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VIETNAM NEWS HEADLINES SEPTEMBER 3

Google Doodle celebrates Vietnam’s National Day with mythical bird image

The disillusionment about FDI and the middle-income trap

In order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected.

Discovering Southeast Asia’s largest waterfall in Vietnam

Located in the northeastern province of Cao Bang, Ban Gioc Waterfall, the largest in Southeast Asia, was named as one of the 21 most beautiful waterfalls in the world by magazine Travel + Leisure of the United States.

Finland accepts Vietnam’s newly issued passport with added information

The Finish Ministry of Foreign Affairs has decided to recognise Vietnam’s newly issues passport as long as information about the holder’s place of birth is properly added and stamped in the passport.

Bright prospect ahead for Vietnamese rice exports

With the global food price index recently reaching its highest point, there is a positive outlook ahead for rice exporters in Asia, including Vietnam, moving forward, according to industry insiders.

Unified industrial legislation sought

The Vietnamese government is being advised to formulate a new law on industrial development in order for the country to have a more proper legal network that can attract more industrial investors.

Exporters urged to change way of doing business to ease entry into choosy markets

A Vietnamese enterprise once had to pay compensation for an entire consignment of products to the Japanese partner after a few hairs were found in some packages of products.

Locally-made cars requiring new approach

Vietnam’s ambitions for its automobile supporting industry are facing upheaval with the country’s localisation ratio about to be scrapped.

Due date real estate bonds heap pressure on developers

Although real estate experts are worrying about a debt of VND 360 trillion ($15.6 billion) in bonds that will be due date in the 2022-2024 period, some businesses have returned to issuing bonds for potential investments in their next periods.

Beautiful Con Dao Island seen from above

If you love to explore the wild beauty of far-reaching lands or want to escape the noise of the city, Con Dao island is a good choice.

“Things Everlasting 2022” concert showcases Vietnam’s aspirations

After a two-year hiatus due to the Covid-19 pandemic, VietNamNet’s Things Everlasting (Dieu Con Mai) concert 2022 returned with the theme “Vietnam’s Aspiration”.

Petrol retailers demand major changes

Retail petroleum businesses have asked to stop contributing to the petrol price stabilisation fund, increasing the commission to reduce losses and permanently withdrawing the licence of unprofitable retailers.

VIETNAM BUSINESS NEWS SEPTEMBER 2

Quang Ninh starts work on large industrial factory complex

VIETNAM NEWS HEADLINES SEPTEMBER 2

Decree details conditions for granting registration certificates to foreign NGOs

Le Quang Liem reaches world highest ranking

Grandmaster Le Quang Liem has reached his best world ranking as he enters top 20 strongest chess players in September.

Cost-cutting measures aid debt drop

Vietnam is witnessing a strong reduction in its public debt following its close control of the issue, with the government exercising a stringent policy on increasing revenues and reducing expenditures.

Ba Dinh Square hosts flag raising ceremony to mark National Day

A flag-raising ceremony was held on September 1 in Ba Dinh Square in Hanoi to commemorate the 77th anniversary of National Day, an event which first took place on September 2, 1945.

10 reasons why Son Doong Cave is one of the world’s great wonders

The Oxalis Adventures has given 10 reasons why Son Doong Cave in the central province of Quang Binh is one of the world’s great wonders, with the site being one that all travelers should visit at least once in their lives.

Big opportunity for Vietnam to welcome new FDI wave

Many indicators show that Vietnam has opportunities for large-scale foreign direct investment (FDI) inflows. However, this will depend on Vietnam's policy response.

Striker Nhu makes history as first Vietnamese female player going abroad

Huynh Nhu has officially signed a contract with Portuguese side Lank FC Vilaverdense, making a turning point for Viet Nam's football history as the Vietnamese player competing abroad.