29 countries to showcase products, technologies at Vietnam Int’l Defense Expo

The Vietnam International Defence Expo 2022 ((VIET NAM DEFENCE 2022) will take place in Hanoi from December 8-10, the Defence Ministry announced at a press conference on November 24.

Vietnam sends seven more peacekeepers to UN missions

The Defence Ministry handed over to seven army officers the President’s decisions to send them to UN peacekeeping missions at a ceremony on November 24.

Permanent Court of Arbitration rep. office inaugurated in Vietnam

Vietnamese Foreign Minister Bui Thanh Son and Permanent Court of Arbitration (PCA) Secretary General Marcin Czepelak cut the red ribbon inaugurating the PCA Representative Office in Hanoi on November 24.

Metaverse could generate $9-17 billion per year in Vietnam by 2035

A recent analysis performed by Deloitte estimated that the potential 2035 economic impact of the metaverse in Vietnam is $9-17 billion per year.

Hanoi police publicize websites faking securities companies for scamming

At fake websites, subjects instruct and suggest individuals access fraudulent links to perform multi-bank money transfer services.

International Muay Thai championship to be held in Vietnam

The 2023 MTGP Vietnam Championship, an international Muay Thai tournament, is set to take place in Ho Chi Minh City in March 2023.

VIETNAM BUSINESS NEWS NOVEMBER 24

State bank orders credit institutes not to force customers to buy insurance

Vietnam, Philippines look toward US$10 bln in trade by 2026

Chairman of National Assembly Vuong Dinh Hue today reiterated the goal of lifting two-way trade between Vietnam and the Philippines to $10 billion in a more balanced manner by 2026 when they celebrate the 50th anniversary of diplomatic ties.

Former deputy minister of Health receives 30-month suspended sentence

Former Deputy Minister of Health Cao Minh Quang has been jailed for 30 months, but the People’s Court of Hanoi suspended the sentence meaning he will not go to prison.

Singer Ha Phuong joins Daniel Wu, Andy Cheng at Asia World Film Festival

As an honored guest at the Asia World Film Festival (AWFF), Vietnamese- American singer Ha Phuong had the opportunity to meet many famous Asian artists like actor Daniel Wu and martial arts star Andy Cheng.

Hanoi streets filled with Christmas atmosphere

Some streets in Hanoi’s Old Quarter are already filled with a Christmas atmosphere.

VIETNAM NEWS HEADLINES NOVEMBER 24

Welcome ceremony held for Ugandan President

Construction ministry to inspect over VND100-billion projects

The Ministry of Construction has assigned its inspectorate to organize inspections of those projects valued at over VND100 billion, mainly invested by local authorities, state-owned enterprises and corporations in 2023.

Vietnamese spend US$2 billion on tobacco a year

A workshop providing the press with information on the use of tobacco in Vietnam, challenges in minimising tobacco use and solutions to them was held by the Ministry of Information and Communications in Hanoi on Wednesday.

Expensive pine trees imported for Christmas

Imported fresh pine trees are now available in the local market. The prices vary, including super-expensive ones priced at up to VND150 million (US$7,000).

Blockchain integrated into Make-in-Vietnam browser

The Vietnamese-developed browser and search engine CocCoc will join KardiaChain to develop an integrated wallet to promote the use of Blockchain and Web3.

Phu Quoc to become 'livable city for global citizens'

As a short-term vacation spot, Phu Quoc is also expected to become an ideal place for diverse living demands of global citizens in the future.

Another Hanoi's urban rail system to be tested early next month

The Nhon-Hanoi Railway Station urban rail system in the capital city will undergo a test run starting from December 5 in limited conditions, according Sytra – the consulting contractor of the project.

Real estate firms hold large amounts of cash amid cash shortage complaints

Many businesses are complaining about the shortage of cash, but real estate firms are keeping  cash in their coffers.

Vietnam – Philippines strategic partnership develops well, says Senate President

Senate president Juan Miguel Zubiri on November 23 welcomed Vietnamese National Assembly chairman Vuong Dinh Hue on his current visit, which he said would help strengthen the strategic partnership between the two countries.

DigiEx Group & Shinhan DS partner to develop Offshore Development Center

DigiEx Group and Shinhan DS Vietnam have signed a memorandum of understanding on strategic partnership to expand the Offshore Development Center and build the Ecosystem of Digital Talent Developers in Vietnam for Fintech Solutions.

Minh Ngoc set to perform at ABU TV Song Festival

Le Minh Ngoc will represent Vietnam at the upcoming 11th Asia-Pacific Broadcasting Union TV Song Festival (ABU TV Song Festival).

M&A opportunities in a volatile market

The consumer, industrial, real estate, energy and utilities sectors were the most sought-after targets in 2022-2023, when split by industry.

Building material sector faces tough times

Building materials makers are facing multiple hardships due to surging input costs, slow consumption, and high inventory.

VN’s stock market sees volatility amid world’s less positive outlook

Vietnam's stock market has seen strong volatility in recent years, stemming from investors' cautious sentiment in the face of uncertainties and a less positive outlook for the world economy and politics.