Vietnamese women basketballers win over Philippine rivals at SEA Games 32

Vietnamese women basketballers defeated their Philippine rivals with a score of 21-19 in the 3x3 basketball category at the ongoing 32nd Southeast Asian Games (SEA Games 32) on May 6.

VIETNAM NEWS HEADLINES MAY 6/2023

PM to attend 42nd ASEAN Summit in Indonesia

Nearly 2.5 million vehicles need inspection in next six months

An estimated 2.5 million automobiles nationwide need to be inspected in the next six months, according to Vietnam Register.

Dung Quat Oil Refinery to be expanded

Deputy Prime Minister Tran Hong Ha signed a decision on May 5 approving the upgrade of the Dung Quat Oil Refinery in Quang Ngai Province with an estimated investment of nearly US$1.2 billion, the local media reported.

SBV buys nearly US$4.9 billion in Jan-Apr

The State Bank of Vietnam, or SBV, bought nearly US$4.9 billion in the first four months of this year, thus shoring up the country’s foreign exchange reserves, according to the Ministry of Planning and Investment.

East Sea forecasted to face first tropical depression this year

The East Sea has been forecasted to see a tropical depression in the next 24 hours, the first this year.

VN real estate market to rebound thanks to new policies

According to the Vietnam Association of Realtors (VARS), the segment of social and affordable housing will grow because urban development is still attracting the attention of investors.

VIETNAM BUSINESS NEWS MAY 6/2023

MoF collects data serving reduction of 35 kinds of fees, charges

Young people choose ‘work smart’ instead of ‘work hard’ to relieve stress

Many young people now try to break the stuffiness of deadlines and urgent tasks. They choose to work smart instead of working hard to have time to explore nature, relax, leaving behind stress and fatigue.

Powerful family-run corporations who end up behind bars

Some powerful economic groups of Vietnam spent decades of years to become powerful and build brands worth trillions of VND, but only several months were needed to destroy all their achievements.

Cyberattack incidents in VN down 47%: report

In April 2023, the number of cyberattacks to information systems in Vietnam that caused adverse incidents totaled 498, a decrease of nearly 47 percent compared with the same period last year.

Vietnam lacks software engineers, though tech firms offer attractive pay

Mid-level software engineers can receive up to $1,190 a month. Though tech firms pay attractive wages, they still are finding it difficult to recruit experienced software engineers who can satisfy their requirements.

Cham Islands introduce tree bark hammock weaving craft

Craft and eco-tourism have merged on the Chàm Islands, located off the coast of the ancient town of Hội An. Visitors to the islands can now have hands-on experience in weaving a hammock using strings taken from tree barks.

Two broken undersea cables linked to Vietnam fully restored

Two of the five broken undersea cables linked to the nation, including Asia Pacific Gateway (APG) and Intra Asia (IA), have been fully restored, according to the Ministry of Information and Communications at a press conference held on May 5.

Pilot suspended for suspected use of banned substance

An airline of Vietnam has suspended a pilot testing positive for ketamine, Deputy Director of the Civil Aviation Authority of Vietnam Ho Minh Tan said on May 5.

Smart travel card launched to promote digital transformation

The Viet – Smart Travel Card was officially launched by Tourism Information Technology Centre (TITC) under the Vietnam National Administration of Tourism on May 5.

Investigation into COVID-19 test kit scam extended

The Ministry of Public Security expects to complete the investigation into the COVID-19 test kit scam at Viet A Technologies JSC in the second quarter of this year, the ministry’s spokesperson Lieutenant General To An Xo said on May 5.

Vietnam’s Ri6 durian now available in UK

Ri6 durian, a specialty from the Mekong Delta of Vietnam, is now available in the UK market for the first time, announced the Vietnam Trade Office in the UK.

President Vo Van Thuong visits British Museum

President Vo Van Thuong visited the British Museum, where Karl Marx, Friedrich Engels, V.I. Lenin, and many other great thinkers used to work, as part of his trip to the UK on May 5 morning (local time).

Vietnam records highest daily number of COVID-19 infections in six months

Vietnam recorded 3,399 new COVID-19 cases on May 5, the highest daily number over the past six months, according to the Ministry of Health.

Dak Lak invests in cocoa products to conquer international market

Dak Lak Province has favorable climate and soil conditions for cocoa trees, which are mainly grown in Ea Kar, Krong Ana, Ea H'leo and Krong Pak districts with an area of about more than 2,000 hectares, giving an average yield of 10 tons/ha/year.

The Hue art of jewelry making

Through more than 200 years of ups and downs, the art of jewelry making in Hue was once thought to have fallen into oblivion. Thanks to the efforts of generations of artisans, the art is flourishing now more than ever.

Vietnam remains a magnet for FDI: The Banker

Vietnam is expected to remain a magnet for foreign direct investment (FDI) from sources seeking to diversify their production.

Ceremony held to commemorate soldiers safeguarding national sovereignty

The “Le khao le the linh Hoang Sa” (Feast and Commemoration Festival for Hoang Sa Soldiers) took place at An Vinh communal house in Ly Son district, the central province of Quang Ngai, on May 5 or 16th days of the third lunar month.

VIETNAM NEWS HEADLINES MAY 5/2023

Vietnam considers visa exemptions for Luxembourg citizens