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Automaker Thaco's value drops to US$3.8 billion

Thaco, the automobile manufacturer owned by billionaire Tran Ba Duong, has seen fluctuations in valuation with the difference of up to several billion, according to transactions in recent years.

Buyers disappointed about 'ugly' car-number plates put up for auction

Motorists have expressed their disappointment about the list of 153,000 car number plates to be auctioned for the first time, slated for August 15, because most of the numbers are not as "beautiful" as expected.

Agro-forestry-fishery export to EU down 16.6% in first half

The value of Vietnam's agro-forestry-fishery export to the European Union (EU) market reached 2.1 billion USD in the first half of this year, down 16.6% year-on-year, according to the Ministry of Agriculture and Rural Development.

Loan shark ring, led by Chinese nationals, provides loans to 1 million borrowers

On July 24, the Police Department of Quang Nam Province revealed its successful collaboration with several operational units of the Ministry of Public Security in dismantling the largest online loan-sharking network to date.

Major banks further cut deposit rates

Four State-run banks have further reduced interest rates for deposits of various tenors in a bid to make loans cheaper for businesses that are struggling to survive tough times.

Commuters discouraged from using public transport due to weather

Although Hanoi's buses have been equipped with air conditioning, those who do not exercise often and sweat during summer are still hesitant to use public transport.

Tuyen Lam to become UNESCO-recognised outstanding Asia-Pacific tourism area

The Tuyen Lam Lake National Tourism Area in the Central Highlands province of Lam Dong has met all UNESCO criteria to become an outstanding tourism area in Asia-Pacific.

VIETNAM BUSINESS NEWS JULY 25/2023

Fertiliser enterprises apply modern technology to reduce emissions

Hippo gives birth at HCM City zoo

A hippo at Dam Sen Cultural Park in HCM City has given birth to her first calf, weighing 25kg after an eight-month pregnancy.

Vietnam ranks 44th in fixed broadband speeds

The nation ranked 44th in the world for fixed broadband speed in June in the Speedtest Global Index, according to Ookla, an American firm that describes itself as a global leader in network and connectivity intelligence.

Ministry steps in regarding suspected scam in exporting cashew kernels to Dubai

In order to avoid unfortunate losses, MoIT recommends that Vietnamese enterprises, when dealing with foreign enterprises, must be cautious and carefully negotiate payment terms to ensure safety.

Three Vietnamese destinations listed among 10 cooling getaways in Asia

Channel NewsAsia has picked 10 cooling getaways in Asia to escape the intense heat, with three Vietnamese destinations - Sa Pa in Lao Cai province, Da Lat in Lam Dong province, and Ba Na Hills in Da Nang – featured on the list.

Vietnamese passion fruit, coconut get green light to enter Australia, China

Fresh Vietnamese passion fruit and coconut have huge export opportunities to Australia and China via official channels, according to the Plant Protection Department under the Ministry of Agriculture and Rural Development.

Vietnamese, Austrian Presidents hold talks

President Vo Van Thuong and his Austrian counterpart Alexander Van der Bellen discussed measures to deepen the bilateral friendship and multifaceted cooperation during their talks in Vienna on July 24.

Swine fever vaccines approved for nationwide use

The Ministry of Agriculture and Rural Development (MARD) on July 24 issued a document guiding the use of vaccines against African swine fever (ASF) nationwide.

Vietnam considers risk-free bonds

The Government has assigned the Ministry of Finance to study a proposal to allow the State Bank of Vietnam to guarantee payment of bank bonds, just like with bank deposits.

VIETNAM NEWS HEADLINES JULY 25/2023

Doksuri forecast to become superstorm

Vietnam considered potential market for foreign agricultural products

Importing countries have organized a series of trade promotion activities to increase exports as they considered the Vietnamese market as a highly potential one for agricultural products.

Where are the Vietnamese art critics and cultural researchers?

Amid the social network boom, anyone can express opinions about artworks and become a cultural critic. However, well-trained professional critics are seriously lacking in Vietnam.

Film industry increases positive impact on local economy

The film industry has positive impact on local economy, helping to promote local images and brands, attracting investment and tourists.