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Vietnam Business News October 9/2024

RoK’s Jeju province hopes for regular direct flights to Vietnam

10 iconic moments that make you fall in love with Hanoi

Experience the beauty and charm of Hanoi through 10 unforgettable moments that showcase the city’s unique blend of tradition, culture, and timeless appeal. From autumn leaves to quiet cafes, Hanoi’s essence is captured in every season.

Vietnam to end unofficial-quota exports to China by 2030

As of January 1, 2030, goods will only be processed for import-export procedures at international border gates and main border gates.

Domestic property market has only 40,000 licensed brokers

The association said that the real estate market normally has about 300,000 - 400,000 practising brokers. After the 2023 Real Estate Business Law officially took effect, individual brokers must have certificates.

AFC fines VFF for Asian Cup qualifiers medical rule violations

The Asian Football Confederation (AFC) has fined the Vietnam Football Federation (VFF) US$10,000 for not meeting medical requirements during the AFC U17 Women’s Asian Cup qualifiers held in September 2023.

Imagine Dragons to perform at Vietnam festival in December

Well-known American pop rock band Imagine Dragons are set to perform at 8WONDER Winter 2024, which is scheduled to take place in Ho Chi Minh City on December 8.

Three Vietnamese entrepreneurs among Top 100 Most Powerful Women in Asia

Three female Vietnamese entrepreneurs have been named on a list of the Top 100 Most Powerful Women Asia 2024 (MPW Asia), as complied by Fortune magazine.

Network to connect ASEAN Heritage Parks in Vietnam

The Ministry of Natural Resources and Environment (MoNRE) is developing a network to connect ASEAN Heritage Parks (AHPs) in Vietnam, as part of activities in implementing the National Biodiversity Strategy to 2030, with a vision for 2050.

HCM City approves 9 billion-USD Can Gio coastal urban development project

The Ho Chi Minh City People’s Committee has approved the planning for the Can Gio coastal urban area, which covers an area of 2,870 hectares and is projected to attract nearly 9 billion USD in private investment.

F&B industry to reach 30 billion USD in 2024

The Ministry of Industry and Trade (MoIT) forecasts that the revenue of the food and beverage (F&B) industry will grow by 10.92% this year, reaching more than 720 trillion VND (29.8 billion USD).

Grand Prize of Bui Xuan Phai Awards honours Hanoian architect

The 17th “Bui Xuan Phai: For the Love of Hanoi” Awards were presented at a ceremony held at the Temple of Literature in the capital city on October 8, with the Grand Prize honouring architect Hoang Dao Kinh.

State-owned banks struggle to increase capital

While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.

Foreign investors interested in green development, semiconductor industry in VN

Green, clean development and semiconductor chip production are among the sectors in Vietnam that foreign investors are interested in, according to VinaCapital CEO and Founding Partner Don Lam.

Vietnam News Headlines October 9/2024

Standout individuals honoured for contributions to Hanoi’s development

Vietnam seeks Japan's cooperation in hydrogen energy development

Vietnamese Consul General in Fukuoka Vu Chi Mai held a working session with a delegation from the National Innovation Centre (NIC) led by its Deputy Director Do Tien Thinh on October 8.

Bright prospects for exports to set new record in 2024

With positive results recorded in the first nine months of 2024 and efforts of businesses, experts are optimistic about the country’s bright export prospects in the rest of the year towards a historical record of 400 billion USD.

Vietnam honors 150 years of UPU with new stamp collection

On October 9th, Vietnam’s Ministry of Information and Communications released a new postage stamp to celebrate 150 years of the Universal Postal Union.

Nhan Dan Newspaper earns global recognition for Dien Bien Phu Supplement

Nhan Dan Newspaper's panoramic supplement on the Dien Bien Phu campaign has been awarded the 2024 Innovation and Sustainable Development Award in the category of "Best Product for Young Readers" at the World Print Summit.

No public recording allowed of traffic police operations starting November

The Ministry of Public Security has introduced a new circular that eliminates the provision allowing citizens to monitor traffic police with audio and video devices, effective from November 15.

Hanoi Medical University makes its debut on 2025 World University Rankings

Hanoi Medical University, along with University of Economics Ho Chi Minh City and Open University, has made its debut on the 2025 THE World University Rankings, marking a significant achievement for Vietnam's higher education sector.