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Ministries disagree on rooftop solar power proposal

While some ministries think more investment incentives are needed to encourage the development of rooftop solar power, the Ministry of Industry and Trade (MOIT) believes there is no need to encourage this source of electricity generation.

Hanoi decides to continue to build Belt Road 5

Hanoi plans to build Belt Road No 5 prior to 2027. The route is expected to have a length of over 300 kilometers. The section road through Hanoi will be 48 kilometers long with six lanes.

Hanoi chairman thanks Blackpink

Chairman of the Hanoi People's Committee, Tran Sy Thanh, has just sent a thank-you letter to Kpop group Blackpink after their successful concerts.

Vietnam's top female badminton player eyes Paris Olympics

Vietnam's top female badminton player Nguyen Thuy Linh has an opportunity to particiate in an Olympics for the second time as she is in the group of athletes eligible to the 2024 Paris Olympics.

Changes in policies start on August 1, 2023

From August 2023, there are some changes in policies including new pension and social insurance allowance and vehicle registration.

Vietnam Manufacturing Purchasing Managers' Index ticks up in July

The Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to 48.7 in July from 46.2 in June, according to S&P Global - the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets.

VIETNAM BUSINESS NEWS AUGUST 1/2023

Brokerages forecast growth in several sectors in Q2

HCMC, Rotterdam signs MoU on seaport development

Following the success of cooperation between HCMC and Rotterdam, Vice Chairman of Ho Chi Minh City People's Committee Duong Anh Duc proposed to promote further cooperation in some fields.

Vietnam to balance rice export to ensure food security amid global rice shortage

Vietnam has been advised to take drastic measures to balance rice exports and reserves in a bid to ensure food security amid global food chain fluctuations, according to insiders.

Le Quang Liem jumps to 15th place in world chess rankings

Local chess player Le Quang Liem has climbed six positions to reach 15th place with an Elo of 2740, thereby being among the top 100 players for August, according to the International Chess Federation (FIDE).

Vietnam's biggest casino suffers fourth year of losses

Royal International Corporation, the owner of Vietnam’s biggest casino in the northern province of Quang Ninh, has again reported losses of VND24.20 billion (USD1.02 million) for the second quarter this year.

Vietnamese rice prices up after rice export ban of India, Russia, UAE

Rice export prices of Vietnam have reached their highest in 12 years after a series of countries restricted rice exports.

20 young leaders to participate in Australia-VN Leadership Dialogue

Delegates are selected from Vietnam and Australia from over 200 applications, representing various sectors such as philanthropy, technology, consulting, and STEM education.

Japan is largest recipient of Vietnamese guestworkers

Japan recruited more than 41,000 Vietnamese workers during the past seven months, making up the largest recipient of Vietnamese guestworkers in the reviewed period, according to the Ministry of Labour, Invalids and Social Affairs.

Vietnamese firms invest over US$320 million abroad in seven months

Vietnamese enterprises invested a total of US$320.6 million abroad, including newly and adjusted capital, during the opening seven months of the year, representing a drop of 10.6% year on year, according to the General Statistics Office.

Anthem of the Seas to bring visitors to Vietnam next year

Royal Caribbean’s Anthem of the Seas is set to sail to Vietnam, including a stop off at Nha Trang city, central Vietnam, in late 2024, according to information given by the world’s leading cruise magazine Cruise Industry News.

Philippine Foreign Secretary Enrique Manalo to visit Vietnam this week

Secretary for Foreign Affairs of the Philippines Enrique Manalo will pay an official visit to Vietnam and co-chair the 10th session of the Joint Commission on Bilateral Cooperation between the two countries on August 1-2.

VN National Assembly Chairman to attend AIPA-44, visit Indonesia, Iran

Chairman of the National Assembly (NA) Vuong Dinh Hue will attend the 44th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-44) and make official visits to Indonesia and Iran from August 4 to 10.

Vietnam attends World Archery Championship in Germany

A six-member Vietnamese team will compete in The World Archery Championships in Germany from August 1-7.

Hanoi attracts nearly 2.3 bln USD of FDI in 7 months

Hanoi attracted nearly 2.3 billion USD of foreign direct investment (FDI) in the first seven months of this year, with 233 new projects worth 97.5 million USD and 108 projects permitted to increase investment capital by 193.5 million USD.