Vietnam projected to become 20th largest global economy

Vietnam, a rising economic powerhouse in Southeast Asia, is set to witness remarkable growth over the coming years.

Apple's resilient iPhone sales and Samsung's dominance amidst declining market

A new report by Counterpoint Research highlights the intricate dynamics of the Vietnamese smartphone market, which has encountered formidable obstacles.

ID app to be tested for boarding domestic flights in early June

The Civil Aviation Authority of Vietnam (CAAV) will allow passengers to use the mobile ID app VNeID to board domestic flights at all local airports from June 1 to August 1 on a trial basis.

Rice traders incur losses despite export surge

Rice traders reported losses even though their export volume and value last month doubled the figures of the same period last year.

Apple stores in Vietnam denied providing warranty to local users

Many iPhone users are upset with Apple authorised service providers (AASP) in Vietnam after their phones warranties were not honoured.

Foreign investors’ net-selling pressures indices

While individual investors' cash flow is becoming a support for the market, foreign investors are strongly net selling out multi-trillions dong.

Luxury brands looking to expand market to Vietnam

Many luxury brands have begun implementing a market diversification strategy in Southeast Asia, especially Singapore, Thailand and Vietnam, according to Savills Vietnam.

60% of Japanese retailers to expand operations in Vietnamese market

A survey recently conducted by JETRO highlights that 100% of Japanese retailers operating in Vietnam expect their profits to increase over the course of the year, whilst 60% plan to expand their businesses over the coming one or two years.

Retail sales of consumer goods, services top $22 billion in May

Total revenue from retail sales of consumer goods and services in May was estimated at 519 trillion VND (22.09 billion USD), an increase of 1.5% over the previous month and 11.5% year on year thanks to the long holidays in the beginning of the month.

Singapore biggest foreign investor in HCM City

Singapore was the biggest foreign investor in HCM City in terms of newly-registered projects and capital contribution for share purchases in the last five months, with 72 new projects worth $121.5 million.

India plans numerous activities to foster ties with Vietnam in 2023: Diplomat

The Indian Consulate General in Ho Chi Minh City will hold a range of cultural exchange, and trade, investment and tourism promotion programmes in 2023, aiming to foster the ties between India and Vietnam.

Trans-Vietnam railway among world's most incredible train journeys

The British travel guide Lonely Planet has named The Reunification Express, or Vietnam’s north-south railway, one of the most incredible rail trips in the world.

Vietnam uses different power sources to optimize costs

The volume of electricity imports is small, mostly from China and Laos, according to the Ministry of Industry and Trade (MOIT).

8 million farming households excluded out of poultry, pig market

Vietnam is among the world’s top countries in total numbers of poultry and pigs, but the market is being gradually acquired by foreigners. About 8 million farming households have been weeded from the market.

You’d be nuts not to try Binh Phuoc's quality cashews

Cashew nuts have put this place firmly on the map, and locals living here serve up the delicacy with added ingredients of love and pride.

YouTube to be removed from TVs if it contains 'dirty' content

Cross-border social media, such as Facebook, TikTok and YouTube, will be prohibited in Vietnam if they are uncooperative. The Ministry of Information and Communications (MIC) says it will be firm when handling violations to ensure a clean cyberspace.

Vietnam considers giving visa waiver for golf tourists

Tourism experts have recommended allowing a unilateral visa waiver for 30 days for golf tourists and tourists travelers on special airplanes.

VN to universalize personal digital signature to develop digital economy

Many Vietnamese digital signature authentication service providers are seeking answers about the use of one digital signature for individual citizens.

Disbursement of public investments stuck, VND1 quadrillion deposited at banks

Minister of Finance Ho Duc Phoc said since capital for public investments cannot be disbursed, the Ministry of Finance has had to leave VND1 quadrillion worth of capital at banks with the interest rate of 0.8 percent per annum.

Russian film companies to join Telefim Vietnam 2023

Eighteen Russian firms will attend the International Exhibition of Film, Technology, Radio and Television (Telefim Vietnam) 2023 that will take place in Ho Chi Minh City from June 8-10.

VN to consider downgrading COVID-19 to flu-like status

According to the health ministry's statistics, to date, Vietnam has recorded over 11.6 million COVID-19 infections, with total recoveries logged at 10.63 million.

Bronze age artefacts found in Dak Nong

The Central Highlands province of Dak Nong has recently discovered numerous artefacts belonging to inhabitants dating back 3,500 years.

VIETNAM NEWS HEADLINES MAY 30/2023

Vietnamese nationals rescued from Philippine human trafficking ring return home

TV director dies in accident at Nha Trang Sea Festival

A director of the Khanh Hoa Television Station was reported dead after falling off a scaffold while inspecting the grandstands of the Nha Trang Sea Festival 2023 on May 29.

Khanh Hoa reclaims resort mansion of late King Bao Dai

Authorities in the central coastal province of Khanh Hoa have just reclaimed a complex of five French style villas which used to host late King Bao Dai and his family during their holidays for better preservation.