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Vietnam News Headlines December 10/2024

PM urges whole country to engage in innovation, digital transformation for development

Vietnam records 24.3 billion USD trade surplus in 11 months

Vietnam posted a trade surplus of 24.31 billion USD in the January-November period, according to the General Statistics Office.

529 million USD spent on Vietnam’s youth start-up ecosystem in 2024

Vietnam’s youth start-up ecosystem has attracted 529 million USD in venture capital funding for start-ups in 2024, according to the National Study on the State of the Ecosystem for Youth Entrepreneurship in Vietnam.

Asia constitutes 80% of foreign arrivals in Vietnam

Nearly 80% of foreign arrivals in Vietnam so far this year hailed from Asia, with a significant 60% coming from the Republic of Korea (RoK), China, Taiwan (China), and Japan, reported the Vietnam National Authority of Tourism on December 6.

Vietnam invests in infrastructure for stable Internet development

Vietnam is aiming to improve and develop its Internet infrastructure to align with the advancement of new technologies, while ensuring safety and sustainability, in order to meet the growing demand for Internet usage.

Vietnam’s seafood export hits 1 billion USD mark for October

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.

Vietnam needs a competitive energy market: experts

Vietnam is making significant strides toward transforming its energy sector by fostering a competitive and sustainable market to meet the nation’s socio-economic development demands.

Hanoi to host sixth global forum of young Vietnamese intellectuals

Hanoi to host sixth global forum of young Vietnamese intellectuals

Vietnam to develop yachts services as signature tourism product

The Ministry of Transport recently released a draft decision approving the proposal for a yacht management project, which is set to be developed into a signature tourism service of the country by 2030.

Realty stocks see signs of recovery

The Vietnamese real estate market is signalling the end of a prolonged downturn, with notable signs of recovery in profitability. However the pace of revival remains measured, due to sluggish sales and limited improvements in consumer incomes.

More tax law reforms needed to address e-commerce challenges

The rapid growth of e-commerce has contributed significantly to Vietnam's economic development, but it also brought challenges, particularly in tax management.

Vietnam’s industrial production rises by 8.4% in 11 months

Vietnam's index of industrial production (IIP) in the January – November period rose 8.4% from the same period last year, reported the General Statistics Office (GSO).

500 healthcare professionals discuss cancer, osteoporosis care in Vietnam

Non-communicable diseases, including cancers such as lung, liver, and breast cancer, account for 77% of total deaths in Vietnam.

PM calls for development of traditional medicine products to serve tourists

Prime Minister Pham Minh Chinh has called for a focus on developing and diversifying services and products in traditional medicine, as well as improving the quality of traditional medicine in healthcare-related services, to meet tourism demands.

Vietnam sees 2.6% decline in new real estate firms in 11 months

Vietnam's real estate sector recorded the establishment of 4,241 new companies in the first 11 months of this year, marking a 2.6% annual dip, reported the General Statistics Office (GSO).

Vietnam’s political streamlining: Attracting talent to lead the way

Dr. Nguyen Si Dung advocates for integrating technical expertise into leadership roles as Vietnam streamlines its political apparatus.

US emerges as biggest consumer of Vietnam’s pepper

Vietnam exported 235,335 tonnes of pepper, including 207,498 tonnes of black pepper and 27,837 tonnes of white pepper, in January - November to earn 1.22 billion USD, with the US being the biggest importer.

Vietnam start ASEAN Championship campaign with 4-1 win against Laos

Vietnam’s national football team started their journey at the 2024 ASEAN Championship with a 4 - 1 win against Laos at the New Laos National Stadium in Vientiane on December 10.

PM issues directive on accelerating national green growth strategy

Prime Minister Pham Minh Chinh on December 9 issued a directive to push ahead with the implementation of the national green growth strategy for 2021 - 2030 with a vision to 2050, a bold step to deliver on the carbon neutraility target.

Merging Vietnam’s MIC and MST: A bold step for digital transformation

Vietnam plans to merge its Information-Communications and Science-Technology ministries, aiming to create a stronger body to lead national digital transformation efforts.