The paradox of low inflation-high interest rates should be resolved

Vietnam's lending interest rates are higher than many countries in the world, while last year, Vietnam was one of the countries with the lowest inflation level. This paradox needs to be explained to find solutions to ease the burden on businesses.

Around $370 million in FDI inflows flood the real estate sector

Foreign capital is pouring swiftly into the real estate market despite the depressing internal environment.

Restoring confidence at centre of bond provisions

The newly introduced alternatives to a corporate bond decree are envisaged to lay a foundation for issuers to address their difficulties, relieve liquidity strains, and gradually restore investor confidence.

Inflation threat with rising power costs

Maintaining control over power prices exerts significant pressure on the electrical business, but rising electricity prices may expose the economy to the hazards of inflation.

International tourism still slack in Vietnam

Vietnam was unable to meet its goal of welcoming five million international tourists in 2022.

Vietnam's real estate market ponders how to get out of slump

A shortage of affordable housing products, a high number of outstanding loans, and many bankrupt real estate firms are some of the problems mentioned at the recent national conference on the Vietnamese real estate market.

Vietnam’s AI leadership status is blossoming: Forbes

Vietnam has a strategic vision for AI innovation and it is blossoming, highlighted in a recent article released by the Forbes.

Spreading Vietnamese music across borders

According to musician Quoc Trung, collaboration with foreign composers and singers is still a long way to go for Vietnamese music to gain a foothold in the international market.

Severe, widespread medical shortages lead to elective surgery delays

This decision was made to allocate medical equipment and resources towards patients in critical condition, leaving many patients waiting for treatment.

Taxes and emissions among growing digital concerns

The digital economy in Vietnam has strong growth potential, but faces a number of significant hurdles, including losses in tax revenue, infrastructure challenges, and vast carbon emissions.

VIETNAM BUSINESS NEWS MARCH 3/2023

Railway, seaport networks need to be arteries of economy: Deputy PM

Vietnam in Group C of Women's Olympic Football Asian Qualifiers

The Vietnamese women’s football team will play Nepal and Afghanistan in Group C of the Women’s Olympic Football Asian Qualifiers, according to the Asian Football Confederation (AFC).

Golden Ball winner Van Quyet earns recall to national squad

Striker Nguyen Van Quyet, who won the Vietnamese Golden Ball 2022, has joined 21 other local footballers to take part in the first gathering of the national men’s football team this year.

Local doctor to compete at Mister Universe Tourism 2023

Huynh Vo Hoang Son who is currently working as a doctor at the Military Hospital 175 will represent the nation at the Mister Universe Tourism 2023 male pageant which will be held from March 12 to March 21 in Bali in Indonesia.

Hue Festival 2023 to get underway from late April

The Hue Festival 2023 is set to take place from April 28 to May 5, with the cultural event featuring a diverse range of activities to introduce Vietnamese culture to the world, according to the organising board.

Hanoi to submit amended Capital Law to parliament in May 2024

The upcoming Capital Law would help Hanoi address its shortcomings and current needs to ensure long-term growth in the next development phase.

SSC warns fraudsters are impersonating local investment funds

The State Securities Commission (SSC) advises investors to check and compare information before trading or investing according to information on websites or accounts on social networks.

VIETNAM NEWS HEADLINES MARCH 3/2023

USAID Administrator Samantha Power to visit Vietnam

Buon Ma Thuot coffee festival scheduled in March

The 8th Buon Ma Thuot Coffee Festival will be organized by Dak Lak province in March 2023 with the theme "Buon Ma Thuot – Destination of the world’s coffee".

Lai Chau, Vinh Phuc rocked by mild quakes

A series of quakes struck Lai Chau and Vinh Phuc provinces this morning, March 3, rattling local homes but causing no major damage.

Outstanding policies come into effect from March

A series of new policies on e-passport issuance, perquisites for employees working in dangerous, hazardous conditions, management,

HCM City to remove challenges facing 116 property projects

The HCM City government has instructed the Department of Construction to resolve the problems faced by 116 real estate projects, mostly legal bottlenecks, a demand made by the HCM City Real Estate Association (HoREA).

Vietnam closely monitors foreign entrants from H5N1-stricken areas

Vietnam keeps an eye on severe pneumonia cases in medical facilities and transport of poultry.

Transport Ministry to check takeoff, landing slot management at 3 airports

The Transport Ministry has decided to form a task force to examine the management and coordination of airport slots at three international airports of Noi Bai, Da Nang, and Tan Son Nhat.

An unusual procession on Hanoi streets

Traffic on the road from Nguyen Trai to Nga Tu So (Hanoi) was disturbed on the morning of March 3 because of a unique procession of the festival of five villages in Hanoi.