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VIETNAM BUSINESS NEWS OCTOBER 26/2023

Apartment prices in Hanoi, HCMC City on the rise amid limited supply

Three major cities listed among fastest growing destinations for digital nomads

Da Nang, Hanoi, and Ho Chi Minh City have been named among the world’s 10 fastest-growing remote work hubs for this year, according to details given by experts at Nomad List, a database of remote workers.

Six key commodities see exports down by over US$1 billion each

As of September, there have been six key Vietnamese commodities with export value enduring a decrease of at least US$1 billion each, according to the General Department of Vietnam Customs.

Reprimands proposed for former EVN chairman and five officials

The Commission for Management of State Capital at Enterprises has proposed reprimands for six officials of Việt Nam Electricity (EVN).

Central Vietnam tourism eyes growing tour links

The Central Vietnam Roadshow aims at expanding the potential international market and promoting the brand Amazing Central Vietnam Heritage in connection with tourism businesses from the region.

Vietnam's Hoang Phuong named fourth runner-up at Miss Grand International 2023

Peruvian contestant Luciana Fuster was crowned Miss Grand International 2023 during the grand finale held on October 25 in HCM City. Vietnamese representative Le Hoang Phuong was named fourth runner up.

Vietnam commits actions for sustainable development at Global Gateway Forum

Vietnam is ready to cooperate with other countries to realise the sustainable development goal through sharing its potential and strengths, Deputy Prime Minister Tran Hong Ha said at the 2023 Global Gateway Forum in Brussels.

18 out of 20 mpox cases in HCM City are HIV-positive

In response to these health concerns, the HCM City Department of Health recently held an online conference to discuss the situation of infection detection and treatment with neighbouring provinces in the southern region.

Hanoi’s Phu Xuyen District to celebrate its traditional crafts

Phu Xuyen artisans will showcase their skills of creating craft products like to he (traditional Vietnamese toy figurines), bamboo, rattan or mother-of-pearl inlaid items.

Fine arts graduates showcase art works at city museum

Three graduates of HCM City Fine Arts University are showcasing their new works at the city Fine Arts Museum.

VN-Argentina agreement on mutual legal assistance in criminal matters approved

President Vo Van Thuong has signed a decision ratifying the Agreement on Mutual Legal Assistance in Criminal Matters between Vietnam and Argentina, as recently proposed by the Government.

VIETNAM NEWS HEADLINES OCTOBER 26/2023

Parliament passes resolution on results of vote of confidence

Digital media spreads Ha Giang's image

On the afternoon of October 25, Ha Giang province held a workshop with the theme: "Digital media spreads Ha Giang's image".

Lo Lo people’s awareness for the role of science and technology improved

The development and application of scientific and technological advances in production plays a very important role in improving the living standards of ethnic minority groups, for example the Lo Lo ethnic group in Cao Bang Province.

ADB, Switzerland aid fintech development in Vietnam

The Asian Development Bank and the State Bank of Vietnam held a kick-off ceremony marking the implementation of the Swiss-funded $5mil technical assistance, which aims to nurture financial technologies serving financial inclusion improvement in VN.

Resort real estate selling at loss because weak demand

Even when resort real estate owners sell properties at a ranging from hundreds of millions to billions dong, they still cannot find buyers. People hope that prices will go down further.

Vietnam remains bright spot on world map of economies

After the first two sluggish quarters of the year, Vietnam’s businesses have seen the light at the end of the tunnel.

PM: VND560 trillion arranged, enough for wage reform for 3 years

Thanks to increased collections and expense savings, the government has set aside a wage fund of VND560 trillion, ensuring enough resources for wage reform to be carried out in 2024-2026.

VN supporting industry: low quality, high price

The scale and capacity of Vietnamese supporting industry enterprises are still limited.

Vietnamese companies to raise salaries this year more than foreign firms

The overall salary increase this year is 7.9 per cent at local companies, 0.2 percentage points higher than last year.