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Mounting challenges

As the tax and land fee incentives that have made Vietnam appealing to foreign investors are about to end, the Government needs to devise a different strategy to attract new foreign investors and retain existing ones.

Earning high by growing orchids on rooftop

Lam Khuong Quyen, a 35-year-old man in Can Tho City, can earn some VND30 million per month from the cultivation of orchids on the roof of his house.

Death rate from Covid-19 higher than from other infectious diseases in Vietnam

The rate of people dying from Covid-19 in Vietnam is at 0.37 percent, still higher than the rate from other infectious diseases which is at 0.09 percent, said a senior health official.

The three bottlenecks facing private enterprises in Vietnam

While private enterprises have to struggle to get land for factories, the red carpet treatment is given to foreign-invested enterprises (FIEs) in all cities and provinces in the country.

Penthouses sell well in Vietnam as supply is limited

Prices range from hundreds of millions of dong to half a billion dong per square meter, but penthouses still are selling well as more ultra-wealthy people accept sky-high prices.

Malls struggling to keep enticing brands

The bankruptcy filing from Malaysian retailer Parkson Retail at the end of April has demonstrated the fierce competition among retail centres in Vietnam

Two Vietnamese representatives to attend Cannes festival's film market

The French Embassy in Vietnam is set to assist two Vietnamese representatives to participate in Marché du film de Cannes, one of the largest film markets in the world which will run during the Cannes Film Festival from May 16 to May 24.

HCM City's commercial centres still quiet

Major commercial centres like Diamond Plaza, Pearl Center, The Oxygen, Parkson Cantavil that are located on prime locations in HCM City and were once bustling sites have fallen quiet.

VIETNAM NEWS HEADLINES MAY 15/2023

Korean football club holds Vietnam Day in Seoul

VIETNAM BUSINESS NEWS MAY 15/2023

Halal industry to boost Vietnam’s links with Muslim countries: official

Entertainment and cultural events of the week (May 15-21/2023)

Upcoming entertainment and cultural events in Vietnam's major cities on May 15-21/2023.

Vietnam aims to join global supply chain for semiconductor IC

Vietnam is taking steps to actualize the strategy on becoming an important link in the global semiconductor chip supply chain.

QR codes to be introduced for administrative procedures from May 25

Agencies, organizations, and individuals will use QR codes when completing administrative procedures and checking results from May 25.

Victories of Vietnam at SEA Games 32

Vietnamese sports always bring to the Southeast Asian Games (SEA Games) sweet and memorable emotions.

Tourists enjoy dolphins swimming off Phu Yen coast

Tourists and local people enjoyed a majestic spectacle of a pod of dolphins swimming off the shore of Bai Mon Beach- Mui Dien Cape of the central coastal province of Phu Yen on May 14.

Michelin stars to be awarded to restaurants in Hanoi, HCM City

The first Michelin-starred restaurants in Vietnam will be announced in Hanoi on June 6.

High costs setback to green transition in VN maritime transportation

From January 1, it is mandatory for all vessels to initiate the collection of data for the reporting of their CII and CII ratings.

Base salary for VN civil servants, public employees to rise from July 1

The Government has issued a decree regulating the base salary for civil servants, public employees, and members of the armed forces, stipulating that it will increase from 1.49 million VND (63.5 USD) to 1.8 million VND per month from July 1, 2023.

Vietnamese navy ship joins int'l multilateral activities in Malaysia, Indonesia

Ship 20 of Naval Region 3’s Brigade 172, together with a delegation of the Vietnam People’s Navy (VPN), left the central city of Da Nang on May 14 for international multilateral activities in Malaysia and Indonesia.

Charter capital of banks to increase sharply in 2023

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.