VIETNAM NEWS HEADLINES MARCH 6/2023

Football: AFC praises Vietnam’s triumph over Qatar in U20 Asian Cup

Vietnam among Top 21 life-changing trips for travelers

Travel+Leisure magazine of the United States has named Vietnam among its list of the Top 21 life-changing trips holiday goers should experience at least once.

First Vietnam Town in the world set to take shape in Thailand

Udon Thani city of the Thai province of the same name is set to develop the first-ever Vietnam Town in order to popularise Vietnamese goods, delicacies, and culture within the local community.

VIETNAM BUSINESS NEWS MARCH 6/2023

Macro uncertainties weigh on market this week: experts

Interest rates gradually cool down

Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2 percent because they are already at the lowest level in the market.

HCM City to remove bottlenecks for development of real estate market

Ho Chi Minh City is determined to remove bottlenecks for the development of the real estate market.

Vietnam's water industry to see multiple M&As

The water industry is set to witness a flood of M&A in the near future as many big players plan to stretch out in the southern region.

New discoveries found after Ho Dynasty Citadel excavation

The Institute of Archaeology and the Centre for Conservation of World Heritage Citadel of the Ho Dynasty held a conference on March 4 to report preliminary findings of excavation of four gates of the citadel.

Woman's handcrafted quilted blankets in much demand

Pham Nhu Quynh, 29, from Hanoi is well-known for her production of blankets, pillows, shirts and hats made by hand stitching fabric and quilting. Her products are works of art that amaze many.

Collecting fees from readers: the path ahead is still challenging

Many newspapers' earnings are on the decrease. Creating sources of revenue from digital platforms is expected to be the solution for Vietnam’s press.

Coffee industry needs sustainable development to target $6b in exports by 2030

The export volume of the 2022-23 crop is also forecast to decrease sharply compared to the previous crop due to little inventory from the 2021-2022 crop.

New decree on placement, trading of corporate bonds issued

The Government has issued a decree on the amendment, supplementation and cancellation of some articles of decrees related to the private placement and trading of privately placed corporate bonds.

Vietnam National Opera & Ballet debuts new ballet

The ballet is choreographed by Nguyen Ngoc Anh based on Dong Ho folk paintings.

Vietnam has potential to develop AI applications

The rise of ChatGPT will promote application of AI in Vietnam, especially with chatbots, voice assistants, and image analysis in healthcare and transportation, Dang Thai Hoa, Deputy General Director of Rikkeisoft and Director of Rikkei AI, said.

VN State Bank grants first credit growth quota for banks in 2023

The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.

Universities keep door open for master’s degree candidates

Universities have loosened input requirements to lure more students to master's degree programs.

Real estate market: developers complain, home buyers recite woes

The property market is facing many complaints from developers. In one case, the developer has completed real estate procedures but is still waiting for a license. The developer is worried as project implementation is nearing the deadline.

Banks offer high-value debts for sale

Big banks are selling both high-value and low-value debts.

China spends $0.5 billion to buy Vietnam’s ‘super-food’

Salangane nest exporters in Vietnam can earn $200-300 million a year. China has signed a protocol on full-tax export of the expensive salangane nests to its market.

Trekking to Lung Cung Peak

Lung Cung Peak, with a height of 2,913 meters, is an ideal trekking destination thanks to its pristine beauty and impressive landscape.

The vitality of white flax on Dong Van stone plateau

White flax on the Dong Van stone plateau is now a closed production chain. Flax products are exported to many countries, a new source of livelihood that helps 40% of the Sa Phin A cooperative's member households escape poverty.

Entertainment and cultural events of the week (March 6-12)

Entertainment and cultural events in Vietnam's major cities on March 6-12.

Apple develops production facilities in Vietnam: Bloomberg

AirPods maker GoerTek Inc. is investing an initial US$280 million in a new Viet Nam plant, Deputy Chairman Kazuyoshi Yoshinaga said in an interview with Bloomberg.

Meritorious artist Vu Linh passes away at age of 65

Meritorious artist Vu Linh, known as the “king” of cai luong (reformed opera), passed away at his home at the age of 65 after many years of severe illness.

Hanoi to introduce electronic ticketing for public transport in 2024

Hanoi’s transport department is planning to introduce a unified electronic ticketing system for its public bus and metro services in 2024.