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M&A to pick up in property market

Domestic property developers are looking to sell assets and shares to deal with debts, restructure, maintain cash flow and keep operations going, according to industry experts.

Vietnam's ICT services revenue hits US$47.6 billion

Vietnam's information and communications services reached VND1.13 quadrillion ($47.6 billion) in the first four months of 2023.

Young people 'detox' with herbal teas to prepare for summer fun

Vast forests, sapphire-colored water, white-sand beaches filled with golden sunlight, BBQ parties full of hyped tunes and delicious spicy food are all calling young people as summer approaches.

Hoi An finalizes entrance fee collection plan

Hoi An City authorities have worked with local residents and tourism businesses to find the best solution for managing tourism services, including a plan to collect entrance fees from visitors to the UNESCO-listed ancient town.

Additional $81,000 in capital proposed for Nhon-Hanoi Station metro line

Hanoi People’s Committee has submitted a report to the Prime Minister on extending the completion deadline for the Nhon-Hanoi Station metro line project and increasing the budget.

Vietnam to put cross-border messaging apps under control

The popularity of messaging apps such as Zalo, Viber, Telegram and WhatsApp have posed new problems for the management of telecommunications activities.

Six multi-level marketing firms in Vietnam to be inspected

The National Competition Commission (Ministry of Industry and Trade) will inspect the operations of six multi-level marketing firms to make sure their operations are in line with the rules.

NA Economic Committee wants Gov’t to clarify EVN’s losses

The National Assembly Economic Committee has asked the Government to clarify why Vietnam Electricity Group (EVN) has made losses of more than VND26.4 trillion.

PM Lee Hsien Loong to visit Vietnam in second half 2023

Singaporean Prime Minister Lee Hsien Loong will visit Vietnam in the second half of this year to mark 50 years of diplomatic ties and 10 years of the strategic partnership between the two countries this year.

Seventy children hospitalized in Nghe An, food poisoning suspected

More than 70 children aged from three to five from a preschool in the central province of Nghe An were rushed to hospitals after eating a snack on the evening of May 9.

Two broken undersea cable lines repaired

According to a representative of the Department of Telecommunications, as of May 3, two undersea optical cable networks of IA and SMW3 were fixed. The remaining three routes are expected to be restored in May and June.

HCM City may install roof for Nguyen Hue Pedestrian Street

HCM City’s authorities are Ben Bach Dang Park in District 1 to protect pedestrians from sunshine and rain.

Vietnamese blockbuster hits VND200 billion in two weeks

Independent data site Box Office Vietnam reports that as of May 7, the new box office hit Lật Mặt 6: Tấm Vé Định Mệnh (Face Off 6: The Ticket of Destiny) by filmmaker Ly Hai had earned over VNĐ200 billion after two weeks in theatres.

More than US$1.2 billion spent on car imports over four-month period

Vietnam spent more than US$1.2 billion on importing 54,344 completely built-up (CBU) vehicles during the initial four months of the year, marking a surge of 47.2% in volume and 33.4% in value year on year.

Hong Thanh wins bronze at Asian Weightlifting championships

Pham Thi Hong Thanh on May 9 brought home a bronze medal for Vietnam at the 2023 Asian Weightlifting Championships which is getting underway in the Republic of Korea (RoK).

Vietnamese broken rice among top 100 most popular rice dishes in Asia

International food magazine TasteAtlas recently selected Com Tam, Vietnamese broken rice, as one of the top 100 most popular rice dishes throughout Asia.

Vietnam dong one of most stable currencies in Asia: Experts

Amid the fluctuation of the global financial market, the exchange rate in Vietnam has remained stable in the first four months of this year, and the Vietnam dong has been considered one of the most stable currencies in Asia, according to experts.

Ticket sale begins for Danang International Fireworks Festival 2023

Tickets for the Danang International Fireworks Festival (DIFF) 2023 have been sold online to create favourable conditions for local residents and tourists, according to the event’s organisers.

Vietnam spends US$1 billion importing cashew nuts over four months

Vietnam imported roughly 795,500 tonnes of raw cashew nuts worth US$1.06 billion during the first four months of the year, marking a rise of 4.8% in volume but a reduction of 7.1% in value year on year.

Airbus’ whale-shaped aircraft arrives in Da Nang for first time

Airbus Beluga, the whale-shaped flying marvel, made its maiden appearance at Da Nang International Airport on May 9, with the arrival of the aircraft leaving both airport staff and passengers awestruck.