VIETNAM NEWS HEADLINES NOVEMBER 1

Party chief affirms support for Vietnam-China legislative ties

President hosts Danish Crown Prince

President Nguyen Xuan Phuc on November 1 hosted a reception for visiting Danish Crown Prince Frederik and Crown Princess Mary Elizabeth.

Vietnam-China trade put at US$148 billion in Jan-Oct

Bilateral trade between Vietnam and China amounted to US$148 billion between January and October, according to the Vietnam General Statistics Office.

Vietnam seeks new motivation for growth

Vietnam is seeking new driving forces for economic growth besides monetary and fiscal policies. VietNamNet spoke with Nguyen Dinh Cung, former head of the Central Institute for Economic Management (CIEM), about this issue.

Hoa Binh builds culture and people to meet requirements of sustainable development

Over the past few years, Hoa Binh province has implemented synchronous solutions to develop the culture and human resources to meet the requirements of sustainable development.

VIETNAM BUSINESS NEWS NOVEMBER 1

Warehouses in high demand towards year end

Deputy health minister Nguyen Truong Son steps down

Deputy Minister of Health Nguyen Truong Son resigned from his post due to personal reasons from today, November 1.

Business conditions in Vietnam’s manufacturing sector continue to improve: S&P Global

Continued expansions in output and employment alongside muted price and supply pressures may help the sector remain in growth territory as the end of the year approaches.

Danish Crown Prince warmly welcomed upon arrival in Vietnam

Vice President Vo Thi Anh Xuan hosted a welcome ceremony on November 1 at the Presidential Palace in Hanoi for Danish Crown Prince Frederik and Crown Princess Mary Elizabeth who are currently on an official working visit to the country.

Khuong Duy becomes youngest Vietnamese player to reach International Master

Dau Khuong Duy, 11, has been the youngest Vietnamese chess player to reach the International Master (IM) standard following his stellar performance at the Bangkok Open 2022 which was held in Thailand from October 22 to October 30.

Vietnamese Party leader meets with Chinese Premier Li Keqiang

On November 1, Party General Secretary Nguyen Phu Trong had a meeting with Chinese Premier Li Keqiang as part of his activities within the framework of the official visit to China.

Over 300 antiques, artworks go under hammer in France

French auction house Millon on October 31 placed over 300 artefacts and artworks originated from or related to Vietnam under the hammer.

After Hoa Phat, steel manufacturers report losses

Unlike last year, many Vietnamese steel manufacturers reported losses in the third quarter of 2022.

Insufficient gasoline supply in HCM City occurs again

From 10 a.m. on October 31, the scene of people waiting in line to buy gasoline happened again in the inner city and the suburbs of Ho Chi Minh City. Some gas stations said they ran out of fuel or sold gasoline at a limit.

IPP Air Cargo withdraws plan for license

Tycoon Johnathan Hanh Nguyen has withdrawn his application for a business license for his cargo airline IPP Air Cargo.

US$2.4 billion ready for nationwide salary raise

A move to increase the base salary for civil servants is necessary to raise the standard of living conditions for Vietnamese people.

Consumption recovers, retailers compete to lure buyers

Vietnam’s competitive advantages and its strong recovery has attracted foreign retailers.

IBF Asian champion Quan to defend belt against Baconaje in December

Asia lightweight International Boxing Federation champion Dinh Hong Quan will defend his belt against Arnel Baconaje of the Philippines on December 10.

Housing market facing severe crunch

The real estate market is currently facing a serious crunch, not seen in the last ten years. Both investors and real estate businesses have never faced such difficult times before.

More international cruise ships arrive at Vietnam’s ports

Foreign cruise ships have returned to Vietnam. The ‘western streets’ of Ta Hien in Hanoi and Bui Vien in HCM City are full of tourists on weekends.

Vietnam has highest digital economy growth in Southeast Asia

Vietnam’s digital economy is the fastest growing in Southeast Asia, with expected gross merchandise value growth rate of 28 percent, from US$18 billion in 2021 to US$23 billion this year, according to the report of Google, Temasek and Bain & Company.

Fresh policies come into effect from November 2022

A string of new policies will take effect from November, dealing with commercial road activities, registration and management of operations of non-governmental organizations (NGOs) in Viet Nam

Twenty-four int’l airlines resume flights to Danang

Danang is seeing the return of hundreds of international commercial flights operated by 24 international and three domestic airlines between October 30, 2022 and March, 2023.

Outstanding real estate loans down by VND7,000 billion

Financial resources for the real estate sector including bonds, funds raised via the stock market, and especially bank loans contracted substantially in the third quarter of this year.

Nguyen Nga to compete for Miss Tourism International 2022 crown

Miss Globe Vietnam 2022 second runner-up Nguyen Thi Nga is set to represent Vietnam at the upcoming Miss Tourism International scheduled to take place in Malaysia this November.