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VIETNAM BUSINESS NEWS MARCH 24

Vietnam aims to rank among world’s top 15 exporters by 2030

 

Why is Vietnam favoured by international investors?

In the preview of an upcoming book titled “Time Traveling Economist”, author Charlie Robertson, the global chief economist of Renaissance Capital, has explained why Vietnam escaped from poverty to become a middle-income country

Quang Tri to have offshore wind farm worth $3 billion

Infrastructure Investment and Transportation Construction Joint Stock Company (Intracom) met with Quang Tri Province to discuss the research of the first-ever offshore wind farm in the province.

The National: Five reasons for travelers to visit Vietnam now

Gorgeous landscape and marvelous ethnic minority villages are among the reasons that UAE suggests travelers visit Vietnam.

Vietnam, South Korea eye upgrading ties, lift trade to $150b by 2030: Presidents

Vietnamese President Nguyen Xuan Phuc and President-elect of Republic of Korea (RoK) Yoon Suk-yeol on Wednesday held phone talks on various aspects of bilateral relations.

Binh Thuan Province farmers cut down dragon fruit trees on losing China market

Dragon fruit farmers in Binh Thuan Province have cut down thousands of trees and switched to other crops after suffering heavy losses due to low prices.

Vietnam, Southeast Asia’s tourism in post-pandemic period

The situation in Russia may affect the number of tourists to Vietnam and Thailand, favorite destinations for Russians in Southeast Asia.

Overtime capped at 60 hours per month

The National Assembly (NA) Standing Committee on March 23 adopted a resolution on overtime hours of employees in a month and in a year.

Rare and expensive fish species in Vietnam

These rare fish are popular with wealthy people because of their beautiful shape and the belief that they will bring luck and good health to the owner.

Vietnamese smartphone market to double sales this year

Along with the trend of upgrading phones to be compatible with 4G/5G networks, the local smartphone market in 2022 is forecast to double sales in 2021. Last year smartphone sales in Vietnam grew by nearly 12%.

Design of Hai Phong’s US$430 million administrative center approved

The northern port city of Hai Phong has approved GMP International GmbH’s designs of the city's political - administrative center and the convention and performance center.

Vietnam takes steps towards carbon credit market

Vietnam’s carbon market is expected to thrive in the near future, given that the country has large forest reserves and many corporations stand ready to pour billions of US dollar to purchase forest carbon credits from Vietnam.

Vietnam’s corporate bond market in 2021 surges by 56% to US$32 billion

The size of the non-banking corporate bond market is on the rise.

 

Digital vaccine passport to be issued nationwide

A vaccine passport will be issued based on information on the national vaccination management database, according to the Ministry of Health (MOH).

National Assembly Standing Committee debates amended Cinematography Law

Chair of the National Assembly Committee for Culture and Education Nguyen Dac Vinh said the examination agency has agreed to apply a post-examination mechanism for films popularized in cyberspace.

Booking combo tours is now in fashion

More tours with a mixture of different tourism products should be offered, according to experts. Travelers, for example, can have an outing, relax, and play golf.

Cassava enterprises seek help from PM as GDT asks to verify foreign clients

The Vietnam Cassava Association has lodged a complaint to the PM, saying that a number of enterprises are facing a risk of going bankrupt because of issues related to VAT (value added tax) refunds.

VIETNAM NEWS HEADLINES MARCH 23

Seven rescued tigers handed over Phong Nha-Ke Bang National Park

VIETNAM BUSINESS NEWS MARCH 23

FLC inks Vientiane-Vung Ang railway project

NA Standing Committee adopts resolution on environmental protection tax rates

The National Assembly Standing Committee on March 23 passed the resolution on environmental protection tax rates on petroleum, oil and lubricants, which will take effect from April 1 till December 31, 2022.