Vietnamese banks draw foreign capital

No longer hot on the stock market, yet banking sector remains one of the priorities of foreign investors, with foreign ownership rate in many banks reaching the cap of 30% as regulated.

Global minimum tax impact on Vietnam requires thorough assessment

The Government has requested the Ministry of Finance to evaluate the impact of a global minimum effective corporate tax on the nation’s budget revenue and foreign investment attraction, and on foreign investors.

Japanese firms continue to pour investment into Vietnamese market

Japanese manufacturers and retailers have continuously unveiled plans to expand their investment in VN, while FDI inflows from the coutnry to Vietnam during the first two months of 2023 reached nearly US$146 million.

Tan Hiep Phat's $3 billion ambition tainted by scandal

Tan Hiep Phat Group owned by the family of Tran Quy Thanh is one of the largest Vietnamese owned and wealthiest private corporations.

Close-up at Vietnam’s first anti-terrorist force training program

After 180 days of intense training in harsh conditions, 150 soldiers have qualified to join the first anti-terrorist force in Vietnam.

Japan emerges as largest consumer of Vietnamese seafood

Japan has outpaced the US to become the largest consumer of Vietnamese seafood, although the export of these products to this market decreased by 11% to over US$310 million in the first quarter of 2023.

VN must invest in building larger fuel reserves

Vietnam must invest to raise its fuel reserve capacity, said economists and policymakers during a conference discussing how to encourage investment from the private sector in fuel infrastructure and to stabilise fuel supply and demand.

VIETNAM BUSINESS NEWS APRIL 13/2023

Corporate bond issuance estimated at US$1.05 billion in Q1

VIETNAM NEWS HEADLINES APRIL 13/2023

Vietnam records spike in COVID-19 cases, mostly in the north

Vietnam verifies auction of royal ordination documents in China

The Department of Cultural Heritage under the Ministry of Culture, Sports and Tourism said it is verifying news that some royal ordination documents under the reign of the former Nguyen dynasty will be put up for auction in China.

American vlogger features street food under US$1 in HCM City

YouTuber Dustin Cheverier from the US recently launched a video introducing dishes under US$1 (VND24,000) at Ho Thi Ky market in HCM City.

Inclement weather in VN makes adults, children sick

More people are getting sick due to seasonable changes in the country, facilitating harmful viral, bacterial infections and diseases.

Over 100-year-old trees at Hanoi Botanical Gardens dying

Some century-old trees at the Hanoi Botanical Gardens have died.

Vietnam's appeal as an FDI destination: BCI

Vietnam's draw as a foreign direct investment (FDI) destination remains strong among European business leaders, with 3 per cent more European business stakeholders citing it as one of their top three investment hotspots worldwide.

Slowing realty market hinders big banks in bad debt recovery

Having hold of a large amount of bad debts mortgaged by real estate, Viet Nam’s four biggest State-owned banks are urgently recovering the debts, but the work remains tough for them due to the slowdown of the realty market.

VN's new Identity cards will not have fingerprints, change some information

The revised Law on Citizenship Identity will expand the scope of application compared to current regulations, including people of Vietnamese origin living in Vietnam but whose nationality has not yet been determined.

Enterprises refuse to place ads on 'black list' channels

The Ministry of Information and Communications (MIC) has released a ‘White List’ and ‘Black List’ which enterprises can refer to when they consider advertisement plans.

US State Secretary Blinken to break ground on new $1.2b embassy in Hanoi

In Hanoi, Secretary Blinken will meet with senior officials to build on the momentum of US President Joe Biden’s call with Vietnamese General Secretary Nguyen Phu Trong late last month.

2022 PAPI report reveals poverty as top concern in Vietnam

This year’s PAPI report reflected public optimism about the national economy, with 66.1 per cent of respondents rating the national economy as good in 2022, a 19.4 per cent increase from the previous year.

Australian website suggests impressive experiences in Vietnam

Australian travel website Escape recently listed a range of interesting activities that visitors should experience when traveling to the nation.

Vietnam’s Bamboo Diplomacy: From Tradition to Innovation

In recent years, bamboo has been held in high regard within the concept of the country’s modern diplomacy, to promote a unique and special foreign policy of independence, self-reliance, flexibility, and diversification of relations.

Austrian Foreign Minister Schallenberg to visit Vietnam next week

The Federal Minister for European and International Affairs of Austria Alexander Schallenberg will pay an official visit to Vietnam from April 16-18 at the invitation of Vietnamese Foreign Minister Bui Thanh Son.

Health Ministry issues urgent dispatch on COVID-19 prevention in VN

The Ministry of Health on April 12 sent an urgent dispatch on strengthening the prevention and control of COVID-19 to the People's Committees of all 63 provinces and centrally-run cities.

Nine more Asian records for Vietnamese dishes, specialties recognised

The Asian Record Organisation has recognised nine Asian records for famous Vietnamese dishes/food groups and specialties nominated by the Vietnam Records Organisation (VietKings).

Traditional handicrafts – resources for cultural tourism development

With 1,350 craft villages, including over 300 traditional handicraft villages, Hanoi capital city has abundant resources for the development of cultural industries throughout its metropolitan area.