VN needs regulations of digital, virtual assets

Vietnam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights.

Deputy Minister says artists Hong Dang, Ho Hoai Anh still out on bail

Deputy Minister of Culture, Sports and Tourism Ta Quang Dong said that actor Hong Dang and musician Ho Hoai Anh are still out on bail. The two men have not been prosecuted, are waiting to see a judge, and have a lawyer to handle legal issues.

Nearly 10,000 health workers quit jobs

Vietnam saw close to 10,000 health workers quitting their jobs from the start of 2021 to June this year, with the highest resignation rates reported in HCMC, Hanoi, Dong Nai, Binh Duong, An Giang and Danang.

Finance Ministry considers reducing taxes on petrol products

Deputy Minister of Finance Nguyen Duc Chi said the ministry is considering proposing tax cuts on petrol in order to curb price increases.

Vietnam’s woodwork exports increase over 20 consecutive years

Despite the pandemic and global political upheaval, which has hit supply chains, a scarce supply of raw materials and rising logistics costs, Vietnam's export turnover of wood and wood products has still increased.

Implications of Central Bank Digital Currency in Vietnam

A survey by the Bank for International Settlements (BIS) published in May states that there are currently 81 countries participating in Central Bank Digital Currency research and development (CBDC), compared to only eight countries before 2017.

Most Vietnamese need about 12 years of savings to buy a car

With the average income per capita of VND4.25 million a month in 2020, Vietnamese people would have to save money for 12 years to buy a car worth VND600 million (US$30,000).

Flexible adjustment needed in growth economy

The economy continues to face new uncertainties, even after the first half year into the program on socio-economic recovery and development.

Samsung downsizes production: global concerns, warning for Vietnam

Samsung scaling down of production in Vietnam shows signs of a global growth slowdown. If a recession occurs, this will affect Vietnam’s economy in the second half of the year.

Vietnamese passport leaps four places in Henley Passport Index

The Vietnamese passport has climbed four notches to rank 90th on a list of the world’s most powerful passports, according to the latest report compiled by Henley Passport Index.

Food tourism becomes hot trend in Hai Phong City

Hai Phong City has released the second version of its successful "Food Map" and a list of attractive destinations called "Hai Phong check-in locations."

Tuan Minh becomes 13th Vietnamese chess Grandmaster

Le Tuan Minh has become the nation’s 13th chess Grandmaster (GM) after winning the championship title in the standard event played at the 2022 World Open on July 4 in Philadelphia in the United States.

Will Vietnam develop space industry and own a satellite beam?

A Japanese group of researchers has suggested a roadmap on using small satellite beams and developing a space industry in Vietnam.

Quang Ninh utilises COVID-19-free zones to revive agriculture exports to China

The northeastern province of Quang Ninh earned nearly 1.18 billion USD from exports in the first half of 2022, an increase of 0.76% against the same period last year, data showed.

AFC thanks Vietnam for successfully hosting Group I of AFC Cup 2022

The Asian Football Confederation (AFC) has sent a thank you letter to the Vietnam Football Federation (VFF) for successfully organising Group I matches of AFC Cup 2022 which took place in Ho Chi Minh City from June 24-30.

Vietnamese, Korean Prime Ministers hold phone talks

Vietnamese Prime Minister Pham Minh Chinh talked over the phone with his counterpart from the Republic of Korea Han Duck-soo on July 5, during which the two leaders compared notes on measures to boost the bilateral relations.

VIETNAM BUSINESS NEWS JULY 5

The Petrovietnam Gas Joint Stock Corporation (PV GAS) posted a after-tax profit of nearly 7 trillion VND (300 million USD) in the first six months of 2022, up 87% compared to the target and 59% year-on-year.

VIETNAM NEWS HEADLINES JULY 5

Hanoi to impress visitors through beautiful gifts, tourism photos

Vietnam sees rapid rise in number of migrant workers

The number of Vietnamese workers sent to work abroad under labour contract has increased considerably in the past six months thanks to the post-pandemic recovery of labour markets overseas.

Most investment funds in Vietnam record negative performance in H1

Amid the market's downward movement, most investment funds in Vietnam recorded negative performance in the first six months of this year.

FLC has new chairman

Le Ba Nguyen has been named the new board chairman of FLC Group in the 2021-2026 tenure.

Russian foreign minister visits Vietnam on July 5-7

Russian Minister of Foreign Affairs Sergey Lavrov will be visiting Vietnam on July 5-6, 2022, at the invitation of his Vietnamese counterpart Bui Thanh Son, according to the foreign ministry.

Rock dating back nearly 3 billion years on display in Hue

Along with thousands of other fossil artifacts, an ancient stone dating back 2.936 billion years found in Vietnam is on display at an exhibition in the former royal city of Hue, attracting attention and curiosity of visitors.

Rising petrol prices contribute over US$385 million to state budget revenue

The Government is looking at measures to curb the rising trend of petrol prices on the domestic market, which is placing a huge burden on the economy.

Health Ministry warns about COVID-19 resurgence in Vietnam

A representative of the Ministry of Health on July 4 warned the SARS-CoV-2 virus would resurge in Vietnam as soon as herd immunity declines.