LNG-fired power too expensive, pricing problems remain unsettled

LNG-fired power is seen as a good solution to emission reductions because power plants running on LNG generate 50 percent fewer CO2 emissions than one burning coal. But production costs will be high, VND2,400-2,800/kwh.

CAAV requests airlines to increase flights on domestic routes during holidays

The booking rates on flights from Hanoi and HCM City to localities had mostly reached over 75 per cent on the first day of the official holiday, April 27.

Heavy showers, hail hit Lao Cai

The hailstones measured 2-3cm, some as large as hen’s eggs.

Vietnam Business News April 24/2024

HCM City seeks to draw remittances in infrastructure

Minister Nguyen Manh Hung: The future of ASEAN is digital technology

Minister of Information and Communications Nguyen Manh Hung said that the future of ASEAN is the digital future. Vietnam is ready to share experiences and learn from ASEAN partners.

Semiconductor workforce development a breakthrough: PM

Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.

Vietnam News Headlines April 24/2024

Dien Bien Phu Victory highlighted at symposium in Israel

More officials investigated for suspected links with Phuc Son Group JSC

The police have officially started legal proceedings against Vice Chairman of the Vinh Phuc provincial People’s Committee Nguyen Van Khuoc and five others for their suspected involvement in the case at the Phuc Son Group JSC.

Three Vietnamese female referees to officiate at U17 Women's Asian Cup finals

Three Vietnamese female referees have been invited to officiate at the 2024 AFC U17 Women’s Asian Cup finals, the Vietnam Football Federation (VFF) has announced.

Standard Chartered lowers Vietnamese GDP growth forecast to 6%

Standard Chartered Bank has moved to lower Vietnam’s GDP growth forecast for the year to 6% from the previous figure of 6.7% due to lower-than-expected growth in the first quarter of the year and global trade headwinds.

PM chairs meeting of national committee for digital transformation

Prime Minister Pham Minh Chinh chaired the eighth meeting of the National Committee for Digital Transformation on April 24.

Chinese nationals arrested for involvement in illegal exit to Laos

Border guards of the central Quang Tri province have arrested four Chinese citizens and a Vietnamese man for their involvement in organising illegal exit from the nation into Laos.

National awards honour 84 technical innovations

Eighty-four works were honoured with the 17th National Technical Innovation Awards at a ceremony held in Hanoi on April 23.

Vietnamese beauty judges Miss Eco International 2024

Nguyen Thanh Ha, the winner of Miss Eco International 2023, is currently working as a member of the judging panel of the beauty pageant’s 2024 edition which is being held in Egypt in April.

Vietnam reports increase in hand, foot, and mouth cases

Since the beginning of this year the country has recorded a total of 13,746 cases of hand-foot-mouth disease (HFMD), an increase of 2.5 times compared to the same period from 2023, according to the Ministry of health.

Mercedes cars' prices fall by VND700 million, but buyers say ‘too expensive’

The manufacturer has cut Mercedes cars’ suggested retail prices by VND210-719 million, and dealers have cut prices further.

Nha Trang aspires to be 'global creative city'

Building Nha Trang into a Global Creative City, where the world's intellectual resources and elites would gather, will be the solution to opening a new stage of development for the coastal city.

Ministry of Health drafts decree to enhance cosmetics management

Out of 965 domestic production facilities, only 35 meet the standards set by ASEAN for good manufacturing practices in cosmetics.

Miss Eco Teen Int'l 2021 opens debut concert of Saigon Int'l Student Orchestra

The Saigon International Student Orchestra (SISO) made their first public appearance with a debut concert held at VOH Music One - Opera House in HCM City.

Vietnam urged to build legal corridor for AI industry

Vietnam needs a policy on artificial intelligence (AI) to help this industry develop strongly, while minimising risks, according to insiders.

SBV takes more actions to stabilise foreign exchange rates

The State Bank of Vietnam on April 23 took some moves in the inter-bank market in the face of surging USD/VND exchange rates.

Vietnam lose to Uzbekistan in last group match; face Iraq in the quarters

Vietnam lost 0-3 to Uzbekistan in the final match of Group D in the 2024 AFC U23 Asian Cup.

Vietnam joins ASEAN Film Festival in London

Vietnamese film “Story of Pao” by director Ngo Quang Hai will be shown at the ASEAN Film Festival 2024 which opened in London on the night of April 22.

Ministry orders solutions to ensure information security

The Ministry of Information and Communications has requested organisations, and enterprises to take measures to ensure cybersecurity during the celebration of the upcoming holiday.

Businesses concerned about rising exchange rate pressure

Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.

Central bank successfully auctions 3,400 taels of SJC-branded gold bars

The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.