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NA deputies question power import amid abundant renewable energy

Many NA deputies raised the question of why Vietnam has to import electricity from Laos and China while 4,600 MWs of renewable energy are wasted and not allowed to connect to the national power grid.

VN to build several logistics centers in Southeast region

The Transport Ministry has just issued a plan for logistics development in the Southeast region to become more modern, consistent while ensuring national defense and public security.

HCMC’s Southern Fruit Festival 2023 to take place next weekend

The HCMC annual largest fruit festival 2023 will return to Suoi Tien Cultural Park in Thu Duc City on June 1- August 31.

One more undersea cable line fixed

The problems detected on Branch S1I of the America Asia Gateway (AAG) undersea cable linked with Vietnam have been fixed, resuming internet connection between Vietnam and Hong Kong (China).

Fishery product exports unlikely to achieve US$10 billion

Exporters of fishery products could hardly achieve the target of US$10 billion in revenue this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Ministry approves electricity prices for 19 renewable energy projects

The Ministry of Industry and Trade has approved the provisional electricity prices for 19 wind and solar power plants with a total capacity of around 1,400MW.

Major banks further lower deposit interest rates

Several major banks have slashed their deposit interest rates by 0.5 percentage point compared to those in mid-May, right after the State Bank of Vietnam (SBV) announced two decisions further lowering key interest rates in its easing cycle.

Gov’t submits to legislature breakthrough mechanisms for Ho Chi Minh City

The Government has submitted a draft resolution on piloting a number of specific mechanisms for HCMC to the ongoing session of the National Assembly in the hope of creating breakthroughs in the city's development.

Three Korean nationals arrested for stealing VND2 billion in HCM City

The Ho Chi Minh City Police said they have arrested three Korean nationals after they broke into a local resident’s house in District 7 and stole their property.

NA's Finance and Budget Committee supports slashing VAT

The ministry suggested that the policy, expected to boost the economy, should be applied until December 31.

Vietnam mission marks 75th anniversary of UN Peacekeeping

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations, on May 25 chaired a ceremony marking the 75th anniversary of the International Day of United Nations Peacekeepers (May 29, 1948-2023).

VIETNAM NEWS HEADLINES MAY 26/2023

First Vietnam – ASEAN culture, food festival opens in HCM City

VIETNAM BUSINESS NEWS MAY 26/2023

HCM City works to remove roadblocks to key projects

State Audit names banks breaking credit limit

The general audit result submitted by the State Audit to the National Assembly shows many problems in the operations of financial institutions and banks.

How the VND230 trillion budgeted for Covid-19 was spent

A supervision team has submitted to the National Assembly a report on monitoring the mobilization, management and use of resources to prevent and control Covid-19, and implement policies and laws on grassroots and preventive medicine.

New regulations slow down vaccine supply, posing risk of disease infection in VN

There are increasing concerns the prolonged vaccine shortage may soon lead to the resurgence of infectious diseases in Vietnam.

Vietnamese film leaves positive impression at Cannes Film Festival

Following on from its global premiere on May 24 at the Directors Fortnight section of the Cannes Film Festival, Vietnamese movie “Ben Trong Vo Ken Vang received a five-minute standing ovation from audiences.

Bamboo Airways replaces new CEO, will recruit foreign managers

Bamboo Airways, the second private airline of Vietnam, has appointed a new CEO nine months after the CEO took office. It reportedly is going to recruit two senior executives from a large Japanese airline.

Local photographer wins prize at international photography awards

Vietnamese photographer Phan Thi Khanh claimed a top prize at the Pink Lady Photographer of the Year, the world's leading photography competition.

Vietnamese Family Festival 2023 to open in Hanoi

The Vietnamese Family Festival 2023 will take place at the Vietnam Exhibition Centre for Culture and Arts in Hanoi from June 23-25, announced the Ministry of Culture, Sports and Tourism on May 25.