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'Westerner' street in Da Nang accepts non-cash payments

The shops on the noisy street of An Thuong, called the ‘Westerner street’ in Da Nang, similar to Ta Hien in Hanoi and Bui Vien streets in HCM City, now accept online payments.

Smaller businesses continue to bemoan strict lending criteria

Despite falling interest rates, approximately a quarter of Vietnam’s small- and medium-sized enterprises are still grappling with capital access challenges.

Vietnamese enterprises enter international market

The Vietnamese business community is taking great strides on the path to bring Vietnamese-made products to the globe.

Hue Festival 2023 to include festive cultural events, fashion shows

The Autumn Festival, from July to September, will have 12 events including a fine art exhibition, an Áo Dài festival, traditional boat racing on the Hương River, and a photography competition.

VN advised tighten data protection to minimise ethical risks with AI

The Vietnam’s Decree No.13 is believed to be similar to a European Union (EU) law on personal data protection.

Young artists honour traditional crafts of Mekong Delta on YouTube show

Young Vietnamese artists are presenting a YouTube show highlighting the culture and traditional crafts of the Mekong Delta.

China, US, Japan become key importers of VN agro- forestry-fishery products

China, the US, and Japan continued to make up the three largest export markets for Vietnamese agricultural, forestry ,and fishery products in the opening seven months of the year, according to the Ministry of Agriculture and Rural Development.

Foreign media gives travel guide to Phu Quoc island paradise in Vietnam

Phu Quoc, the largest island in Vietnam, is a much-loved destination among both foreign and domestic tourists for its endless beaches and pristine national park, reported global travel website The Week.

Nearly 100 earthquakes reported in July across Vietnam

The earthquakes were assessed to be on small scales and not cause natural disaster risks but people should not be negligent.

Enjoying Saigon’s sidewalk coffee stands at night

Sitting on a sidewalk to sip a cup of coffee at night is an interesting experience for many tourists in HCM City.

Ministries disagree on rooftop solar power proposal

While some ministries think more investment incentives are needed to encourage the development of rooftop solar power, the Ministry of Industry and Trade (MOIT) believes there is no need to encourage this source of electricity generation.

Hanoi decides to continue to build Belt Road 5

Hanoi plans to build Belt Road No 5 prior to 2027. The route is expected to have a length of over 300 kilometers. The section road through Hanoi will be 48 kilometers long with six lanes.

Hanoi chairman thanks Blackpink

Chairman of the Hanoi People's Committee, Tran Sy Thanh, has just sent a thank-you letter to Kpop group Blackpink after their successful concerts.

Vietnam's top female badminton player eyes Paris Olympics

Vietnam's top female badminton player Nguyen Thuy Linh has an opportunity to particiate in an Olympics for the second time as she is in the group of athletes eligible to the 2024 Paris Olympics.

Changes in policies start on August 1, 2023

From August 2023, there are some changes in policies including new pension and social insurance allowance and vehicle registration.

Vietnam Manufacturing Purchasing Managers' Index ticks up in July

The Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to 48.7 in July from 46.2 in June, according to S&P Global - the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets.

VIETNAM BUSINESS NEWS AUGUST 1/2023

Brokerages forecast growth in several sectors in Q2

HCMC, Rotterdam signs MoU on seaport development

Following the success of cooperation between HCMC and Rotterdam, Vice Chairman of Ho Chi Minh City People's Committee Duong Anh Duc proposed to promote further cooperation in some fields.

Vietnam to balance rice export to ensure food security amid global rice shortage

Vietnam has been advised to take drastic measures to balance rice exports and reserves in a bid to ensure food security amid global food chain fluctuations, according to insiders.

Le Quang Liem jumps to 15th place in world chess rankings

Local chess player Le Quang Liem has climbed six positions to reach 15th place with an Elo of 2740, thereby being among the top 100 players for August, according to the International Chess Federation (FIDE).