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VIETNAM BUSINESS NEWS JULY 21/2023

Policy adjustments needed to lure FDI to real estate sector: Experts

Construction of four smart parking lots proposed in HCM City

The HCM City Department of Transport has recommended building smart multi-story parking lots in districts 1 and 5.

’Infinite sea’ dazzles local tourists

The brown sandy beach of Quang Lang is flat and spreads like a giant mirror reflecting the seascape and sky, creating a beautiful clear effect.

Rice exporters benefit from rising prices

The rising demands for rice in international markets and higher prices are benefiting rice exporters as the number of orders has increased sharply.

VIETNAM NEWS HEADLINES JULY 21/2023

Digital Government building – outstanding achievement in administrative reform

50 countries to attend Vietnam International Defence Expo 2024

The Vietnam International Defence Expo 2024, the second of its kind, is expected to attract 250 exhibitors from 50 countries and territories around the world.

Hanoi diversifies products to attract tourists

Hanoi has attractive products that are in line with each season, aiming to draw tourists to come to experience and learn such as cultural tourism, ecotourism and MICE tourism.

PM suggest Vietnam, US enhance economic connectivity

PM Pham Minh Chinh suggested Vietnam and the US enhance connectivity between their economies, step up bilateral trade and accelerate the recovery of their supply chains at a reception for US Treasury Secretary Janet Yellen in Hanoi on July 20.

Fierce battle to slash selling prices bleeds retailers dry

Big retailers have triggered a fierce struggle, trying to ease selling prices to improve revenue and obtain bigger market share amid weak demand.

Vietnamese citizens enjoy visa-free entry to 55 destinations: Spokeswoman

Vietnamese citizens can enter 55 countries and territories worldwide without applying for a visa, or with simplified visa procedures like e-visas or visas on arrival, Spokeswoman of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang said.

Spouses of Vietnamese, Malaysian PMs enjoy water puppetry in Hanoi

The spouse of PM Pham Minh Chinh, Le Thi Bich Tran, and the spouse of Malaysian PM Anwar Ibrahim, Dato’ Seri Dr. Wan Azizah binti Dr. Wan Ismail, enjoyed a water puppetry programme at the Vietnam Contemporary Art Theatre in Hanoi on July 20.

Vietnamese, Malaysian PMs delighted at development of bilateral relations

PM Pham Minh Chinh and his visiting Malaysian counterpart Anwar Ibrahim held talks in Hanoi on July 20, noting with satisfaction the development of the bilateral relations, especially since the establishment of the Strategic partnership in 2015.

US$134 billion needed to develop VN's electricity sources, transmission network

For scheduled projects and the electricity generation workload, the total investment capital for 2021-2030 is estimated to be $113.3-134.7 billion.

Pumping money into the economy: solutions

VietNamNet spoke with Pham Xuan Hoe, a respected economist, about money supply and the urgent solutions needed to ensure the liquidity of the economy.

Foreign investors flock to Vietnam's real estate market

Vietnam's real estate sector has emerged as a highly desirable destination for international investors, ranking second only to the manufacturing and processing industry, with over 1,100 projects amounting to $66.4 billion of foreign investment.

VN considers domestic carbon credit exchange

This initiative aims to boost centralisation, transparency, and overall efficiency in managing related transactions, according to Tang The cuong, Head of the Department of Climate Change under the Ministry of Natural Resources and Environment.

HCM City struggles with labour shortage in hotel and restaurant sector

According to a report from the Department of Tourism of HCM City, the tourism industry has shown positive signs in the first half of 2023, with an estimated revenue of VNĐ80.8 billion and the welcoming of 18.3 million visitors.

Local universities take new approaches to talent retention

It will be very difficult to retain talents if they don’t have the right working environment to enrich their own values and improve their capacity, one university dean said.

Hanoi seeks to attract foreign tourists in wake of Blackpink fever

Hanoi will take advantage of international music events to attract tourists.

Nearly 100 paintings by Vietnamese-born painter returned after 30 years

Nearly 100 paintings by the late artist Tran Phuc Duyen will be presented before the public after 25 years of being kept in Switzerland.