More airports in need to aid aviation sector's growth prospects

Building more airports proves important to keep abreast with the aviation sector’s upbeat growth prospects.

H'Hen Nie captures spotlight in international magazines

H'Hen Nie, Miss Universe Vietnam 2017, has recently been chosen to appear on the cover of popular fashion magazine Victor for its October edition.

Garment, textile, footwear industries face declining in orders

Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.

Vietnam ships 158 million mobile phones abroad over nine months

Vietnam exported a total of 158 million mobile phones to several major export markets across the world, including the EU and the US during the past nine months, according to the Ministry of Industry and Trade.

Bright spots in Hoa Binh Province’s social-economic picture in 2022

Gross domestic product in Hoa Binh province in the first 9 months of the year was estimated to increase by 10.32% over the same period last year.

Google for Startups match 50 Vietnamese startups startups with mentors

Of the 50 selected startups, 25 are based in Hanoi and will begin the program in November.

Vietnam c.bank commits banking sector’s stability amid SCB negative rumors

Negative rumors regarding the Saigon Bank (SCB) caused people to withdraw money from the bank ahead of the maturity dates.

HCMC’s gas stations suspend gasoline sales due to fuel shortage

Some 24 gas stations in HCMC have reported fuel shortages and temporarily stopped selling gasoline on October 7, according to the HCMC Department of Market Management.

Van Thinh Phat chairwoman arrested for alleged fraud

Truong My Lan, founder and chairwoman of Van Thinh Phat Holdings Group Corporation, a Vietnamese diversified investment group, has been prosecuted and detained for allegedly appropriating assets.

VIETNAM BUSINESS NEWS OCTOBER 8

Budget revenue from tax reaches nearly 94% of estimate

VIETNAM NEWS HEADLINES OCTOBER 8

National master plan for 2021-2030 scrutinised at Party Central Committee’s plenum

Public investment hits forward motion

Overcoming a number of socioeconomic difficulties, local public spending disbursement has been accelerating nationwide to ensure goals are reached.

VN's electric vehicle market sees great potential

Experts believe that Vietnamese people have gradually opened their hearts to green cars.

Vietnamese tourism industry seeks to attract Indian visitors

India has emerged as a tourism market that boasts huge potential as it supplies a steady source of visitors to regional countries, including Australia, Thailand, Singapore, and Vietnam.

Five cliffs attracting young people for adventures

Hanging cliffs or rock tops result from geological activities and the impact of nature.

2% interest rate subsidy package remains inaccessible, say enterprises

Many enterprises complain that they cannot access the 2 percent interest rate subsidy package, and banks are not keen on the program because of complicated procedures.

Hundreds of gas stations in Mekong Delta provinces ask to halt operations

On October 7, in Rach Gia City in Kien Giang Province, several gas stations, which rarely run out of gasoline, also have to sell gasoline moderately.

Death penalty for those accepting VND1 billion bribes up: Minister

Minister of Justice Le Thanh Long said that the Penal Code has regulations on the application of the death penalty to cases of embezzlement, accepting bribes with a property value of VND1 billion or more.

Japanese firms hesitant to tap Vietnamese market over fears of worker dearth

Many Japanese manufacturers, mainly those active in technology, are hesitant to invest in Vietnam due to difficulties recruiting skilled workers and finding material supply.

VN stock market long-term outlook remains upbeat: VinaCapital

The stock market remains firmly on the growth path in the long term because of the country’s consistently strong economic growth, big foreign investment, attractive valuations, and the high earnings growth expected for listed firms.

Shares tumble to 20-month low

Vietnamese shares tumbled to a 20-month low as investors shunned equities and sought safety in less risky assets, with VN-Index becoming Asia's strongest falling index yesterday.

Thai Energy Ministry terminates long-delayed 1,320MW thermal power project in Quang Tri

The Thai Ministry of Energy has announced it would stop work on the long-delayed 1,320 MW thermal power plant project in the central province of Quang Tri.

IBF Asia champion Quân to spar with undefeated Falcao in HCMC

Falcao is undefeated with 30 wins, 20 coming via knockout. Quân, 24, has a record of nine wins (four knockouts), one draw and one loss.

Mekong Delta residents struggle to make a living in flood season

Over the years, the Mekong River has provided much for people living there, but recently the water has been low, causing shrimp, fish and other seafood catches to plummet.

Vietnam Social Security to hold dialogue with nearly 100 Japanese firms

The Vietnam Social Security (VSS) is set to hold a dialogue with approximately 100 Japanese firms on October 11 in the southern province of Ba Ria-Vung Tau.