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Southeast region prepares for new FDI wave

The southeast region is preparing conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region from the beginning of this year.

VIETNAM NEWS HEADLINES FEBRUARY 2/2023

PM chairs monthly teleconference with localities

Experts call for stricter penalties as drink driving soars over Tet

The maximum punishment for car drivers with alcohol concentration levels exceeding 0.4mg per litre of breath, or 80mg in 100 ml of blood, is a fine of VND40 million (US$1,693) and a two-year suspension of their driving licences.

Over 32% of apparel firms remain closed in Hanoi

Nearly a third of textile and garment firms have yet to reopen in Hanoi although the Lunar New Year holiday has ended.

Domestic tourism hits five-year high

Domestic tourism numbers hit 13 million in January, the highest in the last five years, according to the Vietnam National Administration of Tourism.

VIETNAM BUSINESS NEWS FEBRUARY 2/2023

Businesses exporting medicinal herbs to China required to register

Cashless payments on the rise: convenience and security for expats in Vietnam

As digital payment methods surge in popularity, expats in Vietnam are not alone in embracing the change to cashless transactions.

My Dinh Stadium needs money for more upgrading

Having been upgraded with a package worth VND408 billion, My Dinh Stadium is still in poor condition.

Vietnam needs more submarine cables to ensure internet services

Vietnam will need at least two or three more submarine cables to ensure proper internet services for the country's development in the next five years, according to Vu The Binh, Secretary-General of the Vietnam Internet Association.

Government convenes January meeting

The Government convened its first regular monthly meeting for 2023 in Ha Noi on Thursday under the chair of Prime Minister Pham Minh Chinh.

Scammers steal information, money on first days of Year of the Cat

The first days of the New Year are the time for scammers to increase their activities. The most common tricks are stealing information and money from victims’ accounts.

Over 1.9 million households still struggle with poverty: Ministry

There remained more than 1.97 million poor and near-poor households nationwide based on the multi-dimensional poverty standards, according to a survey conducted by the Ministry of Labour, Invalids and Social Affairs (MoLISA) in 2022.

Economic growth and market upgrade to draw capital

The prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market.

Solving housing issues for workers a key target for the labour sector: PM

Prime Minister Pham Minh Chinh highlighted creating more jobs, improving labourers' skills and giving priority to solving the housing issues of workers as the key tasks of the labour sector during a meeting in Hanoi on Wednesday.

HCM City to face economic challenges, recovery to be hit

HCM City is likely to face hurdles caused by a global recession this year and escalating uncertainty, Deputy Chairman of its People’s Committee Duong Anh Duc has warned.

British official in Vietnam to boost accession to CPTPP

Minister of State Greg Hands of the UK Department for International Trade arrived in Hanoi on February 1 for high-level trade talks on how the UK joining of the CPTPP will boost the economic firepower of the world’s most dynamic trade bloc.

Vietnam must step up carbon reduction to enter EU markets

Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy, said industry insiders and policymakers.

Vietnam, Trinidad and Tobago set up diplomatic ties

Vietnam and Trinidad and Tobago officially established the diplomatic ties on February 1.

New approach prepares employees for digital age

Fostering knowledge via online learning platforms is a new way of cultivating digital skills, thus creating a digital nation.

Real estate sector's debt hits VND1,200 trillion

Outstanding loans in the real estate sector have topped VND1,200 trillion, according to the Ministry of Construction.