More parking lots needed in inner cities

There is not enough land for parking lots to meet demand, according to the Ministry of Construction (MOC). The ministry has received complaints from voters in Da Nang City about the lack of car parking lots.

Why does Vietnam attract global tech giants?

Tax incentives, low labour costs, along with plenty of other favourable policies can be considered the primary reasons why a number of global technology giants have chosen Vietnam as their base for production.

Experts call for review of EVFTA to build on positive results

Since the EVFTA came into effect on August 1, 2020, Vietnam's two-way trade turnover has achieved impressive growth, despite the severe impact of the COVID-19 pandemic, logistics and supply chain crisis, and geopolitical fluctuations.

The 'machines' that take water to the fields in Thanh Hoa

An effective tool in agricultural production, the waterwheel that takes water to the fields, has become a feature of Thanh Hoa province.

Conquer the Tay Giang Mountain Marathon to celebrate New Year

The tournament, limited to 250 runners, is the latest mountain race announced in the country.

Vietnam internet providers have backup plan as undersea cables still face problems

Three undersea fiber optic cable routes - APG, AAG and AAE-1 - connecting Vietnam to the world have continued to encounter errors. Local internet providers have come up with solutions to provide uninterrupted service.

Real estate absorbs over 4.4 billion USD in FDI

Foreign direct investment (FDI) in real estate topped 4.4 billion USD as of December 20, accounting for over 16% of the total FDI capital registered in Vietnam, and up 1.8 billion USD year-on-year.

VIETNAM BUSINESS NEWS DECEMBER 28

PM asks banking sector to ensure legitimate interests of people, businesses

Vietnam’s outbound investment reaches US$534 million in 2022

Vietnamese businesses poured nearly US$534 million into their projects abroad in 2022, a sharp increase over last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Hanoi's first ever literature tour launched

The visit takes place in the Vietnam Literature Museum, which covers an area of around 3,000sq.m and features displays of more than 3,454 artefacts representing the quintessence of Vietnamese literature.

VIETNAM NEWS HEADLINES DECEMBER 28

Milestones of Vietnam’s joining of peacekeeping operations hailed

MIC to stop websites acting like newspapers

In 2022, the number of licensed news websites and social networks decreased by 10-30 percent compared with 2021.

Auto inspection centers to be probed nationwide

An interdisciplinary team led by the leader of Vietnam Register will inspect the overall operations of auto registration centers in the country from January 1 to December 31, 2023.

Finance Ministry to strengthen the capital market

Besides amending and supplementing the decree on offering and trading private placement corporate bonds in the domestic and foreign markets, the ministry will also review the Law on Securities and the Law on Enterprises.

Fees charged for recycling to take effect in 2024

High fees charged for recycling would provide an incentive for manufacturers to re-design their products and packages in a more environmentally-friendly way.

Snow covers Fansipan Mountain peak today

Heavy snow fell early on December 28 morning when the temperature dropped below zero, blanketing Fansipan Mountain peak and a large area down the mountain.

Hanoi closes more than 1,100 karaoke parlors, discos

Hanoi authorities have suspended the operation of more than 1,100 karaoke parlors, bars and discos that were not ensuring fire prevention and rescue work.

Gov’t to add over VND900b to Hanoi’s metro line project

The Government has decided to add over VND900 billion to the Cat Linh-Ha Dong metro line project in Hanoi.

National council auctions licences for import of 200,000 tonnes of sugar

The inadequate supply has left the Ministry of Industry and Trade (MOIT) with no choice but to call for bidders for the additional import quotas of 200,000 tonnes.

Agriculture ministry asked to build 180-day action plan against IUU fishing

Prime Minister Pham Minh Chinh has asked the Ministry of Agriculture and Rural Development (MARD) to build a 180-day action plan to combat illegal, unreported and unregulated (IUU) fishing, as recommended by the European Commission (EC).

10-year journey of HCM City’s Ben Thanh-Suoi Tien metro route

Ben Thanh - Suoi Tien metro route is now on a trial run after 10 years of construction before commercial operation in late 2023.

Vietnam among world’s top 5 factories of the world

India, Vietnam, Thailand, Malaysia, and Bangladesh are stepping up to replace China to become the world's industrial hubs, according to magazine Business Insider of the United States.

HCM City budget revenue expected to reach VND470 trillion in 2023

HCM City plans to earn budget revenue of VND470 trillion in 2023, a great challenge for the city in the current situation.

Over 43% of HCM City’s students are overweight or obese

In 10 years (2009-2019), the percentage of obese and overweight students in HCM City has doubled.

Revenue from mobile digital content drops

Monotonous content with little creativity is why the revenue of businesses providing services on mobile telecommunications networks in 2022 dropped by 20 percent.