Supporting industry giants favour Vietnamese market

In the last months of 2023, a lot of supporting industry giants have announced their strategies to penetrate the Vietnamese market, given the fact that the country has become a strategic destination in the global supply chain.

Hanoi night cycling tour on trial

The Thang Long - Hanoi Night Cycling Tour promises to give visitors an exciting nighttime experience in Hanoi.

Dao Tien people set up embroidery workshops to develop tourism

Keeping up with the needs of tourists who love brocade embroidery products, the Dao Tien people have established an embroidery workshop in the Non Nuoc Cao Bang Global Geopark.

The concerns of State President Vo Van Thuong

Discussing socio-economic conditions in 2023 at the ongoing National Assembly session, State President Vo Van Thuong said there are many policies which people have put high hopes on, but implementation has been very slow.

Quang Nam builds a safe, friendly and healthy environment for children

The work of protecting and caring for children in Quang Nam has been implemented well with the participation of government agencies at all levels and relevant organizations.

Bac Giang: Enhancing ethnic minority women's position and role

Gender equality is an important and consistent content in activities in the fields of political, economic, cultural and social life of Bac Giang province.

Local craft storytelling as a marketing tool

Hanoi is home to some 1,300 handicraft villages, but many of their products are of little interest to foreign tourists.

Investor fined $5,140 for environmental shortcomings in Ha Long Bay

The investor behind the controversial construction of an urban project that allegedly encroached on Ha Long Bay's buffer zone has been slapped with a fine of VND125 million (about US$5,140) for environmental pollution.

TikTok to delete accounts and videos for users younger than 13 in Vietnam

TikTok will delete accounts and videos for users younger than 13 years old as its commitment to the Vietnamese government.

Vietnam to face Turkey and Brazil at volleyball women’s club world championship

Local volleyball players are set to compete against Turkey and Brazil at the 2023 International Volleyball Federation (FIVB) Volleyball Women’s Club World Championship which is scheduled to take place in China from December 11 to December 17.

Tourists struck after teasing Dak Lak elephants

Two tourists have been struck after teasing an elephant in the central highlands province of Dak Lak.

Project to develop mini buses in HCM City proposed

A firm is seeking HCM City approval for a project to develop electric minibuses to run along local small roads and alleys.

VN likely to achieve digital economic growth of around US$45 billion by 2025

With a young population, a strong ability for digital transformation among consumers, and increasing digital consumption, Vietnam is anticipated to achieve digital economic growth of US$45 billion by 2025

VIETNAM NEWS HEADLINES NOVEMBER 7/2023

Embassy devises plans to ensure safety for Vietnamese citizens in Israel

MIC recommends '4T principles' to protect children online

To keep children safe online, the Authority of Information Security under the Ministry of Information and Communications (MIC) recommends the '4T principles' of compliance, intelligence, caution and kindness.

Vietnam’s EV maker VinFast to invest 1.2 billion USD in Indonesia

Vietnam's first electric vehicle (EV) maker VinFast plans to build a plant with an investment capital of 18.6 trillion Rp (1.2 billion USD) in Indonesia, according to Presidential Chief of Staff of Indonesia Moeldoko.

Legal database on military, national defence makes debut

The Ministry of National Defense launched a database of legal documents on military and national defence at a ceremony in Hanoi on November 6.

DOC requested to conduct anti-subsidy probe into VN frozen warmwater shrimp

The US Department of Commerce (DOC) has received a request for anti-dumping and anti-subsidy investigations on frozen warmwater shrimp imported from a number of countries, including Vietnam.

VIETNAM BUSINESS NEWS NOVEMBER 7/2023

State budget collection down over 9% in 10 months

Deposits hit record high, though interest rates are low

Deposit interest rates have dropped to a 3-year low, but deposits at banks have reached a record high. Some banks reported an increase of up to 150 percent in payments for deposit interest.

VAT cut may put pressure on state budget: Finance Ministry

Minister of Finance Ho Duc Phoc says the 2 percent VAT cut will not be applied to some business fields, including securities, banking and finance, explaining that if it was applied to all fields, this would put pressure on the state budget.

Vietnam aims high on semiconductors

The global semiconductor chip market is expected to record a CAGR of 7.1 per cent from 2023 to 2032.

Four Vietnamese companies to manufacture network equipment in joint effort

Four Vietnamese technology firms, MK Hi-Tek, SafeGate, Pavana and Vissoft, are cooperating to develop the MK Networks brand, specializing in manufacturing network equipment. The first products are scheduled to hit the market in 2024.

Electricity prices must be market-based to promote investment in energy sector

Electricity prices must be market-based to encourage power savings and new investments in the energy sector, experts have said.

Kim Trang to represent Vietnam at Miss Asia 2023

Nguyen Thi Kim Trang has been selected as the nation’s representative for the Miss Asia 2023 beauty pageant which is set to take place from November 9 to November 14 in India.