Land fee reduction extension proposed for 2023

The Ministry of Finance has proposed extending the 30% land use fee reduction for businesses, households and individuals this year to further facilitate the country’s economic recovery.

VIETNAM NEWS HEADLINES JANUARY 17

AFF Cup 2022: Vietnam, Indonesia play to goalless draw

Action plan needed to turn HCM City into Southeast Asia economic hub: Deputy PM

A government action plan is needed to develop a digital economy in HCM City and make it a Southeast Asian economic hub by 2030, Deputy Prime Minister Nguyen Minh Khai has said.

Textile, leather and footwear exports fetch US$71 billion

Despite enduring numerous difficulties, the garment, textile and leather footwear sectors raked in US$71 billion last year, according to details given by the Vietnam Textile and Apparel Association (Vitas).

National Assembly approves Resolution to prioritise development of nation's labour force

Developing Vietnam's labour force remains a key priority for the country in the coming decades, according to a governmental resolution approved by the National Assembly (NA) recently.

VIETNAM BUSINESS NEWS JANUARY 17

Wood exports to hit record of 18 billion USD this year

Tien Linh claims top goal scorer award at AFF Cup 2022

Vietnamese striker Nguyen Tien Linh was awarded the top goal scorer award at the AFF Cup 2022, sharing the prestigious prize with Thai player Teerasil Dangda.

Vietnam remains top 5 global investment sites for EU firms

The confidence of European enterprises in Vietnam’s economy declined for a second quarter but the S-shaped country still remains in the top five global investment destinations for their companies.

Strong cold spell hits northern region, to last through Lunar New Year holiday

A strong cold spell hit northern provinces on Monday morning, dropping temperatures by 10 degrees Celsius compared to the previous day.

Ministry proposes issue chip-based citizen identification card for children under 6

The Ministry of Public Security has proposed that children under the age of six, can receive both birth certificate and chip-based citizen identification card at the same time when their birth is registered.

Central bank pumps more money into circulation

The State Bank of Vietnam (SBV) has pumped more money into circulation after three weeks of consecutive net withdrawal. Overnight interest rates are high, while liquidity demand has increased on pre-Tet days.

Many families cancel Tet tours because of high fees

In recent years, Vietnamese have traveled during Tet holidays. However, many of them have canceled Tet tours this year because of high prices.

Dragon fruit prices surge, farmers earn big

Dragon fruit prices have unexpectedly soared. Merchants are rushing to export to China.

Deputy PM asks for Switzerland’s cooperation in education, technology

Deputy Prime Minister Tran Hong Ha has suggested Switzerland share experience and cooperate with Vietnam in the areas of education-training and science-technology as well as innovation, digital transformation, and vocational training.

Man revives use of old-fashioned signboards in HCM City

Hand-painted signs in the style of the 80s and 90s are still popular with many business customers, especially those who order signs from Mr. Nguyen Hoai Bao.

Performance on the up as illustrated by budget figures

Contrary to projection of a deficit, Vietnam’s state budget landscape in 2022 has witnessed a major surplus, with enterprises in general gradually weathering difficulties to ensure their performance.

Automobile sales record made in 2022

With 500,000 cars sold in 2022, Vietnam’s automobile market hit a milestone on the path to become one of the largest automobile markets in Southeat Asia, besides Thailand, Indonesia and Malaysia.

Vietnam to develop 1 million social housing units

The government has designed a program on developing 1 million social housing units, committing to apply serious measures to complete the program on schedule.

Swindling websites on the rise in Vietnam

Since early December, Chong lua dao has discovered nearly 500 websites that have tricked users out of information about bank accounts, e-wallets and credit cards, 3.6 times increase compared with the previous month.

A difficult year ahead but there is room for economic growth

Although the economy was forecast to continue facing difficulties and challenges in 2023, there were silver linings to pin hope on, experts said.

Farmers face losses as hog prices continue to drop

Pig farmers in southern of Vietnam are potentially facing huge losses before Tet (Lunar New Year) as pork prices have plummeted by 15-20 per cent in the last two months.

FTAs a silver lining for economic growth

The country's trade surpassed the milestone of $700 billion in value to hit $73.5 billion in 2022, a rise of 9.5 per cent against the same period of the previous year, according to the updates of the General Statistics Office.

Vietnam sees decrease in traffic accidents

Traffic accidents in Vietnam have seen drops in all the three criteria of cases, fatalities and injuries since the launch of a campaign to ensure safety and order for the upcoming Tet (Lunar New Year) holiday.

Hai Phong city has new Party Committee Secretary

Le Tien Chau has been assigned by the Party Central Committee’s Political Bureau to undertake the position as Secretary of the Party Committee of Hai Phong city for the 2020-2025 tenure.

AFF Cup 2022: Surpassing Vietnam, Thailand retain championship

Thailand beat Vietnam 1-0 in the second leg of the AFF Cup 2022 final on January 16 at the former’s Thammasat Stadium.