The State Bank of Vietnam’s fresh set of policies are anticipated to ameliorate the financial strain faced by both creditors and debtors, as well as establish a robust legal framework for debt restructuring to be allocated over a two-year period.

After three inspections, the European Commission (EC) said Vietnam has made improvements in the process of removing illegal, unreported, and unregulated (IUU) fishing.

Prime Minister Pham Minh Chinh and his Luxembourg counterpart Xavier Bettel held talks in Hanoi on May 4, affirming both sides’ wish and determination to lift bilateral relations to a new development stage that is more substantive and effective.

The average retail price of electricity increases 3% to 1,920.373 VND (0.082 USD) per kWh from May 4, following a decision by the Vietnam Electricity (EVN) on adjusting the electricity retail prices.

Vietnam regrets and resolutely opposes that the Royal Australia Mint and Australia Post have issued items with the image of a “yellow flag”, the flag of a defunct regime, stated the Foreign Ministry’s Deputy Spokesperson Pham Thu Hang on May 4.

HCMC has lately issued various consistent policies to boost innovative startup activities and formed strong connections with global startup communities, helping many startup projects to reap profound benefits.

Through a new project, agricultural products of the border commune of Xin Man of Ha Giang province have gradually built their names and entered foreign markets.

Due to post-holiday blue syndrome, many young people tends to return to the nature with camping, trekking trips to relieve stress and regenerate energy.

In the first four months of this year, Vietnam saw 41 new projects abroad licensed with the investment from Vietnam reaching US$140 million, a decline of 51% compared with that of the same period last year.

The Bo Y 220kV switching substation in the Central Highlands province of Kon Tum will receive electricity from the Nam Kong 2 and 3 hydropower plants of Laos by May 15 this year to integrate it with the Vietnamese electricity grid.

The recent five-day national break from April 29 to May 3 saw tourist destination and entertainment centres across the country attract hordes of holidaymakers, and it was no surprise that the local tourism industry coned it.

Int’l flights, passengers via Noi Bai airport surge during five-day holidays

Promoting the official operation of the specialized cargo transport route in the 1088-1089 area and become a customs clearance route at Huu Nghi (Vietnam) - Youyi Guan (China) international border gate before June 1 2023.

Most companies are slowing down their listing plans in the context of unfavourable market movements and poor business performances, with some even withdrawing their listing documents.

President leaves for coronation of King Charles III

Prime Minister Pham Minh Chinh on May 4 chaired an official welcome ceremony for his Luxembourg counterpart Xavier Bettel who is on an official visit to Vietnam from May 3-5.

A recently released survey by S&P Global indicates that the Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 46.7 in April from 47.7 recorded in March.

After four months without recording a single death caused by COVID-19, Vietnam logged its first case in mid-April, and more than 10 COVID-related deaths have since been documented in the country.

Vietnam slipped into a trade deficit of US$6.4 billion with the Republic of Korea (RoK) during the first quarter of the year, representing a fall of 39.3% year on year, according to the Vietnamese Trade Office in the RoK.

The Ministry of Education and Training (MoET) is urgently perfecting the software system for higher education quality assurance and accreditation.

The Civil Aviation Authority of Vietnam (CAAV) has requested airports and airlines to enforce the regulation on electronic identification and authentication in the aviation sector.

There are about 2.5 million automobiles that need mechanical checks in the next six months, according to the Vietnam Register (VR).

Global and domestic coffee prices are at high levels, providing opportunities for Viet Nam to maintain a coffee export revenue of over US$4 billion this year, a record set in 2022, while the global supply is narrowing down.

Last year over 3.5 billion USD was spent importing CBU (completely built unit) mobile phones in Vietnam, with 1.6 billion USD for iPhones alone.

The HCM City People’s Committee has approved a plan to implement a programme to develop AI applications in the city in the 2020-30 period.