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Ninth grade student wins national UPU letter writing competition 2024

A ninth-grade student from Da Nang won first prize at the Universal Postal Union (UPU)’s 53rd International Letter Writing Competition in Vietnam after sharing how to bring happiness to children.

Vietnamese peacekeepers inaugurate smart camp in Abyei

A smart camp built by the Vietnamese engineers who are taking on a UN peacekeeping mission in Abyei between Sudan and South Sudan was inaugurated at Highway base on May 7.

Four Vietnamese footballers detained for using banned substances

The police have detained four players of Hong Linh Ha Tinh FC, a V-League football team, for investigations after the four players used banned substances in a hotel in Ha Tinh province, central Vietnam.

Vietnam remains attractive destinations for Japanese IT firms

Link Station, one of the IT companies in Japan’s Aomori prefecture, has an ambitious plan to develop its branch in Vietnam into one of its central offices in Southeast Asia.

Not many in VN feel sense of job fulfillment: survey

Having a sense of purpose at work matters to people in Vietnam, but not many are feeling a sense of fulfillment at work, a survey has found.

Positive investment opportunities in Vietnamese stocks

Due to the impact of COVID-19, Việt Nam’s GDP growth rate reached a low point in the first quarter of 2023 at 3.4 per cent but has shown robust growth in recent quarters.

Small, low-value items imported on e-commerce platforms should be taxed

The vast majority of those are being imported through e-commerce platforms, including some of the largest in the country such as Shopee, Lazada and TikTok, with combined value reaching billions of dollars monthly.

Will Chinese EV manufacturer be welcomed in Vietnam?

BYD, a Chinese electric vehicle (EV) manufacturer, plans to enter the Vietnamese market in June. Whether it will be welcomed in the country remains an unknown.

Vietnam’s inbound tourism booms, surpassing pre-pandemic levels

Vietnam's inbound tourism is experiencing a remarkable resurgence, exceeding pre-pandemic levels as of the late April, signaling a promising season for the sector.

Vietnam Business News May 8/2024

Hanoi attracts over 1.1 billion USD in FDI in four months

Real estate market in the South picking up

The real estate market in provinces and cities in the Southern region of Vietnam in the first months of 2024 grew, with land, low-cost housing and apartments seeing higher demand.

Proposal of compulsory non-cash payment for gold transactions controversy

The General Department of Taxation proposed the State Bank of Vietnam study regulations on making non-cash payments compulsory for gold transactions together with a control mechanism to improve transparency.

Untapped potential for Vietnam to build international transshipment ports

It was forecast that about 12.8 million TEU of container goods would be transshipped via ports in the East Sea by 2030.

Hanoi’s wastewater project to undergo trial operation

Once the project is officially operational, waste water from 150 main sewers along the banks of the To Lich River will be collected and treated before being discharged into the river.

Creative economy opens up new space for economic development

Exporting creative goods generates billions of dollars for Vietnam each year, but understanding of this economy is still in its very preliminary stages.

VN tops pepper exports, but prices are lowest in the world

Vietnam has been No 1 globally in pepper exports for 20 years, but its export prices are the lowest in the world.

Paris Court of Appeals yet to rule on Vietnamese dioxin victim’s lawsuit

The Paris Court of Appeals has yet to rule on Vietnamese French dioxin victim’s lawsuit against American chemical firms that supplied herbicides to the US army during the war in Vietnam, following a three-and-a-half-hour hearing on May 7.

Mekong Delta moving to navigate drought, saltwater intrusion

The Mekong Delta is the largest area for rice, fruit and fisheries production in Vietnam but has also been hit hard by climate change.

Vietnam News Headlines May 8/2024

Over 17.4 million people join social insurance

Efforts to reduce sea freight rates

Numerous Vietnamese shippers have been facing challenges due to escalating sea freight rates, aggravated by arbitrary surcharge hikes by shipping lines.