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Apartment prices rise, people seek houses in small alleys

As apartment prices have been increasing rapidly, many people with limited financial capability want to buy small houses located in alleys.

Ten tonnes of Vietnamese longan exported to Australia

Nearly 10 tonnes of Vietnamese longan were exported to Melbourne, Australia, on August 10, according to the Vietnam Trade Office in Australia.

Power Plan VIII to remove more than 14 GW of coal-fired power

The Ministry of Industry and Trade (MoIT) has consulted the Government not to include 14,120 MW of coal-fired power in the national power master plan (PDP8) to achieve the goal of net zero emissions by 2050.

Vietnam to release strict regulation on cashless payment

The Standing Economic Committee of the National Assembly yesterday held a meeting to review the draft amended Law on Anti-Money Laundering (AML).

Tax Law in Vietnam inconsistent with income

The Law on Personal Income Tax aims to create fairness in all incomes of society.

Health ministry stresses homosexuality not a disorder

The Ministry of Health has underlined that homosexuality is not a disorder, demanding rectification of medical centres and experts who say they can “cure” homosexuality.

Vietnam to increase coal imports in 2025-2035 period: Ministry

Vietnam’s coal imports are forecast to rise to meet domestic production demand, according to a draft strategy for developing the coal industry in Vietnam recently introduced by the Ministry of Industry and Trade (MoIT).

Storm Mulan weakens into tropical depression

Storm Mulan weakened into a tropical depression after entering the Gulf of Tonkin on August 10 night, according to the National Centre for Hydro-Meteorological Forecasting.

BOT procedure roadblocks hindering venture progress

Investors of build-operate-transfer (BOT) infrastructure ventures with a completed construction phase are facing legal roadblocks in stake transfer, impeding capital flow circulation as well as narrowing their prospects of joining other projects.

Writers compose plays about Vietnamese identities across borders

Four second-generation Vietnamese writers from the Czech Republic, Germany, France and the US, have written short plays on what Vietnam means to them.

Plan to divide Vietnam into seven zones abandoned, six zones remain

In early 2019, the Ministry of Planning and Investment (MPI) suggested dividing the country into seven socio-economic development zones. However, after discussions, the plan was rejected.

Contractors reluctant to build as localities slow disbursement of funds

There are many reasons behind slow disbursement. One is building material price increases, which have caused contractors to reduce project activity.

Tourism returns to normal, but workers yet to return

After two years of the pandemic, many tourism workers have left for other jobs. New workers need to be recruited and trained.

VIETNAM BUSINESS NEWS AUGUST 10

More than 100 Vietnamese and foreign firms are showcasing advanced wood processing technologies, machinery and raw materials at the 2022 Vietnam BIFA Wood exhibition which opened in southern Binh Duong province on August 8.

VIETNAM NEWS HEADLINES AUGUST 10

Localities demanded to promptly brace for storm Mulan

Industrial parks, economic zones attract US$100 billion over 30 years

Over the past 30 years, industrial parks (IP) and economic zones (EZ) across the country have attracted more than US$100 billion of investment, and created jobs for more than 4 million labourers.

Largest Vietnamese private enterprises become key driver to national economy

Although top 500 largest Vietnamese private enterprises (VPE500) represents a small part of the number of enterprises, it has greatly contributed to the operations of the private enterprise sector and the national economy, according to insiders.

Global inflation threatens Vietnamese exports

Rising global inflation occurring in several major consumer markets such as the United States, Japan, and the EU, are putting increasing pressure on Vietnamese exporters.

Minister of Public Security takes responsibility for unaccepted new passports

The Ministry of Public Security accepts responsibility for the failure of the new passport model which has not been accepted by some countries, said Minister of Public Security To Lam at the National Assembly Standing Committee's Q&A session today.

Finance Ministry transfers 35 unusual stock mark cases to investigation unit

Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond markets.