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Nguyen Huy Hoang fails to qualify for finals in Paris 2024 Olympics

Vietnam’s top swimmer Nguyen Huy Hoang failed to qualify for the finals in the 800m freestyle event at the Paris 2024 Olympics, finishing with a surprisingly low time.

Timor Leste President José Ramos-Horta set for State visit to Vietnam

Timor Leste President José Ramos-Horta will pay a State visit to Vietnam from July 31 to August 3, as both countries seek to deepen their historical ties and explore new areas of collaboration.

Prime Minister mobilizes experts to investigate surge in Kon Tum earthquakes

Prime Minister has ordered a thorough investigation by experts and scientists to determine the cause of the recent unusual increase in earthquakes in Kon Tum, and to promptly inform relevant authorities and the public.

Vietnam plans steep tax increases on cigarettes and alcohol

In an effort to curb consumption, the Ministry of Finance has suggested a steep increase in taxes on cigarettes and alcohol, detailed in the draft amendment to the Special Consumption Tax Law currently under review.

MOIT: private investors should not develop offshore wind power projects

The Ministry of Investment and Trade (MOIT) says that private investors should not develop offshore wind power projects until all issues related to national defence and national security are anticipated and assessed.

Hoi An's Japanese Bridge reopens after two years of restoration

After a comprehensive two-year restoration, Hoi An's iconic Chua Cau (Japanese Bridge), a symbol of the ancient town in Quang Nam province, is set to reopen to visitors in early August, showcasing its revitalized structure.

Vietnam sees 51% increase in international tourists, led by European influx

As of July 2024, Vietnam's international tourist arrivals have soared to nearly 10 million, a 51% rise compared to last year, driven by a substantial increase in visitors from Europe.

VN stock market awaits multi-billion dollar cash inflow

More valuable shares are expected to enter the bourse soon, and legal obstacles will be removed, thus paving the way for more foreign capital to flow into Vietnam.

Former FLC Chairman Trinh Van Quyet seeks redemption in final court plea

Trinh Van Quyet, the ex-chairman of FLC Group, stood before the court on July 29, delivering a final plea for a second chance while reflecting on his career's ups and downs and the serious repercussions of his actions.

VN investigates anti-dumping measures on hot-rolled steel from China and India

The Ministry of Industry and Trade has announced an investigation into the application of anti-dumping measures on certain hot-rolled steel products originating from China and India, effective from July 26, 2024.

Kon Tum hit by 32 earthquakes in two days: Causes and concerns

On July 28, Kon Plong District in Kon Tum Province experienced 21 earthquakes, followed by an additional 11 tremors between midnight and 7 a.m. on July 29, raising concerns about unusual seismic activity in the region.

Solutions to encourage international tourists to spend more in Vietnam

Many tourists report that their visits to Vietnam primarily involve sightseeing, beach outings, strolling and taking photos. Tourist destinations still lack a wide variety of entertainment and recreational services.

Khanh Hoa’s Cam Ranh City to host first-ever lobster festival

Cam Ranh City in the south-central province of Khánh Hòa will hold the first-ever lobster festival from August 3-11.

How expensive would tobacco be if the luxury tax was raised?

The Ministry of Finance (MOF) has proposed imposing a higher luxury tax on tobacco, with flat-rate duties to be fixed and raised year after year, from 2026 to 2030. Tobacco prices are predicted to increase proportionally in the next two years.

An upheaval called biometric authentication

The latest report from the SBV showed that after half a month of implementing biometrics, only two banks saw a biometric registration rate of over 20 per cent, and four other banks had a rate of over 10 per cent.

Oil tanker operators report massive profits amid soaring freight rates

Spot freight rates, time charter rates and secondhand vessel prices are all forecast to increase throughout 2024.

Majority of banks apply ESG practices in operations

Some 80-90 per cent of banks have partially or fully applied ESG (Environment - Social - Governance) practices in their operations, a State Bank of Vietnam (SBV)’s official said.

Trade value reaches nearly US$450 billion in January - July

For the seven-month period, exports totalled $226.98 billion, up by 15.7 per cent, in which the domestic sector accounted for 27.8 per cent and the foreign-invested sector (including crude oil) accounted for 27.2 per cent.

S Korean SMEs to find partners in Vietnam in August

About 25 small and medium-sized enterprises (SMEs) from South Korean will come to Hanoi next month.

Japanese man dreams to build a world new ceramics hub in Vietnam

Yukuse Onimaru, 52, is part of a collaborative initiative between Vietnam and Japan, which has been running for the past three years to train 52 students at the village and develop the local pottery industry.