Vietnam News Headlines December 17/2024

HCM City arranges 17 bus routes for better connectivity with Ben Thanh-Suoi Tien Metro

Vietnam’s stock market set for a promising year in 2025, says VFS expert

Vietnam’s stock market is expected to thrive in 2025, with a GDP growth target of 6.5% - 7% and favorable conditions attracting foreign and domestic investment.

Homeland Spring 2025 programme to take place from January 18-21

The Homeland Spring 2025 programme is slated to take place in Hanoi from January 18-21, or from the 19th to the 22nd of the last lunar month of the Year of the Dragon.

Vietnamese women's football team rank 6th in Asia

The Vietnamese women’s national football team wrapped up 2024 by ranking 37th in the latest FIFA World Rankings, 6th in Asia, and 1st in Southeast Asia.

Vietnamese students excel in mathematical skills, win big at int’l contest

Vietnamese students delivered exceptional performance and secured top honours at the 2024 UCMAS International Competition that took place in India from December 14-15.

Hanoi’s master plan targets per capita GRDP of 46,000 USD by 2050

Hanoi’s per capita gross regional domestic product (GRDP) is expected to hit 45,000 - 46,000 USD while the urbanisation rate reach 80-85% by 2050, according to a newly-approved master plan for Hanoi in the 2021 - 2030 period with a vision to 2050.

Government approves $1.4 billion for Metro Line 2 in Hanoi

The Nam Thang Long – Tran Hung Dao metro line, approved with a VND 35.588 trillion ($1.4 billion) investment, will begin construction in 2025, marking a crucial step in Hanoi’s urban transit development.

More than half of Japanese firms plan to expand in Vietnam: Survey

More than 56% of the Japanese companies currently operating in Vietnam have said they plan to expand their operations in the next year or two, according to the latest survey by the Japan External Trade Organisation (JETRO).

Severe cold spells forecast for January and February

The northern region of Vietnam will experience severe cold spells, with frost and ice in the first two months of 2025, especially in mountainous northern areas.

Air quality and noise pollution fail standards in majority of HCMC schools

While Ho Chi Minh City schools excel in handwashing facilities, air quality remains a major concern, with only 28% meeting required CO2 standards.

Over 56mil motorbikes face emissions testing: Will congestion become a problem?

While emission testing for motorbikes is being prepared, the Vietnam Register clarified that inspections will not begin automatically on January 1, 2025.

General Phan Van Giang welcomes Belarusian Defense Minister on visit to VN

General Phan Van Giang hosted a welcoming ceremony for Belarusian Defense Minister Khrenin Viktor Gennadievich, marking a significant step in strengthening bilateral defense cooperation.

Foreign tourists experience authentic rural life in Vietnam

In rural Vietnam, Western tourists discover the charm of a slower pace of life, participating in tasks like harvesting tea, cooking, and even preparing pig feed.

T.h.ờ.i g.i.a.n: A dialogue between art and ancient architecture

Painter Tran Nhat Thang and architect Tung Le join forces to present T.h.ờ.i g.i.a.n, an exhibition where ancient wood structures become sculptural canvases for modern abstract art.

Vietnam introduces green labels for eco-friendly vehicles in 2025

The Ministry of Transport has introduced green, orange-yellow, and pink-purple inspection labels, effective January 2025, to distinguish clean energy vehicles and others.

$1.37 billion super data center and undersea cable planned in Ba Ria-Vung Tau

Ba Ria-Vung Tau Province has approved a survey for two major projects, including a VND 35 trillion ($1.37 billion) super data center and undersea fiber optic cable, aimed at advancing digital infrastructure and international connectivity.

Home Affairs Minister vows humane policies for streamlined gov't restructuring

Minister Pham Thi Thanh Tra affirmed the government’s commitment to humane and fair policies for employees impacted by restructuring efforts, ensuring talent retention and stability during the transition.

Simcards, both trunk and ready-activated, are still being sold in the open air

Trunk simcards still exist but the number has decreased significantly following the Ministry of Information and Communications’ (MIC) instructions to eliminate them.

Vietnam home to 174 FDI projects in semiconductor sector

Vietnam has emerged as a burgeoning hub for the semiconductor industry, now home to 174 foreign-invested projects with a total registered capital of nearly 11.6 billion USD, according to Minister of Planning and Investment Nguyen Chi Dung.

TikToker Mr. Pips fraud exposes risks of online investment schemes

The Authority of Information Security has issued warnings against financial scams, citing TikToker Mr. Pips’ case as a wake-up call for Vietnamese netizens.

Small nuclear reactors could power Vietnam’s net-zero future: experts

Two Vietnamese professors who are working in the US have offered insights into the potential and challenges of nuclear power development in Vietnam, recommending an approach centred on small-scale nuclear reactors.

Vietnam’s National Assembly reform: Balancing expertise and efficiency

By rationalizing its advisory and support structures, Vietnam’s National Assembly aims to enhance efficiency and legislative impact.

Vietnam’s e-commerce boom: a 5.8 bln USD opportunity by 2028

Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.

Vietnam International Defense Exhibition extends public visiting hours

The Vietnam International Defense Exhibition 2024 will open four hours earlier than scheduled, allowing the public more time to explore Vietnam and global defense industry achievements.

Vietnamese airlines achieve 68% on-time performance in November 2024

Bamboo Airways recorded an on-time performance rate of 86.8% in November 2024, maintaining its top position among domestic carriers. Meanwhile, overall industry OTP declined by 16.2 percentage points year-over-year.