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Vietnam sees nearly 10,700 new businesses in January, foreign investment surges

While industrial production in Vietnam showed signs of decline in January, the economy benefited from a surge in business activity, foreign investment, and tourism. Nearly 10,700 new businesses were registered, and FDI inflows reached $4.33 billion.

Banking giants attract record deposits, Agribank leads with $78.6 billion

Vietnam’s banking sector reached new heights in 2024 as 26 banks reported total customer deposits exceeding $507 billion, marking a 12.89% increase from the previous year.

Hanoi residents crowd streets for La Hau star ritual to ward off bad luck

Hundreds of worshippers gathered at Phuc Khanh Pagoda on the evening of February 5 for the La Hau star appeasement ceremony. As the temple grounds overflowed, many stood on Tay Son Street, praying from a distance in hopes of a peaceful year ahead.

E-commerce, a game changer for textile manufacturers

With rapid digital transformation, online sales channels are becoming an essential strategy for businesses aiming to thrive in an increasingly competitive market.

Vietnam pushes for high growth: 16 provinces set to achieve 10%+ GRDP

The government’s new directive requires major economic hubs to achieve rapid growth, with Bac Giang, Hai Phong, and Quang Ninh among those expected to exceed 12% GRDP in 2025.

Vietnam identifies five provinces for large-scale nuclear power plants

The Ministry of Industry and Trade has identified five provinces in Vietnam as potential locations for large-scale nuclear power plants. These provinces are concentrated in the South Central, Central, and North Central regions.

Government sets ambitious growth targets, calls for increased productivity

Vietnam is targeting an 8% GDP growth rate in 2025 and double-digit expansion from 2026, but officials warn this will require extraordinary efforts.

Prime Minister calls for reducing recurrent spending to below 60% of budget

Prime Minister Pham Minh Chinh has ordered a reduction in recurrent expenditures to below 60% of total budget spending, reallocating funds for economic development and major infrastructure projects.

Land auction prices in Hanoi suburbs plummet, price inflation ends

The highest winning price at the latest land auction in Tan Phu commune in Quoc Oai district in Hanoi was VND76.6 million per sq m, down VND18 million, or 20 percent, from the figure in November 2024.

Hanoi chairman approves major water replenishment project for To Lich River

The Hanoi government has approved a strategy to revive the To Lich River by channeling Red River water and enhancing wastewater treatment.

High-school junior wins first prize over senior competitors

Despite difficult family circumstances, Yen Nhi has always tried to excel. As a student who narrowly made it onto a team of excellent students, Nhi unexpectedly made a breakthrough to win first prize at the national history competition.

Vietnam’s top spiker faces challenges in international stints

Two consecutive short-term contracts abroad highlight the challenges faced by Vietnam’s number one spiker, Tran Thi Thanh Thuy.

An old well unveils water source valued at trillions of VND

Twenty years ago, local residents drilling wells discovered unusual properties in the water from earth. The water source unexpectedly brought revenue of trillions of dong to the locality and helped to develop local tourism.

Two young men celebrate grand wedding, receive 15 taels of gold as gift

For those in the LGBT community, living true to one’s gender identity and being able to love and marry the person they love gives them tremendous happiness.

559 donors unite to support a woman who lost her Tet savings

After accidentally dropping her savings meant for Tet shopping, a poor woman in Quang Tri was overwhelmed by kindness. More than 559 donors came together to raise over $6,500 for her, demonstrating the power of community support.

Naked woman falls from car, driver penalized for unsafe door handling

A recent viral clip captured a dramatic scene in Vinh City, where a naked woman suddenly fell from a moving Hyundai i10.

Vietnam considers expanding urban governance model

The National Assembly Standing Committee is reviewing amendments to the Law on Local Government Organization, proposing the expansion of urban governance models and a shift towards a more centralized administrative system.

Flu outbreak warning: Severe cases lead to lung failure and rapid deterioration

Vietnamese hospitals are witnessing a surge in severe flu cases, with many patients suffering respiratory failure and requiring intensive care.

Preserving Vietnam’s sea snakes: A scientist’s lifelong mission

With over 20 years of experience, marine biologist Cao Van Nguyen has built an invaluable collection of sea snake specimens to support research and conservation efforts.

Modern VN: The nation's most iconic projects in nearly four decades of growth

Since the launch of economic reforms nearly 40 years ago, Vietnam has witnessed extraordinary development, marked by ambitious infrastructure projects and modern urban landscapes.