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New security problems arise as banks apply AI

The finance and banking sector is facing new risks amid strong AI (artificial intelligence) development, according to Microsoft Vietnam’s chief technology officer Le Nhan Tam.

An Giang’s unique ‘long-legged dancer’ delicacy

The "long-legged dancer," or dried frog, from An Giang delights diners with its delicate flavors and crunchy bones, earning it a spot among Vietnam’s most prized dishes.

Hoa Binh promotes cultural development for sustainable growth

Hoa Binh is advancing its cultural initiatives, integrating heritage preservation with sustainable development to enhance the province’s socio-economic landscape.

Vietnam collects over VND 6.2 trillion in taxes from 110 foreign suppliers

Vietnam’s e-Tax Portal for foreign suppliers has proven its effectiveness, enabling 110 international entities to declare and pay over VND 6.234 trillion ($260 million) in taxes this year.

Institutional reform: Reducing administrative market interference

Shifting from administrative commands to policy-driven mechanisms is vital for Vietnam's economic modernization, experts highlight.

Flood-prone areas in Hanoi to gain relief with new dike project

Hanoi’s renovation of 17km of dikes along the Buoi and Day rivers aims to reduce flooding risks and improve living conditions for thousands of residents.

Bac Trach church in Thai Binh: A stunning European-style destination

With its impressive Gothic style combined with Greek architecture, Bac Trach Church in Thai Binh is considered one of the largest and most beautiful churches in Northern Vietnam, drawing numerous visitors.

Vietnam Business News November 20/2024

Domestic firms seize opportunities to join North-South high-speed railway project

KBC’s billion-dollar deal with Trump Organization triggers strategic moves

KBC’s $1.5 billion collaboration with the Trump Organization marks a pivotal moment, spurring strategic changes in Dang Thanh Tam’s business empire.

Auditors for Quoc Cuong Gia Lai’s financial reports suspended

The State Securities Commission has suspended auditors who signed off on Quoc Cuong Gia Lai’s 2023 financial report, citing violations of audit standards.

Traditional craft meets modern art in exhibition of northwest women

Portraits of Northwest Vietnam’s unsung heroines take center stage in a unique art exhibition blending photography with do paper.

$152 billion industry: Vietnam’s digital tech sector shines

The International Digital Investment Forum, a highlight of Vietnam Digital Week 2024, showcased the nation’s $152 billion tech industry and its international potential.

A new plant species discovered in central Vietnam

A new plant species in the Begonia family, Begonia laxiflora, has been found in the dense evergreen forests of the Đakrông Nature Reserve in the central province, and the new species is almost certainly endemic.

Hundreds of damaged irrigation reservoirs need repairing

Vietnam’s system of dams and reservoirs is facing numerous challenges. Unusual rainfall patterns, flash floods due to climate change and the degradation of many structures pose significant safety risks.

Gov’t orders enhanced efforts to prevent drowning

The directive, signed on Tuesday, follows a tragic incident in Hiền Quan Commune, Tam Nông District, Phú Thọ Province, where six students were swept away on Monday.

Trade growth between VN and Americas promoted by FTAs

According to the Ministry of Industry and Trade, in the first ten months of 2024, Vietnam’s trade value with the Americas region reached more than US$136.5 billion, an increase of 20.7 per cent over the same period in 2023.

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.

Hanoi to spend US$1.5 million supporting gardens, farms affected by Typhoon Yagi

These areas were affected by the typhoon and subsequent floods but have not been included in previous relief plans by the Government and the city authorities.

Banks await green taxonomy to accelerate green credit

Green taxonomy, a framework for defining what can be considered environmentally sustainable, becomes critical as a base for banks to accelerate the provision of green credit, heard a conference on Tuesday.

Foreign investor to divest from Vinasun

Liquidity remains poor with only a few thousand shares traded per session, limiting the fund’s ability to offload shares effectively.