Despite stable price, Vietnamese cement and clinker exports still fall sharply

The Vietnam National Cement Association (VNCA) said that the export of cement and clinker would continue to face difficulties this year.

Life insurers hit jackpot in 2022

Most insurers reported a high level of profits in 2022, with bank deposits one of the biggest sources of revenue.

The return of hope

Modest growth reported by securities firms in the first quarter of 2023 came as no surprise given the dismal market conditions and the high base in the year-ago period.

Vietnamese among top 10 countries in app downloads

Vietnam was among the top 10 countries in the world in the number of app downloads in 2022. The amount of money spent by Vietnamese to buy apps has been increasing rapidly.

Energy project disputes on the rise in VN

The number of disputes related to energy projects in VN has been on the rise in recent years, with many attributed to the Vietnamese government's environmental commitments and agreements at the 26th UN Climate Change Conference (COP26).

Adopt, don’t shop: rising demand for pets heightens risk of maltreatment

The proliferating breeding industry in Vietnam, driven by an increasing demand for pets, is trapping many puppies born out of farms with little or no welfare in a vicious cycle of suffering.

New Vietnam visa policies to boost tourism sector

These policies are expected to bolster the country’s socioeconomic development by attracting foreign visitors, following the devastating impact of the COVID-19 pandemic.

Monsoon Music Festival 2023 slated for October

Monsoon Music Festival (MMF), the nation’s biggest music event, is set to return to Hanoi from October 14 to October 22 after a three-year hiatus caused by the COVID-19 pandemic.

National Assembly to clear path for digital economy

At the fifth session of the National Assembly that was held this May, it was decided that the Government will submit an amended Bill on Credit Institutions for approval at the next session of the National Assembly in October.

Developed countries do not consider solar panels as hazardous waste: government

The government says that no developed country considers solar panels as hazardous waste. It has proposed collecting and treating expired solar panels.

Race course project in Lam Dong stalled due to legal problems

The development of a racecourse project capitalized at VND1 trillion in Lam Dong was approved by agencies 12 years ago, but nothing has happened since then because of legal problems.

Nearly one million phone numbers face being withdrawn on May 15

About one million mobile phone numbers that were two-way locked from April 15 have yet to verify their information and face being withdrawn on May 15.

Vietnam, China to test open Ban Gioc and Detian waterfalls for tourists

The northern province of Cao Bang is planning to coordinate with China’s Guangxi Province to test open the tourist sites of Ban Gioc waterfall in Vietnam and Detian waterfall in China this October.

Facebooker Tran Van Bang jailed for anti-State activities

Facebooker Tran Van Bang in HCM City has been sentenced to eight years in prison for anti-State activities.

Bamboo Airways raises capital to VND30 trillion, has new boss

Bamboo Airways' charter capital has risen to VND30 trillion, while Le Thai Sam is likely to become the biggest shareholder to control the private air carrier.

Huyen’s latest gold makes her most successful SEA Games runner of all time

Nguyen Thi Huyen becomes the most successful SEA Games runner ever after winning her 12th gold medal on May 11 in Phnom Penh, Cambodia.

Da Nang introduces tourism market data

Da Nang has begun building the first-ever Index of Da Nang destination attractiveness (IDDA) in surveying tourism service quality and satisfaction among travellers.

Vietnam saves $2.3 billion in 2022 thanks to thrift, anti-waste work

Vietnam has made a total saving of nearly VNĐ54 trillion (US$2.3 billion) for the State budget last year thanks to thrift practices and fighting against waste.

Better capacity, coordination needed in fight against smuggling, trade fraud

In Q1, authorities detected and handled more than 28,000 cases, of which 278 cases and 679 people were prosecuted.

Penalties commuted for Vietnamese athletes in doping scandal

Results Management Council and an agency responsible for taking samples for doping tests at SEA Games 31 decided on May 11 to reduce penalties for five Vietnamese runners that tested positive for banned substances at SEA Games 31 last year.

Da Nang and Sa Pa among top destinations for Vietnam summer trips

A large number of Vietnamese tourists have chosen Da Nang and Sa Pa as destinations for their summer trips, according to a recent survey conducted by Southeast Asia research and analytics firm Milieu Insight.

Police break up drug trafficking ring from Canada to Vietnam

The police in Tay Ho district of Hanoi have broken up a transnational drug trafficking ring led by a Vietnamese-Canadian man.

ASEAN consumes half of Vietnamese fertilizer exports

April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.

VIETNAM BUSINESS NEWS MAY 12/2023

Hanoi moves to lead nation’s industrialisation, modernisation

Drink aids in boosting energy for night owls

The late-night economy contributes to an increased GRDP. In some big city centers in the world, it can contribute up to 5-10% of GDP.