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Skytrax ranks Noi Bai and Da Nang among top 100 global airports in 2024

Noi Bai International Airport in Hanoi and Da Nang International Airport in the central city of Da Nang have been named among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.

Global leading retailers to sound out market opportunities in Vietnam

A number of global leading retailers such as Walmart, Amazon, AEON, and Central Retail are set to come to Vietnam in June to seek supply sources for quality commodities from local businesses, according to the Ministry of Industry and Trade.

Unusual spell of hailstones strikes Quang Nam amidst dry season

An unexpected period of hail hit Tra Mai commune and Nam Tra My district in the central province of Quang Nam amidst the dry season, on the afternoon of April 18.

HCM City moves towards Net Zero

Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.

Localities get ready for fourth FDI boom

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.

Old loans must endure higher interest rates temporarily: central bank

Deputy Governor of the SBV Dao Minh Tu said that capital in the country's banking system remains abundant with full liquidity, even surplus with interest rates currently at a 20-year low, a great condition for businesses to borrow.

Cyberattacks posing real challenges to authorities, businesses

The National Cyber Security Center (NCSC) is warning about high risks of foxy cyberattacks as opposed to the somewhat indifference of the public on this matter.

Vietnamese youth pledge to join hands in climate change response

A representative of Vietnam has affirmed the youth’s commitment to joining hands in climate change response, while attending a plenary session of the UN Economic and Social Council (ECOSOC) Youth Forum in New York on April 17.

Ministry to issue circular restricting tobacco imagery in films,theatrical works

The Ministry of Culture, Sports and Tourism is currently collecting opinions on the draft circular to restrict tobacco imagery in films and on stages.

Vietnam Business News April 19/2024

Vietnam seeks contractors for national rice reserves

Where do remittances flow?

The roughly US$206 billion in remittances that Vietnam has received from 1993 (the first year remittances were recorded) until 2023 represent a "golden resource" for the economy. Where exactly are these country-loving funds flowing to?

Why did Apple CEO Tim Cook visit Vietnam?

Apple CEO Tim Cook paid a two-day business trip to Vietnam amid Apple’s problem in the first three months of 2024 – a 10 percent decline in smartphone sales compared with the same period last year.

Gold auction only considered as short-term measure to stabilize market

Despite the SBV’s decision to resume gold auction after 11 years, domestic gold prices are still rather high, meaning this solution is merely situational.

Vietnam News Headlines April 19/2024

Satisfaction of administrative services improves

Japanese writer Ono Eriko to arrive in Vietnam to meet book lovers

On the occasion of the 3rd Vietnam Book and Reading Culture Day in 2024, author Ono Eriko of comic book Miiko Desu! / Kocchi Muite! Miiko will come to Vietnam to exchange and sign books for readers who love the book.

VND110 billion sought for HCMC metro line’s trial run

HCMC Urban Railways No.1 Company Limited (HURC1) has proposed allocating nearly VND110 billion from the city’s budget to fund two months of trial run on the first urban railway of HCMC, in preparation for its commercial operation.

Vietnam downsizes offshore fishing fleet

The Ministry of Agriculture and Rural Development has cut the number of licenses for offshore fishing to 29,552, a 5.6% decline over the 2019-2024 period, to better protect marine resources.

Vietnamese can use e-ID for public services from early July

The Vietnamese Ministry of Public Security will issue electronic identification cards (e-ID) for citizens to transact with public administrative agencies without having to use a physical ID card from early July.

Multi-national e-commerce platforms increase presence in Vietnam

Vietnam, one of the most potential shoppertainment markets, is expected to become the fastest growing e-commerce market in Southeast Asia, given the increasing presence of multi-national e-commerce platforms here.

When Vietnamese folk music fuses with cello and beatbox

Thiên Thanh Band is made up of nine members, most of whom recently graduated from prestigious music institutions in Việt Nam and have won numerous awards.