The authorities of Ho Chi Minh City have decided to suspend investment in the Thu Thiem opera house project worth nearly VND2,000 billion (US$83.3 million) in order to have capital for other projects and the post-pandemic economic recovery program.

The prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation.

Vietnam ranks as the fifth most open economy in Asia out of 37 nations evaluated by Fitch Solutions in its Vietnam Trade & Investment Risk Report.

Vietnamese model Tran Manh Kien has been selected as the Vietnamese representative at Manhunt International 2022, the world largest male beauty contest.

The growth momentum of the seafood industry is likely to slow down in this third quarter due to the rising pressure of production and transportation costs, while purchasing power in major markets is expected to decrease.

Ly Hoang Nam has reached a world ranking of No 328, according to the ATP's latest release.

Minister of Industry and Trade Nguyen Hong Dien and Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura co-chaired the 5th meeting of Vietnam-Japan Joint Committee on Cooperation in Industry, Trade and Energy in Tokyo on August 23.

High inflation and market volatility have led to the cancelation of large numbers of wood orders, placing wood processing enterprises in Vietnam in a tough position.

Despite its high population, the lack of information technology workers has hindered the Mekong Delta region’s digital economic development.

Japan has launched a food and agro-forestry-fishery export supporting platform in Vietnam, one of Japan’s key farm produce buyers, to boost Japanese exports to Vietnam.

A Russian couple were caught illegally growing nearly ten cannabis plants on August 23 at a rented house in Ham Tien ward of Phan Thiet city in the southern central province of Binh Thuan.

Localities in northern Vietnam are expected to experience a long spell of heavy rain in the coming hours on August 25 when storm Maon moves closer to the northern coast, according to the National Centre for Hydrometeorological Forecasting.

As a rapidly growing economy, Vietnam is facing many difficulties in ensuring energy security, green and sustainable development, insiders have said.

More doses of Moderna vaccine against the COVID-19 pandemic will arrive in Vietnam next month to be injected to children aged from six to below 12, according to the National Institute of Hygiene and Epidemiology (NIHE).

A carton recycling initiative will be piloted in Ho Chi Minh City from August 2022 to March 2023, aiming to collect and fully recycle 3,000 tonnes of used drink cartons into new products, such as paperboard and eco-friendly roofing materials.

As the coronavirus pandemic has spread through Vietnam, so has the number of drugstores operated by major chains, Nikkei Asia reported on August 24.

More than 4,270 people died in traffic accidents in the first eight months of 2022, a rise of 8.67% over the same period last year, according to the National Committee for Traffic Safety.

During the 2016-2021 period, Hanoi recorded 2,961 fires and explosions, which killed 74 people and injured 133 others, causing damages worth nearly VND1 trillion.

The number of international searches about Vietnam's tourism on Google is growing by 50-75%, the fourth highest level in the world.

A trip to Ca Mau Province is the perfect place to try some amazing seafood. And while the area is famous for roasted oysters, xôi cua (sticky rice with crab) is certainly a must-try treat.