Vietnam has dual opportunity from offshore wind power: Danish Ambassador

Developing offshore wind power is a great dual opportunity for Vietnam, Danish Ambassador to Vietnam Nicolai Prytz told a seminar in Hanoi on March 16.

Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam was Spain's largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million EUR (287 million USD), up 21.6% in volume and 78.9% in value against 2021.

Vietnam Railways Corporation to be restructured

The Vietnam Railways Corporation (VNR) and its affiliated companies will focus on core business operations and have solutions to handle less effective projects in the coming time.

VIETNAM BUSINESS NEWS MARCH 16/2023

Reaching 6% export growth this year will be a challenge: MoIT

Police warn against financial investment offers on unverified Telegram channels

The Hanoi's police have asked citizens to stay vigilant in order not to be lured to make financial investments following the offers of unverified Telegram channels and accounts.

South Korea wants to recruit 12,000 Vietnamese workers

South Korea is seeking to employ more than 12,000 Vietnamese workers this year, mainly for the manufacturing and fishery industries, according to the Ministry of Labour, Invalids and Social Affairs.

VIETNAM NEWS HEADLINES MARCH 16/2023

Vietnam seeks stronger partnership with Spain

Part 1: VND5 million a month not enough for physician to live a normal life

“As I have worked for 22 months, I had to pay compensation of VND44.5 million for 14 months, in cash. I was dazed because of the figure,” N.N.A., a physician in HCM City, said.

Vietnam: new destination for Asian multinationals

Regional and global foreign investors and multinationals operating in Vietnam are contributing to more than 80 percent of export turnover and 25 percent of domestic investment value.

Revenue from cybersecurity sector up 33 per cent in Q1

The sector contribution to the state budget surged by 50.6 per cent over the same period last year.

Former staff member of Vietnamese Embassy in Malaysia investigated

The Ministry of Public Security on March 15 launched probes into a former staff member of the Vietnamese Embassy in Malaysia and eight others for suspected wrongdoings related to repatriation flights amid the COVID-19 pandemic.

Vietnam to expand list of countries eligible for visa exemption

VN will expand the list of countries eligible for visa exemptions and extend the duration of stay for international tourists as part of the efforts to support the tourism sector, PM Pham Minh Chinh said.

Gov’t supports real estate market revitalisation

The Government has recently issued Resolution 33/NQ-CP, dated March 11, 2023 introducing some solutions to remove difficulties and promote the safe, healthy, and sustainable development of the real estate market.

Chinese travel firms place trust in Vietnamese market recovery

Chinese travel firms have firmly backed the recovery of the Vietnamese market and are actively preparing tourism products in a bid to capitalise on opportunities during the upcoming holiday.

Tourism is proceeding more slowly than expected

Vietnam plans to receive 8 million foreign travelers in 2023, the same level as Cambodia. But airlines and traveler firms are complaining about poor patronage.

Vietnam in good position as FDI destination: Experts

As Vietnam moves toward upper-middle-income status, experts urge the country to focus not only on attracting traditional FDI in industrial production but also on knowledge-based investment and innovation.

Enterprises have land but cannot build factories

New projects in industrial zones cannot get land-use rights certificates. So, they cannot mortgage the land for bank loans, ask for permission to build factories on the land or join the city’s demand stimulus program.

Momentum for seaports hard to retain

While complex global developments are affecting the performance of seaports, action is needed to ensure growth momentum.

Tech retailers cut prices but sales remain slow

Tech retail chains are experiencing the toughest days in their history. They have had to sell products at a loss and negotiate with landlords on slashing rent.

Tay Ho's brandnew look: A proper makeover for real estate opportunities

Nestled in an idyllic location renowned for its picturesque landscapes and auspicious feng shui, Tay Ho (West Lake) area has long been hailed as the crown jewel of real estate investment opportunities in Hanoi.

Neem leaves salad: A speciality of An Giang province

Neem leaves salad, or ‘goi sau dau’ in Vietnamese, is among the most famous dishes of the Mekong Delta province of An Giang.

Brokerages set different targets for 2023

Although 2023 is forecast to be a difficult year, many securities companies still set a target of positive profit growth in 2023, besides some others adopting more prudent plans.

Vietnam joins international efforts in human trafficking prevention

Vietnam is making efforts to materialise the Global Compact for Safe, Orderly and Regular Migration in line with the Prime Minister’s Plan dated March 20, 2020.

Number of teachers quitting at alarming rate

The country saw a particularly alarming trend of more teachers leaving their jobs.

Bond rule tweaks loosen constraints

To address issues of transparency and investor protection, the government has issued a new decree that introduces several key changes to the regulatory framework for corporate bonds in Vietnam.