AEON pours US$1.2 billion into Vietnam

Vietnam has received the largest investment from AEON till now, according to AEON president Akio Yoshida.

Local jujitsu fighters to compete for world titles in Thailand

Vietnam has sent its best athletes to compete at the Thailand Open Grand Prix 2023 from May 20 to May 21 ahead of international tournaments being held this year.

PM receives IMF Managing Director, OECD Secretary-General

PM Pham Minh Chinh has suggested the IMF continue with policy counselling for the Vietnamese Government regarding economic management and improvement of tools and policies related to fiscal, monetary and financial restructuring.

Citizen protection work conducted after road accident in China

The Ministry of Foreign Affairs said that nine persons carrying Vietnamese identification papers are among 11 victims killed during a severe road accident in Jingxi city, China's Guangxi.

PM delivers message at G7 expanded Summit’s first plenary session

Prime Minister Pham Minh Chinh on May 20 stressed that promoting a more substantive and effective global partnership, international solidarity, and multilateral cooperation is key to solving today's complex challenges.

Restoring French villas – keeping Hanoi's cultural heritage

The new paint of a villa dating to the French colonial era at 49 Tran Hung Dao Street in downtown Hanoi has been a burning issue for the public and particularly heritage lovers. People have argued about the striking new colours of the building.

Make-in-Vietnam evokes pride, becomes national brand

Make-in-Vietnam must become a national brand. This is the expectation of the Ministry of Information and Communications (MIC) after three years of running the Make in Vietnam Digital Technology Product Award.

3% electricity price rise has little impact on households: EVN

According to Electricity of Vietnam (EVN) and some independent experts, the 3 percent electricity price will help EVN have an additional VND8 trillion, and will have only a small impact on households and the economy.

AI expected to ease burden of huge digital data for Vietnamese firms

Businesses are all carrying digital debt. The volume of data, emails and chats has outpaced their ability to process it all, according to the 2023 Work Trend Index report: “Will AI Fix Work?” newly released by Microsoft.

VIETNAM NEWS HEADLINES MAY 20/2023

Eight fireworks teams to compete in DIFF 2023

South Korean man gets death sentence for murder, dismemberment

On May 19, the People's Court of Ho Chi Minh City opened the first-instance trial of defendant Jeong In Cheol, a South Korean nationality born in 1985 and residing in District 7, HCMC, on charges of "Murder" and "Robbery".

PM seeks to declare Covid-19 pandemic is over

The prime minister has told the Ministry of Health to coordinate with other relevant agencies to prepare the necessary documents for shifting Covid-19 from type A to type B infectious disease and announce the Covid-19 pandemic is over in Vietnam.

MIC will inspect telecom firms, digital platforms on protection of user data

Some service companies that have collected the personal data of customers have allowed third parties to access this data source.

Aviation industry continues to rebound strongly

The aviation industry continues showing signs of recovery, with business results growing strongly after struggling for a while.

Alibaba chairman’s appeals rejected, life sentence confirmed

The HCM City People’s Court on Friday (May 19) rejected appeals of the chairman of Alibaba Company, leaving unchanged his sentence of life in prison for property fraud, causing more than 4,500 victims to lose over VNĐ2.4 trillion (US$103.3 million).

Monsoon Music Festival returns bigger and better than ever

Returning after three-years due to COVID-19, the eagerly awaited international music festival in Việt Nam – Monsoon Music Festival (MMF) – is back and bigger.

Businesses applaud Government’s tax payment deadline extension

Businesses applauded the Government’s decree on tax payment deadline extension which helps them to have capital for maintaining production and ensuring workers’ benefits.

VIETNAM BUSINESS NEWS MAY 20/2023

State-owned banks continue cutting deposit interest rates

Vietnam to host group stage at AFC U23 Asian Cup 2024 qualifiers

The nation will be one of 11 host countries for the group stage of the AFC U23 Asian Cup 2024 qualifiers, as announced by the Asian Football Confederation (AFC) on May 19.

HCM City to host Vietnam-ASEAN culture, food festival

Ho Chi Minh City will host the 2023 Vietnam-ASEAN Culture and Food Festival at the Hoa Lu Stadium from May 25-28.

Indian Navy ships visit central Da Nang city

Two Indian Navy ships, guided missile destroyer INS Delhi and multi-purpose stealth destroyer INS Satpura, docked at Tien Sa port on May 19, starting a courtesy visit to the central city of Da Nang.

Visitors enjoy murals at Quy Nhon fishing village

The paintings reproduce the cultural features of the coastal region, which attract tourists to the fishing village of Nhon Ly in Quy Nhon city in Binh Dinh.

Winners of Ho Chi Minh Awards, State Awards for Literature and Arts honoured

Winners of the 2022 Ho Chi Minh Awards and State Awards for Literature and Arts were honoured at a ceremony in Hanoi on May 19, the birthday of the late President.

15th National Assembly’s 5th session to open next week

The 15th National Assembly (NA) will open its fifth sitting on May 22 following a preparatory session the same day, heard a press conference in Hanoi on May 19.

Party leader’s book on socialism published in seven foreign languages

The new versions in seven foreign languages of the book “Theory and Practice of Socialism in Vietnam” by Party General Secretary Nguyen Phu Trong made debut at a ceremony in Hanoi on May 19.