Vietnam contestant finishes runner up at Man of the Year 2022

Vietnamese born Nguyen Minh Khac on August 21 evening beat many other prospective contestants and came in second at Man of the Year 2022, a global beauty contest for men taking place in Bali, Indonesia.

At least 1 million housing units for low-income earners to be built by 2030

PM Pham Minh Chinh has asked the Ministry of Construction to draft and submit a plan on building at least 1 million apartments of social housing for workers and low-income earners by 2030 to the Government in August.

VIETNAM NEWS HEADLINES AUGUST 21

Exhibition on hawkers and shouting on Hanoi’s streets held in Da Nang

Feeling the pinch of global demand slump

In June, textile, leather and wood businesses were concerned the shortage of labor could make it hard to fulfill export orders. But in August, the situation has changed as Europe and the U.S. have faced a demand slump.

VIETNAM BUSINESS NEWS AUGUST 21

HCMC adjusts land price coefficients in 2022

Everyone getting rich except farmers

Agriculture is the strength of the Mekong Delta. However, the large gap in living standards and employment opportunities between the agricultural and industrial sectors continues to create waves of migration from the region to the southeast region.

Exploring the pristine beauty of Cu Lao Cau Island

Thanks to the strict protection of the border guards, Cu Lao Cau Island has retained its wild, mysterious and primitive natural beauty.

Cashless payments take over the streets

Cashless payments made through scanning QR codes or other online payment methods at grocery stores or roadside eateries are becoming a bigger habit of many Vietnamese consumers.

Vietnamese telecoms giants grappling with chip shortfall

While the shortfall of semiconductor chips is affecting the performance of Vietnamese telecoms giants, higher targets have been set with prospects driven by growing digital transformation demands on a local level.

Copyright cases rise in face of integration

According to the 2022 International IP Index 2022 by the US Chamber of Commerce, Vietnam ranks 42 out of 55 countries included in the report.

Large real estate inventory: "Steel fists" or "mountain of debt"?

Unlike other industries, in the real estate sector a large inventory value can create a "steel punch" for businesses, but can also be an indicator of challenges.

Famous 'lonely trees' in Vietnam

A tree that stands alone can appear very normal but look very beautiful in photos.

Vietnam records trade surplus of 1.39 billion USD as of August 15

In the first half of August, the trade balance had a deficit of more than 100 million USD, but from the beginning of the year to August 15, the country had a trade surplus of 1.39 billion USD.

Foxconn plans to invest US$300 million in Vietnam

Foxconn Group plans to invest more than US$300 million in a new project in Bac Giang Province and employ over 30,000 local workers.

iPhone 14 to be available in Vietnam soon

According to VietNamNet's sources, the launch time of Apple's iPhone 14 in Vietnam will be much earlier than in previous years.

Vietnam makes first WiFi Mesh 6 device

VNPT Technology, a subsidiary of VNPT Group, has officially launched a WiFi Mesh 6 device, which is the first Make-in-Vietnam WiFi Mesh 6 device on the market.

Vietnam aims for annual US$12 billion in seafood exports

The Government has launched the national program for aquaculture development from 2021 to 2030, setting a target of US$12 billion in yearly seafood exports.

Con Dao Island faces rising amount of waste

Over 70,000 tonnes of waste has been accumulated in the southern island of Con Dao while local authorities are seeking measures to deal with the rising amount of rubbish at overloaded dumping sites in the area.

VIETNAM BUSINESS NEWS AUGUST 20

Startup festival opens in Khanh Hoa province

Germany temporarily recognises Vietnam’s new passports, resume visa issuance

The decision takes effect immediately, and visa issuance on the new passports will resume.

HCM City faces difficulties in relocating nearly 20,000 low quality homes

HCM City is struggling to relocate nearly 20,000 slum homes situated on and along local canals.

Quang Liem beats Indian prodigy Praggnanandhaa at FTX Crypto Cup

Vietnamese GM Le Quang Liem defeated GM Rameshbabu Praggnanandhaa 2.5-0.5 to break the Indian prodigy’s winning streak in the fifth round of the FTX Crypto Cup taking place in Miami on August 19.

Da Nang seeks to promote tourism on Tiktok

More than 120 Tiktok content creators took part in a discussion on how to shoot videos promoting tourist destinations in Da Nang, during an event held by the municipal Tourism Promotion Centre and two media companies on August 20.

Pharmaceutical firms show mixed performance

Six-month revenues of pharmaceutical firms paint a mixed picture of the industry in the first half.