Vietnamese billionaires lose US$8.3 billion as share prices fall

The stock market is fluctuating, which is leading to changes in Vietnam’s USD billionaires’ positions. Pham Nhat Vuong has lost $2.3 billion, but still ranks at the top. Tran Dinh Long has fallen to the bottom of the list.

Heads of telecom networks face disciplinary action if ‘junk sim cards' exist

If mobile network operators do not observe regulations on mobile subscriber management, their leaders will have to bear responsibility.

Da Nang seeks financial partners to co-organise int’l fireworks festival

After three years of interruptions due to the COVID-19 pandemic, the Da Nang International Fireworks Festival (DIFF) will return to the central city next summer.

PM Pham Minh Chinh arrives in Phnom Penh, starting official trip to Cambodia

Prime Minister Pham Minh Chinh and a high-ranking delegation of Vietnam arrived in Phnom Penh on November 8 morning, starting an official visit to Cambodia at the invitation of his counterpart Samdech Techo Hun Sen.

Severe air pollution in Hanoi to last until at least this weekend

Severe air pollution in the capital city is forecast to linger until at least this weekend, leaving much of the city clouded in smog.

Vietnam aims for 100 more golf courses by 2025

Vietnam aims to double the number of golf courses to 200 by 2025 to boost the country’s golf tourism and attract international golfers.

Era of digital payments has arrived

As one of the emerging economies in Southeast Asia, Vietnam has potential for e-payments.

Vietnam considers high-speed rail line

The Ministry of Planning and Investment has thrown its weight behind a North-South express railway with a maximum speed of 180-250 km per hour as proposed by the Ministry of Transport.

Miss Supranational appears at local fashion show for first time

Mutya Johanna Datul, Miss Supranational 2013, took on the role as vedette for a fashion show by designer Van Anh Scarlet recently held in the northern province of Vinh Phuc.

Maison RMI targets US$400 million revenue in next 5 years

Maison RMI, one of the leading fashion retailers in Vietnam, stakes its reputation on customer experience.

French writer Marc Levy set for Vietnam return

Famous French contemporary writer Marc Levy is scheduled to return to the nation in order to attend a debut of a play adapted from his book “All Those Things We Never Said” in Ho Chi Minh City on November 7.

Rumors of sharp consumer price rises denied

The head of the Price Statistics Department at the General Statistics Office (GSO), Nguyen Thu Oanh, has rejected rumors that consumer prices have soared 10-20% this year.

Government debt repayment on right track: Ministry

Government debt repayments are on the right track, meeting the obligations committed to creditors, according to the Ministry of Finance.

Vietnam advocates ASEAN's stance on solidarity, unity and centrality

Prime Minister Pham Minh Chinh is scheduled to deliver keynote speeches, sharing Vietnam's stance and proposals to reinforce solidarity, unity and the central role of ASEAN at the 40th and 41st ASEAN Summits and related meetings.

Developing My Hoa tofu skin craft village

My Hoa Village of Binh Minh Town in Vinh Long Province is always bustling, and the tofu skin here is golden, fragrant, crispy, and full of nutrients.

Economic cooperation high on agenda of PM's Cambodia visit

Economic cooperation will be high on the agenda of Prime Minister Pham Minh Chinh's official visit to Cambodia from November 8-9, according to Standing Deputy Foreign Minister Nguyen Minh Vu.

Seven Vietnamese billionaires named on Forbes rich list

Globally-renowned business magazine Forbes recently released its November list detailing a list of the world’s billionaires, including seven Vietnamese billionaires.

Vietnam Airlines Group deploys online check-in service at all domestic airports

Vietnam Airlines Group, which comprises Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO), has completed online check-in systems at all domestic airports.

Bidding plan for North-South Expressway approved

The Ministry of Transport has approved a bidding plan for packages of 12 subprojects under the Eastern North-South Expressway project in 2021-2025 (second phase).

Vietnamese bank gets 150 million USD loan from IFC

The Vietnam International Bank (VIB) has just completed the procedures for the disbursement of a 150 million USD loan from the International Finance Corporation (IFC), a member of the World Bank Group.

US pledges support to Vietnam in just energy transition

US Special Presidential Envoy for Climate John Kerry on November 7 affirmed support to Vietnam in just energy transition and climate change response.

Thuy Cung cave in Quang Binh Province

Thuy Cung Cave is located in the Phong Nha-Ke Bang National Park in the central province of Quang Binh. It is a destination for those who love to explore the pristine beauty of nature.

VIETNAM BUSINESS NEWS NOVEMBER 7

Pessimistic outlook for maritime transport firms amid weak demand

Future property projects to be located in Hanoi’s west and central areas

About 103,000 new apartments in the city are estimated available for sale from the last quarter of 2022 to 2025.

Vietnamese Emperor’s gold bowl fetches US$672,000 at auction

The gold bowl of Emperor Khau Dinh (1885-1925) has been sold for €680,000 (US$676,000) at auction by Million in Paris.