Hanoi needs to fix severe flooding problem after heavy rains

Many areas in Hanoi were in inundated with extensive flooding following intense rainfall, a recurring problem over past years that has disrupted residents' daily lives.

Nurturing talents a top priority as VN aims to become a semiconductor hub

Experts believe that VN has a great opportunity to grow its semiconductor industry with the involvement of multiple leading global technology companies, but it will need ten times the number of engineers.

New Sci-tech Law to remove ’bottlenecks’ in commercialising research results

The 2013 Law on Science and Technology will be amended and renamed the Law on Science, Technology and Innovation, helping to remove institutional obstacles and promote research results.

Global experts gather in Quang Binh for magnetic materials symposium

Over 300 leading scientists and industry experts from 20 countries and territories gathered in the central province of Quang Binh on August 5 for the fifth International Symposium on Advanced Magnetic Materials and Applications (ISAMMA 2024).

Vietnamese singer wins youth musical festival in China

Singer Tran Tung Anh, renowned for his unique non-binary vocals, has won the first prize in the opera singing category of the Qingyin Award - Youth Music Festival 2024 in China.

Vietnam hosts 43rd session of World Federation of UNESCO Clubs and Associations

The 43rd session of the World Federation of UNESCO Clubs and Associations (WFUCA) Executive Board and an international conference on the role and contributions of UNESCO movements to cultural industries were held on August 5 in Ha Long.

Hanoi residents continue to be negligent of rabies prevention

Rabies remains an extremely dangerous disease, although many local residents remain negligent of the risks and do not fully understand the consequences of being bitten, according to the Center for Disease Control (CDC) Hanoi.

Global leading AI experts to attend AI4VN 2024

A number of domestic and international experts are set to gather together at the Vietnam Artificial Intelligence Day (AI4VN) 2024 which is slated to be held on August 23 in Hanoi to discuss the topic on Generative AI.

Costa Rica recognises Vietnam as market economy

Costa Rican Minister of Foreign Trade Manuel Tovar on August 5 announced and handed over a diplomatic note to the Vietnamese Ministry of Industry and Trade (MoIT) affirming its recognition of Vietnam as a market economy.

Former FLC Chairman Trinh Van Quyet sentenced to 21 years in prison

Trinh Van Quyet, former Chairman of the Board of Directors of the real estate developer FLC Group JSC, on August 5 was sentenced to 21 years in prison for the charges of "fraudulent appropriation of property" and "stock market manipulation".

Vietnam, Singapore promote cooperation in stock market

The MoU was signed under the witness of Vietnamese Minister of Finance Ho Duc Phoc, Vietnamese Ambassador to Singapore Mai Phuoc Dung and Singaporean Second Minister of Finance Chee Hong Tat.

Thai Duong Group’s illegal rare earth exploitation causes loss of VND600bil

Legal proceedings have been launched against 26 individuals allegedly involving in the illegal rare earth exploitation case at Thai Duong Group JSC.

Chinese electric carmakers flock to VN, but do not set up charging stations

Vietnam is a promising market for Chinese electric vehicle manufacturers, but Chinese brands' inattention to charging station networks will keep Vietnamese buyers away.

Vehicle-registration tax cut proposal still pending, disappointing car buyers

The Ministry of Finance’s (MOF) proposal on cutting the vehicle registration tax by 50 percent, starting August 1, has not been applied as expected. People had rushed to buy cars last week, before the ‘ghost month’ began on August 4.

VN aims to have 40 percent of adult population using online public services

One of the important tasks in digital transformation in the last months of 2024 is increasing efficiency in online public services. It is expected that 40 percent of adults in Vietnam will use online public services by the year end.

Thai YouTuber praises Vietnamese banh xeo, street food dishes

Enjoying banh xeo for the first time, the Thai man loved the dish, especially the crispy crust and the sweet and sour dipping sauce.

Tourists thrilled by "carp-shaped" cloud at Thai Binh's “infinity beach”

Tourists at Thai Binh's "Infinity Beach" were treated to a rare sight as a cloud resembling a carp appeared at sunrise. The unique cloud formation captivated visitors and sparked excitement on social media.

Prime Minister urges quick allocation of $1.1 billion in public investment funds

The Vietnamese government is making a concerted effort to expedite the allocation of $1.1 billion in public investment funds.

HCM City to build database of overseas Vietnamese

HCM City plans to build a database of overseas Vietnamese (OVs) to connect them and promote their contributions to the city’s development.

VN, Japanese, US facilities discuss cooperation in semiconductor training

The National Innovation Center (NIC) has engaged in a meeting in Hanoi with visiting delegations from Japan’s Hiroshima University and the US’s University of Idaho to discuss semiconductor training programmes and scholarships for Vietnamese students.

Vietnamese embassy continues warning citizens amid Israel-Hezbollah tension

The Vietnamese Embassy in Israel on August 4 issued a warning to Vietnamese citizens, advising them to stay vigilant amidst complicated Israel-Hezbollah tensions.

Vietnam Business News August 5/2024

Lucrative Halal market creates great opportunity for Vietnamese exports

Vietnam secure second place at first stage’s SEA Women V.League

Vietnam finished second in the first stage of the Southeast Asian Women's Volleyball League (SEA Women V.League) after being defeated 3-2 by Thailand in the final match, which ended on August 4 in the northern province of Vinh Phuc.

Investment, export, consumption to propel Vietnam's GDP growth

Vietnam could reach the GDP growth target of 6-6.5% set by the National Assembly on the back of strong investment, export, and consumption, according to experts.

Ample room for Vietnamese fruits in Northeast Asian market

Many kinds of Vietnamese fruits are increasingly gaining access to the Northeast Asian market, contributing to fulfilling the 2024 goal of 7 billion USD in export value of fruit and vegetables.