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Vietnamese, Cambodian PMs attend investment forum

Prime Minister Pham Minh Chinh and his Cambodian counterpart Samdech Moha Borvor Thipadei Hun Manet on December 12 attended the Vietnam-Cambodia investment and trade promotion forum within the framework of the latter’s official visit to Vietnam.

Mekong Delta develops 1 million ha of low-emission high-quality rice

The Ministry of Agriculture and Rural Development in collaboration with Hau Giang on December 12 held a ceremony to launch a project on developing 1mil. hectares of high-quality, low-emission rice linked with green growth in the Mekong Delta by 2030.

Japanese businesses enjoy huge profits when investing in Vietnam

Of nearly 900 Japanese businesses in Vietnam, 54.3 percent of them are profitable businesses.

China ramps up investment in Vietnamese market

Chinese investors took the lead in terms of the number of newly-registered projects in Vietnam during the 11-month period with 632 with a total investment capital exceeding US$3 million.

Digital technology firms, revenue up over 30% in five years

The number of digital technology companies in Vietnam has increased by 30% while the industry’s revenue has risen by 32% since 2019, Minister of Information and Communications Nguyen Manh Hung said on December 11.

Vietnam Rice Industry Association makes debut

The Vietnam Rice Industry Association (VIETRISA) made its debut at its first congress for the 2023 - 2028 tenure held in the Mekong Delta city of Can Tho on December 11.

Vietnam rolls out red carpet for US chip giant’s investment: Minister

Vietnam boasts huge potential to develop semiconductor and AI industries, and pledges to create favourable conditions for NVIDIA corporation, a leading chip producer in the US, Minister of Planning and Investment Nguyen Chi Dung said on December 11.

Vietnam aims to use organic fertiliser for 50% of cultivation area by 2050

VN aims to use organic fertiliser for 50% of the total cultivation area nationwide by 2050, and have at least 80% of centrally-run cities and provinces build organic fertiliser farming models as part of value chains for major and specialty products.

Apple to move key iPad engineering resources to Vietnam: Nikkei Asia

Apple is for the first time allocating product development resources for the iPad to Viet Nam, said Nikkei Asia in a recent article.

Ceiling airfares increased as rising costs weigh on profits of local airlines

The Ministry of Transport has issued a circular which will increase ceiling airfares for domestic routes from March 1, 2024, after the peak travel time of Lunar New Year holidays.

HCMC struggles to meet social housing targets

HCMC finds it extremely challenging to achieve its social housing target for the 2021-2025 period, with only 3.3% of the projects completed to date, well below the goal set by the Prime Minister.

Vietnam car market still sees sluggish sales as Tet nears

The domestic auto market in Vietnam is experiencing a decline in car sales due to sluggish customer demand compared to previous years, despite price reductions and promotions offered by car manufacturers during the peak shopping season.

Vietnam shows strong political commitment to maximising green energy transition

Green transition in the energy sector is a key trend in the world and is one of Vietnam’s current top priorities.

Digital transformation expected to renovate property market

Applying information technology in the real estate sector is a major trend, helping to easily connect parties in need with product and service providers, and changing the path of the Vietnamese property market, according to experts.

VCCI says limitation on loan costs harmful to businesses

The regulation on capping enterprises’ loan costs that are considered lawful expenses when defining taxable income has hindered the development of businesses, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Binh Dinh-South Korea flights to be resumed

Direct flights between the southern central province of Binh Dinh and South Korea will be reopened following a four-year suspension.

Hanoi to build second airport in 2040

Hanoi has approved the planning of a second airport with the construction expected to be started in 2040 and completed in 2050.

Fine art ceramic exports in November hit highest level

Vietnam’s fine art ceramic exports in November reached the highest level over the past year with US$18.0 million, representing an increase of 30.9% from the previous month, according to figures given by the General Department of Vietnam Customs.

Ministries, localities urged to roll out measures to increase foreign investment

Deputy Prime Minister Tran Luu Quang has asked ministries, sectors and localities to promptly implement solutions to strengthen foreign investment attraction, according to a document released by the Government Office.

Street-front shops see fewer customers as livestreams sell counterfeit goods

Hanoi's Ninh Hiep Market, known as a ‘metropolis’ of products that have unclear origin, is experiencing gloomy days because of a lack of customers. But livestream sessions can close thousands of sales each day.