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Bac Trach church in Thai Binh: A stunning European-style destination

With its impressive Gothic style combined with Greek architecture, Bac Trach Church in Thai Binh is considered one of the largest and most beautiful churches in Northern Vietnam, drawing numerous visitors.

Vietnam Business News November 20/2024

Domestic firms seize opportunities to join North-South high-speed railway project

KBC’s billion-dollar deal with Trump Organization triggers strategic moves

KBC’s $1.5 billion collaboration with the Trump Organization marks a pivotal moment, spurring strategic changes in Dang Thanh Tam’s business empire.

Auditors for Quoc Cuong Gia Lai’s financial reports suspended

The State Securities Commission has suspended auditors who signed off on Quoc Cuong Gia Lai’s 2023 financial report, citing violations of audit standards.

Traditional craft meets modern art in exhibition of northwest women

Portraits of Northwest Vietnam’s unsung heroines take center stage in a unique art exhibition blending photography with do paper.

$152 billion industry: Vietnam’s digital tech sector shines

The International Digital Investment Forum, a highlight of Vietnam Digital Week 2024, showcased the nation’s $152 billion tech industry and its international potential.

A new plant species discovered in central Vietnam

A new plant species in the Begonia family, Begonia laxiflora, has been found in the dense evergreen forests of the Đakrông Nature Reserve in the central province, and the new species is almost certainly endemic.

Hundreds of damaged irrigation reservoirs need repairing

Vietnam’s system of dams and reservoirs is facing numerous challenges. Unusual rainfall patterns, flash floods due to climate change and the degradation of many structures pose significant safety risks.

Gov’t orders enhanced efforts to prevent drowning

The directive, signed on Tuesday, follows a tragic incident in Hiền Quan Commune, Tam Nông District, Phú Thọ Province, where six students were swept away on Monday.

Trade growth between VN and Americas promoted by FTAs

According to the Ministry of Industry and Trade, in the first ten months of 2024, Vietnam’s trade value with the Americas region reached more than US$136.5 billion, an increase of 20.7 per cent over the same period in 2023.

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.

Hanoi to spend US$1.5 million supporting gardens, farms affected by Typhoon Yagi

These areas were affected by the typhoon and subsequent floods but have not been included in previous relief plans by the Government and the city authorities.

Banks await green taxonomy to accelerate green credit

Green taxonomy, a framework for defining what can be considered environmentally sustainable, becomes critical as a base for banks to accelerate the provision of green credit, heard a conference on Tuesday.

Foreign investor to divest from Vinasun

Liquidity remains poor with only a few thousand shares traded per session, limiting the fund’s ability to offload shares effectively.

Vietnamese enterprises grapple with challenges in Q3

The business results of Vietnamese enterprises in the first nine months of 2024 highlights a stark divide.

PM arrives in Santo Domingo, beginning official visit to Dominican Republic

Prime Minister Phạm Minh Chính, his spouse, and a high-ranking Vietnamese delegation arrived at Las Américas International Airport in Santo Domingo on November 19 evening (local time), beginning an official visit to the Dominican Republic.

Vietnam News Headlines November 20/2024

Vietnam, China open two temporary cross-border routes

Local model to vie for Mister Tourism World 2025

Model Vo Minh Thoai will represent the country by competing for a title at the upcoming Mister Tourism World 2025 male pageant which will be hosted by Vietnam in February next year.

Vietnam-UK trade grows 22% in 10 months

Vietnam earned 6.4 billion USD from exports to the UK in the first 10 months of this year, marking a year-on-year rise of 22%, reported the General Department of Vietnam Customs.

Garment industry targets 47-48 billion USD in export turnover next year

Vietnam’s textile and garment industry aims to achieve 47–48 billion USD in export turnover in 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).