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Indochina Kajima to pour 1 billion USD in industrial real estate in Vietnam

Indochina Kajima Development Company, a joint venture from Indochina Capital and Kajima Corporation, has recently launched Core5 Vietnam (www.c5ip.vn).

Vietnam wins election to Intergovernmental Committee for UNESCO Convention

The nation has been elected as a member of the UNESCO Convention for the safeguarding of the intangible cultural heritage (Convention 2003) for the 2022-2026 term with 120 approval votes, the highest among the elected countries.

Vietnam Civil Aviation Authority proposes air ticket prices hike

The Civil Aviation Authority of Vietnam (CAAV) has just proposed raising air service prices on domestic routes against a background of rising fuel prices.

Young enterprise’s goal of bringing world leading brands to VN

Lien Phong's efforts to expand its cooperation with foreign partners to bring world famous baby and healthcare brands to Vietnam has been repaid.

GDP grows but businesses complain about difficulties

Though the economic growth rate was 7.72 percent in the second quarter year-on-year, business associations say that enterprises are still facing difficulties.

Transport Ministry proposes fee reduction for different modes of transportation

Minister of Transport Nguyen Van The has issued a document suggesting the Ministry of Finance consider the adjustment of transport fees and charges from now until the end of 2022 due to the fuel price increment and impact of past Covid waves.

VN startup fills market need for chargers, headphones

Having been operational for two years, Velaboost has developed 29 types of products and sold 24,500 tech accessories.

Young singers grab spotlight on YouTube

Four young Vietnamese singers are presenting a YouTube show, expressing their passion for music and youthful enthusiasm and evoking beautiful memories.

Xiaomi launches production of smartphones in Vietnam

China-based electronics company Xiaomi has made investments into manufacturing smartphone components in Vietnam as part of its plan to compete against market leader Samsung of the Republic of Korea (RoK).

Sotheby's set to present its first exhibition in Vietnam

Renowned international auction house Sotheby's is scheduled to hold its first exhibition themed “Timeless Souls: Beyond the Voyage”, in Vietnam this summer.

Key lawmakers okay further tax cut on petrol, effective as of July 11

The National Assembly Standing Committee, at its extraordinary session on July 6, approved the Government’s proposal on additional environmental protection tax cuts on petrol and oil in an attempt to cool down the domestic fuel market.

Top Vietnamese leaders host Russian Foreign Minister in Hanoi

Party General Secretary Nguyen Phu Trong on July 6 received Russian Foreign Minister Sergei Lavrov who was in Hanoi for a visit to mark the 10th anniversary of the comprehensive strategic partnership between Vietnam and Russia.

Vietnam, Russia agree to bolster closer partnership during Hanoi talks

Vietnamese Foreign Minister Bui Thanh Son held talks with his Russian counterpart Sergei Lavrov in Hanoi on July, affirming Russia is one of the most important partners in Vietnam’s foreign policy.

T’Nung – A beautiful lake in Highlands

Aside from its vast forests, mountain ranges and the hospitality of the local people, Pleiku City in the Central Highlands province of Gia Lai is also home to one of Vietnam’s most beautiful lakes, the T’Nung Lake.

Hanoi to build $4.2mln road tunnel in Hoan Kiem District

The Hanoi People's Committee has approved the feasibility study report of an investment project to build a road tunnel for both pedestrians and vehicles in the historic downtown district of Hoan Kiem to improve traffic flow

Vietnam eyes stock market’s upgrade to emerging status before 2025

The ministry has been in frequent contact with both MSCI and FTSE Russell to update new information and their requirements to finalize the legal framework or address shortcomings in the market.

Young people reduce spending amid escalating prices

Cutting spending on eating out and going to cafés, restricting travel and spending less money on beauty services are all being done now to weather the price storm in Vietnam.

Real estate market stalls as cash flow slows

A number of realtors have reduced investments because of both legal problems and cash flow depletion, depriving people of opportunities to own accommodations, but also threatening economic recovery in post-Covid period.

Strange 'offerings' of high-school students pray for good luck for graduation exams

Some 12th graders in Hanoi brought "offerings" such as light bulbs, ballpoint pens and paper with their names, addresses, and exam registration numbers to the Temple of Literature to pray for good luck for the upcoming high school graduation exam.

VIETNAM NEWS HEADLINES JULY 6

International searches for Vietnamese tourism up 1,125% in June