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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.

Van Thinh Phat chairwoman arrested for alleged fraud

Truong My Lan, founder and chairwoman of Van Thinh Phat Holdings Group Corporation, a Vietnamese diversified investment group, has been prosecuted and detained for allegedly appropriating assets.

VIETNAM BUSINESS NEWS OCTOBER 8

Budget revenue from tax reaches nearly 94% of estimate

VIETNAM NEWS HEADLINES OCTOBER 8

National master plan for 2021-2030 scrutinised at Party Central Committee’s plenum

Public investment hits forward motion

Overcoming a number of socioeconomic difficulties, local public spending disbursement has been accelerating nationwide to ensure goals are reached.

VN's electric vehicle market sees great potential

Experts believe that Vietnamese people have gradually opened their hearts to green cars.

Vietnamese tourism industry seeks to attract Indian visitors

India has emerged as a tourism market that boasts huge potential as it supplies a steady source of visitors to regional countries, including Australia, Thailand, Singapore, and Vietnam.