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FTAs create both opportunities, challenges for Vietnam's auto industry

There are many opportunities as well as challenges for the automobile industry when Vietnam is implementing international commitments under free trade agreements (FTAs), heard a seminar organised by Hai Quan (Customs) magazine in Hanoi on May 24.

Industrial production shows signs of recovery

Vietnam's industrial production has shown signs of recovery and positive growth despite ongoing challenges, the Ministry of Industry and Trade has assessed.

Banks to offer more shares to foreign investors

Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.

Which prices for Chinese cars are acceptable in Vietnam?

If Chinese cars sell at low prices, Vietnamese consumers dislike the products, but if the manufacturers sell at high prices, Vietnamese consumers prefer Japanese, European and South Korean brands.

Vietnam Business News May 25/2024

Vietnam’s timber, wood product exports post positive growth in the first five months

Carbon credit – Solution for reforesting Central Highlands

Given the existing forested areas, developing carbon credits means unlocking the "gold mine" of natural resources that forest owners have long hoped to capitalize on.

Vietnam News Headlines May 25/2024

Hue develops green tourism to preserve heritage

Vietnam port system set for major upgrade by 2030

Vietnam’s port system will be upgraded to handle between 1.25 and 1.5 billion tons of cargo annually by 2030, as part of a comprehensive plan to enhance key international gateway ports.

Vietnam-made chips to spur progress toward becoming a developed country

Rice has helped Vietnam escape from hunger and poverty. Make in Vietnam chips are expected to help Vietnam become a developed country, according to Nguyen Thanh Yen, administrator of the Vietnam Microchip Community.

Overseas Vietnamese resources mobilized for national development

Vietnamese living abroad are a valuable and highly potential resource that can make significant contributions to the country’s development.

Circular economy plays important role in net-zero plan

Promoting a circular economy that contributes to the country's net-zero commitment will bring many benefits to Vietnam and businesses.

Transfers of over VND10mil will require biometric authentication starting July

Following a decision from the State Bank of Vietnam, after July 1st, biometric information such as fingerprints and facial recognition will be required to finalise transactions of VNĐ10 million or more.

Job changes not benefit young people without strategic thinking

Young workers born between 1997 and 2004 are seen by many experts as being creative, adaptable and technological savvy. But they also encounter a lot of prejudices and are sometimes considered impatient, having big egos and lacking discipline.

Quang Tri Province’s local forest growers benefit from carbon credit sales

Local people are happy and excited to benefit from forest protection and carbon credit sales in the coastal central province of Quang Tri.

Dien Bien boosts community tourism potentials in Nam Cum Village

Surrounded by more than 1,200 ’hoa ban’ (bauhinia) trees of many years old, Nam Cum Village is one of the rare villages in Muong Ang District, Dien Bien Province that still retains the pristine and rustic beauty of a highland village.

VN aims to build a modern, sustainable, efficient logistics industry

The Ministry of Industry and Trade is speeding up the development of a strategy to create a modern, sustainable and efficient logistical service industry in the 2025-35 period with a vision to 2045.

Businesses call for stricter management of durian industry

Amid a boom in durian exports, businesses are calling for strict management mechanisms in the industry to help growers develop sustainably.

Ministries, agencies promise to assist tech firms when going abroad

Vietnam’s digital firms have entered a new period, bringing Make in Vietnam digital products and services to the world, with the ambition of solving countries’ problems in digital transformation and digital economy.

Twenty-nine renewable energy projects connected to national grid

Twenty-nine renewable energy projects with a total capacity of more than 1,577 MW have been supplying energy to the national power grid.

Are 15-year-olds allowed to ride motorcycles?

Some experts have proposed allowing people aged 15 and above to ride motorcycles with a cylinder capacity below 50 cc, instead of 16, if they have a driving license.