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VIETNAM BUSINESS NEWS JUNE 25/2023

The BIFA Wood Vietnam 2023 fair will return to the southern province of Binh Duong from August 9-12, the event's organisers announced at a press conference in the locality on June 22.

Lai Chau: Creative ways to preserve ethnic cultural identities

Maintaining the activities of cultural and art clubs in schools has helped contribute to preserving and promoting the traditional cultural identity of ethnic minorities in Lai Chau province.

VIETNAM NEWS HEADLINES JUNE 25/2023

Chairman of Russia’s State Duma postpones Vietnam visit

Standard Chartered forecasts VN's 2030 export revenue to reach US$620 billion

Vietnam is poised to become a major driver of global trade growth, with its export revenue projected to reach US$618 billion by 2030, according to a report by Standard Chartered titled “Future of Trade: New opportunities in high-growth corridors.”

IVF services offer high profits

There are 53 centers for reproduction assistance and in vitro fertilization (IVF) in the country. With a cost of tens to hundreds of millions of dong for each operation, the service brings very high profits.

Vietnamese workers in Japan leave as yen depreciates

Many Vietnamese guest workers in Japan have decided to leave the country as the yen’s recent depreciation has badly affected their lives.

The rural villages without university students

Previously, having many university students in their communities was the pride of villagers. But now, their pride is centered on their children who train to become guest workers overseas and remit money to help parents build big, beautiful homes.

Vietnam, South Korea witness tourism boom post reopening

The highest number of visitors to Vietnam so far this year has been from South Korea, while the number of Vietnamese tourists to the Northeast Asian country has shown signs of recovery.

Ha Long City opens Bai Tho walking street

The Bai Tho pedestrian street officially opened on the evening of June 23 in Ha Long city, a famous tourist destination in the northern province of Quang Ninh.

RoK retains leading position as largest investor in Vietnam

With 9,666 projects capitalised at over US$81.5 billion, the Republic of Korea (RoK) has retained its position as the leading foreign investor in Vietnam, according to the Ministry of Planning and Investment (MPI).

Vietnam’s mắm nêm hailed by foreign media

Renowned food and drink website Tasting Table has published an article, noting that mắm nêm, a bold Vietnamese sauce, takes sweet and savory tastes to a new level.

Ten monkeys released into the wild at Bai Tu Long National Park

They belong to four species - long-tailed, rhesus, Assam, and stump-tailed macaques, scientifically known as Macaca fascicularis, Macaca mulatta, Macaca assamensis, and Macaca arctoides, respectively.

Quang Hai officially joins Hanoi Police FC

After saying goodbye to Pau FC in France, midfielder Nguyen Quang Hai has signed an 18 month contract with Hanoi Police FC.

Swans die from pollution in Haiphong river

Hundreds of swans released to the northern port city of Haiphong's Tam Bac River are dying from pollution.

New development policies for HCM City get lawmakers’ nod

With a majority of votes in favour, the National Assembly on June 24 passed a resolution on specific development policies for Ho Chi Minh City, the country’s largest economic and financial hub.

National Assembly successfully ends mid-year session

Deputies to the National Assembly concluded their 23-day mid-year sitting in Hanoi on June 24, successfully completing the entire working programme.

All major banks slash deposit interest rates

All major banks have slashed their deposit interest rates across all terms following the rate cut by the State Bank of Viet Nam (SBV) earlier this week.

President of Republic of Korea wraps up State visit to Vietnam

President of the Republic of Korea (RoK) Yoon Suk Yeol, his spouse and the high-ranking delegation of the country left Hanoi at noon on June 24, wrapping up a three-day State visit to Vietnam at the invitation of President Vo Van Thuong.

Terrorism case opened over Dak Lak attacks

According to the Ministry of Public Security, the Dak Lak attack is a terrorist case aimed at opposing the people's administration, causing particularly serious consequences.

Vietnam, RoK exchange 17 cooperation documents

President Vo Van Thuong and his visiting counterpart from the Republic of Korea (RoK) Yoon Suk Yeol witnessed the exchange of 17 cooperation documents across fields between agencies of the two countries after their talks in Hanoi on June 23.