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Vietnam’s internet economy worth US$21 billion last year

Vietnam’s internet economy was valued at about 21 billion USD in 2021, contributing to 5 percent of GDP and rising seven-fold from 2015.

PM's visit to the US emphasizes mutual trust in domestic and foreign policies

The Prime Minister’s working visit to the US on May 11-17 with a series of events has practical significance, contributing to the success of the foreign policy under the spirit of the 13th Party Congress.

Vietnam’s billion-dollar export strength in cashew nuts weakens

Vietnam has been the world's leading cashew nut exporter for the past 16 years, accounting for about 80% of the world’s total exports.

Researcher quits job, becomes 3D-jellycake artisan

After 12 years of working for a state research institute, 41-year-old Tran Thi Phuong Nga decided to resign and put away her master's degree to pursue making 3D jelly cakes.

Pet selfies at Mua Cave create online sensation

A collection of photos of a dog traveling with its owner in the northern province of Ninh Binh has amused many Internet users.

31-year-old monk ‘died and came back twice', 1.45m tall, weighs 28kg

Mr. Chau Soc Thon, 31, is a monk at Ta Pa pagoda in Tri Ton District in the southern province of An Giang, who stands at only 1m45 tall and weighs 28kg.

Vietnam's trade deficit returns

Vietnam incurred a trade deficit of US$2.7 billion in the first half of May, after earning a trade surplus of US$2.53 billion in January-April, according to the General Department of Vietnam Customs.

VIETNAM BUSINESS NEWS MAY 25

Mekong Delta eyes larger premium-quality rice areas to boost exports

Key southern economic region a magnet for FDI

With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination for FDI flows.

BIDV, ADB release report on Vietnam’s financial market

The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook.

Vietnam's pharmaceutical industry sees promising propects

The pharmaceutical industry is growing steadily because input costs are stable compared to other industries and businesses are less affected in a high inflation environment.

Mindset change needed to face rising inflation

The entire world is facing a possible risk of an economic recession and high inflation. To prepare for any severe onslaught, Vietnam needs to think in terms of its own rising inflation and growth rate and be well prepared for the future.

Vietnam's aviation industry needs more financial help to recover

Vietnam needs policies to support and remove difficulties for domestic airlines to regain their growth momentum in the post-COVID recovery period, transport experts said yesterday.

Tay ethnic group’s banh peng pha ranks first among VN’s top 100 specialities

In Tay ethnic group language, bánh pẻng phạ or bánh trời (heaven cake) has put Bac Kan on the map as one of the traditional speciality centres of Vietnam.

Provinces lack doctors due to low income

Doctor shortages have been growing across many provinces, despite efforts from the health sector to attract human resources.

VIETNAM NEWS HEADLINES MAY 25

NA discusses amended draft laws on medical check-up and treatment, cinematography

Trans-Vietnam highway project lags two years behind schedule

The trans-Vietnam 2,744-km-long Ho Chi Minh Highway Project was planned to open in 2020 but so far only around 86 percent of the work has been completed, Minister of Transport Nguyen Van The told National Assembly deputies on May 24.

Big-budget films compete with each other in movie market

There have been films invested VND50-60 billion in the Vietnamese film market. This trend seems not to stop and more money will likely be poured into the movie market.

Hanoi’s second metro line project delayed further 5 years

Hanoi Urban Railway Management Board has proposed delaying the Nhon-Hanoi Railway Station project for five years, with an additional investment capital expenditure of more than VND4.9 trillion (US$211.2 million).

Agri-tourism: Mekong Delta targets two birds with one stone

Ecotourism, especially agri-tourism will be a dominant trend as the Mekong Delta strives to develop its tourism industry, experts say.