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VIETNAM BUSINESS NEWS JUNE 3/2023

Farm product exports gross US$20.26 billion in five months

Vietnamese billiards players defeat former world champions

Local cueists Duong Quoc Hoan and Nguyen Anh Tuan enjoyed victory over former world champions Thorsten Hohmann and Albin Ouschan to progress to the knockout round of the UK Pool Open 2023.

Vietnam to diversify rice export markets

Vietnam will develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure under a strategy recently approved by the Prime Minister.

US centre hands over Vietnamese martyrs’ artifacts to families

US Texas Tech University’s Vietnam Centre and Sam Johnson Vietnam Archive has handed over a collection of diaries and letters of Vietnamese soldiers, mostly of those who had died during the wartime in Vietnam, to their families and relatives.

Thirty three football players summoned for FIFA Days

Coach of the national football team Philippe Troussier has summoned 33 players for training ahead of FIFA Days, the Vietnam Football Federation (VFF) said on June 2.

Da Nang launches app to help visitors easily access to public toilets

Visitors to Da Nang can easily locate public toilets that are open for free throughout the central city, via an application launched recently on the Danang Smart City mobile app.

Ministry announces 11 new national intangible cultural heritages

The Ministry of Culture, Sports and Tourism has announced 11 new national intangible cultural heritages, all of which are in the northern mountainous provinces of Tuyen Quang, Dien Bien, Bac Kan, Cao Bang, and Yen Bai.

Nearly 6.94 billion USD raised through Gov't bond auctions in five months

The State Treasury raised 162,952 billion VND (nearly 6.94 billion USD) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) in the first five months of 2023, up 188.4% year-on-year.

Vietnam-Laos agreement on mutual judicial assistance in civil matters ratified

President Vo Van Thuong has signed a decision approving the Vietnam-Laos agreement on mutual judicial assistance in civil matters.

Vietnamese-American scientist awarded Wilhelm Exner Medal 2023

Vietnamese-American scientist Nguyen Thuc Quyen has recently been awarded the Wilhelm Exner Medal 2023 for her valuable contributions directly impacting the future economy through the development of organic solar cells.

VIETNAM NEWS HEADLINES JUNE 3/2023

PM requests intensifying administrative reform, business climate improvement

Vietnam seeks RoK's assistance to develop baseball

In Vietnam, baseball was first introduced in Ho Chi Minh City over 10 years ago through some foreign entrepreneurs.

National Power Development Plan VIII to ensure national energy security

The National Power Development Plan VIII, which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead.

Contributions of foreign direct investment cannot be denied

The role of foreign invested enterprises (FIEs) has been enormous and cannot be denied in all aspects of our country’s economic and social life over the past 35 years.

Real estate loses position as second biggest FDI sector

In April, real estate lost the second position in the ranking of business fields most attractive to foreign investors. In May, as many as 554 real estate firms were dissolved.

FDI enterprises see contradictory performance on stock market

Besides the listed FDI enterprises doing business with profit, there are names that have been delisted due to losses.

Five important traffic projects to be constructed in Q2/2023

In the coming months, the Ministry of Transport is pushing investors and project management boards to complete investment procedures in order to commence 10 and complete nine projects in the second quarter.

Top models to compete in national modeling reality TV show

Around 20 male and female models will compete for the title of the modelling-themed reality TV series Face Vietnam 2023.

Da Nang int'l fireworks festival to activate bustling summer tourism season

The Da Nang International Fireworks Festival (DIFF 2023) is expected to be a "symphony of lights" activating a bustling summer tourism season in the central beach city of Da Nang.

The monetary policy and liquidity of the economy

Enterprises want to have a flexible effective monetary policy and to see their demand for capital satisfied. Ensuring liquidity is one of the most important duties of the policy.