Hanoi-Da Nang high-quality train service to be launched on October 20

The Hanoi Railway Transport Joint Stock Company (Haraco) said the railway sector wiill officially put two high-quality trains into operation on the Hanoi – Da Nang route from October 20.

Vietnam’s public debt management on right track: Ministry

Vietnam’s public debt accounted for 37.4% of the country’s gross domestic product (GDP) as of the end of 2022, while national external debt stood at about 36.1% of GDP, according to data released by the Ministry of Finance (MoF).

HCMC records six more monkeypox cases

During the past week, HCMC identified six more cases of monkeypox, increasing the total count of monkeypox cases in the city to 19.

Industrial park occupancy rate in Vietnam reaches high

The occupancy rate in industrial parks in Vietnam reached a high level, said the global leader in commercial real estate services and investments CBRE.

PM Pham Minh Chinh meets FDI enterprises community

A conference with the theme “Prime Minister Pham Minh Chinh with Foreign Direct Investment (FDI) Enterprises Companionship and Development” was opened in the capital city of Hanoi on October 16 morning.

HCMC to pilot hiring management personnel to reduce workload

Ho Chi Minh City will pilot a model of hiring management personnel to reduce pressure on civil servants in state organizations who will concentrate on their important duties.

Vietnam in good shape to overcome headwinds after pandemic

Vietnam has become stronger after Covid-19. Deputy Minister of Planning and Investment Tran Quoc Phuong said the outstanding factor in the last nine months was the 4.24 percent GDP growth rate, a satisfactory level compared with other countries.

VIETNAM BUSINESS NEWS OCTOBER 16/2023

Retailers in southern hub roll out promotions for Women’s Day

Binh Lieu in autumn

Binh Lieu, situated in Quang Ninh Province, has emerged as a beloved destination for many travelers, particularly during the autumn season.

Man chopping girl into pieces, scattering body parts in Red River arrested

Police forces in Hanoi arrested a man who killed a girl and chopped her into pieces and scattered the body parts in the Red River.

VIETNAM NEWS HEADLINES OCTOBER 16/2023

Development strategy of rural occupations and economic development approved

Indonesia chooses VN, Thailand to import additional 1.5 million tonnes of rice

Vietnam and Thailand will be the two main rice suppliers for Indonesia's upcoming purchase of 1.5 million tonnes of rice.

Three cities required to prepare for the opening of technology trading centres

The Government has urged Hanoi and HCM City to quickly finish the preparation required to open their technology trading centers no later than the end of 2024.

South Korea is Vietnam's largest fuel supplier

Vietnam has imported more than eight million cubic meters of fuel in the first nine months of the year, with the largest share coming from South Korea.

Da Nang: land rents soar, travel firms on brink of bankruptcy

Land rent has soared by 300-400 percent, causing many travel firms in Da Nang to be on the verge of bankruptcy.

HCM City seeks to encourage people’s habit of classifying waste at its source

Although the programme of classifying household solid waste at its source has been piloted and implemented for many years in HCM City, it has not been highly effective, because most people are not aware of the importance of waste classification.

Central Highlands faces severe shortage of teachers

Statistics from the Education and Training departments of five provinces in the region show that the region lacks more than 6,500 teachers at all educational levels.

VND40-trillion aid package sees few takers

A VND40-trillion aid package with an interest rate discount of two percentage points for businesses has been disbursed far slower than expected since its launch almost one and a half years ago, according to the Ministry of Planning and Investment.

US furniture group goes bankrupt, Vietnamese companies experience stormy days

The US-based Noble House Home Furniture LLC has filed for bankruptcy under Chapter 11 with the US Court in the District of Houston, Texas amid inflation and weak consumer spending.

Pickleball: From America to Vietnam – A rising sport

In Vietnam, although Pickleball is relatively new and just starting to gain popularity, Vietnamese amateur players have already won the first international medals.

Banks see bad debt rising

Tough business conditions, mostly in the real estate sector, led bad debt in the banking system soaring from 2% early this year to 3.56% in late July, according to the State Bank of Vietnam (SBV).

Time for US conglomerates to buy into big Vietnamese businesses

Foreign corporations and investment funds are rushing to inject money into large Vietnamese businesses, especially those in consumer goods, retail, pharmacy and finance.

Ca Mau to compensate for airlines forced to operate under capacity

The Mekong Delta province of Ca Mau plans to offer annual financial assistance totaling VND7 billion to airlines operating flights below capacity to and from the southernmost province’s airport.

Ethnic woman helps preserve traditional embroidery

Speaking about her motivation to run the club, Bình recalled her childhood when she learned Dao embroidery techniques from her mother and grandmother. At age 14, Bình said she could sew and embroider on her own dresses.

Business model brings happiness to autistic people

This unique establishment, endearingly named "a happy enterprise," boasts employees in its supermarket, restaurant, and bookstore who are all autistic.