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VIETNAM BUSINESS NEWS AUGUST 15/2023

HCM City aims to attract more foreign tourists

150 couples to set Vietnam mass wedding record

A total of 150 couples are expected to set a new Vietnam record for the largest number of participants in a mass wedding to be held on October 15.

VIETNAM NEWS HEADLINES AUGUST 15/2023

National marine spatial planning project to be completed in 2023

Winner of Tan Son Nhat airport’s T3 terminal bidding package announced

The bidding package on construction and equipment installation of Passenger Terminal T3 at Tan Son Nhat International Airport in Ho Chi Minh City will be implemented by a joint venture of six contractors.

Derivative stock market: VN30 index futures contract up 27.46% annually

The Hanoi Stock Exchange (HNX) has announced that after six years of operation, the derivative stock market has shown positive and stable growth, with active trading and an increasing number of investors.

Citizens from 13 countries allowed to enter Vietnam for 45 days

The Government on August 14 issued Resolution No. 128/NQ-CP amending Resolution No. 32/NQ-CP dated March 15, 2022, regarding visa exemption for citizens of certain countries.

Defence Minister Phan Van Giang attends Russia’s Army 2023

A Vietnamese delegation, led by Minister of National Defence General Phan Van Giang, participated in the opening ceremony of the international military-technical forum (Army 2023) in Moscow on August 14.

Vietnam’s short-term economic outlook positive: PwC

Vietnam’s economic growth is projected to be still positive in the short term, according to the London-based audit service supplier PricewaterhouseCoopers (PwC).

Vietnam’s rice prices soar as global rice shortage persists

Vietnam’s rice prices have climbed to a new high amid shortages around the world. It plans to export 7-8 million tons of rice this year at high prices, according to Minister of Agriculture and Rural Development Le Minh Hoan.

Vietnam’s EV market set to experience strong growth

Vietnam’s electrical vehicle (EV) market is poised for strong growth over the next decade, according to the latest report by BMI Research.

Cham craft villages in An Giang gain popularity among tourists

The development of community-based tourism associated with traditional culture has improved the quality of life of the Cham ethnic minority people in the southern province of An Giang.

Positive offsets found amid downbeat sentiment

Vietnam’s export landscape continues to regain momentum on account of gradually recovering demands, but risks are still looming.

Vietnam’s real estate thirsty for M&A deals

Mergers and acquisitions between domestic and international real estate developers were down in the first half of the year, but could be a future bright spot with Vietnam boasting attractive economic fundamentals and investors biding their time.

Som Rong pagoda in Soc Trang province

Soc Trang has 92 Khmer pagodas. Som Rong is a spacious pagoda with unique Khmer architecture. In April the Soc Trang provincial People’s Committee issued a document recognizing Som Rong as a provincial tourist destination.

Spotted-dove-shaped cake, a symbol of maternal love among Cao Lan people

A spotted-dove-shaped cake is a typical dish of the Cao Lan ethnic group.

Sconnect wants to put Vietnam on world’s animation-industry map

Putting Vietnam’s name on the world’s animation industry map is the goal of Sconnect, a Vietnamese cartoon brand that features Wolfoo, a lovely wolf cub character.

The worse the human impact on nature, the more serious the consequences

The frequency of landslides in recent years shows that human activity has affected mountains and forests, leading to serious negative consequences, Associate Prof Dr Tran Tan Van, former director of the Institute of Geosciences and Minerals, said.

Binh Thuan to organize Kate festival of Cham people in October

According to the Department of Culture, Sports and Tourism of Binh Thuan province, the province will organize the Kate festival 2023 at the Po Sah Inu tower relic in October.

HCMC to set up boats on river to sell coffee, bread, hu tieu to tourists, locals

With 500,000 waterway travelers a year and a vast river and canal network, HCM City is planning to take full advantage of the conditions to develop waterway culinary tourism.

Chinese businesses buy earthworms in bulk, harming Vietnamese orchards

Northern fruit growers are increasingly anxious because of an increase in earthworm sales to Chinese businesses, which have resulted in damage to their orange orchards.