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HCM City’s 2 new bridges to cost US$717m

The cable-stayed Thu Thiem 4 and Can Gio bridges are proposed to be built in HCM City at a cost of more than VND17 trillion (US$717 million).

Private sector contributes 45% of Vietnam's GDP

Vietnam has nearly 900,000 operating private enterprises with about 7 million entrepreneurs, contributing nearly 45 per cent of the country's GDP.

VN anticipates market impact as KRX stock trading system launches

In the first-quarter report, KB Vietnam Securities (KBSV) estimated that the new system would boost the average daily trading value of the VN-Index by 30-70 per cent compared to the recent five-year average liquidity.

Apple announces increasing investment in Vietnam

US-based tech giant Apple will increase spending on suppliers in Vietnam – a key production hub, as CEO Tim Cook is paying a two-day visit to the country, starting on April 15.

Vietnam Airlines adjusts flight paths via Middle East

National flag carrier Vietnam Airlines has announced adjustments to its flight routes between Vietnam and Europe to ensure the utmost safety of passengers and crew amid rising tensions in the Middle East.

Nguyen Quang Hai listed AFC U23's top best players in history

As the biennial AFC U23 Asian Cup was officially kicked off on April 15, the continental football governing body has spotlighted Vietnamese Nguyen Quang Hai in the list of the top 10 players.

VN central bank to resume gold bar bidding after 11 years

The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices.

VFF President leads AFC delegation at U23 Asian Championship finals

The Vietnam Football Federation (VFF) announced on April 15 that its President Tran Quoc Tuan has been appointed by the Asian Football Confederation (AFC) as head of the AFC delegation at the ongoing U23 Asian Football Championship finals in Qatar.

Vietnam has first int’l trauma life support training centre

The International Trauma Life Support (ITLS) Training Centre under the Ministry of National Defence’s Military Hospital 175 officially made its debut in Ho Chi Minh City on April 15.

Vietnam Business News April 16/2024

Market plunges, HOSE's value evaporates $10 billion

Networking event held for Vietnamese, Korean innovation firms

An investment promotion event was held in the northern port city of Hai Phong on April 15, aiming to connect Vietnamese and Korean enterprises in the field of innovation and start-up.

Vietnam’s National Report under 4th UPR cycle announced

The Ministry of Foreign Affairs held an international press conference in Hanoi on April 15 to announce Vietnam's National Report under the United Nations Human Rights Council’s fourth cycle of the Universal Periodic Review (UPR) mechanism.

“Meet Indonesia” Conference 2024 held in Khanh Hoa

The “Meet Indonesia” Conference 2024 took place in Nha Trang city, the south central province of Khanh Hoa on March 22.

Can Vietnam attract investment in EV manufacturing?

Reuters has quoted its source from Phu Ha Industrial Zone(IZ) in Phu Tho province as reporting that BYD, the large automobile manufacturer from China, has postponed its plan to build an EV (electric vehicle) factory in Vietnam.

Entire expressway linking Hanoi, Lang Son to open to traffic in 2026

The People’s Committee of Lang Son Province and investors will start construction of the expressway section from Huu Nghi (Friendship) border gate to Chi Lang border gate on April 20.

International schools’ reliance on parents' capital contributions poses risks

Many international schools in Vietnam are operating with capital mobilized from parents. The model attracts many parents, but also poses risks.

Vietnamese travelers prefer outbound tours amid high domestic airfares

With airfares for domestic tours staying high, many Vietnamese tourists have shown a preference for outbound tours during the coming five-day holiday to mark National Reunification Day and May Day.

HCM City plans to set off fireworks on April 30

Ho Chi Minh City will launch firework displays in 16 avenues, including ten across Sai Gon River, to mark the 49th anniversary of National Reunification Day on April 30.

Vietnam’s agricultural products appeal to foreign customers

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.

Sesame candy: A taste of Hue’s culinary heritage

Sesame candy, or mè xửng in Vietnamese, holds a revered place in the rich culinary tradition of Hue, the ancient capital.