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Appeal and quiet period of Vietnamese paintings

The multimillion-dollar price tags on Vietnamese paintings in the global market not only confirm the artistic value infused with Vietnamese identity but also showcase the allure of the art investment market.

Foreign travel website suggests things to do and buy for under US$10 in VN

During a five-day trip to Hanoi, many tourists will realise that the capital boasts a rich blend of history, vibrant culture, and culinary delights, according to foreign travel website youthopia.sg.

VN seeks world heritage recognition for Ha Long Bay-Cat Ba Archipelago

Deputy PM Tran Hong Ha has requested Hai Phong and Quang Ninh to urgently study the recommendations of IUCN to review and update a nomination dossier for seeking UNESCO’s recognition of “Ha Long Bay-Cat Ba Archipelago” as a world heritage site.

VIETNAM BUSINESS NEWS JULY 5/2023

First Vietnamese start-up attends world’s leading tech conference

Danang Electronic Carnival to take place on July 7

The Danang Electronic Carnival will take place in the central city of Da Nang on July 7.

Techcombank receives two FinanceAsia Awards

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has won the Best Bank and Most Innovative Use of Technology in Vietnam Awards 2023, presented by FinanceAsia.

Vietnam’s regulatory interest rates to further down in third quarter: UOB

The United Overseas Bank (UOB) has lowered its 2023 economic growth forecast for Vietnam from 6% to 5.2%, and forecast that Vietnam will continue to cut regulatory interest rates in the third quarter of this year to stimulate its economy.

VIETNAM NEWS HEADLINES JULY 5/2023

ASEAN Working Group on Chemicals and Waste to gather in Hanoi

Vietnam likely to keep inflation below 4.5% in 2023: Economists

The goal of keeping inflation under 4.5% this year will be totally feasible, as the rate may range between 2.5-3.5%, experts said at a seminar held in Hanoi on July 4.

90% of households in HCMC to have broadband Internet by 2025

HCM City authorities have decided that the majority of residents will have broadband by 2025 and smartphones for internet connection.

FPT Smart Cloud partners with Home Credit Indonesia

FPT Smart Cloud has joined forces with Home Credit Indonesia - a tech-based financing company with 6-million customers - in an official strategic partnership for AI development.

Forestry products bring home over 6.4 billion USD from exports in H1

Vietnam raked in an estimated 6.42 billion USD from forestry product exports in the first half of 2023, down 28.8% year on year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development.

Hanoi considers possible sites for airports

With the first option, the airport would be located in an area belonging to four communes in Thuong Tin and Thanh Oai districts. With the second option, it would be in five communes in Ung Hoa district.

Korean retailers eye opportunities in Vietnam

Retail firms of the Republic of Korea (RoK) are stepping up efforts to tap into the Vietnamese market, which has huge growth potential thanks to its rapid economic growth and a high proportion of the working age population.

Copyright infringement enters new phase in Vietnam

The Alliance for Creativity and Entertainment (ACE) says that many pirated websites are being managed by Vietnamese.

SSC warns investors of fake documents

The State Securities Commission (SSC) on July 3 warned investors that there are forged documents to deceive investors, specifically the fake certificate of registration of establishment of public funds issued on May 10, 2023.

GDP grows slowly, stock market remains sluggish

The stock market has been fluctuating heavily because of profit-taking pressure. However, there has been no sign of cash withdrawal as foreigners continue to buy.

Ministry builds two scenarios for GDP growth in H2

The Ministry of Planning and Investment (MPI) has built two scenarios for GDP growth in the second half of the year, based on the situation in the first half.

Vietnam an ideal destination for retiree expats once visa policy eased

Some international reports and websites have listed VN among the countries that are friendly to retiree expats for its affordability, however, those who want to retire here are being hampered because of challenges they need to overcome to get a visa.

The breathtaking landscape of Thach Ky Dieu Tau

Thach Ky Dieu Tau, with its distinct rock formations blending with the blue sea at Sa Ky sea gate, creates a stunning beauty that leaves many tourists in awe at first sight.