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VIETNAM BUSINESS NEWS MARCH 22

Vietnam asks for Malaysia’s support to develop Halal food industry

Hanoi’s Old Quarter bustles again

Following the full reopening, many ancient streets around Hanoi welcomed a large number of citizens and people to play, enjoy cuisine and go shopping. This is a positive signal for the recovery of the capital city’s tourism.

Mobile Money still "finding the way"

Mobile Money was under consideration for three years, with the expectation of becoming a "personalized wallet" for every Vietnamese citizen, but after three months of trial, the results are not as good as expected.

Vietnamese tourists rush to travel abroad

After the full reopening of the country to foreign visitors, the inbound tourism needs more time to develop while outbound tourism has been so busy a few weeks ago.

Garment exporters face multiple challenges despite plentiful orders

Though the local textile-garment sector has received a host of orders, it is struggling with shortages of input materials and human resources, and rising logistics costs.

Two important little-known commitments about Nghi Son oil refinery

Some parts of an agreement signed with a foreign investor have pushed Vietnam into a dilemma.

HCMC’s traffic congestion has increased everywhere: Transport Minister

Traffic congestion is a serious problem in HCM City, having increased everywhere. As the population of the city continues to increase, traffic congestion is becoming worse.

Aviation industry sets target to welcome 43 million passengers

Vietnam’s aviation industry is targeting about 43 million passengers in 2022, including eight million international tourists, or around 50 per cent of pre-pandemic numbers, according to the Civil Aviation Authority of Vietnam.

Temperature projected to rise by 6°C in Vietnam by the end of 21st century

The temperature may rise by 6°C in Vietnam by the end of 21st century if climate change is not prevented, French and Vietnamese scientists warned in a joint research project.

Reenactment of 90s-style wedding shoot gains traction

The wedding images that replicated an 80-90s setting for a 9X generation couple in Hanoi were all taken with a smartphone.

Ukraine conflict, COVID make it double-whammy for Vietnamese businesses

Businesses in Vietnam are facing new challenges brought by the Russia – Ukraine conflict in addition to lingering COVID-19 problems.

Portal launched to track foreign suppliers on digital platforms

The General Department of Taxation on March 21 held a conference to launch a portal for foreign suppliers and an electronic tax mobile app - Etax-Mobile.

Local bank raises 260 million USD in international syndicated loans

VIB has raised 260 million USD in international syndicated loans from the Asian Development Bank (ADB), United Overseas Bank Limited (UOB) and nine Asian financial institutions.

Vietnam, Malaysia issue joint press statement

Prime Minister Pham Minh Chinh held talks with visiting Malaysian PM Dato’ Sri Ismail Sabri bin Yaakob in Hanoi on March 21.

Problems hinder VN medical sector from having publications in prestigious journals

Having scientific articles published in Nature and Science is a lifelong dream of many scientists, including countries with developed science sectors, according to Prof Ta Thanh Van, President of Hanoi Medical University.

An enjoyable experience at Lap An Lagoon

Lap An Lagoon, part of Lang Co Bay, around 70 kilometers from Hue City and 30 kilometers from Danang, was recognized as the world’s most beautiful bay by WorldBay Club several years ago.

Tour guides in Phu Quoc allowed to collect tips

This is the first time a professional association of tour guides in Vietnam has released a document not only allowing its members to collect gratuities but also fixing the gratuity levels that tour guides can receive.

Dong Dau ancient culture set for preservation

The historical and cultural values of the Dong Dau archaeological site in the northern province of Vinh Phuc will be further promoted thanks to a project to build the site into an archaeological park.

Postmart, VoSo help boost sales of local specialties

Tan Cuong tea, a famous specialty of Thai Nguyen province, is now available on Postmart.

Vietnam reduces thousands of MW of coal-fired power in development plan

The total coal-fired thermal power capacity in the eighth national electricity development plan (Plan 8) is 14,800MW lower than the revised seventh plan. Vietnam is also considering developing offshore wind power.