Korean retailers eye opportunities in Vietnam

Retail firms of the Republic of Korea (RoK) are stepping up efforts to tap into the Vietnamese market, which has huge growth potential thanks to its rapid economic growth and a high proportion of the working age population.

Copyright infringement enters new phase in Vietnam

The Alliance for Creativity and Entertainment (ACE) says that many pirated websites are being managed by Vietnamese.

SSC warns investors of fake documents

The State Securities Commission (SSC) on July 3 warned investors that there are forged documents to deceive investors, specifically the fake certificate of registration of establishment of public funds issued on May 10, 2023.

GDP grows slowly, stock market remains sluggish

The stock market has been fluctuating heavily because of profit-taking pressure. However, there has been no sign of cash withdrawal as foreigners continue to buy.

Ministry builds two scenarios for GDP growth in H2

The Ministry of Planning and Investment (MPI) has built two scenarios for GDP growth in the second half of the year, based on the situation in the first half.

Vietnam an ideal destination for retiree expats once visa policy eased

Some international reports and websites have listed VN among the countries that are friendly to retiree expats for its affordability, however, those who want to retire here are being hampered because of challenges they need to overcome to get a visa.

The breathtaking landscape of Thach Ky Dieu Tau

Thach Ky Dieu Tau, with its distinct rock formations blending with the blue sea at Sa Ky sea gate, creates a stunning beauty that leaves many tourists in awe at first sight.

HCM City to build seven new logistic centres

The southern economic hub of Ho Chi Minh City will build seven new logistic centres from now to 2025, the municipal People’s Committee said on July 3.

Send-off ceremony for female footballers to 2023 FIFA World Cup

A ceremony was held in Hanoi on July 4 to send off footballers to the 2023 FIFA Women’s World Cup which is scheduled to take place in New Zealand and Australia from July 20 to August 20.

VN advocates int’l cooperation to ensure human rights amid global challenges

Assistant to the Vietnamese Foreign Minister Nguyen Minh Vu led a Vietnamese delegation to the annual discussions on women’s rights, climate change and a dialogue with the Special Rapporteur on Extreme Poverty.

Another suspect in Dak Lak terrorist attacks put on special wanted list

One more suspect in the case of "terrorism aimed at opposing the people's administration" in the Central Highlands province of Dak Lak has been put on the special wanted list.

Removing obstacles to production and business must be prioritised: PM

PM Pham Minh Chinh asked ministries, agencies and localities to prioritise removing obstacles to production and business while chairing a teleconference between the Government and localities, and a regular cabinet meeting in Hanoi on July 4.

AIC Group’s former chief accountant surrenders

Do Van Son, former chief accountant of the Advanced International Joint Stock Company (AIC Group), who has been wanted for further investigations into a medical equipment bidding scam, has turned himself in to police.

Domestic automakers increase output in anticipation of 50% registration tax cut

While car imports have slowed down, domestically assembled output has increased sharply. Manufacturers are preparing for the year-end sale season, when domestically made cars will enjoy a 50 percent vehicle registration tax cut.

Police investigate NLG-Energy Source's alleged fraud

Colonel Dinh Viet Dung, deputy head of the Homeland Security Department under the Ministry of Public Security (MPS), said on June 30 that the ministry has learned about the operation of NLG-Energy Source founded by Le Van Phuc in the US in 2016.

Vietnam, Italy agree to boost defence cooperation

Vietnam and Italy have agreed to strengthen defence cooperation in various fields, focusing on delegation exchange at all levels, human resources training, defence industry and technology transfer.

Tay Son Dynasty worshipping platform unearthed in Hue

During the second phase of the archaeological excavation of Ban Mountain in the central province of Hue, experts have published data on the scale and structure of the Heaven-worshipping platform of the Tay Son Dynasty (1778-1802).

Vietnam earns over 2 billion USD from coffee exports

Coffee is an export highlight of agricultural products in the first half of 2023, as the industry's export revenue earned 2 billion USD in the period, the General Department of Customs has announced.

Government teleconference with localities: tasks for remaining months heavy

At the Government's teleconference with localities and the regular Cabinet meeting in Hanoi on July 4, the Ministry of Planning and Investment (MoPI) presented two growth scenarios for the third quarter and the whole year 2023.

PM requests promoting rice production, export

Prime Minister Pham Minh Chinh has issued an official dispatch on enhancing the implementation of tasks and measures to promote rice production and export.

Hanoi to contain two cities, 4.45 million people

The total area of the two cities in the north and the west of Hanoi would be 884 square kilometers with a total population of 4.45 million by 2045.

Mekong Delta provinces long for bridges to improve transportation

After the deployment of the highway projects in the Mekong Delta, local residents have been eagerly longing for the completion of Rach Mieu No.2 and Dai Ngai bridges. However, both of these projects are currently encountering several challenges.

The ‘matchmaker’ for Vietnamese and American enterprises

“Our final goal is to help Vietnam’s products to be present in the US and Canadian markets and to help Vietnamese enterprises become global companies,” said Ann Huynh, a businesswoman who grew up in Vietnam but later achieved fame in the US.

VIETNAM BUSINESS NEWS JULY 4/2023

Vietnamese exporters, authorities seek to navigate low global demand

Langurs conservation group film wins international forest film award

The film, a co-production of WWF-Vietnam and Melt Films, was made to honour a volunteer conservation group that inspired their community to protect the last remaining members of this langur species.