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Office market in HCM City predicted to become vibrant

The office market in Ho Chi Minh has become vibrant recently with the operation of two office buildings in Thu Thiem new urban area which provides an additional 85,000 sq.m of floor space.

Naval forces of Vietnam, Singapore enhance solidarity via friendship exchange

The naval forces of Vietnam and Singapore joined in a friendship exchange on Sailing Ship 286-Le Quy Don on October 12, part of the Vietnamese vessel’s visit to the city state.

VIETNAM BUSINESS NEWS OCTOBER 13/2023

Great efforts needed to achieve growth target: experts

SBV to submit plan on compulsory transfer of two weak banks

The State Bank of Vietnam (SBV) is directing concerned parties to submit to the government a plan on compulsory transfer of two weak banks for approval.

Over 500km of North-South expy opened to traffic in Jan-Sept

More than 500 kilometers of the North-South Expressway were opened to traffic in the first nine months of 2023, said Uong Viet Dung, chief of the Office of the Ministry of Transport, at a conference on October 11.

Vietnam's CPI forecast to rise over 3% in 2023

Vietnam’s consumer price index (CPI) this year is projected to rise in the range of 3.2-3.6%, according to the Ministry of Finance.

VIETNAM NEWS HEADLINES OCTOBER 13/2023

President Vo Van Thuong to attend 3rd Belt and Road Forum in Beijing

Self-drive tours between Quang Ninh and China to be resumed

Self-drive tours between Mong Cai City, Quang Ninh Province and Dongxing City, Guangxi Zhuang Autonomous Region, China, will be resumed at the end of this month after a test run concluded in June 2020.

Hue eyes status as regional tourism hub

Diversifying tourism products and improving customer experiences are important measures for Thừa Thiên-Huế to attract more visitors and achieve its goal of becoming a cultural, tourism and healthcare centre in Southeast Asia by 2030.

Telecom carriers could make trillions of dong in profit if ‘junk card’ settled

If the ‘junk card’ problem can be solved, long term benefits will occur, helping telecom carriers increase revenue and reduce operation costs.

Public school shortage causes education sector’s dilemma in Hanoi

Statistics showed that Hanoi has an additional of 40,000 - 50,000 students each year, meaning it needs at least an additional of 20 public schools each year.

Vietnam to test Japanese dengue vaccine amid a sharp rise in infections

Vietnam will test the efficacy of a Japanese produced vaccine against dengue fever to create immunity for people amid a rising number of dengue infections throughout the country.

Raising fowl with petelot and medicinal herbs, man earns big money

By using natural grazing and feed mixed with local herbs, Cuong can earn hundreds of millions of dong a year.

Traffic accidents claim nearly 5,000 lives over nine-month period

A total of 8,335 traffic accidents occurred nationwide over the past nine months, killing 4,765 people and injuring 5,802 others, according to a report unveiled by the National Committee for Traffic Safety.

HSBC: Vietnam’s economy recovers, inflation risks remain

Vietnam’s economy has passed its trough, staging a modest recovery with stronger-than-expected growth of 5.3% in the third quarter, but upside risks to inflation have resurfaced, prompting the upgrade of 2023 average inflation forecast to 3.4%.

SBV handles ‘circular ownership’ of banks with heavy hand

The State Bank of Vietnam (SBV), while affirming that it is working hard to settle cross ownership among banks, has complained that this is a complex process because of the lack of a reasonable mechanism, information, and tools for control.

Foreign investors remain optimistic about Vietnamese stock market

Foreign investors have increased their net buying since the end of September, indicating that they still see the bright prospects of Vietnam’s economy and find its stock market attractive in the medium and long term.

Vietnam needs brand building to boost exports to CPTPP market

The image of Vietnamese brands, which is relatively modest in the CPTPP market, needs to be improved in a bid to tap the tremendous potential of this market, experts have advised.

Biometric authentication to be applied at airports nationwide from November

The biometric authentication system for passengers who use electronic identity cards in the aviation security check process is scheduled to be deployed simultaneously at airports from November 2023.

Vietnam to be major source of rice supply to Indonesia

Vietnam exported a total of 884,177 tonnes of rice to Indonesia in the first nine months of this year