Vietnam jumps from bottom of Covid-19 Recovery Index to top position

Thanks to Vietnam’s strong recovery in production, low inflation, and financial market stabilization, Nikkei Asia has lifted its Covid-19 Recovery Index for Vietnam from the bottom of the list to the second spot in its latest edition.

Australia backs over AU$5 million for rice production in Mekong Delta

The Mekong Delta province of Dong Thap has launched a sustainable rice value chain project in the delta as a public-private partnership (PPP), according to Senator Tim Ayres, assistant minister for Trade and Manufacturing of Australia.

Vietnam’s logistics sector still grapples with woes

Vietnam’s logistics has potential for development but still has many persistent woes that must be resolved.

HCM City helicopter tour suspended due to lack of heliports

Helicopter tours have just been suspended in HCM City after the pilot period with just five trips as the organisers were unable to arrange a heliport.

Fruit exports: When will Vietnam catch up with Thailand

Vietnam and Thailand are agricultural powerhouses in Southeast Asia, with many similar fruits for exports. However, Thailand's fruit exports have far outstripped Vietnam in recent years.

Website provides VR details of My Son World Cultural Heritage

The Management Board of My Son World Cultural Heritage and Digital Transformation Solution Company Limited (VR360), a member of Bizverse, are working together to build a website providing details of the heritage through virtual reality technology.

Investors restructuring their properties as credit tightens

Businesses are trying to restructure their properties in anticipation of credit tightening and interest rate increases.

Hanoi hosts Ao Dai fashion show by Italian designer

A fashion show featuring the first Ao Dai, the nation’s traditional long dress, collection by Italian designer Maria Elena Di Terlizzi was held on October 19 in Hanoi.

Vietnamese lose US$374 million from online scams

As many as 113,384 fraudulent websites were reported in 2021 in Vietnam. Of these, 22,000 websites were put on a black list after verification.

State-run firms incur huge losses from overseas projects

Thirty projects invested overseas by State-run enterprises racked up total losses of US$335.5 million in 2021, up 42% year-on-year.

From zero to hero: Alonzo Stafford and his journey to become VBA champion

Dunks, three-point shots and blocks, these will be the things that basketball fans remember most about Alonzo Stafford of the Saigon Heat after his first impressive season in the VBA in 2022.

Hanoian artist preserves costume culture of 54 ethnic groups through dolls

Nguyen Hoang Anh of Long Bien district in Hanoi is considered to be the pioneer in creating hundreds of awesome doll models wearing the attire of all 54 of the nation’s ethnic minority groups.

Base salary agreed to be raised to VND1.8 million per month

The Government proposes that the NA will not implement salary reform under Resolution No.27-NQ/TW in 2023, but from July 1, 2023, the base salary for officials, civil servants, and public officials will be raised to the level of VND1.8 million/month.

Vietnamese economy records strong growth of 13.7% in Q3

Vietnam’s economy registered strong annual growth of 13.7% in Q3, mostly reflecting a low base effect, according to the October edition of the World Bank (WB)’s monthly Vietnam Macro Monitoring.

Da Nang greenlights stem cell project

The first-ever research project on stem cells in Da Nang and the central region has been given approval from Da Nang Hi-Tech Park and Industrial Zones Authorities, making a crucial step in turning the city into a centre of biological research.

ASEAN, China wish to early adopt Code of Conduct in East Sea: spokesperson

The joint working group of the Association of Southeast Asian Nations (ASEAN) and China held their 37th meeting on the implementation of the Declaration of Conduct of Parties in the East Sea (DOC) in Cambodia on October 1-3.

20 international airlines keen to launch air routes to Phu Quoc

Up to 20 international airlines are actively seeking to open air services to Phu Quoc Island in the southern province of Kien Giang.

ICT revenue hits nearly US$110 bln in nine months

The revenue of Vietnam's information and communications technology (ICT) industry was estimated at US$109.5 billion over the first nine months of 2022, a year-on-year increase of 13 percent.

VIETNAM NEWS HEADLINES OCTOBER 20

Vietnam pledges to continue ensuring human rights

Da Nang floods leave VND1,500 billion damage

Severe floods in Danang on October 14, triggered by Storm Sonca, has destroyed thousands of homes and caused more than VND1,486 billion in damage.

Prime Minister calls for stronger efforts in stabilizing fuel market

Prime Minister Pham Minh Chinh told the Ministry of Industry and Trade to make stronger efforts to stabilize the fuel market and ensure the operation of fuel retailers and gas stations.

VIETNAM BUSINESS NEWS OCTOBER 20

European firms’ confidence in Vietnam’s business environment slightly declines but still strong: EuroCham

Support for female workers in informal economy drives gender equity

People in the informal waste-collection workforce play an important role in the segregation and collection of plastic waste in Vietnam, driving the Government’s goal of a waste-free environment. Most of these workers are women.

Host Cambodia confirms official sports at 32nd SEA Games

The 32nd SEA Games will have 38 sports with a record of 608 events from May 5 to 17, 2023, in Cambodia.

Binh Duong to face Kawasaki Frontale in November friendly

Chanathip Songkrasin, known as the 'Thai Messi', moved to Kawasaki Frontale earlier this year and may face Binh Duong.