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Vietnam’s opportunities in CBDC race

Eighty-six percent of central banks, including Vietnam's,  are considering the Central Bank Digital Currency (CBDC) for their economies.

Da Nang moves toward building a smart tourist ecosystem

Da Nang has signed cooperation agreements with three enterprises to step up communications, promote destinations and move toward building a smart tourism ecosystem.

Hanoi City suggests travel ban on tax debtors

Authorities in the capital city of Hanoi said they would coordinate with the Vietnam Immigration Department, under the Ministry of Public Security, to ban legal representatives of enterprises that owe taxes from exiting Vietnam.

Hai Duong province's former Party Secretary detained in COVID-19 test kit scam

The police have issued a detainment and prosecution decision against former Secretary of the Party Committee of Hai Duong province Pham Xuan Thang and former director of the provincial health department Pham Manh Cuong.

Hunting the dawn on Thuy Xuan beach

Coming to Thuy Xuan beach at dawn makes one feel they are in the middle of nowhere. The water surface resembles a giant mirror reflecting the sky, as if there was no boundary between the sea and the sky, creating an infinite space.

VIETNAM BUSINESS NEWS SEPTEMBER 18

Vietnam remains world's second biggest coffee exporter

Gov’t orders stoppage of household registration book requirement

The prime minister has signed a resolution ordering the authorities at all levels to abandon the requirement that residents produce their household registration books for civil transactions and administrative procedures.

MoF proposes to reduce fees by up to 50 per cent to support transport sector

The Ministry of Finance (MoF) is drafting a proposal to reduce fees by 20 to 50 per cent for four transport types to help the sector recover.

Street performances launched outside Opera House

HCM City has launched a special music programme offering street performances outside the Opera House in District 1, as part of its efforts to entertain and attract locals and visitors.

VIETNAM NEWS HEADLINES SEPTEMBER 18

National steering committee on green growth established

Banning coffee shops on Hanoi's ‘train street’: Better solutions should be sought

According to a report made by the People’s Committee of Hàng Bông Ward, there are 15 business households running coffee shops along the train line. Only four follow safety regulations and have a business licence, Vietnam Television cited.

Discovering golden paddy fields in northern region this autumn

Sa Pa, Mu Cang Chai, and Hoang Su Phi represent ideal destinations in which travelers can view golden paddy fields in the northern region this autumn.

Quynh Hoa named winner of Supermodel International 2022

Vietnamese representative Bui Quynh Hoa became the winner of the Supermodel International 2022 contest which concluded in Chiang Mai, Thailand, on September 15.

Construction Ministry plans changes to estate brokerage regulations

According to the Ministry of Construction (MOC), many individual real estate brokers do not declare and pay taxes as required by the law. Current regulations don’t have tools to control this, which causes loss of revenue to the state budget.

Vietnam facilitates foreign firms’ investment activities: PM

PM Pham Minh Chinh chaired a hybrid meeting with foreign-invested enterprises and business associations on September 17, during which he pledged to create favourable conditions for FDI enterprises to invest successfully and sustainably in Vietnam.

Paragliders enjoy spectacular flights over Mu Cang Chai terraced fields

Dozens of professional Vietnamese and foreign paragliding pilots will gather to showcase their spectacular and innovative paragliding skills in Mu Cang Chai, home of one of the 10 most beautiful terraced rice fields in the world.

Construction Ministry plans to build 1.8 million apartments for low-income earners

The Ministry of Construction (MoC) has submitted a plan to build over 1.8 million apartments under a social housing scheme for low-income earners and workers in industrial zones (IZs) by 2030.

Vietnam to cut gas power capacity in electricity development plan

The Ministry of Industry and Trade (MoIT) has been told to finalise the National Power Development Plan VIII (PDP VIII) for 2021-2030 with a vision to 2045, focusing on reducing coal power plants.

Super-cars seized or sold after famous owners jailed or indicted

In Vietnam, many businessmen have bought Roll-Royce special edition cars priced at tens of billions of VND. But those cars were seized or sold after the owners were arrested or imprisoned for illegal acts.

VIETNAM BUSINESS NEWS SEPTEMBER 17

Vietnam remains world's second biggest coffee exporter