FDI inflows to Vietnam remain resilient despite global uncertainty: World Bank

The disbursement of approved FDI projects increased by 8.7% year-on-year in March, the fourth month of increase as post-Covid-19 lockdown constraints ease.

High expectations for VN Government's renewed drive for SOEs restructuring

Expert calls for Government agencies to refrain from intervening in corporate governance activities of state firms.

HCMC draws up plan to charge cars entering downtown area

The HCMC Department of Transport has proposed the municipal government assign the municipal Department of Planning and Investment to provide consultancy on developing a plan to charge cars entering the city’s downtown area.

Two rare turtles from Vietnam National Museum of Nature stolen

Two rare turtles under the management of Vietnam National Museum of Nature have been stolen.

Full Pink Moon to be visible in Vietnam on April 17

Local skywatchers will be able to enjoy a wonderful experience as get the chance to admire April's full moon at around 1:55 a.m. on April 17 (Vietnam time).

Spectators at SEA Games 31’s games not required to take COVID-19 tests

Spectators watching competitions in person during the 31st Southeast Asian Games (SEA Games 31) will not be required to take COVID-19 tests before enter the stadiums.

VIETNAM NEWS HEADLINES APRIL 16

National traffic safety month launched to make roads safer

VIETNAM BUSINESS NEWS APRIL 16

Vietnam-Australia trade surges 32 percent in Q1

South Korean banks in Vietnam reported $172 million in profits in 2021

Several South Korean banks are showing an interest in growing their presence in Vietnam.

Information-Communications Ministry and Qualcomm intensify cooperation on 5G technology

On April 12, Deputy Minister of Information and Communications Pham Duc Long had a meeting with Qualcomm to discuss future cooperation on 5G and 6G technology.

Regulatory sandbox still absent in Vietnam

A regulatory sandbox is still absent in Viet Nam, although this concept has been talked about for years.

Property market to have strong recovery this year

Vietnam’s real estate market is forecast to have a better year compared to 2021 and gradually return to the normal performance as before the COVID-19 pandemic, according to the Vietnam Report Joint Stock Company.

State needs to assign more challenging tasks to SOEs

As the Government has large state owned enterprises (SOEs), it needs to assign them tasks of national stature.

Herd immunity yet to be achieved despite wide COVID-19 vaccine coverage

Due to the current developments relating to the COVID-19 pandemic it remains difficult to confirm whether or not the country has achieved herd immunity amid the possible appearance of fresh variants that can render vaccines ineffective.

Foreign giants leave, Vietnamese retailers expand business

The expected dominance of foreign retailers in the Vietnamese market has not occurred. Many foreign giants have left and Vietnamese retailers are controlling the market.

Vietnam to benefit most from RCEP: WB

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

37,000 people in HCMC apply for lump sum payout of social insurance

Despite warnings by the HCMC Social Insurance, more and more people are still deciding to withdraw social insurance money  as they need money to cover basic needs.

Banks tighten real estate lending, low-income earners affected

Commercial banks are tightening lending to the real estate sector, raising fears that people with limited financial capability will not be able to buy houses.

Travelbook: Six things to do in Hanoi

Having not tried a cyclo tour around the Old Quarter, missing the Temple of Literature visit or skipping the pho bo soup when visiting Hanoi, foreign tourists would be very sorry.

Vietnamese vaccine passport available from April 15

Vietnam officially issues its digital Covid-19 vaccine passport from April 15, according to the Ministry of Health (MoH).

Vietnam has fourth mobile virtual network operator

The mobile virtual network operator market is projected to grow to $123.4 billion in 2028.

Vietnam discussing potential solutions to limit private vehicles in major cities

The Government has recently directed five major cities in Vietnam, namely Hanoi, Ho Chi Minh, Hai Phong, Da Nang, and Can Tho, to limit or stop private motorbike traffic in some of their districts after 2030.

VIETNAM BUSINESS NEWS APRIL 15

Public debts to be kept at under 60 percent of GDP in 2030: Strategy

Vietnam business costs among the lowest in region: study

Vietnam has among the lowest costs of doing business in its neighbourhood, with only Cambodia and Myanmar being cheaper, business transformation consultancy TMX has said in a report.

NA agrees to extend pilot resolution on bad debt settlement until end 2023

The National Assembly (NA)’s Standing Committee has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year.