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Government unveils plans for financing Vietnam’s largest infrastructure project

The investment resources for the North-South high-speed railway project are now deemed manageable as Vietnam's economy continues to grow, with construction expected to commence in 2027.

HCM City adopts Singapore’s expertise in urban tree risk assessment

HCM City is adopting Singapore’s expertise in urban tree risk assessment and management to improve safety measures related to falling trees, especially following recent deadly incidents.

Vietnam News Headlines October 23/2024

Prime Minister leaves for expanded BRICS Summit in Russia

Sci-tech ministry backs restarting nuclear projects in Việt Nam

Nuclear energy produces nearly zero CO2 or other greenhouse gas emissions (roughly the same as hydro and wind power) and will be an important component in the power structure of many countries in the future.

New decree to overhaul investment in education

Foreign universities seeking to establish branch campuses in Việt Nam must meet stringent criteria, including being among the top 500 universities globally in the previous three years.

Shortest possible route selected for North-South high-speed railway

The route also meets technical requirements for a maximum gradient and curve radius that will ensure a smooth ride for passengers.

New $7-billion railway line to boost transport capacity across ten provinces

The line, which will cross ten provinces, will extend approximately 427km, beginning at Lào Cai station, where it connects with the Chinese railway and end at Hạ Long station, part of the Kép-Hạ Long line.

60% of first-time drug users in VN are under 25: police

There have been many new types of highly toxic drugs, with eye-catching forms that attract the curiosity of young people, hidden under the guise of "fun water", milk tea or marinated in food, drinks, electronic cigarettes, according to the police.

Decree developed to tighten management on imported products via e-commerce

VN is currently among the top 10 countries with the highest e-commerce growth rate in the world with revenue reaching nearly VNĐ498.9 trillion (US$20.1 billion) in 2023.

Forestry sector falls behind in restructuring

To date, only 161 agricultural and forestry companies in Việt Nam have completed restructuring and reforms according to a government-approved plan.

Vietnamese steel industry under pressure amid protectionism tension and dumping

Steel was one of the industries with the largest number of trade defence investigations, not only in Việt Nam, but also in the world.

Vietnam and Russia to sign cooperation plan till 2030

Vietnam and Russia agreed to sign a comprehensive cooperation development plan till 2030 during a telephone conversation on October 22 between the two countries’ Deputy Prime Ministers.

Vietnam and Laos sign bilateral defense cooperation document

General Phan Van Giang, Minister of National Defense of Vietnam, and General Chansamone Chanyalath, Minister of National Defense of Laos, signed a defense cooperation document between the two countries for 2025-2029 and a cooperation plan for 2025.

Da Nang to resume air routes to India

A direct flight between Da Nang, a tourism hub in central Vietnam, and Ahmedabad, the most populous city in India’s Gujarat state, will be launched on October 23, according to the Da Nang Department of Tourism.

Vietnam community football project gets AFC Awards

The Football for All in Vietnam (FFAV) project, funded by the Football Association of Norway, won the Best Grassroots Project Award by the Asian Football Confederation (AFC).

Vietnam runs for UN Human Rights Council for 2026-2028 term

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN on October 22 announced that Vietnam decided to run for membership in the United Nations Human Rights Council for the 2026-2028 term.

PM’s attendance at BRICS+ Summit expected to promote ties with bloc members

Prime Minister Pham Minh Chinh’s attendance at the expanded BRICS (BRICS+) Summit in Kazan city of the Russian Federation from October 23-24 is expected to strengthen relations between Vietnam and members of the bloc, especially the host Russia.

Vietnam-EU Joint Committee holds fifth meeting in Hanoi

Both sides agreed that political trust has been consolidated through the exchange of high-ranking delegations and the effective implementation of cooperation agreements and mechanisms.

Non-bank corporate bonds forecast to recover in year-end months

Prospects for credit growth and exchange rates will create favourable conditions for non-bank corporate bonds to recover in the final months of this year, analysts forecast.

Vietnam promoting circular economy through waste, packaging recycling

Sorting, collecting, and recycling packaging is one of the solutions that not only helps regenerate products but also effectively reduces environmental pollution.