VIETNAM BUSINESS NEWS JUNE 27/2023

Fertiliser exports decrease in both volume, value

First Vietnamese invited to join piano jury at Int’l Tchaikovsky Competition

Assoc. Prof., Dr. Ta Quang Dong, Deputy Minister of Culture, Sports and Tourism, has become the first Vietnamese to be invited to join the jury for the piano contest at the 17th International Tchaikovsky Competition.

State-level funeral held for former Deputy PM Vu Khoan

A State-level funeral was held for former Deputy Prime Minister Vu Khoan at the National Funeral Hall in Hanoi on June 27.

Black Pink to storm Hanoi for two nights

Black Pink, the Republic of Korea’s girl group phenomenon, is storming Hanoi at My Dinh stadium for two nights on July 29 and 30.

Vietnam Airlines requested to transfer Skypec to Petrovietnam

The Government has just requested the Commission for the Management of State Capital at Enterprises to carry out plans to transfer Vietnam Air Petrol Company (Skypec) from the Vietnam Airlines Corporation to the Vietnam Oil and Gas Group.

Vietnam remains ideal destination for global giants

Despite a decline in global investment flows, Vietnam remained an attractive destination for foreign companies, especially large-scale enterprises, experts have said.

Dolphins spotted off Da Nang coast

Many residents expressed their excitement at witnessing a pod of dolphins leaping and playing in the waters near the Son Tra Peninsula in the central city of Da Nang.

Ministry of Industry and Trade seals MoU with Chinese market management agency

The Vietnamese Ministry of Industry and Trade has signed a Memorandum of Understanding (MoU) on cooperation with the State Administration for Market Regulation (SAMR) of China.

VIETNAM NEWS HEADLINES JUNE 27/2023

Internet users warned about 24 typical frauds on cyberspace

PM receives founder of World Economic Forum in China

Prime Minister Pham Minh Chinh hosted a reception on June 26 for founder and Executive Chairman of the World Economic Forum (WEF) Prof. Klaus Schwab, within the framework of the 14th Annual Meeting of the New Champions of the WEF in Tianjin, China.

E-visa extension to 90 days expected to lure more foreign tourists to Vietnam

The number of foreign visitors to Vietnam is predicted to see a 1.5-fold increase following the extension of tourist e-visas from 30 to 90 days from August 15, according to insiders.

The two most famous Pho Thin restaurants in Hanoi

"Pho Thin" (Thin noodle) is famous among tourists in Hanoi. However, for years now, many people have been confused between two long-standing Pho Thin brands, "Pho Thin Bo Ho" and "Pho Thin 13 Lo Duc".

Interest rate cut contributes to supporting economic growth: economists

The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.

Data-science cases revolutionize Finance & Banking sector

The advent of data-driven technologies like machine learning, artificial intelligence, and predictive analytics has revolutionized the banking and finance industry.

VN’s first delivery robot ready to enter Southeast Asian market

Using unmanned self-propelled delivery robots on urban roads is the first step taken by Alpha Asimov Robotics in the path to bring its intelligence to the world.

Bracing for acquisitions

Mergers and acquisitions (M&A) activities are expected to be intense across various production and business sectors due to inflation, liquidity woes and the hardships faced by numerous businesses.

Pharmacy firms prosper, attract foreign investors

The second largest pharmacy firm coveted by many foreign investors is planning a big dividend payment campaign.

Adapting to changes

Traditional travel agencies have come under pressure to adjust their services and products in response to the growing popularity of independent travel among domestic tourists.

Summer tourism vibrant with year on year recovery in tourist number

In contrast to previous years, the summer tourism season of 2023 has seen significant changes, with a notable rise of 15-30 percent in the number of MICE (Meetings, Incentives, Conferences, and Exhibitions) tourists year-on-year.

Embroidering a future for everyone

Nguyen Kim Chi, a fashion designer specialising in tailoring, has held the Cuc Chi class in Hanoi to share her interest in the embroidery craft.

Tho Chau - A hidden gem of Phu Quoc Island

Tho Chau Archipelago boasts a collection of stunning islands and picturesque beaches, attracting an increasing number of tourists who seek to explore its pure and untouched beauty.

Vietnam's new wave of female songwriters

New young female artists are willing to experiment with a wide range of music genres and show variety in their songs, contributing to the diversification of Vietnam's music industry.

Vietnam ranks 141st worldwide in number of diabetes cases

The number of diabetes cases in Vietnam accounts for about 6% of the population (people from 20 to 79 years old), ranking 141st in the world.

Banks step up bond buybacks

While real estate firms are still grappling with woes, including cash flow problems that have rendered them helpless to take back their bonds that are due, commercial banks have performed well.

The enchanting beautiful islands of northern Vietnam

Many dreamlike islands in the north of Vietnam are worth exploring.