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VIETNAM BUSINESS NEWS JANUARY 6

Over $549 million invested in HCM City’s export processing, industrial zones

Indonesia deploys over 3,600 police for semifinal first leg with Vietnam

In a written notice on January 5, the police said 3,500 security personnel and 500 service staff have been ready for the match.

Vietnam offshore wind power sparks influx of foreign investment: Nikkei Asia

Nikkei Asia, a news service in Japan, ran an article on January 6 saying that Vietnam's offshore wind power sparks an influx of foreign investment.

Quang Ninh: Only Chinese arrivals with virus symptoms subject to COVID-19 testing

The northern border province of Quang Ninh has initiated plans to welcome back Chinese tourists to the locality following the northern neighbour moving to lift its stringent zero-COVID policy.

Vietnamese exporters ready for Chinese market’s reopening

Vietnamese businesses, especially those operating in the agricultural sector, have made all necessary preparations and are ready for the reopening of the Chinese market from January 8.

HCM City’s Tet Festival 2023 opens

The HCM City’s annual Tet Festival 2023 honoring Vietnamese cultural identities on Tet holidays and introducing beautiful images of a peaceful spring in the southern metropolis to visitors opened at the municipal Youth's Cultural House on January 5.

Five more detained as auto inspection center bribery probe expands

Four deputy directors and one employee at the 98-06D auto inspection and registration center in the northern province of Bac Giang have been detained for allegedly receiving bribes.

Son Doong among world's 10 most incredible caves: Canadian magazine

Son Doong Cave in the central province of Quang Binh has made its name into the list of 10 'most incredible caves in the world' compiled by Canadian magazine The Travel.

Vietnam’s money supply forecast to rebound in 2023

After hitting a record low in 2022, Viet Nam’s money supply (M2) will rebound in 2023 and become an important driver for the recovery of the stock market, KB Securities Vietnam (KBSV) forecast.

Collaboration with Cambodian police leads to more than 3,000 drug arrests

The Vietnamese and Cambodian police have closed four critical cases and detained two dangerous criminals at the head of multiple drug trafficking rings across the border.

The 'proud differences' set in 2022

Vietnam’s GDP grew by 8.02 percent in 2022, the sharpest growth rate since 2007. Meanwhile, the inflation rate was only 3.15 percent, a nice surprise if noting that pressure on inflation was low.

Vietnam’s economy increases by tenfold after 12 years

Vietnam’s economy totaled US$409 billion in 2022, or 10 times higher than that in 2000, according to the Government’s report released Tuesday.

Petrol price adjustment cannot be applied to electricity

Minister of Industry and Trade Do Thang Hai said an electricity price adjustment is being considered, but noted that it is impossible to adjust the electricity price in a short cycle as is now being done to gasoline prices.

Minister of Home Affairs aims for 'turning point' in civil service

Minister Pham Thi Thanh Tra has put forward priorities for the Ministry of Home Affairs (MHA) in 2023.

Tough year expected for banks in 2023

With a dim outlook for the banking industry, most securities firms expect conservative profit growth for banks in 2023.

Schools aim to have Tet bonuses for teachers

Like other workers, teachers are looking forward to receiving Tet bonuses. Schools in remote areas promise a bonus of just hundreds of thousands of dong, while other schools offer a bonus of tens of millions of VND.

Investors pocket moderate profits from gold in 2022

Although 2022 was a year of gold price fluctuations, investors in early 2022 were able to make a profit.

Hanoi's insect-loving answer to Ant-Man

Bui Ngoc Cuong might appear to be an ordinary Hanoi-based office worker, but he has made a name for himself with an unlikely hobby: raising ants as pets.

Van Hau among top five defenders of AFF Cup’s group stage

Vietnamese defender Doan Van Hau has been named among the best five defenders who impressed the most during the group stage of the AFF Mitsubishi Electric Cup 2022.

Mo So, an amazing and ancient cave in Ha Tien

Mo So means white stone. That is the name the Khmer people called the interconnected caves, with many nooks in the mountain, its walls are limestone.