Vietnam among top growth leaders globally in 2024: World Bank

The World Bank, in its East Asia and Pacific Economic Update released on April 1, 2024, forecast that the Vietnamese economy would grow by 5.5% this year, making it among top growth leaders in the world.

Hot days and hail storms to be forecast in April

More comfortable conditions are then expected from April 8 to 14 before hot weather returns.

Canada reviews anti-dumping duty on upholstered seating from China and VN

The review is carried out under the request of the importer and is also a part of the conclusion of the Canadian International Trade Tribunal (CITT) issued on September 2, 2021 for the original investigation conducted in 2020.

Vietnam News Headlines April 2/2024

1.6 tonnes of ivory seized in Hai Phong

Banks disclose lending rates to the public for the first time

The State Bank of Vietnam has demanded banks submit links to the section announcing various interest rates before April 1st. If there are changes to the links, they must be updated within two working days.

Over 3 million join HCM City ao dai festival

Myriad activities honouring the traditional dress of ao dai brought close to 3.5 million visitors, including 480,000 foreigners, to Ho Chi Minh City last month.

Banks continue to cut deposit interest rates

A decrease in deposit interest rates has been recorded in a number of banks from the beginning of April.

Coffee, pepper prices forecast to keep rising due to supply shortages

The prices of Vietnamese coffee and pepper are forecast to continue increasing due to limited supply while the export of these products has also enjoyed relative growth, according to insiders.

Female painters showcase their own colours in group exhibition

An exhibition featuring artworks in various styles and mediums by ten female painters from across Vietnam will take place at the Fine Arts Exhibition Hall on Ngo Quyen Street in Hanoi from April 7-15.

Woman in Quang Ngai born with unusually-shaped feet

The feet of Nguyen Thi Huyen, an old woman in Quang Ngai, are special with two big toes touching each other. The characteristic makes people think of the feet of Giao Chi people, belonging to Vietnamese people of the distant past.

Gambling games online backed by international suppliers

Backed by international providers, gambling games and other betting forms have mushroomed in Vietnam and become more professional.

Activities held nationwide to commemorate Trinh Cong Son’s death anniversary

A wide range of events will be held nationwide to commemorate the 23th death anniversary of renowned Vietnamese songwriter Trinh Cong Son (1939-2001).

High-profile coaches interested in working in Vietnam

At least six coaches of different nationalities, who have had impressive CVs, have applied to be head coach of the national team of Vietnam.

Foreign billionaires visit Binh Dinh to seek investment opportunities

Billionaires from Asia recently attended the 2024 Investment Promotion Conference in Binh Dinh province to seek investment opportunities. Four projects, capitalized at VND1.059 trillion in total, were licensed at the event.

Vietnam aims to hit top 8 globally for IPv6 usage in 2024

Converting to IPv6, the most recent version of the Internet Protocol, is critical to ensure address resources for Internet development and connection with new services such as Internet of Things, cloud computing and 5G/6G networks.

The VND forecast to depreciate in H1/2024

On the interbank market, the average USD/VNĐ exchange rate is gradually approaching the peak of VNĐ24,867 per dollar from November 2023.

Vietnamese rice facing competition in the Philippines

The Philippine government is seeking to reduce its heavy dependence on Vietnamese rice by diversifying supply sources.

Australia helps Vietnam monitor, protect coral reefs

ReefScan is a modular suite of automated marine monitoring systems that translate field data into comprehensive information about the state and health of critical marine ecosystems such as coral reefs.

Vietnam faces serious shortage of aircraft: CAAV Director

Airplane engine manufacturer Pratt & Whitney’s recalling of a number of A321Neo aircraft operated by Vietnam Airlines and Vietjet Air has caused the domestic aviation industry to face a serious shortage of aircraft.

Vietnamese weightlifter wins International Weightlifting Federation World Cup

Lai Gia Thanh won the first title for Vietnam at the International Weightlifting Federation World Cup on April 1 in Phuket, Thailand.

Vietnam Business News April 2/2024

Vietnam’s business sentiment in construction positive in 2024

Vietnam to promote tourism through national diplomatic activities

Vietnam is leveraging its diplomatic activities to enhance its tourism image, which has garnered positive evaluations from experts in recent times.

Vietnam’s billionaires move up in Hurun Global Rich List

Chairman of Vietnamese private conglomerate Vingroup Pham Nhat Vuong, at 4.8 billion USD, moved 252 places to rank 678th in the Hurun Global Rich List 2024.

Coffee price at all-time high, exporters incur losses

Coffee prices have soared, causing some exporters of Vietnamese coffee beans to cancel contracts previously signed with partners.

Vietnamese farmers go green, circular economy takes shape

Vietnamese farmers understand that green agriculture and sustainable farming is a must to maintain their presence in the world market.