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Vietnam’s first homemade radar satellite to go into space

LOTUSat-1, Vietnam’s first ever indigenous weather satellite, is expected to be launched into orbit from December 2024 to February 2025.

New land law expected to help real estate sector to recover

The real estate market will not recover promptly as it will take more time for the new Land Law to be applied, according to experts.

Global banks high on GDP prospects

With a recovering economy in 2023, Vietnam has earned upbeat growth projections from international organisations for this year.

Local pharma giants reaping rewards with new strategies

While the shift to the hospital channel brought fruitful results for major pharma players in Vietnam in 2023, competition is forecast to heat up in the future.

Urban railways open up multi-billion dollar market to engineering companies

Reasonable policies on railway mechanical engineering localization could offer great opportunities to Vietnamese companies.

Foreign capital expected to return to Vietnam’s stock market

If the stock market is upgraded to emerging status, the potential influx of foreign capital could range between $5 and $8 billion.

Rare photos of Hanoi architecture revealed

The National Archives Center I will exhibit rare archival documents and photographs of the Grand Palais Hanoi, a significant piece of architecture that is now lost.

Made-in-Vietnam cartoon attracts children globally

Wolfoo, a YouTube children’s animated web series, which has reached more than 2 billion views a month, attracts children in the world after 7 years.

VIETNAM BUSINESS NEWS JANUARY 23/2024

Vietnam Report releases white book on Vietnamese economy in 2023

Digital transformation motivates Cao Bang’s tourism development

The "picture" of Cao Bang province's tourism digital transformation has many positive points, contributing to the development of the local tourism industry.

Tet delicacies: Irresistible specialties from Mekong Delta region

Towards the end of the lunar year, the dried food craft villages in the Mekong Delta become vibrant, working at maximum capacity to meet the demand for the Tet market.

Vietnam to build international financial center in HCM City

HCM City authorities are planning to submit to the Politburo a plan on developing Vietnam’s first international financial center in the city, according to HCM City Mayor Phan Van Mai.

Corporate bond market gradually recovers

Thanks to the government’s attempt to influence the economy plus decreasing bank interest rates, the corporate bond market has gradually recovered.

Expert predictions on forex in 2024

A moderate exchange rate movement is forecast for this year.

VIETNAM NEWS HEADLINES JANUARY 23/2024

Anniversary of Vietnam-China diplomatic relations marked in Beijing

Southern region faces scarcity of new supply of industrial land

New supply in the industrial real estate market in HCM City and neighboring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tết (Lunar New Year).

More ‘Make in Vietnam’ research results are commercialized

The value of consultancy and technology transfer contracts implemented by the Vietnam Academy of Science and Technology (VAST) in 2023 reached VND330 billion, while a high number of Make in Vietnam research works were commercialized.

New market trends to shape Vietnam’s banking system - report

Emerging trends in digital payment, artificial intelligence (AI) and sustainable development present both opportunities and challenges that could impact banks in Vietnam this year, according to experts.

Large-scale production transforms local agriculture

Local people all have experience in farming, but what’s crucial is to have someone organise the production. In the past, most households worked individually, relying simply on their personal strength.

Cat Tien Park eyes IUCN Green List recognition

Green List Status is not just a conservation label but a holistic management approach that addresses the interconnectedness of protected areas, environmental health and human well-being.