part of efforts to step up economic and trade co-operation between the two countries.

VIETNAM BUSINESS NEWS NOVEMBER 20/2023

HCM City leads nation in logistics competitiveness in 2022

Trade ministry to publish FTA Index, facilitate utilisation of free trade deals

The Ministry of Industry and Trade is focusing on improving provinces’ capabilities in helping local businesses take advantage of free trade agreements such as the UKVFTA and EVFTA, including by issuing an FTA Index by the end of 2023.

Frozen IPO market makes it difficult to attract foreign capital

The diversification of listings and upgradation of the stock market status plays an important role in attracting foreign capital inflow.

VIETNAM NEWS HEADLINES NOVEMBER 20/2023

NA scrutinises supervision of handling voters’ petitions

VN eco-label criteria for environmentally friendly plastic packaging issued

There are three specific criteria concerning materials, substances, and fuels; technical characteristics and permissible limits of pollution parameters in the product; and recovery, recycling, processing, and disposal.

Vietnam commemorates victims of traffic accidents

A national ceremony was held in the northern province of Hoa Binh on November 19 in commemoration of victims of traffic accidents in response to World Day of Remembrance for Road Traffic Victims.

Sketches by popular painter Pham Thanh Tam to be auctioned in UK

Chorley’s auctioneers is to offer human insight into the realities of war, through a collection of rare sketches by the Vietnamese artist Pham Thanh Tam (1932-2019), in its upcoming sale of Modern Art & Design on November 21.

Art exhibition showcases reversals of conventional perceptions in painting

An art exhibition themed "Going Against the Flow" by Artist Nguyen Ngoc Dan was launched on November 18 at the HCM City Fine Arts Museum.

Fansipan peak covered in frost as temperatures plunge to zero

A thin layer of frost could be seen covering the peak of Fansipan in Sa Pa in the northern province of Lao Cai on November 20 amid the outdoor temperature dropping to below zero degrees Celsius.