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Livestock households incur losses as meat prices fall, though Tet nears

It is now high sale season as Tet holiday will start in about a month or so, but millions of farming households have seen poultry prices drop dramatically.

Electric-bus route stops service in HCMC as losses pile up

Many HCM City residents were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop.

Vietnam’s farm produce cements position in Chinese market

Vietnamese Consul General in Nanning Do Nam Trung stressed that both Vietnamese and Chinese businesses attach importance to ‘credibility’.

Gold, US stock prices climb to new high, but Vietnam’s stock index falls

The Vietnamese stock market is under selling pressure despite good prospects. While gold and US stock prices are rising and hitting record highs, the VN-Index has fallen from the 1,100 point peak set 16 years ago.

Turning Mong Cai into a national key border gate economic zone

Mong Cai city is located in the economic belt of the Gulf of Tonkin, an important connection point in the "Two corridors, one belt" cooperation between Vietnam and China.

Unleashing resources for development in northern midlands and mountainous region

To develop the northern midlands and mountainous region, it is necessary to identify the strengths and characteristics of natural resources to find distinct values and build a sustainable development strategy.

Over five million Vietnamese tourists travel abroad in 2023

According to General Secretary of the Vietnam Tourism Association, Vu Quoc Tri, in 2023, more than five million Vietnamese people traveled abroad.

Young girl upcycles old clothes into pretty items

With a passion for fashion, a young girl in the North-Central province of Thanh Hoa has upcycled old clothes into beautiful items.

Solar power projects’ fate unclear as regulations remain undecided

The Ministry of Industry and Trade (MOIT) has submitted to the Prime Minister a plan on implementing the eighth power development plan (Plan 8) for approval. However, the plan doesn’t contain a list of solar power projects that have found investors.

HCMC revs up tourism with map 3D/360

HCMC’s tourism sector is embracing digital transformation with innovative solutions like the Smart Interactive Tourism Map 3D/360.

Mechanism proposed to remove hindrances to offshore LNG and wind power projects

The Electricity and Renewable Energy Authority has been tasked with drafting a report for the National Assembly, seeking guidance on removing impediments to the implementation of offshore liquefied natural gas (LNG) and wind power projects.

VIETNAM BUSINESS NEWS DECEMBER 24/2023

Bank credit growth improves in HCM City

Timber exports seen declining 15.5% this year

Vietnam’s timber industry is expected to see a 15.5% year-on-year drop in exports, totaling US$13.5 billion, according to the Vietnam Timber and Forest Product Association (Viforest).

Phishing attacks on IT systems rise sharply

Of the 11,428 cyberattacks on information systems in Vietnam so far this year, there were 10,283 phishing attacks, accounting for 89.9 percent, or 6,300 attacks more than the same period last year.

Vietnam to have good preparation for 2024 Futsal Asian Cup

Local players will have the chance to sharpen their skills while facing off against strong rivals from Thailand and Malaysia at the Ho Chi Minh City open futsal tournament LS Cup from December 23 to December 29 ahead of the 2024 Futsal Asian Cup.

VIETNAM NEWS HEADLINES DECEMBER 24/2023

HCM City prepares for surge in travel demand during New Year holiday

Market of nutritional supplements chaotic

Currently, the market of nutritional supplements is very developed but also extremely chaotic as shop assistants boated about the usage of their products.

Vietnamese increasingly valuing smartwatches

With more and more Vietnamese practicing jogging to improve their health, smartwatches that support physical exercise are increasingly being favored in Vietnam.

Regulatory measures needed to address internal migration challenges in VN

Since 2000, the number of internal migrants has grown along with the economic development and the shift in economic structure, from agriculture to industries and services.

Construction Ministry divests from large corporations

Under an equitization plan for 2022-2025, the Ministry of Construction (MOC) will divest from large corporations, including HUD, Coma and Lilama, but will still hold 100 percent of the capital of Vicem, the cement manufacturer.