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Vietnam’s supporting industry for electronics needs more support

In addition to the efforts of enterprises, Vietnam’s supporting industry for electronics production needs many helpful policies from the State to promote its development.

Vietnam News Headlines December 11/2024

Developing green and sustainable tourism as a pathway to growth

Snake-themed gold-plated gifts spark interest ahead of Lunar New Year

Months before the Lunar New Year, Hanoi’s artisans are busy creating intricate snake-themed statues and gold-plated artwork to meet rising demand.

Tax, customs issues plague businesses; authorities commit to accountability

Businesses at a tax and customs dialogue detailed persistent issues costing them billions, with authorities responding with commitments to improve.

Plastics demand growing, says industry association

The plastics industry has enjoyed impressive growth this year, driven by steady demand from the construction, packaging and consumer industries, according to the Vietnam Plastics Association.

Human trafficking schemes prey on trust and desperation

Former trafficking victims have become pivotal in publicity campaigns by participating in outreach programmes and sharing their personal stories, helping others recognise and reject similar schemes.

Hanoi boosts rewards for international gold medalists to $12,200

With rewards now up to 15 times higher, Hanoi’s top-performing students and their teachers are set to benefit from the city’s focus on education.

HCM City to address 1,000 unused public assets with central support

Ho Chi Minh City is tackling unused public assets and inefficiencies, aiming for effective management amid organizational restructuring.

Vietnam-China trade nears $200 billion milestone

After 11 months, Vietnam-China bilateral trade reaches US$185.4 billion, nearing a historic milestone of $200 billion

Hanoi to spend $150 million annually to boost civil servant incomes

Starting in 2025, Hanoi will allocate surplus wage reform funds to provide additional income for over 40,000 civil servants and public employees.

Vietnam faces historic low fertility and accelerated aging

Demographic shifts are transforming Vietnam into an aging society, raising alarms about sustainability and the need for urgent policy measures.

Corporate bond market sees steep issuance decline

The residential real estate sector holds 60 per cent of the total defaulted bond volume, reflecting substantial risks in this sector.

Real estate demand for e-commerce and logistics rises in Vietnam

The explosive growth of e-commerce and logistics in Vietnam is pushing up demand for warehouse real estate along with infrastructure investment.

Only 10 per cent of businesses ready to report carbon emissions

A total of 2,166 businesses are required to report greenhouse gas emissions by March 2025 and develop plans to reduce emissions.

Vietnamese cashew seizes growth opportunities in the UK with UKVFTA advantages

Despite shifting market dynamics and stringent trade policies, Vietnam’s position as a leading supplier of cashews to the UK remains strong.

Bank capital contribution needs investigation to prevent cross-ownership

Experts emphasised the need to investigate investments and capital contributions linked to banking sector big bosses to curb cross-ownership and manipulation.

Why xoi xeo is a must-try breakfast in Hanoi’s Old Quarter

An early morning visit to a xôi (sticky rice) stall in Hanoi’s Old Quarter left American YouTuber David Hoffmann astonished, as he witnessed the vendor skillfully wrapping multiple orders at lightning speed amid a bustling crowd.

Hanoi reduces Yen Xa wastewater project budget by over $200 million

Hanoi has reduced the Yen Xa Wastewater Treatment System budget by over VND 5 trillion, citing updated valuations and a revised project timeline.

Vietnam and China agree to build three key railway lines

Vietnam and China have agreed to collaborate on constructing three standard-gauge railway lines, marking a new phase in their comprehensive partnership.

HCM City to complete 510km metro network by 2045

By cutting its metro timeline by 15 years, HCM City is positioning itself as a leader in urban transport innovation.