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Rising bad debts put pressure on commercial banks

The banking system is facing major problems in asset quality as bad debt has increased rapidly, while Circular 02 on debt restructuring will expire on December 31, 2024.

Vietnam eyes leadership in 5G and 6G technology after phasing out 2G

Vietnam’s 2G shutdown by late 2024 will free up spectrum for 5G and emerging technologies, aligning the country with global telecom advancements.

Unique Hai Phong delicacy draws diners despite its sandy appearance

Hai Phong’s river shrimp, a tiny crustacean resembling grains of sand, is a wintertime favorite, delighting diners with its unique taste and texture.

PM calls for safe, cost-effective New Year celebrations without public funds

The Prime Minister has advised local governments to organize cost-effective New Year fireworks displays without using public funds, ensuring festive joy while maintaining safety and thrift.

Nguyen Dynasty artifacts tell their stories with just a smartphone tap

Combining heritage and innovation, Hue’s Nguyen Dynasty artifacts are now equipped with NFC technology, enabling visitors to uncover their stories in vivid detail.

Ben Thanh-Suoi Tien Metro to operate 200 trips daily after December 22 launch

Metro Line 1, the first urban railway in HCM City, will operate 17 trains and offer free rides in its first month, with schedules tailored to peak commuting hours.

Streamlining VN’s political apparatus: A pivotal step for modern development

Vietnam is embarking on a bold journey to reform its political apparatus, addressing inefficiencies in a system designed decades ago. The effort reflects the leadership’s determination to align governance with modern developmental demands.

Boeing unveils multi-role defense and rescue aircraft at Vietnam Defense Expo

Boeing debuted four defense and rescue aircraft at Vietnam’s International Defense Exhibition, including the heavy-lift Chinook CH-47 and versatile ScanEagle UAV, aiming to expand partnerships in the region.

Suspect admits to setting Hanoi karaoke fire that killed 11 people

Angered by a fight, Cao Van Hung allegedly doused a karaoke venue in Hanoi with gasoline and set it ablaze, resulting in 11 deaths.

PM Pham Minh Chinh emphasizes self-reliant defense strategy at Defense Expo

At the 2024 Defense Expo, Prime Minister Pham Minh Chinh highlighted Vietnam’s dedication to peace and its focus on strengthening defense capabilities to address regional and global challenges.

Provincial departments to be streamlined, Hanoi and HCM City capped at 15

Vietnam plans to streamline provincial departments, limiting most provinces to 14 departments, while Hanoi and Ho Chi Minh City can retain up to 15, including the Transportation Department.

Spectacular air show marks the opening of Vietnam Defense Exhibition 2024

Thousands of spectators gathered along Long Bien-Xuan Quan dyke in Hanoi to witness Su-30MK2 fighter jets and Mi helicopters perform dazzling aerial maneuvers during the opening of Vietnam Defense Expo 2024.

South Korean driver arrested for deadly crash in Hoa Binh Province

Hong Soek Joo, a South Korean national, has been detained by Hoa Binh police for causing a fatal traffic accident on December 8, involving two tourists.

Vietnam’s T-90 tanks showcase strength at Defense Expo

The T-90S/SK tanks, equipped with advanced weaponry and robust defense systems, are a standout feature of Vietnam’s armored forces showcased at the 2nd International Defense Exhibition.

Traffic whistleblowers could receive US$250 per case under new proposal

A new proposal by the Ministry of Public Security suggests rewarding individuals up to 5 million VND for reporting administrative traffic violations, aiming to enhance road safety.

Cooling trend hits Hanoi real estate, with sharp price drops reported

After prolonged price surges, Hanoi’s real estate market is showing signs of stabilization, with some properties seeing price cuts of hundreds of millions of VND.

Reliving the historic 12 days of 'Hanoi - Dien Bien Phu in the Air'

"Hanoi - Dien Bien Phu in the Air" stands as a testament to the arduous, courageous, and resilient struggle of the armed forces and people of North Vietnam during the 12-day campaign against U.S. bombing in December 1972.

Gia Lai’s fermented crab noodle soup: a stinky but irresistible treat

This bold, aromatic noodle dish from Gia Lai may challenge your palate but promises an unforgettable experience.

Prime Minister orders strict action in Hanoi fire that killed 11

Prime Minister Pham Minh Chinh has ordered strict action and comprehensive support for victims after a café fire in Hanoi left 11 dead.

Ministries of Construction and Transport to consolidate, cut 35-40% of units

Vietnam’s Ministries of Construction and Transport will merge, reducing units by up to 40% in a historic move toward streamlined governance.