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Businesses benefit from tourism recovery, but risks remain

The strong recovery of tourism has helped businesses in the industry prosper. However, risks such as economic recession, high interest rates and interest expenses still affect corporate profits.

Classic operetta The Merry Widow to premiere in HCM City

A special adaptation of the classic operetta Die Lustige Witweer (The Merry Widow), composed by Franz Lehár to libretto by Viktor Leon and Leo Stein, will premiere at the HCM City Opera House on August 12 and 13.

TikTok yet to fully clarify its violations in Vietnam

Vietnam has not been unable to announce the results of its inspection of TikTok’s operations in the country as the Chinese owned short-form video platform has yet to fully clarify its violations.

Quang Liem enters third round of 2023 FIDE World Cup in Azerbaijan

Vietnam’s No. 1 chess player Le Quang Liem has cruised into the third round of the 2023 FIDE World Cup in Baku, Azerbaijan, after clinching an overwhelming victory over Ivan Ivanisevic (Serbia) in a tiebreak on August 4 evening (local time).

Park Hang-seo International Football Academy inaugurated in Vietnam

An international football academy named after coach Park Hang-seo has been inaugurated in Hanoi recently in order to seek and nurture young hopefuls for Vietnamese football.

NA Chairman Vuong Dinh Hue attends external policy forum in Jakarta

The Vietnamese top legislator held that in the 21st century, security and prosperous development of Asia-Pacific and Indian Ocean have an decisive influence to the security and prosperity of all countries and the globe.

Economic growth target kept unchanged for 2023: PM

The Government will not change the growth target of 6.5% for 2023 and strive to reach an economic expansion of about 9% in the rest of the year, stated Prime Minister Pham Minh Chinh at a cabinet meeting in Hanoi on August 5.

Vietnam wins “Best support actress” at AIFFA 2023

Vietnamese actress Kim B of Dem toi ruc ro (The Brilliant Darkness) won the title "Best support actress” at the ASEAN International Films Festival & Awards (AIFFA 2023) that took place from August 2-4 in Kuching island, Sarawak, Malaysia.

NA Chairman hosts leading Indonesian groups’ leaders

National Assembly (NA) Chairman Vuong Dinh Hue on August 5 met with leaders of major Indonesian groups, such as Ciputra, Traveloka, and Modena, in Jakarta as part of his official visit to the Southeast Asian nation.

Over 3,000 int'l visitors come to Hanoi for BlackPink concert

The Hanoi Department of Tourism on August 5 announced that out of 70,000 peopple flocking to Korean girl band Blackpink’s concert at the Hanoi-based My Dinh National Stadium on July 29 and 30, over 3,000 ones are international visitors.

Vietnam’s macro-economy stays stable, inflation controlled: official

Vietnam’s marco-economic continues to stay stable and inflation is controlled Minister-Chairman of the Government Office Tran Van Son told a press conference following monthly cabinet meeting in Hanoi on August 5.

VN Party chief holds phone talks with Cambodia's CPP President, PM Hun Sen

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong held high-level phone talks with President of the Cambodian People's Party (CPP) and Prime Minister Samdech Techo Hun Sen on August 5.

Dancer pursues his passion, despite years of prejudice

In 2016, Nguyen Trong Hung from Tan Thanh district in Long An Province saw a mua bong roi (queer dance) performance on TV. The wonderful performance of the artist impressed Hung.

VIETNAM BUSINESS NEWS AUGUST 5/2023

Airfares for four-day National Day holidays soar

Foreign airlines earn high profits, Vietnamese airlines in distress

High travel demand plus fuel price decreases helped international airlines earn big profits for the first half of the year. But Vietnamese airlines remain bogged down in difficulties.

Vietnam’s climate change strategy must be sped up

The Vietnamese government is urging ministries to expedite the formulation of actions to materialise the national climate change strategy enacted last year, with a highlight on measures to reduce greenhouse gas emissions.

Search expands for investing options amid market uptick

The decline in deposit interest rates has prompted investors to explore alternative investment channels offering higher profits, as the stock market shows signs of recovery and specific segments of real estate prosper.

Online scams on the rise, threaten safety of digital space

Experts have voiced concern about the rise in the number of online scams and their more sophistication level. They are affecting individuals and institutions, but also damaging the trust and safety of the online atmosphere.

Junk SIM cards gradually eliminated on market to prevent scam calls

The Information and Communications Ministry is conducting a large-scale nationwide inspection to update SIM card owners’ information and wipe out non-original or pre-activated SIM cards from the market.