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VIETNAM BUSINESS NEWS FEBRUARY 1/2024

Vietnam fully taps CPTPP to push agro-forestry-fishery exports

Hang Be market busily serves locals on Kitchen Gods’ Day

Hang Be market in Hanoi, a site famous for selling food in the capital, is bustling as people are busy preparing for Ong Cong – Ong Tao (the Land Genie and the Kitchen Gods Day), which falls on 23rd of the last month of the Lunar New Year.

People tighten purse strings, market remains flat

Businesses, supermarkets and petty merchants at traditional markets have prepared large inventories for the Tet sale season, but sales have been going slowly as people have cut back on spending.

Best-seller writer is a guarantee for movie adaptions’ revenue

The year 2024 will witness the premiere of two new movies adapted from Ánh’s works, Ngày Xưa Có Một Chuyện Tình (Love Upon a Time), and Kính Vạn Hoa (Kaleidoscope).

VIETNAM NEWS HEADLINES FEBRUARY 1/2024

Nearly 7.5 million workers receive Tet support

Tet festival in HCM City lure visitors

Vietnamese Tet (Lunar New Year) Festival at the HCM City Youth Cultural House is quickly becoming the most attractive destination of the city during the Tet holiday.

Hundreds of flights added as Tet holiday nears

Air tickets for flights on some routes with departure on peak days, from February 1 to February 19, are running out, according to the Civil Aviation Authority of Vietnam (CAAV).

Vietnam trade offices will take new opportunities to achieve sustainable export

The conference attracted participation from VN trade offices abroad, relevant agencies and businesses from 63 provinces and cities across the country.

Three die in Hai Phong house fire

Police in the northern city of Hai Phong are investigating a house fire which killed three people in Vinh Bao District early Thursday morning.

Two Vietnamese airlines ground 40 aircraft due to engine inspection

The Civil Aviation Authority of Vietnam has just issued a Directive on compliance and implementation of Alert Service Bulletine for PW1100 engines on the Airbus A321 NEO fleet that is being operated by Vietnam Airlines and VietJet Air.

Spring emerges in the capital’s bonsai villages

You can easily feel the spring atmosphere in Hanoi at bonsai gardens around the capital.

Three men jailed for life after fatal shooting over land dispute in Phu Quoc

Doan Thien Long, born in 2001 in Phu Quoc City, was sentenced to life imprisonment on Wednesday for killing two people and injuring six in the notorious Phu Quoc shootout.

Man in Da Lat detained for sexually assaulting teenagers

Da Lat City Police have arrested a 31-year-old Ho Cong Tuan, who opened a math tutoring class at his residence and is alleged to have committed sexual abuse against many underaged male students, local media reported.

Hanoi pilots shared bicycle and pedestrian lane along To Lich River

The Hanoi Transport Department has just issued a document on piloting a separated bicycle lane along the To Lich River.

Garment, footwear companies give Tet bonuses despite business difficulties

As production and business results in 2023 were unsatisfactory for some businesses, low Tet bonuses were foreseeable. But workers see signs of recovery in the Year of the Dragon.

PM orders renewing current growth drivers, optimising new ones

Prime Minister Pham Minh Chinh demanded renewing current growth drivers and optimising new ones while chairing the Government’s regular meeting on February 1.

Vietnam is world’s second largest footwear exporter

Vietnam is the second largest exporter of footwear in the world, with its estimated export volume accounting for 10% of the world’s market share.

Ho Chi Minh City welcomes more than 2.7 million visitors in January

Ho Chi Minh City received more than 416,000 international arrivals and over 2.3 million domestic holidaymakers throughout January, up 16.7% and 12.9% against the same period last year, respectively, reported the municipal Department of Tourism.

Vietnam to increase trade promotion, market development in 2024

The Ministry of Industry and Trade held a trade promotion conference in Hanoi on January 31 in an effort to boost trade promotion and market development in 2024.

US to consider recognizing Vietnam’s market economy in 2024

The US Chamber of Commerce is reviewing the process of recognizing Vietnam’s market economy status, hoping to make it in time by June 2024, revealed US Ambassador to Vietnam Marc Knapper.