VIETNAM NEWS HEADLINES DECEMBER 23

President’s State visit to Indonesia harvests comprehensive, substantive outcomes

VIETNAM BUSINESS NEWS DECEMBER 23

PM asks Samsung to consider Vietnam a global strategic base

Substandard and illegal alcohol on the rise

Homemade liquor accounts for 70 per cent of unofficial alcoholic drinks, causing an annual loss of US$751 million to the State Budget.

Forest carbon market in Vietnam does not correspond to its potential

The carbon market has been promoted by the international community as an effective financial mechanism to reduce emissions, prevent deforestation and forest degradation, protecting forests.

HCM City opens new night food street in District 3

HCM City has opened a new night food street, Nguyen Thuong Hien, which was officially put into operation on December 21.

MPI releases 2021's sustainable development index, Da Nang tops the chart

The Academy of Policy and Development (APD), under the Ministry of Planning and Investment (MPI) released the 2021 Provincial Sustainable Development Index (PSDI) for cities and provinces across the country on Wednesday.

Tourism industry needs workers, but students uncertain about job openings

Restaurants and hotels have complained about labor shortages after Covid-19, but students at tourism faculties fear they won't be able to find a job.

Vietnam's e-commerce revenue grows by 15% in 2022

Viet Nam's e-commerce revenue in 2022 maintained an increase of about 15 per cent compared to last year, according to the Viet Nam E-commerce Association (Vecom).

The Institute of Han Nom Studies misplaced 25 priceless antique books

It was also mentioned in the statement that the book warehouse staffs realised the books were missing in March-April 2020, during the COVID-19 outbreak.

40,000 drivers found drink-driving

The Vietnamese traffic police have fined up to 40,000 drivers nationwide for excessive blood alcohol levels between November 15 and December 14.

Vietnam to become RoK’s third largest trade partner

Vietnam is expected to surpass Japan to become the third largest trade partner of the Republic of Korea (RoK), just behind China and the US, according to the newswire world.kbs.co.kr.

Vietnam's 121 typical dishes announced

The Vietnam Culinary Culture Association (VCCA) announced 121 typical Vietnamese dishes for 2022 at a ceremony in Ho Chi Minh City on December 22.

Fresh push urged for Vietnamese products

While the position and value of Vietnamese tech products are increasing in the global market with the growing presence of titans, more solutions are urged to encourage more to venture afield into globally, and to fully tap the domestic market.

Digital technology firms thirsty for capital

Recognizing that Vietnam’s digital technology firms are lacking capital to operate, a representative of the Institute of Information and Communications Strategy pointed out three bottlenecks facing firms trying to mobilize capital.

Automobile market expands, but VN manufacturers still at disadvantage

The Vietnam Automobile Manufacturers’ Association (VAMA) reported that in January-November 2022, its members sold 369,334 products, 43 percent up year-on-year.

EVN faces loss of VND31 trillion

Regarding the estimated loss of VND 31,360 billion of Electricity of Vietnam (EVN) Group, Nguyen Hoang Anh, Chairman of the Committee for the Management of State Capital at Enterprises, said "this is a very concerning issue".

Seven NGOs awarded PM’s certificates of merit for contributions to Vietnam’s development

Seven foreign non-governmental organisations (NGOs) on December 22 were granted the Vietnamese Prime Minister’s certificates of merit for their contributions to the country’s socio-economic development as well as its COVID-19 prevention.

Ngoc Chau to wear 'Ca Mau sedge mat' as national costume at Miss Universe 2022

The Miss Universe Vietnam organizing board has announced and handed over the sash and certificate of the right to represent Vietnam at the Miss Universe 2022 pageant to Miss Universe Vietnam Ngoc Chau.

HSBC raises Vietnam’s growth forecast to 8.1% this year but downs next year

HSBC has raised Vietnam’s growth forecast from 7.6% to 8.1% this year but revised down the forecast for next year from 6% to 5.8%.

Ministry of Industry and Trade to inspect Grab, Aeon and Habeco

Big names like Habeco, Aeon, Grab and subsidiaries of BRG and FPT groups will be inspected in 2023 under the Ministry of Industry and Trade’s (MoIT) 2023 inspection plan approved recently by Minister Nguyen Hong Dien.

Over 200 people escape from fire in building in HCMC

Over 200 people timely escaped from a fire in Flemington building in District 11, Ho Chi Minh City on December 22 afternoon.

Vietnamese, German partners seal deal in air transport, logistics

Five partners from Germany’s Leipzig city and Vietnam on December 21 signed a memorandum of understanding on investment cooperation in air transport and logistics.

Vietnam, Indonesia aim to reach 15 billion USD in two-way trade before 2028

Vietnam and Indonesia have agreed to lift two-way trade to 15 billion USD or above before 2028, President Nguyen Xuan Phuc and his Indonesian counterpart Joko Widodo told the press following their talks in Jakarta on December 22.

Criminal proceedings against Hanoi leader launched

The Investigation Security Agency under the Ministry of Public Security has decided to arrest and launch criminal proceedings against Vice Chairman of the Hanoi Municipal People’s Committee Chu Xuan Dung,

National food collection introduced

A 120-food collection featuring traditional dishes from 19 provinces in central Vietnam has been introduced to the national 421-unique cuisine collection after a six-month search in 63 provinces and cities.