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High-tech FDI drives Vietnam’s economic evolution

High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.

50,000 exceptional antiques on display in home gallery open to public

Mr. Nguyen Hai Hung in Vinh Loc district, Thanh Hoa province is an antique collector who has amassed a collection of over 50,000 antiquities. He has a gallery open to the public for free.

President hosts newly-accredited ambassadors

President Nguyen Xuan Phuc on September 19 hosted separate receptions in Hanoi for Ambassadors of the Netherlands, Hungary, Australia and Luxembourg as they came to present their credentials.

45 years of Vietnam-UN ties: Reliable partnership for peace, cooperation, development

Since becoming the 149th member of the UN on September 20, 1977, Vietnam has always been a trustworthy partner and an active member of the organisation, with numerous important contributions to the implementations of its missions

Poor decisions in land management can cause loss of up to VND1 trillion: minister

Minister of Finance Ho Duc Phoc noted that there are many loopholes in land management, and one unreasonable decision is enough to cause VND100 billion or VND1 trillion to be lost.

Proptech startup Propzy suddenly ceases operation

As of June 2022, Propzy had raised 33 million USD, but the real estate technology platform has announced to stop operation.

Hanoi's railway café street: Safety mustn’t be exchanged for economic benefit

Hanoi authorities have decided to close the railway café street, even though it has been a popular tourism attraction in the capital city.

Morning brief news September 20

Prime Minister Pham Minh Chinh and Chinese Premier Li Keqiang expressed their delight at the development of ties between the two Parties and countries during their phone talks on September 19.

Hanoi to hold mass wedding for 30 couples

The youth authorities of Hanoi has planned a mass wedding ceremony for 30 couples on October 15 and 16.

Petroleum Law amended, with hopes of earning billions of dollars more

With new incentives, the revised Petroleum Law would allow projects to start soon, increase reserves by an additional 70-80 million oil barrels, and bring revenue of $1-1.5 billion.

Vietnamese foreign minister attends Queen Elizabeth II’s funeral

Minister of Foreign Affairs Bui Thanh Son, on behalf of the Vietnamese President, paid respects to Queen Elizabeth II at her state funeral held at Westminster Abbey in London on September 19.

Mini human figurines prove popular among consumers

Mini human figurines based on images of real people costing between VND1 million and VND5 million have become popular souvenirs within the domestic market.

VMO Holdings seeks to place Vietnam on global tech map

Global expansion has been one of VMO Holdings' goals for the past decade, and it has been realized in the US and Asian markets.

Vietnam, China prepare for high-level visits

Vietnam and China will coordinate well to best prepare for high-level reciprocal visits after the coming 20th congress of the Communist Party of China to ramp up their traditional friendship and comprehensive cooperation.

Laos plans to export electricity to Vietnam

The Lao Government and relevant energy companies plan to spend over 2 billion USD for the construction of a wind power project in Sepon district, Savannakhet province to serve domestic demand and export to Vietnam.

Still a distant dream

After 30 years of auto industry development, Vietnam’s auto parts industry can turn out a mere 300 parts and components out of the total 30,000 needed for a vehicle.

Hanoi artisan preserves the art of making toy figurines

For more than 20 years artisan Dang Van Hau of Phu Xuyen district in Hanoi has been researching ways to improve the traditional craft of making To he, toy figurines made from rice dough.

Corporate bond regulation: taking responsibility and building confidence

At a recent seminar on the corporate bond market, participants heard surprising statements made by members of the National Financial and Monetary Policy Advisory Council.

Five destinations to enjoy autumn vibes in Vietnam

Autumn is considered to be the most beautiful time of the year in the northern region of Vietnam when the sweltering heat of summer is replaced by a gentle autumnal breeze, and the leaves begin changing their colours.

VIETNAM NEWS HEADLINES SEPTEMBER 19

VN strives to reduce at least 20% of internal administrative procedures prior to 2025