Achilles heel in tourism

Vietnam’s tourism industry has made only meager strides in diversifying its products despite years of growth.

The most addictive dish on Ha Giang plateau

Ha Giang attracts tourists not only for its majestic natural landscape and honest ethnic people but also for its bold, regional specialties that cannot be found anywhere else.

Liquidity needs to be ensured: Central bank

The Governor of the State Bank of Vietnam (SBV) sent important messages about monetary policies at a meeting with businesses held by SBV and HCM City People’s Committee late last week.

Firms hesitate to access loans due to weak consumption demand

The State Bank of Vietnam last week cut its policy rates for the third time this year to prop up economic growth.

Banks experience significant increases in non-performing loans

Given the challenging economic environment, the performance of numerous banks is rather bleak, particularly due to the mounting bad debt levels.

VIETNAM BUSINESS NEWS MAY 29/2023

Work on Cat Bi Airport’s Terminal T2 to start in Q4

Vietnam should consider announcing the end of COVID-19: NA deputy

At the ongoing fifth session of the 15th National Assembly (NA) held on May 29, Nguyen Lan Hieu of the NA Delegation of Binh Dinh province suggested that the end of COVID-19 should be announced.

Cut on automobile registration fees to facilitate auto industry

The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered a positive effect to the auto industry in the context of the automobile market facing many difficulties.

VIETNAM NEWS HEADLINES MAY 29/2023

Vietnam leaves good impressions at multi-ethnic festival in Czech Republic

Vietnam to build center for search and rescue in Spratly Islands

Deputy Prime Minister Tran Luu Quang has approved a project to improve the capacity of incident and natural disaster response and search and rescue to 2030, with a vision to 2045.

Ngo Hoang Linh ranks fourth at World Fitness Supermodel

Vietnamese representative Ngo Hoang Linh was the 3rd runner-up of the World Fitness Supermodel 2023, which took place in Thailand on May 27.

Old Vietnamese publications in romanised script on display in Paris

An exhibition showcasing old Vietnamese publications in Chu Quoc ngu (romanised Vietnamese script) is underway in Paris, France.

HCMC police raze black-credit companies with illicit profits of over US$176mln

The Ho Chi Minh City Department of Public Security yesterday prosecuted nine people for usury in civil transactions.

Entertainment and cultural events of the week (May 29-June 4/2023)

Upcoming entertainment and cultural events in Vietnam's major cities on May 29-June 4.

More cooperation needed to develop rare earth industry in Vietnam

The applications for rare-earth element products have developed strongly in recent decades, especially in the field of agriculture in which they are used to create clean, safe, and effective agricultural products.

Hanoi's West Lake to be given a makeover

The district authority will also plan to renovate and embellish the infrastructure around the lake, such as installing lighting systems and upgrading promenades and flower gardens.

Strategy on rice export market development until 2030 approved

Deputy Prime Minister Le Minh Khai has signed a decision approving the Strategy on Development of Viet Nam's Rice Export Markets until 2030.

Home market a cushion against trade downturn

Vietnam is witnessing a slowdown in trade as the global economy is edging closer to a recession.

CMC Global - The young brand with high ambitions

After six years of operation, though being the youngest unit of CMC Group, CMC Global has made outstanding development, becoming an internationally-recognized company in software export and IT services that brings Vietnam's IT products to the world.

Visa procedures still take too much time for foreign travelers

The fifth session of the 15th National Assembly will consider and approve a resolution on changes to the visa policy. Travel firms have complained that they have to spend too much time on procedures for visas for foreign travelers.

The urgent need for RPA in the business process in VN

In today's fast-paced business environment, the need for efficient and cost-effective solutions is more pressing than ever.

Thai firms pocket big profits after buying major Vietnamese companies

In the last 10 years, powerful Thai corporations have spent big money acquiring many leading Vietnamese enterprises.

Livestock industry revives on lower animal feed prices

Good news has come unexpectedly to two million farming households after two years of being in a whirl: animal feed prices have begun decreasing.

PM urges VAT refunds for businesses

Prime Minister Pham Minh Chinh has ordered the Ministry of Finance (MOF) to streamline value added tax refund procedures to aid enterprises and residents.

Vietnamese durian gets more farming area codes for export to China

China has approved another 47 farming area codes and 18 packaging facility codes for importing durian from Viet Nam, according to Ministry of Agriculture and Rural Development.