Mixed opinions over ministry’s proposal for limited-term apartment ownership

Mixed opinions have arisen around the Ministry of Construction’s proposal of setting limited terms for apartment ownership, which were repeated in the latest draft amendments to the Law on Housing.

Delivery companies struggle amid fierce competition and high fuel costs

With consumers switching heavily to online purchases, the express delivery service market is expected to see many positive developments.

South Korea’s national treasures on display in Hanoi

The event features the Baekje Heritage Site, symbolising Baekje’s splendid culture 1,400 years ago, and Jeju Volcanic Island and Lava Cave.

Foreign minister to attend Queen Elizabeth II’s funeral

Vietnam’s Foreign Minister Bui Thanh Son, on behalf of President Nguyen Xuan Phuc, will attend the Queen Elizabeth II’s funeral in London.

Facing the World: A journey to bring back smiles to unfortunate children

Katrin has compassion for Vietnamese children with birth defects and the motivation for her to pursue a journey that has brought about life changes for thousands of unfortunate children in Vietnam.

Vietnam to repartriate citizens who fled from Cambodian casino

At least 67 Vietnamese people fled a business premise in Bavet City in Cambodia on Saturday and attempted to return to Vietnam, said the Ministry of Foreign Affairs.

Six Vietnamese athletes test positive for doping at recent SEA Games 31

Initial test samples from six Vietnamese athletes who participated in the 31st SEA Games in May came back positive for doping, according to Tien Phong newspaper citing sources from the Medical and Anti-Doping Sub-committee of SEA Games 31.

Vietnam Socio-Economic Forum 2022 opens

The Vietnam Socio-Economic Forum 2022, themed “Reinforcing macro-economic foundation, promoting sustainable recovery and development”, opened in Hanoi on September 18.

Vietnam earn ticket to 2023 AFC U20 Asian Cup finals despite loss against Indonesia

Vietnam, despite losing 2-3 against host Indonesia in the last match of Group F on September 18, won a slot in the 2023 AFC U20 Asian Cup finals as one of the best second-placed teams.

Banks race to implement digital transformation ecosystem

The local banking sector will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement takes effect.

Insiders call for revision to draft on e-transactions

Lawmakers are gathering comments on a draft amending the Law on E-Transactions, and insiders comment that the draft needs revisions to be more practical.

Conditions for Vietnam to become high-income country by 2045

GDP (gross domestic product) growth has slowed down. The risk of falling to the middle-income trap and economically lagging behind exist.

Japanese retailers open more stores, malls in Vietnam

From shopping malls to store chains in residential quarters, Japanese retailers are ambitious about entering the Vietnamese market.

Real estate market would be better if credit growth targets rise: experts

The State Bank of Vietnam's decision to raise credit growth targets for banks is expected to create favourable conditions for businesses to lend capital, including real estate firms, according to experts.

Should Vietnam build a 200, 300, 500, or 1,000 km/hour railway?

We have to make an important choice which will determine the future of the transport sector and give a driving force to economic development.

Vietnam builds strong credibility by enabling stable macroeconomic environment

Vietnam has built strong credibility by enabling a stable macroeconomic environment, high GDP growth, and low inflation, as well as fiscal prudence with one of the lowest Government debt-to-GDP ratios in the world.

Vietnam’s opportunities in CBDC race

Eighty-six percent of central banks, including Vietnam's,  are considering the Central Bank Digital Currency (CBDC) for their economies.

Da Nang moves toward building a smart tourist ecosystem

Da Nang has signed cooperation agreements with three enterprises to step up communications, promote destinations and move toward building a smart tourism ecosystem.

Hanoi City suggests travel ban on tax debtors

Authorities in the capital city of Hanoi said they would coordinate with the Vietnam Immigration Department, under the Ministry of Public Security, to ban legal representatives of enterprises that owe taxes from exiting Vietnam.

Hai Duong province's former Party Secretary detained in COVID-19 test kit scam

The police have issued a detainment and prosecution decision against former Secretary of the Party Committee of Hai Duong province Pham Xuan Thang and former director of the provincial health department Pham Manh Cuong.

Hunting the dawn on Thuy Xuan beach

Coming to Thuy Xuan beach at dawn makes one feel they are in the middle of nowhere. The water surface resembles a giant mirror reflecting the sky, as if there was no boundary between the sea and the sky, creating an infinite space.

VIETNAM BUSINESS NEWS SEPTEMBER 18

Vietnam remains world's second biggest coffee exporter

Gov’t orders stoppage of household registration book requirement

The prime minister has signed a resolution ordering the authorities at all levels to abandon the requirement that residents produce their household registration books for civil transactions and administrative procedures.

MoF proposes to reduce fees by up to 50 per cent to support transport sector

The Ministry of Finance (MoF) is drafting a proposal to reduce fees by 20 to 50 per cent for four transport types to help the sector recover.

Street performances launched outside Opera House

HCM City has launched a special music programme offering street performances outside the Opera House in District 1, as part of its efforts to entertain and attract locals and visitors.