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Appropriate foreign ownership limit at banks expected to attract investment

Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.

Apple changes pricing strategy for iPhone 14 in Vietnam

Instead of adjusting prices of iPhone 14 in June as it did with iPhone generations in previous years, Apple has unexpectedly lowered the selling prices of the model.

Tech lay-off wave continues to bite at Vietnam’s heels

With major tech giants around the world letting go of tens of thousands of people, an uncertain future is predicted for the Vietnamese human resource market and its own tech industry.

Telegraph names Vietnam among best places in Asia to visit

As Asia finally emerges from the COVID-19 pandemic to welcome back visitors, this marks an ideal moment for travelers to make trips to Asian countries, including Vietnam.

HCM City state agencies unable to recruit 'excellent students' for last 5 years

The city has not been able to attract excellent students or young scientists to state agencies since 2018 because of the unattractive salary policy.

Two broken undersea cables linked to Vietnam to be fixed

Two among four broken undersea cables linked to Vietnam are scheduled to be fixed in March and April this year, reported the local media.

Northern region to see humid weather until April

The northern region of Vietnam will continue to experience humid weather until April, according to Nguyen Van Huong, head of the weather forecast division under the National Centre for Hydro-Meteorological Forecasting.

Vietnam works to ensure safer internet environment for all people

Deputy Minister of Information and Communications Nguyen Huy Dung emphasised the importance of a safe internet in the development process in Vietnam on the occasion of World Safer Internet Day 2023 (February 7).

Vietnamese striker Huynh Nhu performs well at Lank FC

On average, Vietnamese striker Huynh Nhu scores a goal every 122 minutes, ranking as the most effective striker for Lank Vilaverdense FC in the 2022-2023 football season.

PM Chinh’s Singapore, Brunei visits look toward cohesive ASEAN

Prime Minister Pham Minh Chinh’s upcoming official visits to Singapore and Brunei carry the message of joining hands for a cohesive ASEAN and a peaceful, stable, and prosperous Southeast Asia, Deputy Minister of Foreign Affairs Do Hung Viet said.

Driving training-testing establishments in 63 provinces to be inspected

The Ministry of Transport will set up three teams to inspect driver training and testing activities in 63 provinces and cities, expected to be completed by April 15.

Vietnam’s economy to “normalise” this year: VinaCapital

Investment management firm VinaCapital said it expects Vietnam’s economy and stock market to “normalise” this year after the COVID-19 pandemic.

Seven more Vietnamese officers to join UN peacekeeping mission in Africa

Seven officers received the Vietnamese State President's decision to join the United Nations peacekeeping mission in the Central African Republic, South Sudan and Abyei on February 7.

British naval patrol vessel pays friendly visit to HCM City

HMS Spey, the British Royal Navy’s offshore patrol vessel, anchored at Ho Chi Minh City’s port on February 7, beginning a five-day friendship visit to the city on the occasion of the 50th anniversary of diplomatic relations between the two countries.

Hoang Anh Gia La FC files  lawsuit against VPF

The People's Court of Nam Tu Liem District in Hanoi received a petition from Hoang Anh Gia Lai (HAGL) football club against the Vietnam Professional Football JSC (VPF).

Illegal fishing tackled with drastic measures to remove 'yellow card'

The Government, ministries and local authorities have been improving legal enforcement, supervision on the implementation of the law and traceability requirements through heavier fines on illegal fishing.

National water resources master plan looks to revive polluted rivers

Hanoi has treated water pollution at Nhue River, but the plan has not met the requirements. Meanwhile, urban area design plans along Lu and Set rivers in Thanh Xuan District are still under construction.

VIETNAM BUSINESS NEWS FEBRUARY 7/2023

Vietnam sets 2023 export target of US$394 billion

Trade ministry to support enterprises in boosting exports

The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) will collaborate with relevant agencies in carrying out measures to help enterprises expand their shares in foreign markets, said Vu Ba Phu, head of the agency.

Vietnam's textile industry faces headwinds in 2023 after poor results in Q4

After being heavily impacted by the COVID-19 pandemic, textile and garment enterprises have gradually recovered and were one of the key export industries that recorded extraordinary growth rates in the first months of 2022.