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VIETNAM NEWS HEADLINES OCTOBER 9

Vietnam, Japan boost cooperation in traditional medicine

VIETNAM BUSINESS NEWS OCTOBER 9

Exports of forestry waste products likely to rake in billions of USD

Large breweries have the upper hand

After two years of the pandemic, the beer industry has begun recovering as restaurants, eateries, karaoke parlours and hotels have reopened.

Organic farm products face distribution problems

The organic farm produce market in Vietnam is full of potential. However, it is not easy to ‘go organic’ and distribute the produce.

Businessman moves up to 2nd on Vietnam's wealthiest list

Do Anh Tuan, a businessman from Thanh Hoa, has surpassed the asset value of famous billionaires, including Ho Hung Anh and Tran Dinh Long, with stock assets of VND34.318 trillion.

Vietnam retail sector to experience a rapid rebound next year

Vietnam’s retail sector is expected to experience a rapid rebound in the year ahead, according to the latest report conducted by Deloitte Vietnam.

Vietnam’s supporting industries seeking incentives

Vietnamese enterprises are looking for new opportunities amid shifting global supply chains and the volatile world economy, but restrictive policies could be in the way of this endeavour.

Vietnam picking up slack as hub for chips

High-tech investment is making a splash in Vietnam’s economic landscape, and so the country is emerging as the destination for semiconductor manufacturers, where local players are seemingly leading the way.

Authorities urged to step up fiscal scheme

With Vietnam’s economy recording a positive recovery, the government is accelerating the country’s largest-ever monetary and fiscal package.

Spillover FDI effects require levelling up

Foreign investment disbursement in the first nine months of 2022 reached the highest 9-month growth rate over the past five years - up 16.2 per cent over the same period in 2021, reaching $15.4 billion.

Tourism fears worker shortage as it prepares for Tet

Hoteliers were concerned over their business performance during the fourth quarter of the year and the Tet holiday due to staffing shortages amid the tourism industry regaining strong growth momentum.

Eco-industrial parks to become inevitable trend

Vietnam will continue to encourage investors to both develop eco-IPs and transition from traditional to ecological ones, which is set to contribute to the national target of reducing greenhouse gas emissions.

More airports in need to aid aviation sector's growth prospects

Building more airports proves important to keep abreast with the aviation sector’s upbeat growth prospects.

H'Hen Nie captures spotlight in international magazines

H'Hen Nie, Miss Universe Vietnam 2017, has recently been chosen to appear on the cover of popular fashion magazine Victor for its October edition.

Garment, textile, footwear industries face declining in orders

Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.

Vietnam ships 158 million mobile phones abroad over nine months

Vietnam exported a total of 158 million mobile phones to several major export markets across the world, including the EU and the US during the past nine months, according to the Ministry of Industry and Trade.

Bright spots in Hoa Binh Province’s social-economic picture in 2022

Gross domestic product in Hoa Binh province in the first 9 months of the year was estimated to increase by 10.32% over the same period last year.

Google for Startups match 50 Vietnamese startups startups with mentors

Of the 50 selected startups, 25 are based in Hanoi and will begin the program in November.

Vietnam c.bank commits banking sector’s stability amid SCB negative rumors

Negative rumors regarding the Saigon Bank (SCB) caused people to withdraw money from the bank ahead of the maturity dates.

HCMC’s gas stations suspend gasoline sales due to fuel shortage

Some 24 gas stations in HCMC have reported fuel shortages and temporarily stopped selling gasoline on October 7, according to the HCMC Department of Market Management.