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Off road race to be held in Hue in June

The Victory Challenge Sailun Cup 2024 off road race will be held for the first time at the Hue City’s Ho Thuy Tien Park on June 20-23.

Sellers who make online livestreams must pay tax: Deputy Minister

Deputy Minister of Finance Nguyen Duc Chi said that sellers who make livestreams on online marketplace must pay tax.

HCMC’s economic growth expected to slow down in Q2

HCMC’s gross regional domestic product (GRDP) growth in the second quarter of 2024 is forecasted to be lower than in the first quarter, according to the Statistics Office of HCMC.

VNX makes nearly VND2 trillion in profit in 2023

The Vietnam Stock Exchange (VNX), the parent company of the Hochiminh Stock Exchange and the Hanoi Stock Exchange, has published its audited consolidated financial statement for 2023, with profit put at close to VND2 trillion.

NA's third working week to feature question-and-answer session

The agenda of the third working week of the 15th National Assembly (NA)’s seventh session from June 3-8 will focus on many important issues, with a highlight being a question-and-answer (Q&A) session taking place from June 4-6.

Linh qualified for Olympics after remarkable boxing performance

Boxer Hà Thị Linh is the next Vietnamese representative at the Paris Olympics Games this summer.

‘Litchi metropolis’ sees biggest-ever crop failure, prices soar

Unlike previous years, Luc Ngan district in Bac Giang, one of the two largest litchi growing areas in Vietnam, is quiet these days in high harvest season because of the biggest crop failure in the last 30 years.

VN's paradox: rivers galore, yet water security a challenge

Vietnam is highly dependent on water resources not within its control with seven out of 13 major river basins in Vietnam being transboundary, and more than 63 per cent of the total water resources generated outside of the border.

Vietnam Business News June 2/2024

PM attends signing ceremony of 1.8 billion USD contract for Long Thanh airport project

Ninh Thuan’s rocky mountains replaced with greenery

To combat desertification, the restoration of forests has become an urgent and effective measure to reclaim the land.

Mass coral bleaching reported in Con Dao

Initial observations indicated high levels of coral bleaching and mortality, primarily due to the El Niño-induced rise in bottom seawater temperatures in April and May.

Global supply chain at risk as VN’s African suppliers of raw cashew play truant

The cashew industry is at risk of disruption since raw nut exporters in West Africa are not fulfilling their contracts with local firms, according to the Việt Nam Cashew Association (Vinacas).

Will SBV’s new solutions help narrow gold price gap?

Along with taking administrative measures, monetary tools such as interest rates also play an important role in preventing asset bubbles, including gold.

Outstanding opportunities for Vietnam to become regional logistics centre

With an annual growth rate of 14% to 16%, along with geographical and natural advantages, Vietnam possesses outstanding opportunities compared to the wider region to become a logistics hub moving forward.

Vietnam News Headlines June 2/2024

Master plan for Central Highlands region in 2021-2030 period approved

Vietnam eyes golden opportunities for rice exports

Amid the world facing a shortage of seven million tonnes of rice, the nation has seized a "golden" opportunity to increase exports, according to industry insiders.

Ministry reveals investigation results of Phuc Son, Thuan An cases

The Ministry of Public Security (MPS) on June 1 revealed investigation results of the cases at the Phuc Son Group JSC and Thuan An Group JSC.

Rice exporters advised to design strategy suitable to particular markets

Despite positive results in rice export so far, experts held that domestic firms should carefully evaluate the demand of major export markets to design suitable strategy for the rest of the year.

Vietnam Motor Show to feature giant brands

The Vietnam Motor Show (VMS), the largest playground for the automotive industry in Vietnam, will return in October this year after a one-year hiatus due to difficult economic conditions, bringing together many global brands.

Decision by mother to donate organs of her deceased son saves seven people

Repressing her pain and sadness, a mother from Quang Ninh was willing to donate the organs of her brain-dead son, a move which saved the life of seven people.