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Foreign investment increases in wood processing industry

Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Viet Nam Timber and Forest Product Association has said.

 

Vietnam's police tackle herbal medicine of unclear origin

The Ministry of Public Security on Sunday declared it had destroyed a ring smuggling herbal medicine of unclear origin in several different provinces and cities.

Banks rush to issue bonds ahead of capital requirement deadline

Rising medium- and long-term capital demands to meet stricter regulations on credit safety limits and capital adequacy early next year were putting pressure on commercial banks to issue bonds in the final months of the year, experts said.

 

Vietnam strives to join upper middle-income countries

While growth in most regions has slowed down, Vietnam’s economy is recovering strongly with GDP expanding by an average 6.84% during the 2016-2020 period.

Physically impaired man and his good deeds

A birth defect caused by Agent Orange has limited Nguyen Duy Hoc’s motor skills, but he hasn’t let that hold him back and has spent 12 years helping others go to school and have a place to live.

Lower tax for imported pork  to benefit consumers

With a population of nearly 100 million, Viet Nam is one of the world's top pork consumers and second in Asia, only after China.

Book street set to open in HCM City for Tet holiday

Up to 65,000 books are to be put on show during downtown Ho Chi Minh City’s annual book street festival which is scheduled to run from January 22-28 in celebration of the Lunar New Year, known locally as Tet.

VN to continue support for fuel price fund

Fuel price stabilisation fund helps the central government manage domestic fuel price in a foreseeable future.

Vietnam potentially among top 10 remittance recipients

Vietnam is expected to receive US$16.7 billion in overseas remittances this year, placing it among the 10 countries receiving the most remittances in the world, according to the Nguoi Lao Dong website.

US partners with PV Gas on raising Viet Nam’s LNG standards

The application of international LNG standards would ensure safety in the design, construction and implementation of infrastructure projects in Vietnam, a US official said.

 

Vietnam’s airlines to buy more aircraft to expand fleets

The airlines are focusing on developing fleets with narrow-body aircraft to increase efficiency in the context of fierce competition.

Coffee price crisis hits Vietnamese export value

Vietnam's coffee industry had suffered from falling export prices, according to the Vietnam Coffee and Cacao Association.

Vietjet leader only Vietnamese in the world’s most powerful women of 2019

With the recognition, Vietjet's leader is the only woman representing Viet Nam in the list for three consecutive years.

Vietnam's export of timber and wood products exceeds US$9 billion

The export of timber and wood products has exceeded the US$9 billion mark for the first time during the first 11 months of the year, according statistics released by the General Department of Vietnam Customs.

Puppetry festival to be held on Nguyen Hue Pedestrian Street

A puppetry festival will take place on Nguyen Hue Pedestrian Street in District 1, HCMC from December 27 to 29 as part of activities to welcome the New Year and promote traditional Vietnamese puppetry art.

Traces of Red River civilization in Thang Long culture

The Red River has played a critical role in the historical and cultural life of Hanoi, Vietnam’s 1000-year-old capital. 

Vietnam games named among top five fixtures of AFC U23 Championship

VOV.VN - Park Hang-seo’s Vietnam U23 team from 2018 have been named twice in a list of the five most memorable matches in the history of the AFC U23 Championship, as announced by the Asian Football Confederation.

Churches in Hanoi in colourful decorations for Christmas

As Christmas approaches, Hanoi’s churches have been decorated by colourful lights.

Music industry seeks better enforcement of copyright laws

Better enforcement of the laws covering music copyright protection is needed to ensure the development of the Vietnamese music industry in the digital era, speakers said at a recent seminar in HCM City.

Tax authorities clamping down on foreign evaders

Foreign-invested enterprises will no longer be allowed to ignore their tax obligations as Vietnamese tax departments step up action on duty-dodging businesses.