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Facebook: Vietnam to be top SE Asia region for e-commerce growth

A Facebook survey rates Vietnam as a home for digital transformation and forecasts that the market will lead the region in terms of e-commerce growth.

VIETNAM BUSINESS NEWS NOVEMBER 4

Finance ministry works on corporate bond market development

Bandwidth rules increasing prospects across businesses

With Vietnam’s long-awaited new rules to increase bandwidth, fresh business models are launching for local mobile operators and international tech players to venture further in the 5G era.

Ørsted to invest $11 billion in offshore wind farm near Hai Phong

Denmark’s Ørsted Group, the world's largest corporation in the wind power industry, has proposed an offshore wind power plant near Hai Phong, with an estimated investment of US$11.9 to $13.6 billion.

VIETNAM NEWS HEADLINES NOVEMBER 4

Foreign tourists can visit Vietnam from this month

Stock market liquidity exceeds 2.2 billion USD for first time

Liquidity on Vietnam’s stock market hit a new record on November 3 with nearly 52 trillion VND (more than 2.2 billion USD) worth of shares traded on all bourses.

Vietnamese PM holds series of meetings on the sidelines of COP26

On the sidelines of 26th UN Climate Change Conference of the Parties conference on November 1-3, PM Pham Minh Chinh had a series of meetings with government and state leaders, international organizations and agencies.

Welcome ceremony for PM Pham Minh Chinh in Paris

An official welcome ceremony was held for Prime Minister Pham Minh Chinh and a high-ranking delegation of Vietnam was held at the Invalides Palace, Paris, on November 3 afternoon (local time).

Fake messages on social networks pose threats to individuals and businesses

Fake messages can spread rapidly on social networks, becoming dangerous tools that harm individuals and businesses.

Students produce hand sanitiser from betel leaf oil

Betel leaf is popular in Vietnam, with many people regularly chewing betel and areca nuts, or as an indispensable part of betrothal gifts during an engagement or wedding ceremony.

Billionaire owner of VietJet among richest businesswomen in SE Asia

The positive signs in the stock market recently have helped Vietnamese billionaires, including Nguyen Thi Phuong Thao, become richer.

Nike to expand operations in Vietnam

Nike is committed to investing and expanding production in Vietnam, Chief Sustainability Officer Noel Kinder told Prime Minister Pham Minh Chinh at a meeting on the sidelines of the 26th UN Climate Change Conference in Glasgow on November 2.

Cat Linh-Ha Dong metro line to be handed over to Hanoi on Nov 6

The Ministry of Transport will hand over the Cat Linh-Ha Dong urban railway project to the Hanoi City government on November 6 for operation.

Huge tax revenue losses from e-commerce activity

When trading activities in the virtual environment yield huge profits, tax collection becomes a dilemma for many countries.

Meta establishes Climate Science Center in Vietnam

After changing its name from Facebook to Meta, the corporation has launched a new operation in Vietnam and other Asian countries.

Auto market hopes new policy results in more car sales at year end

If it is approved, the 50% cut in the car registration fee may take effect from November and last for six months. The cut is expected to boost the auto market after a long period of being affected by Covid-19.

VIETNAM BUSINESS NEWS NOVEMBER 3

Total state budget collection in the first ten months of 2021 fulfilled about 90.9 percent of the estimate and was up 5.5 percent year-on-year, showed data released by the Ministry of Finance’s Department of State Budget.

Health ministry asks localities to prepare plans for 3rd, 4th booster COVID-19 vaccine shots in 2022

The Ministry of Health has just issued a document asking municipal and provincial authorities to review their needs for COVID-19 vaccines, including plan for third and fourth booster shots in 2022.

Vietnam to purchase an additional 25 million doses of AstraZeneca vaccine

The Vietnam Vaccine Joint Stock Company (VNVC) on November 2 signed a contract to purchase an additional 25 million doses of the AstraZeneca COVID-19 vaccine with the pharmaceutical multinational company AstraZeneca.

Vietnam’s culinary world records recognized by WorldKings and WRA

For the first time, Vietnam has five culinary world records recognized by both the World Records Union (WorldKings) and the World Records Association (WRA), according to the Vietnam Records Organisation (VietKings).