‘Clean’ energy - the lever to develop ‘green’ tourism

Solar energy has recently been considered one of the breakthrough industries that can bring impressive profits to businesses.

Builders eye sea sand for construction as river sand runs out

The General Department of Geological and Minerals of Vietnam is urgently carrying out work related to assessing sea sand exploitation for levelling highways, transport and urban infrastructure projects in the Mekong Delta.

VIETNAM BUSINESS NEWS FEBRUARY 20/2023

Market expected to continue struggling this week

HCM City hosts 8th Vietnam – Japan Festival

The 8th Vietnam - Japan Festival will take place from February 23 – 26 in HCM City, with a wide range of activities in art, entertainment, culture, cuisine, trade and tourism.

Mekong Delta seeking feasible measures for sustainable sand exploitation

The sand demand in the Mekong Delta is quite high, especially with the North-South Expressway project going on. Yet, the sand volume here is remarkably decreasing, leading to an urgent need for feasible proposals on sand exploitation.

Entertainment and cultural events of the week (February 20-26)

Upcoming entertainment and cultural events in Vietnam's major cities on February 20-26.

VN auto sales growth may slow after record 2022: experts

Vietnam’s auto industry broke its sales record last year with its highest revenue and profit. This year, sales growth is expected to slow due to many negative issues, auto experts predict.

Vietnamese entrepreneurs need to prepare for the funding winter

Vietnamese entrepreneurs have to think for the long term as raising funds for startups has become more challenging in recent years.

Thai largest retailer to pour over US$1.4 billion in Vietnam

Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion baht (1.45 billion USD) in the 2023-2027 period to accelerate its market presence in the country.

Vietnam’s rescue team discovers 15 sites with quake victims in Turkey so far

The rescue team from the Vietnam People’s Army (VPA), in coordination with Turkish authorities, continued searching for earthquake victims in Hatay province on February 19.

Ao dai designs draw attention at fashion week in London

Fifty Vietnamese Ao dai sets of Love Collection brand for both adults and children opened Segment ONE of the House of iKons Fashion Week 2023 on February 18.

Over US$310 million earmarked for VN's rail infrastructure development this year

Six projects worth over 7.4 trillion VND (310.46 million USD) are expected to begin this year serving railway infrastructure upgrade.

Korean musician brings Vietnamese beauty to the world

Joseph Kwon, a singer-musician from the Republic of Korea (RoK), has helped promote the beauty of landscapes, culture and people of Vietnam to the world through his music.

Fiscal policy forecast to be key driver for Vietnam’s growth in 2023

Deputy Minister of Industry and Trade Do Thang Hai said the fall in global import demand for Vietnam's strong goods would negatively impact the country's exports this year.

EU Green Deal poses challenges to Vietnamese businesses

The EU Green Deal is a set of policies that includes new measures and efforts to transform the EU’s economy for a sustainable future.

Hospitals in HCM City face overcrowding

The Department of Health of HCM City has proposed to the People's Committee of HCM City to build new hospitals to improve medical examination and treatment facilities and reduce overcrowding at some hospitals in the city.

Ministry considers allowing businesses to pay bond interest in shares, realty products

The Ministry of Finance has proposed that the Government consider allowing enterprises to pay principal and interest on bonds in shares and real estate products.

IELTS certificate favored over local VSTEP

Vietnam has an exam to assess English proficiency called the Vietnamese Standardized Test of English Proficiency (VSTEP). However, very few universities in Vietnam accept students with this certificate.

Who are the main providers of big property loans?

Of 10 listed commercial banks with the largest charter capital, VIBBank has the lowest amount of real estate loans, while Techcombank is the biggest lender.

Room for industrial real estate development remains high due to short supply

The industrial real estate sector has good prospects in 2023 due to short supply, a shift in the supply chain to Vietnam and its favourable investment policies, experts said.

Bancassurance brings trillions of VND to banks

Some clients have lodged a complaint to Ministry of Finance (MoF), saying that deposits at Saigon Commercial JS Bank (SCB) include unwanted Manulife insurance policies.

Philippe Troussier has good team of Vietnamese assistants

The new coach of the Vietnamese national football squad Philippe Troussier will use many Vietnamese assistants.

Ministry to help expand markets for Make-in-Vietnam games

The aim is to help Vietnam’s game industry rid itself of prejudice about its harm to people, and serve as a ‘touching point’ for game firms to reach out to the global market.

Hanoi: Many areas flooded with garbage

Local residents block Hanoi garbage dump over land compensation dispute.

Red River Delta at turning point for growth

The Red River Delta is a leading center for education, health, technology, and research, with a skilled and abundant workforce while boasting a well-designed transportation system.