Luxury apartments selling well in Vietnam

Wealthy Vietnamese are ready to spend millions of dollars to buy super-luxury properties.

How will the US FED's interest rate hike affect the Vietnamese dong?

The Vietnamese dong may lose 4 percent of its value against the USD in 2022, while the deposit interest rate is predicted to lose 30-50 points after the US FED’s move and SBV’s first policy responses.

Opportunity for local firms to enter $200bil games market

Now is the time for Vietnam’s game industry to enter the global game market, worth $200 billion.

Japanese professor demands apology from Em Và Trịnh producer

Japanese professor Michiko Yoshii, one of Vietnamese celebrated songwriter Trinh Cong Son’s muses, has submitted a request to Vietnamese Cinema Department to ask for the official apology from the producer of the film Em Và Trịnh (You and Trịnh).

FDI inflows continue on downward trajectory

The sharp decline of newly-registered foreign direct investment pulled down the total in the first nine months of the year despite the high disbursement rate.

Vietnam’s steel exports to China nosedive

China is no longer a major export market for Vietnamese-made steel, as revenue from steel shipments to the northern neighbor has plummeted, the General Department of Vietnam Customs reported.

Determining solar, wind power prices still problematic

The electricity prices of many wind and solar power projects have yet to be determined following the expiration of the FIT (feed in tariff) policy, worrying investors.

As pristine as Ru Cha mangrove forest

Ru Cha is the name of a unique primeval mangrove forest in Thuan Hoa Village, Huong Phong Commune, Hue City.

Lack of orders plaguing export enterprises

During the fourth quarter of every year most of the export companies in Vietnam find the need to step up pace in order to meet the increased demand in orders from major import markets such as the US and the European Union.

PM chairs urgent meeting in response to super typhoon Noru

Prime Minister Pham Minh Chinh chaired an urgent meeting on September 27 to hasten response to the approaching super typhoon Noru.

Yen Bai launches tours to conquer two of highest mountains in Vietnam

Tours to conquer Ta Xua and Ta Chi Nhu, two of the 15 highest mounts in Vietnam, were launched in Tram Tau district of northwestern Yen Bai province on September 25.

Typhoon Noru to affect Vietnam’s mainland on late September 27

Typhoon Noru is gaining strength while moving westward at 20-25km per hour, and is expected to make landfall in central Vietnam in the afternoon or evening September 27.

248 aircraft registered under Vietnamese nationality: CAAV

The Civil Aviation Authority of Vietnam (CAAV) has registered 248 aircraft under Vietnamese nationality so far this year, up six from the same period last year.

Investors cautious about disbursing investments amid higher rates: experts

As many major central banks tightened monetary policies to contain soaring inflation, the State Bank of Vietnam (SBV) on September 22 also decided to hike its benchmark interest rate by 100 basis points, effective September 23.

Nearly 3,000 IP addresses in Vietnam linked with data leak

About 10,000 computer users in Vietnam are using unsafe operating systems, and nearly 3,000 internet protocol (IP) addresses have been linked with data leaks, the National Cyber Security Centre (NCSC) said on September 26.

Vietnamese President, Japanese PM hold talks in Tokyo

President Nguyen Xuan Phuc had talks with Japanese Prime Minister Kishida Fumio in Tokyo on September 26 as part of his stay in Japan to attend the state funeral for former PM Abe Shinzo.

How can Vietnam renovate industry?

“Vietnamese are proud of their intelligence. But why can’t we renovate industry to improve competitiveness?” entrepreneur Mai Huu Tin said. He hopes that one day, Vietnamese businesses will take over large automobile manufacturers of the world.

Quang Ninh prepares path for growth

With similar policies, the localities that "dare to think and dare to do" will develop more strongly. One example is Quang Ninh province.

Young scientists honoured for their work on national security

Never in their wildest dreams did IT engineers Chu Quang Khanh and Pham Duong Nam ever imagine that they would be on the stage receiving an award for their work on national security.

Fashion shows to spread quintessence of Vietnamese culture and heritage

The series is the brainchild of former supermodel Ha Vy and director Hoang Cong Cuong, who is the mastermind of several big events in Vietnam including the opening ceremony of the Southeast Asian Games (SEA Games) 31 in Hanoi in May.

Low-carbon rice production helps Vietnam meet emission target

Rice, which is Vietnam’s most important crop and grown on more than half of its agricultural land area, accounts for 48 per cent of the agriculture sector’s GHG emissions and over 75 per cent of methane emissions.

VIETNAM BUSINESS NEWS SEPTEMBER 26

Number of air passengers down 14% in September

Vietnam needs highly skilled labour force to compete

The vocational training system of Vietnam needs reforming to create highly-skilled human resources that meet the requirements of the labour market in increasingly integrated international market, experts said.

Lengthy visa process a setback for FDI firms

The visa process does not always go smoothly. Sometimes, it moves so slowly that some specialists cannot enter Vietnam on schedule, leading to production disruptions.

Petrol and oil price stabilisation fund requires thorough appraisal

The Government needs to carefully evaluate the effectiveness of the petrol and oil price stabilisation fund in keeping the commodity’s retail prices stable before deciding to maintain or eliminate the tool, experts said.