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HCMC finance department director arrested

Le Duy Minh, director of the HCMC Department of Finance, has been arrested on alleged charges of accepting bribes in connection with the Xuyen Viet Oil case, said Lieutenant General To An Xo, spokesperson for the Ministry of Public Security (MPS).

Phu Quoc to build coastal road

Authorities in the southern tourist island of Phu Quoc have approved the construction of a four-kilometre coastal road to facilitate local economic development and provide visitors with access to public beaches.

China opening market for VN fruits to bring billions of dollars in exports

As China is opening its market for some Vietnamese fruits, it will bring billions of dollars in exports next year and help Vietnam's fruit and vegetable industry to set new records.

Tightened spending hits Christmas sales

Local store owners have found sales of decorations for this Christmas season unusually low as the economic slowdown takes a hit on consumer spending.

VN’s fleet struggling with EU’s new environmental laws

VN's fleet is grappling with significant challenges in adapting to these global environmental shifts, said industry insiders and experts.

HCM City seeks developers for 41 PPP projects

HCM City is calling for investment in 41 projects under the (public-private partnership) PPP model in the fields of healthcare, education and training, sports and culture.

High sugar and salt content in children’s commercial foods revealed

Study across seven countries shows an alarming 72 per cent of snacks and finger foods marketed at children under three years old contain added sugars and sweeteners.

VIETNAM BUSINESS NEWS DECEMBER 20/2023

Vietnam keeping pace with world’s AI development: expert

"Let Her Talk" joins Women's Unions to provide free cervical cancer screening

The Women's Unions of Thu Duc City and District 6, HCM City, cooperated with the "Let Her Talk" campaign to host the "Screen for Cervical Cancer Today" event on December 2 and 9.

Public diplomacy: KOLs, KOCs should be used for foreign information

On December 17, within the framework of the 32nd National Diplomatic Conference, the Ministry of Foreign Affairs (MOFA), organized a session with the theme "Public Diplomacy in the Digital Era".

Domestic gold prices hit new record high

Domestic gold prices kept skyrocketing on December 20 morning to pass the historic high, reaching 75.4 million VND (nearly 3,100 USD) per tael (1.2 ounces).

Policies and mechanisms needed for LNG power development

So far, as many as 13 LNG power projects have been given in-principal approval for investment. Among them, a total of five projects are in the process of implementation.

Ministries disagree on who is in charge of petroleum reserve management

The Ministry of Industry and Trade (MOIT) has proposed transferring its responsibility for petroleum reserve management to the Ministry of Finance (MOF). But MOF says that only MOIT is in the position to undertake the work.

Vietnam posts trade surplus for eighth consecutive year with US$26 billion

Vietnam enjoyed a trade surplus for the eighth consecutive year with US$26 billion over the past 11 months, three times higher than the figure recorded last year.

Hanoi to host Christmas concert for charity

The “VNSO Christmas Charity Concert 2023” will be held on December 26 at St. Joseph’s Cathedral in Hanoi in order to raise funds for disadvantaged children, according to the Vietnam National Symphony Orchestra (VNSO).

Da Nang to host second Asian Film Festival in July

The second version of the Da Nang Asian Film Festival is set to get underway from July 2 to July 6 in the central coastal city of Da Nang, with the event attracting the participation of leading filmmakers from throughout the Asian region.

Phuong Nhi named among top 20 Most Beautiful Face Of The Year

Vietnamese beauty Phuong Nhi has been named among the top 20 of the Most Beautiful Face Of The Year, as voted by international fans on Cutiepiebeautyyy’s Instagram.

Lonely Planet reveals four amazing secret destinations in Vietnam

World-renowned travel guide Lonely Planet published an article revealing four lesser-known destinations throughout the nation where locals like to travel.

Vietnamese rank second in art performance attendance habit

Vietnam ranked second in Asia-Pacific in the rate of consumers’ frequency of art performance attendance inside and outside the country in the January-December (41%), only after India (45%), according to the Green Shoots Radar report released by Visa.

New Year holiday hoped to be good start for tourism sector

The upcoming New Year holiday from December 30, 2023 to January 1, 2024 is expected to be a good start for the tourism sector.