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Businesses told to 'go green' or leave the market

The net zero emissions goal is prompting businesses to begin investing in green production.

Cai Mep among world's 30 largest ports

Cai Mep Port in Phu My Town, Ba Ria-Vung Tau Province, is now among the top 30 largest container ports in the world, according to consultancy firm Alphaliner.

BRT to be replaced by urban railways under Hanoi plan

Under the overall development planning which is now being amended, Hanoi aims to replace the existing BRT (Bus Rapid Transit) network with urban railways.

Best-selling author promotes reading culture

Best-selling author Nguyen Nhat Anh has been named the reading culture ambassador of HCM City in 2024-2025.

Railway, marine, waterway transport needs to find ways to increase market

After many years of restructuring the transport market, the transport market share now is less than 1 per cent for railway, and less than 20 per cent for maritime and waterway. The transport activities mainly depend on roads.

Nha Nam suspends CEO following sexual harassment allegations

Nha Nam has removed the personal apology posted by Nguyễn Nhật Anh on the company’s fanpage previously.

HCM City: hand, foot and mouth disease, dengue fever cases on the rise

The HCM City Centre for Disease Control said that in the past week, the city has recorded an increase in cases of hand, foot, and mouth disease (HFMD) and dengue fever.

Whale worshipping festival in full swing in Bac Lieu

The Nghinh Ong (whale worshipping) festival, an annual ritual where fishermen come together to pray for a good haul of fish from their catch, took place in Dong Hai district of the Mekong Delta province of Bac Lieu, on April 18.

Coffee exports hit record high in Q1/2024

Vietnam exported 585,696 tonnes of coffee worth US$1.9 billion during the first quarter of the year, recording the highest level since 2013, according to the General Department of Vietnam Customs.

Skytrax ranks Noi Bai and Da Nang among top 100 global airports in 2024

Noi Bai International Airport in Hanoi and Da Nang International Airport in the central city of Da Nang have been named among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.

Global leading retailers to sound out market opportunities in Vietnam

A number of global leading retailers such as Walmart, Amazon, AEON, and Central Retail are set to come to Vietnam in June to seek supply sources for quality commodities from local businesses, according to the Ministry of Industry and Trade.

Unusual spell of hailstones strikes Quang Nam amidst dry season

An unexpected period of hail hit Tra Mai commune and Nam Tra My district in the central province of Quang Nam amidst the dry season, on the afternoon of April 18.

HCM City moves towards Net Zero

Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.

Localities get ready for fourth FDI boom

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.

Old loans must endure higher interest rates temporarily: central bank

Deputy Governor of the SBV Dao Minh Tu said that capital in the country's banking system remains abundant with full liquidity, even surplus with interest rates currently at a 20-year low, a great condition for businesses to borrow.

Cyberattacks posing real challenges to authorities, businesses

The National Cyber Security Center (NCSC) is warning about high risks of foxy cyberattacks as opposed to the somewhat indifference of the public on this matter.

Vietnamese youth pledge to join hands in climate change response

A representative of Vietnam has affirmed the youth’s commitment to joining hands in climate change response, while attending a plenary session of the UN Economic and Social Council (ECOSOC) Youth Forum in New York on April 17.

Ministry to issue circular restricting tobacco imagery in films,theatrical works

The Ministry of Culture, Sports and Tourism is currently collecting opinions on the draft circular to restrict tobacco imagery in films and on stages.

Vietnam Business News April 19/2024

Vietnam seeks contractors for national rice reserves

Where do remittances flow?

The roughly US$206 billion in remittances that Vietnam has received from 1993 (the first year remittances were recorded) until 2023 represent a "golden resource" for the economy. Where exactly are these country-loving funds flowing to?