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President joins OVs in traditional carp release ritual in HCM City

President Vo Van Thuong and his spouse on February 2 joined overseas Vietnamese (OV) in a traditional ritual of releasing carps at Nha Rong Wharf on the day for “Ong Cong, Ong Tao” (Land Genie and Kitchen Gods).

Thick smog forces flight delays in Noi Bai airport

Flights in Noi Bai International Airport (NIA) in Hanoi could not take off or land, due to the unusual thick smog cloaking the capital city on February 2.

Carp release ritual on Kitchen Gods’ worshipping day marks start of Tet

The “Ong Cong, Ong Tao” (Land Genie and Kitchen Gods) worshipping ritual, held on the 23rd day of the 12th lunar month, which falls on February 2 this year, is also considered the start of the Lunar New Year (Tet) festival.

VIETNAM BUSINESS NEWS FEBRUARY 2/2024

Vietnam strives to increase competitiveness for agricultural exports to US

VIETNAM NEWS HEADLINES FEBRUARY 2/2024

Creating new motivation to complete assigned tasks: PM

Russian tourists to Vietnam rise sharply

The launch of direct flights by Aeroflot airline between Moscow and Ho Chi Minh City from January 31 is expected to increase the number of visitors travelling between the two countries moving forward, according to tour operators.

VN manufacturing sees modest uptick in January

Vietnam’s manufacturing sector displayed signs of improvement in January 2024, ending a five-month falling streak, as the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rose to 50.3 from December’s 48.9.

Hanoi covered by fog this morning

Fog blanketed the capital city of Hanoi on February 2 morning, with visibility falling to 10 metres, affecting normal life of Hanoians.

Fireworks displays at 11 places to shine on Ho Chi Minh City's sky on Tet Eve​

Authorities of the southern metropolis of Ho Chi Minh City has decided to increase the number of venues hosting fireworks displays on the upcoming Lunar New Year's Eve to 11, an increase from last year's eight.

Party leader’s article charts vision to build strong Vietnam

Party General Secretary Prof. Nguyen Phu Trong pens an article titled "Proud and confident under the Party's glorious flag, determined to build a Vietnam more prosperous, powerful, civilised, heroic with a fine and long lasting culture."

Stock market: foreign investors unexpectedly make big deals

Foreign investors have unexpectedly bought shares in large quantities after one year of strong sales, though liquidity before Tet is always low.

Vietnamese, Chinese coast guards cooperate to fight crimes in Gulf of Tonkin

The coast guards of Vietnam and China will conduct joint patrol quarterly to prevent crimes and violations in the waters adjacent to the delimitation line in the Gulf of Tonkin, heard an online meeting between the two sides held on January 31.

Surpassing US, China becomes largest consumer of Vietnam’s farm exports

China was the only market that witnessed positive growth in Vietnam’s farm exports in 2023, while negative growth rates were reported for all other key markets.

Australian newspaper introduces nine best things for tourists to do in Vietnam

Herald Sun - one of the oldest and most widely read newspapers in Australia, has ran an article listing the nine best things for tourists to do when visiting Vietnam.

E-commerce platforms report high growth rates in 2023

The five e-commerce platforms in Vietnam - Shopee, Lazada, Tiki, TikTok Shop and Sendo - have reported total revenue of $232.2 trillion in 2023, an increase of 53.4 percent over 2022.

Vietnamese traditional retailers buckle under strain

The rapid development of e-commerce is causing a series of commercial townhouses to close down, while shopping centres still have a stable number of customers due to positive online sales channels and sharing turnover methods.

AI turns ideas into finished products within an hour: Viettel AI CEO

Using Viettel AI as an example, Nguyen Manh Quy, CEO of Viettel AI, described the uses of AI at the recent Viettel AI Day.

Non-tariff barriers raise issues for improving competitiveness, compliance

Entering the market is already difficult, but maintaining market share can be even more difficult.

VN banks gain large profits from securities investment in 2023

According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.

Crowds descend on transport hubs in Hanoi and HCM City ahead of Tet

Bus and railway stations in Hanoi and Ho Chi Minh City have begun to attract larger crowds with less than one week to go before the start of the Lunar New Year holiday, known locally as Tet.