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Key to Vietnam’s progress: Institutional reform rooted in human capacity

Institutional reform requires not only innovative frameworks but also the right individuals to design and implement them. A recent VietNamNet roundtable discussed how Vietnam can create a new era of progress through people-driven reforms.

Vietnam’s startup ecosystem ranks 56th globally, two cities in Top 200

Hanoi and Ho Chi Minh City have been listed among the top 200 startup cities globally, according to an announcement shared by the Ministry of Science and Technology (MOST) at a press conference for the Vietnam Innovative Startup Day (TECHFEST) 2024.

Vietnam and Malaysia establish comprehensive strategic partnership

General Secretary To Lam and Malaysian Prime Minister Anwar Ibrahim announced a new era in bilateral relations with the Comprehensive Strategic Partnership.

Vietnam bans online sales of prescription drugs under new pharmacy law

The amended Pharmacy Law prohibits online sales of prescription drugs, with e-commerce platforms required to ensure compliance with new legal standards.

Nearly half of Vietnamese students in the US choose STEM fields

Vietnam ranks first among ASEAN countries for the number of students studying in the US, with over 31,000 currently enrolled.

Thanh Hoa approves $55 million industrial park in Hoang Hoa District

The WHA Smart Technology Industrial Park, with a $55 million investment, will serve as a key driver for industrial development in Thanh Hoa Province.

Seasonal advantage helps Vietnam claim top spot in China’s durian market

Vietnamese durian is taking China by storm, as exports soared 90% in volume year-on-year, eclipsing rivals like Thailand.

Malaysian PM hosts grand welcome for General Secretary To Lam

General Secretary To Lam’s official visit to Malaysia marks a significant step in advancing the two nations’ Strategic Partnership as they approach its 10th anniversary.

Vietnam introduces stricter gaming limits for minors to combat addiction

Vietnam’s latest decree on Internet use and gaming aims to curb addiction and mitigate negative impacts on youth and the economy.

Prime Minister advocates visa waiver agreement with the Dominican Republic

Prime Minister Pham Minh Chinh’s official visit to the Dominican Republic has paved the way for negotiations on agreements ranging from trade to visa waivers.

6% increase in regional minimum wages effective July 2024

The Ministry of Labor is addressing wage policies and labor dispute mechanisms to support workers and ensure a stable labor environment.

National pride takes center stage at Mr. World 2024 in Vietnam

The National Costume segment of Mr. World 2024 delivered a feast for the eyes, with nearly 70 contestants showcasing designs that embodied cultural pride and creative ingenuity.

Nha Trang crowned Vietnam's 'seafood capital' by Travel+Leisure

Nha Trang, a picturesque coastal city in southern Vietnam, has been spotlighted by Travel+Leisure as the nation's premier seafood destination.

Unprecedented: Two Vietnamese concerts sell out

Vietnam showbiz experienced an unprecedented occurrence recently when tickets to two Vietnamese concerts sold out, while the K-Pop Super Concert was postponed because of slow ticket sales.

Over 1,000 real estate firms return, 1,600 transactions in HCM City reported

As many as 1,051 real estate firms in HCM City registered their establishment in the first nine months of the year, and more than 1,600 successful transactions were reported in the last three months.

Should Vietnam implement VAT on fertilisers?

A contentious debate has arisen over whether Vietnam should impose a 5 per cent VAT on fertilisers to boost local production or retain the current tax exemption to support farmers.

Twice-a-month Chinese dessert becomes a must-try in Saigon

A traditional dessert originating from the Chinese community has recently gained fame for its unique flavor and an unusual name that some find hard to swallow: "chicken dung" dessert (chè phân gà).

Major cement manufacturer may face VND3 trillion investment loss

In its conclusion following an inspection tour to the Vietnam Cement Corporation (Vicem), the Ministry of Finance’s (MOF) inspectors pointed out risks in some investment deals of the biggest domestic cement manufacturer.

Vietnam Business News November 21/2024

Shrimp exports surge in 10 months, generating US$3.2 billion

Market heats up as people buy cars before registration-tax cut expires

Car sales have soared in the last few months thanks to a 50 percent cut in the vehicle registration tax. Sales are expected to peak in November.