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Vietnamese Party chief’s upcoming visit in Chinese media spotlight

Major Chinese newspapers have all reported the forthcoming visit of Party General Secretary Nguyen Phu Trong, with emphasis on political trust and economic cooperation as expected contents.

Vietnam likely to enjoy US$10 billion trade surplus this year

Vietnam is on track to see a trade surplus of 10 billion USD this year despite enduring global market uncertainties and fluctuations, Minister of Industry and Trade Nguyen Hong Dien reported at the 15th National Assembly.

FDI inflows reach US$22.46 billion in 10 months

Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam attracts more than 2.35 million foreign tourists in 10 months

Vietnam welcomed over 2.35 million international visitors in the first 10 months of this year, 18.8 times higher than the figure in the same period last year, but still down 83.7% compared with the pre-pandemic level in 2019.

Hanoi's first nightlife district inaugurated

Open daily from 4pm until 2am, the district offers visitors exciting gastronomy, entertainment and shopping experiences.

VIETNAM BUSINESS NEWS OCTOBER 29

HCM City’s office leasing market sees positive signs

European investors eye greener incentives

European enterprises are focusing more and more on green investments to tap into fresh opportunities from Vietnam’s actions to achieve net zero by 2050, but they need legal improvements and incentives to facilitate their plans.

Vietnam to have ten large SOEs by 2025

The Government has set a target of having at least 25 State-owned enterprises (SOEs) with a market capitalization of over US$1 billion each by 2025, of which ten will have a market cap of over US$5 billion each.

Hanoi car toll-collection will be ineffective if hospitals, schools remain in inner city

Hanoi plans to pilot collection of fees from vehicles entering the inner city zone from 2024. However, analysts warn that the policy won’t ease congestion as large hospitals and schools are still located inside the city.

Users of apps, digital platforms rise in Vietnam

The number of users of apps and digital platforms in Vietnam in September rose by 17.59 percent compared to August, according to the Ministry of Information and Communication (MIC)’s September report.

Warehouses run out as sales to rise at year-end

E-commerce platforms are seeking warehouses to store goods to prepare for the year-end sales season.

Vietnam central bank withdraws VND138.84 trillion, exchange rate cools down

The State Bank of Vietnam (SVB) has withdrawn VND138.84 trillion from the last seven trading sessions and raised operating interest rates. The VND/USD exchange rate has cooled down.

Rice exports bring in US$3 billion for Vietnam

Vietnam’s rice price is now at a peak, thanks to which the country earned US$3 billion of export turnover in January-October 2022, reported the Ministry of Agriculture and Rural Development (MARD).

Laborers to have maximum three days off for 2023 New Year

Laborers will have maximum three days off to celebrate the 2022 New Year, according to the Ministry of Labor, Invalids and Social Affairs (MOLISA).

Government sustains six socio-economic development zones by 2025

Vietnam’s national development space would be divided into six zones, according to Government's Resolution No.138/NQ-CP

Street foods you should not miss when visiting Hoan Kiem Lake

Thuy Ta ice cream, the distinctive aroma of Ms.Lan's Khuc-pie wrapped in fresh lotus leaves, and the flavorsome taste of Bao Khanh chicken noodle soup may help diners in Hanoi to have the most enjoyable culinary experiences.

Banks find it tough to apply blockchain technology

Incomplete legal corridors, high investment costs, time-consuming data synchronization and a lack of qualified personnel have made it hard for Vietnamese banks to embrace blockchain technology.

Long Bien Bridge - A priceless part of Hanoi’s history

In 2022, Long Bien Bridge turns 120 years old. Overcoming the test of time, the past is clearly visible on each span of the bridge and it has become an invaluable part of Hanoi's history.

Best Halloween hangout spots in Hanoi

With Halloween approaching and just about everywhere nationwide, including Hanoi, getting in the festive spirit, here are a few suggestions for both locals and tourists seeking to celebrate a fun festival.

V.League 1 placed higher than Thai and Chinese Leagues at AFC’s rankings

The nation’s premier football league the V.League 1 has been ranked higher than the Thai League and the Chinese Super League in the October club competitions ranking as announced by the Asian Football Confederation (AFC).