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Six streets in Hanoi to be named after Truong Sa’s islands

Six streets in Gia Lam district of Hanoi capital city will be named after islands of Truong Sa (Spratly) in south-central Khanh Hoa province.

VN Deputy PM attends opening of Summit for a New Global Financing Pact

Vietnamese Deputy Prime Minister Tran Hong Ha joined State and government leaders of 40 countries at the opening session of the international Summit for a New Global Financing Pact held in Paris on June 22.

RoK President talks to Hanoi students

President of the Republic of Korea Yoon Suk Yeol and his wife Kim Keon Hee on June 22 visited and talked to students at the Faculty of Korean Language and Culture of the University of Languages and International Studies of the VN National University.

Dak Lak attacks - organised terrorist acts: official

On June 11, two groups of persons armed with guns and self-made weapons attacked the headquarters of two communal administrations and civilians in Dak Lak province, killing nine, injuring two, and taking three hostages.

VIETNAM BUSINESS NEWS JUNE 23/2023

Challenges persist for Vietnam's growth: WB report

FPT Retail jumps into mobile service market

The Ministry of Information and Communications (MIC) has granted a license to FPT Retail to provide telecommunications services on terrestrial mobile telecommunications networks.

VN recognises US’s more positive assessment of anti-human trafficking efforts

Vietnam recognises the more positive assessment made in the 2023 Trafficking in Persons Report by the US Department of State, Spokeswoman of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang told a regular press briefing on June 22.

Taiwanese company to pour 250 million USD to expand project in Binh Duong

Polytex Far Eastern (VN) Co. Ltd, a Taiwan-invested company in Binh Duong, will increase its investment by $250 million in Q3/2023 to expand its production line of super-strong fiber products used to make seat belts, airbags, and tire inner liners.

Vietnam promotes tourism via Viber platform

The Vietnam National Administration of Tourism (VNAT) on June 22 introduced its account on Viber platform as a new channel for holidaymakers to access official information and recommendations about the country's tourism.

NA sets up specialised supervisory delegations for 2024

With support from the majority of legislators, the National Assembly (NA) approved resolutions on the establishment of its specialised supervisory delegations for 2024 on June 22, during the 15th NA’s ongoing fifth session in Hanoi.

VIETNAM NEWS HEADLINES JUNE 23/2023

President of Russian State Duma to visit Vietnam

Key trading partners feeling the brunt of poor indicators

Vietnam is expected to continue witnessing a plunge in exports this year due to a drop in demand in key export markets.

Interest rate cuts expected to revitalize businesses

Experts say the State Bank of Vietnam (SBV) is expected to cut interest rates further to rates seen during the pandemic. However, the effectiveness of the cut is unclear.

Export-oriented producers struggle to gain foothold at home

Many companies have been so geared to foreign markets that they find it difficult to find favour at home when the global downturn strikes.

Management of captive tigers in VN improved with DNA sampling

A collection of biopsy samples from 26 captive tigers for DNA analysis was completed at Đại Nam Zoo in the southern province of Bình Dương.

Student from Laos falls in love with Vietnamese dance

Choby Vongxay is over the moon about Vietnamese folk dance. He intends to take it back to his homeland after graduation so he can continue to perform.

Vietnam is behind the world in IoT

In order to obtain a high ratio of IoT (Internet of Things) device connection density to the population, Vietnam needs to make greater efforts with the cooperation of all technological firms.

ASEAN Online Sale Day to get underway in August

ASEAN Online Sale Day 2023, the largest online shopping event in ASEAN, is scheduled to take place from August 8 to August 22.

M&A in Vietnamese real estate heat up

The market is witnessing a significant number of mergers and acquisitions as large corporations and investment funds quietly acquire real estate businesses and projects in Vietnam.

Hanoi’s economy sees effective recovery

The economy of Hanoi is recovering gradually after the COVID-19 pandemic, thanks to drastic directions of the capital city’s all-level Party committees and authorities and joint efforts of the business community and people.