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Vietnamese man arrested for kidnapping boy in Hanoi

A man who was heavily in debt was arrested on August 15 by police forces in Hanoi for kidnapping a seven-year-old boy for ransom money.

Vietnam spends US$4.3 billion on importing nearly 30 million tonnes of coal

Vietnam spent US$4.3 million on importing more than 29.56 million tonnes of coal during the opening seven months of the year, representing an annual increase of over 10 million tonnes.

Local swimmers Son and Phuoc unable to join ASIAD 19

Two Vietnamese swimmers Nguyen Huu Kim Son and Hoang Quy Phuoc will not be joining up with the national team to compete at the Asian Games (ASIAD) 19 which will be held in China in September.

Two ministers questioned at NA Standing Committee’s 25th session

The Minister of Justice and the Minister of Agriculture and Rural Development will field questions raised at the 25th session of the National Assembly (NA) Standing Committee on August 15.

Vietnam - Australia’s largest cotton importer

Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.

Military Engineering Unit Rotation 1 back home from Abyei

Vietnam’s Military Engineering Unit Rotation 1 has accomplished its peacekeeping tasks at the UN Interim Security Force for Abyei (UNISFA) and came back to a homecoming ceremony held at Noi Bai International Airport in Hanoi on August 15.

VIETNAM BUSINESS NEWS AUGUST 15/2023

HCM City aims to attract more foreign tourists

150 couples to set Vietnam mass wedding record

A total of 150 couples are expected to set a new Vietnam record for the largest number of participants in a mass wedding to be held on October 15.

VIETNAM NEWS HEADLINES AUGUST 15/2023

National marine spatial planning project to be completed in 2023

Winner of Tan Son Nhat airport’s T3 terminal bidding package announced

The bidding package on construction and equipment installation of Passenger Terminal T3 at Tan Son Nhat International Airport in Ho Chi Minh City will be implemented by a joint venture of six contractors.

Derivative stock market: VN30 index futures contract up 27.46% annually

The Hanoi Stock Exchange (HNX) has announced that after six years of operation, the derivative stock market has shown positive and stable growth, with active trading and an increasing number of investors.

Citizens from 13 countries allowed to enter Vietnam for 45 days

The Government on August 14 issued Resolution No. 128/NQ-CP amending Resolution No. 32/NQ-CP dated March 15, 2022, regarding visa exemption for citizens of certain countries.

Defence Minister Phan Van Giang attends Russia’s Army 2023

A Vietnamese delegation, led by Minister of National Defence General Phan Van Giang, participated in the opening ceremony of the international military-technical forum (Army 2023) in Moscow on August 14.

Vietnam’s short-term economic outlook positive: PwC

Vietnam’s economic growth is projected to be still positive in the short term, according to the London-based audit service supplier PricewaterhouseCoopers (PwC).

Vietnam’s rice prices soar as global rice shortage persists

Vietnam’s rice prices have climbed to a new high amid shortages around the world. It plans to export 7-8 million tons of rice this year at high prices, according to Minister of Agriculture and Rural Development Le Minh Hoan.

Vietnam’s EV market set to experience strong growth

Vietnam’s electrical vehicle (EV) market is poised for strong growth over the next decade, according to the latest report by BMI Research.

Cham craft villages in An Giang gain popularity among tourists

The development of community-based tourism associated with traditional culture has improved the quality of life of the Cham ethnic minority people in the southern province of An Giang.

Positive offsets found amid downbeat sentiment

Vietnam’s export landscape continues to regain momentum on account of gradually recovering demands, but risks are still looming.

Vietnam’s real estate thirsty for M&A deals

Mergers and acquisitions between domestic and international real estate developers were down in the first half of the year, but could be a future bright spot with Vietnam boasting attractive economic fundamentals and investors biding their time.

Som Rong pagoda in Soc Trang province

Soc Trang has 92 Khmer pagodas. Som Rong is a spacious pagoda with unique Khmer architecture. In April the Soc Trang provincial People’s Committee issued a document recognizing Som Rong as a provincial tourist destination.