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Retail premises left idle, landlords struggle to find tenants

Business activities are cooling as consumers have had to tighten their purse strings, with some vendors setting up business on wide sidewalks in HCM City.

PM meets Vietnamese community in China

PM Pham Minh Chinh met representatives of Vietnam’s representative offices and the Vietnamese community in China on June 25 afternoon.

Vietnamese willing to pay for new expensive services

Many unfamiliar services have been launched into the market and are expensive in comparison with the average income of Vietnamese. However, many consumers are willing to pay for them.

Frame solutions proposed for IT network security

After analyzing four major cyberattack trends, the Posts and Telecommunications Institute of Technology (PTIT) has suggested three frame solutions to develop network safety and security.

Banks have money but businesses don’t want to borrow

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu says a bank officer told him that many businesses don’t have demand for capital and many want to give newly borrowed loans back.

Super-expensive houses on sale in Hanoi

A high number of luxury properties in Hanoi have been put for sale amid an otherwise gloomy real estate market with very few transactions.

NA seeks sanctions on polluters discharging untreated wastewater

National Assembly deputies have called for strict sanctions on those who discharge untreated wastewater into the environment, destroying water sources and illegally exploiting underground water.

Da Nang woman makes fish-shaped pillows for child cancer patients

Le Thanh Giang began sewing fish-shaped pillows to give child cancer patients as gifts last mid-autumn. Hundreds of such pillows have been completed and presented.

Computers lead in export revenue in year to mid-June

Vietnam’s export revenue from computers, electronic products, and components had reached US$23 billion as of June 15, making it the highest-earning export category for the country.

Options contracts to trade on MXN later this month

The Mercantile Exchange of Vietnam (MXV) will begin the trading of options contracts for businesses and investors on June 26.

Hanoi conserves Old Quarter’s heritage culture

The People’s Committee of Hoan Kiem District has exerted efforts and taken numerous measures to conserve and highlight the unique historical, religious and architectural heritage of the Old Quarter.

Vietnam ready for citizen protection measures in Russia

The Ministry of Foreign Affairs of Vietnam is developing citizen protection plans for Vietnamese expatriates in southern Russia amidst complicated situations there.

High-tech applications help Hanoi flower growers earn higher incomes

Flower growers in Hanoi earn higher incomes thanks to the use of advanced technologies in their cultivation activities to boost the blooms and generate new revenue streams.

VIETNAM BUSINESS NEWS JUNE 25/2023

The BIFA Wood Vietnam 2023 fair will return to the southern province of Binh Duong from August 9-12, the event's organisers announced at a press conference in the locality on June 22.

Lai Chau: Creative ways to preserve ethnic cultural identities

Maintaining the activities of cultural and art clubs in schools has helped contribute to preserving and promoting the traditional cultural identity of ethnic minorities in Lai Chau province.

VIETNAM NEWS HEADLINES JUNE 25/2023

Chairman of Russia’s State Duma postpones Vietnam visit

Standard Chartered forecasts VN's 2030 export revenue to reach US$620 billion

Vietnam is poised to become a major driver of global trade growth, with its export revenue projected to reach US$618 billion by 2030, according to a report by Standard Chartered titled “Future of Trade: New opportunities in high-growth corridors.”

IVF services offer high profits

There are 53 centers for reproduction assistance and in vitro fertilization (IVF) in the country. With a cost of tens to hundreds of millions of dong for each operation, the service brings very high profits.

Vietnamese workers in Japan leave as yen depreciates

Many Vietnamese guest workers in Japan have decided to leave the country as the yen’s recent depreciation has badly affected their lives.

The rural villages without university students

Previously, having many university students in their communities was the pride of villagers. But now, their pride is centered on their children who train to become guest workers overseas and remit money to help parents build big, beautiful homes.