VIETNAM BUSINESS NEWS NOVEMBER 25

Vietnam export promotion forum to be organised in HCM City

Stock market in turmoil as investors withdraw

The current stock market seems no longer lucrative enough, with both domestic and foreign investors racing to sell off.

E-commerce week and Online Friday 2022 to open next week

An e-commerce week will be held from November 28 to December 4 while Vietnam Online Shopping Day - Online Friday 2022 is scheduled to last from December 2-4, according to the Ministry of Industry and Trade (MoIT).

Wind-power equipment: market with great potential

Vietnam has a large-scale mechanical industry market worth tens of billions of USD per year. However, domestic mechanical enterprises always lack orders.

Dengue fever deaths in Vietnam sharply rise

Dengue fever in Vietnam is now at a peak with a sharp increase in deaths.

Shops and stores offer up to 99 percent discounts on Black Friday

Many shopping centres and stores in Hanoi and HCM City are offering discounts of up to 99 percent around the Black Friday shopping event which falls on the national Vietnam Grand Sale 2022 promotion month.

Billions of USD in foreign investment heading for Vietnam

Vietnam now has the opportunity to receive a new capital flow worth billions of dollars as it has caught the attention of many foreign investors.

E-visa procedures for foreigners to enter Vietnam

E-visa procedures are the fastest, most convenient, and most comfortable way for foreigners to apply for a visa to enter Vietnam.

Corporate bond market needs ‘major surgery’

The redemption of bonds before maturity and bond restructuring have eased  pressure on the corporate bond market. However, the market needs comprehensive reform after the last hot development campaign.

Employers struggle to offer 13th-month salary to workers

Though difficulties in production and cash flow, employers are still promising to give 2023 Tet bonuses to their workers.

Hanoi’s ancient village in the eyes of a foreigner

Through many ups and downs, Dong Ngac Ancient Village has managed to retain its vestiges, demonstrating rich cultural heritage and traditional fondness for learning of the capital city.

Borussia Dortmund bring huge delegation to face Vietnam in friendly

Borussia Dortmund have left for the Asia Tour and will arrive in Vietnam with a delegation of 123 members on November 29.

Voters question effectiveness of BRT, call for improvements

The Hanoi People's Committee cited data showing that between 2017 to 2019, the total number of passengers using BRT fluctuated between 4.9-5.5 million/year and increased year by year.

Foreigners flock to Hanoi street to cheer on World Cup

Many foreign tourists are rushing to Ta Hien Street in Hanoi’s Old Quarter to watch World Cup matches.

Fertilizer seen becoming billion-dollar export earner

Vietnam’s fertilizer exports have climbed to a record high between January and October and are projected to surpass US$1 billion this year.

Driving centres ask to delay virtual cabin requirement

Many driving training centers are balking at regulation that requires them to purchase virtual cabins costing billions of dong to train drivers

Investors seeking townhouses amid gloomy outlook of apartment market

While the gloomy outlook also haunted the city's apartment market with sales plunge, investors are seeking houses in existing residential areas with available social infrastructure such as markets, and schools to buy.

Passenger number through Vietnamese airports hits record high

The number of passengers passing through local airports reached 90.8 million during the initial 11 months of this year, up 221% compared to the same period last year, according to the Civil Aviation Authority of Vietnam (CAAV).

Nearly US$7.4 billion spent on fuel imports from Jan-Oct

Vietnam spent some US$7.4 billion importing 7.12 million tons of oil and gasoline products between January and October, up 22.7% in volume and 124% in value year-on-year.

Over 200 activities to be held at National Tourism Year 2023

The south-central province of Binh Thuan will host Vietnam’s National Tourism Year 2023 which will feature 204 activities.

Buon Ma Thuot airport proposed to serve international flights

Dak Lak Provincial People's Committee has just proposed upgrading Buon Ma Thuot Airport to an international airport.

Former director of AIC prosecuted for paying bribes

The Supreme People's Procuracy has issued an indictment against 36 defendants for violations related to equipment procurement bidding packages for a hospital project at Dong Nai General Hospital.

578 Magnum vies for award at Tallinn Black Nights Film Festival

Vietnamese action movie “578 Phát Đạn Của Kẻ Điên”, known as “578 Magnum” in English, competes in the Grand Prix for the Best Film Award at the 26th Tallinn Black Nights Film Festival (POFF) which is currently underway in Estonia.

Germany Lufthansa Cargo debuts Hanoi flight

German airline Lufthansa Cargo announced on November 24 that it will begin operating its first direct flight from Frankfurt in Germany to Noi Bai International Airport in Hanoi.

UFO-shaped clouds shrouding Vietnam mountain

Images of a rare natural phenomenon have been recorded at Ba Den Mountain in the south-western province of Tay Ninh, with its peak surrounded by white clouds which look like unidentified flying objects (UFOs).