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Hoi An's Japanese Bridge reopens after two years of restoration

After a comprehensive two-year restoration, Hoi An's iconic Chua Cau (Japanese Bridge), a symbol of the ancient town in Quang Nam province, is set to reopen to visitors in early August, showcasing its revitalized structure.

Vietnam sees 51% increase in international tourists, led by European influx

As of July 2024, Vietnam's international tourist arrivals have soared to nearly 10 million, a 51% rise compared to last year, driven by a substantial increase in visitors from Europe.

VN stock market awaits multi-billion dollar cash inflow

More valuable shares are expected to enter the bourse soon, and legal obstacles will be removed, thus paving the way for more foreign capital to flow into Vietnam.

Former FLC Chairman Trinh Van Quyet seeks redemption in final court plea

Trinh Van Quyet, the ex-chairman of FLC Group, stood before the court on July 29, delivering a final plea for a second chance while reflecting on his career's ups and downs and the serious repercussions of his actions.

VN investigates anti-dumping measures on hot-rolled steel from China and India

The Ministry of Industry and Trade has announced an investigation into the application of anti-dumping measures on certain hot-rolled steel products originating from China and India, effective from July 26, 2024.

Kon Tum hit by 32 earthquakes in two days: Causes and concerns

On July 28, Kon Plong District in Kon Tum Province experienced 21 earthquakes, followed by an additional 11 tremors between midnight and 7 a.m. on July 29, raising concerns about unusual seismic activity in the region.

Solutions to encourage international tourists to spend more in Vietnam

Many tourists report that their visits to Vietnam primarily involve sightseeing, beach outings, strolling and taking photos. Tourist destinations still lack a wide variety of entertainment and recreational services.

Khanh Hoa’s Cam Ranh City to host first-ever lobster festival

Cam Ranh City in the south-central province of Khánh Hòa will hold the first-ever lobster festival from August 3-11.

How expensive would tobacco be if the luxury tax was raised?

The Ministry of Finance (MOF) has proposed imposing a higher luxury tax on tobacco, with flat-rate duties to be fixed and raised year after year, from 2026 to 2030. Tobacco prices are predicted to increase proportionally in the next two years.

An upheaval called biometric authentication

The latest report from the SBV showed that after half a month of implementing biometrics, only two banks saw a biometric registration rate of over 20 per cent, and four other banks had a rate of over 10 per cent.

Oil tanker operators report massive profits amid soaring freight rates

Spot freight rates, time charter rates and secondhand vessel prices are all forecast to increase throughout 2024.

Majority of banks apply ESG practices in operations

Some 80-90 per cent of banks have partially or fully applied ESG (Environment - Social - Governance) practices in their operations, a State Bank of Vietnam (SBV)’s official said.

Trade value reaches nearly US$450 billion in January - July

For the seven-month period, exports totalled $226.98 billion, up by 15.7 per cent, in which the domestic sector accounted for 27.8 per cent and the foreign-invested sector (including crude oil) accounted for 27.2 per cent.

S Korean SMEs to find partners in Vietnam in August

About 25 small and medium-sized enterprises (SMEs) from South Korean will come to Hanoi next month.

Japanese man dreams to build a world new ceramics hub in Vietnam

Yukuse Onimaru, 52, is part of a collaborative initiative between Vietnam and Japan, which has been running for the past three years to train 52 students at the village and develop the local pottery industry.

Pickleball: developing sport making a racket

Pickleball has been introduced in Vietnam for about six years and has quickly garnered public interest. The sport has spread to many cities and provinces, with the number of players rapidly increasing.

Vietnam News Headlines July 29/2024

Vietnamese Ambassador in France honoured for contributions to cultural popularisation

PM reflects on Party Chief Nguyen Phu Trong's contributions to VN's development

PM Pham Minh Chinh has written an article to pay tribute to the legacy of Party General Secretary Nguyen Phu Trong, saying that the country "has never had such fortune, potential, position and international prestige as it does today".

Vietnam Business News July 29/2024

Market expected to accumulate and recover, pushing VN-Index towards 1,260 points

Stock market experiences stormy week, but investors are optimistic

The stock market last week witnessed considerable upheavals, with real estate shares under pressure, while bank shares weathered the storm to support the market.