Market sentiment to improve further on supportive news

Analysts believe that the recent support news will improve market sentiment and boost the recovery of benchmark indices.

Foreign Investors sell off in October, HoSE reports net sales of VND1.59tril.

According to the HCM City Stock Exchange (HoSE), foreign investors were net sellers in October, with a total value of more than VND1.59 trillion.

VN should apply global minimum tax from 2024: tax official

The Ministry of Finance drafted a resolution for the adaptation of the global minimum tax, paving the way for the adoption of the global minimum tax in Vietnam from next year.

Da Nang to become a city of events, festivals

Da Nang City is focusing on becoming a city of events and festivals.

Hanoi adjusts general planning with two satellite urban areas

Hanoi authorities have decided to reduce the number of satellite urban areas from five to two, under the project adjusting the Capital's general planning to 2045, with a vision to 2065.

VIETNAM BUSINESS NEWS NOVEMBER 6/2023

Steel industry expected to recover in 2024

Industrial production index up 0.5% in ten months

Vietnam’s index of industrial production (IIP) went up 0.5% in the first ten months of this year with the October IIP alone rising 4.1% year-on-year, according to the General Statistics Office.

Masan’s president no longer dollar billionaire, assets drop

The stock assets of Nguyen Dang Quang, president of Masan Group, have fallen to below $1 billion. Several other billionaires have also lost billions of dong following the sharp falls of the VN-Index recently.

Vietnam's semiconductor chips' performance equal to 90% of foreign-made ones

FPT Semiconductor CEO Nguyen Vinh Quang says that Vietnam is capable of making chips with a performance equal to 90 percent and a production cost of 50-60 percent of foreign-made products.

17,000 workers resign, schools face serious teacher shortage

Minister of Education and Training Nguyen Kim Son said Vietnam is lacking 127,583 teachers and the figure has been increasing. As many as 17,278 teachers had resigned as of September 2023.

Another distinctive version of Quang noodles

With the skilled hands of Bau Nghe’s locals, oc buou (pila polita) can be transformed into various dishes, each with its distinct and unique flavors, especially Quang noodles with oc buou.

Van Phuc Silk Village celebrates timeless craft

The silk produced in Van Phuc is famous for its exceptional quality, unique colors, and traditional floral pattern designs.

New book sheds lights on last Vietnamese Queen

The book, published by the Ho Chi Minh City General Publishing House, introduces readers to the translations of 87 letters handwritten in French.

Thrilling natural landscape on Nhiu Co San Mountain

Nhiu Co San Mountain, soaring to an altitude of 2,965 meters above sea level, has emerged as a captivating destination for adventurers drawn to its pristine beauty and untamed wilderness.

Da Nang to be major socio-economic center under new master plan

The central city of Da Nang is dedicated to becoming a major socio-economic center under its newly approved master plan for 2021-2030 with a vision towards 2050.

Cao Bang promotes advantages for economic development under forest canopy

Cao Bang has set plans to implement key contents of the Smart Agriculture Project for the period of 2020 - 2025 related to the development of the forest economy in general and the development of non-timber forest products and medicinal plants.

More suspects prosecuted in Van Thinh Phat case

The authorities have commenced legal proceedings against an additional four suspects and modified the charges for one of the individuals involved in the case at Van Thinh Phat Group and relevant organizations and units.

Vietnamese economy continues to show signs of recovery

Vietnam's socio-economic situation in October and the ten months of this year showed signs of recovery, with numerous bright spots, Minister and Chairman of the Government Office Tran Van Son told a press conference in Hanoi on November 4.

National Assembly to start Q&A session next week

A question and answer session will take place next week as part of the ongoing sixth meeting of the 15th National Assembly (NA).

Ten-month public investment disbursement fulfills 52.1% of plan

As of October 31, the disbursement of public investment was estimated at over 401.86 trillion VND (16.37 billion USD), completing 52.1% of the set plan and 56.84% of the target assigned by the Prime Minister, the Ministry of Finance reported.

VIETNAM NEWS HEADLINES NOVEMBER 5/2023

Da Lat aims to become ‘Green Paradise’ through sustainable tourism development

Mong Cai: Total import-export value through border gates hits US$5.49 billion

In the first 10 months of 2023, the total import-export value through border gates in Mong Cai city (Quang Ninh province) reached 5.49 billion USD, accounting for 98.2% of Quang Ninh's total turnover.

Proposals regarding legitimate rights and interests of workers must be resolved

The 2023 Labor Forum with the theme "Improving policies and laws related to workers and trade unions" took place successfully, with the proposed contents and programs fulfilled.

VIETNAM BUSINESS NEWS NOVEMBER 5/2023

HCM City sets record for remittances in first nine months of 2023

Vietnam, China pilot two-way cargo transportation

Vietnam and China have launched a two-way cargo transportation trial through the Kim Thanh-Bac Son border checkpoint to streamline cross-border trade.