EC reschedules IUU inspection in Vietnam

An inspection team from the European Commission (EC) is scheduled to visit Vietnam this October instead of May as planned to inspect the country’s efforts to combat illegal, unreported, and unregulated (IUU) fishing

Apple opening online store in VN, offering the next ‘golden opportunity’

Apple launched an online store in Viet Nam on May 18 in another nod to the growing importance of emerging markets for the iPhone maker, told CNN in its recent article.

All systems go for energy security

The newly approved Power Development Plan VIII for 2021-2030, with a vision to 2050, is designed to improve the country’s energy security and set out a roadmap for developing energy sources towards a green path.

Caylee Cowan dazzles in Vietnamese designer's gown at Cannes

Hollywood actress Caylee Cowan made one of her most notable fashion choices at the Cannes Film Festival, wearing an outfit by designer Nguyen Minh Tuan on the red carpet.

Fields in which VN students have little interest include agriculture, forestry

According to statistics of the Ministry of Education and Training (MoET), the four subjects of Agriculture, Forestry and Fisheries, Social Services and Life Sciences have had the lowest number of students in the past three years.

Bat Trang ancient pottery on display at Hanoi exhibition

Seven centuries of Hanoi’s Bat Trang ancient pottery village are on display at the "Bat Trang Ancient Pottery" exhibition at the National Museum of History in Hanoi.

Vietnamese engineer uses AI to detect breast cancer

A Viettel AI (artificial intelligence) expert has successfully developed a solution that helps discover breast cancer. The solution has been recognized and honored by international experts.

VIETNAM NEWS HEADLINES MAY 24/2023

Vietnam wants to step up multi-faceted cooperation with Slovenia: PM

Int'l internet connection improved as submarine cable fixed

The problems found in Branch S1I of the America Asia Gateway (AAG) undersea cable have been fixed, restoring the internet data connection between Vietnam and Hong Kong (China).

SBV to cut policy rates for 3rd time

The State Bank of Vietnam announced on Tuesday it will cut its policy rates again to prop up economic growth.

Vietnam Stock Exchange makes VND2.1 trillion in net profit

The Vietnam Stock Exchange (VNX) made VND2,089 billion in after-tax profit last year, up a staggering 53% year-on-year. This is the consolidated figure from both HCMC and Hanoi exchanges.

Economic recovery program extension proposed

A National Assembly (NA) deputy has proposed extending the economic recovery and development program until 2024-2025.

Lank FC offers contract extension with Huynh Nhu

As a result of her contributions, Huynh Nhu has been offered a contract extension by Lank FC ahead of the upcoming season.

Quang Ngai search for possible 17th-century shipwreck

Authorities in the central coastal province of Quang Ngai are planning to search for an old ship that might have sunk in local waters after ceramic objects were found in the area.

Apple announces removal of over 8,000 apps of Vietnamese origin

Apple removed more than 8,000 apps of Vietnamese origin from the App Store in 2022, citing the first transparency report published by Apple related to the app store.

FIFA Women’s World Cup 2023 to be broadcast live in Vietnam

A Vietnamese media agency unveiled on May 22 that it has successfully purchased the exclusive media rights to show the 2023 FIFA Women’s World Cup in Vietnam.

OKXE starts new motorbike business in Vietnam

After a year of selling used motorbikes through the Online to Offline (O2O) business model, the first OKXE Motorbike Service Station in Ho Chi Minh City has begun to officially provide new motorbikes.

Miss Grand International promotes Vietnamese landscape in promotion clip

The organisers of Miss Grand International on May 23 released a video on the 2023 beauty contest, featuring many images of Vietnam which will host the pageant this year.

Vietnam shows significant improvement in business environment: EIU

Vietnam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators.

Electric stocks expected to benefit from Power Plan

The approval of the Power Development Plan VIII is a positive factor to the domestic stock market, especially electric utility stocks.

Vietnam will continue to be prime destination for FDI: VinaCapital

The global corporate minimum tax is unlikely to impede Vietnam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Vietnam, said Michael Kokalari, chief economist at investment fund VinaCapital.

EVN to increase electricity import from China, Laos

The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN General Director Tran Dinh Nhan.

High-end brands looking to invest in Vietnam

Revenue in the luxury goods market in Vietnam will amount to 957.2 million USD in 2023, and grow annually by 3.23% in the 2023-2028 period, according to Statista, a statistics portal for market data.

VIETNAM BUSINESS NEWS MAY 24/2023

Set of criteria for measuring ESG performance to be launched in Q3

Minister warns about policies holding back economic progress

At important events, Minister of Planning and Investment Nguyen Chi Dung always stresses that new policies and regulations that require people and businesses to spend more, create new procedures, and require more time must not be issued.