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Moving from ‘agricultural production’ to an ‘agricultural economy’

Vietnam has changed its mindset from ‘agricultural production’ to an ‘agricultural economy’ with an aim to create a highly competitive merchandise-producing agriculture, National Assembly deputies said at the ongoing National Assembly session.

New laws needed to thaw frozen real estate market

Amendments to laws or a well-designed resolution that would motivate executive bodies and officers to "dare to think and dare to do", and protect them from imprisonment will help defrost the real estate market.

Bamboo village strives to recover traditional handicraft

Bao La Village in the central province of Thừa Thiên Huê is striving hard to protect and preserve the traditional handicraft of bamboo weaving.

SOS: children face cyberbullying, but parents don’t know what to do

While cyber bullying is becoming more common at schools, students are finding it difficult to seek support from teachers or their parents.

Billionaires from East Europe operating in major business fields in Vietnam

Most Vietnamese businesspeople who started businesses in East European countries after finishing studies there returned to Vietnam to do business in their fields.

Five major firms in oil and gas industry make huge profits

Five big oil and gas firms have reported huge profits which have exceeded the yearly targets.

Quang Phu Cau: where tradition meets fragrance in Hanoi

Quang Phu Cau incense village in Ung Hia District, renowned for its incense sticks and incense production, has become a beacon for those seeking an olfactory journey into Vietnam’s cultural heritage.

VN’s rice price climbs to historic peak, but exporters report drop in profits

Vietnam’s five percent broken rice export price has soared to $653 per ton, but despite the big volume of exports and price increases, large exporters have seen profits decrease.

Localities want more waste-to-electricity projects

The total waste-to-electricity capacity planned by the Ministry of Industry and Trade (MOIT) is small compared with the demand and capability of Vietnam.

From the Party Chief’s directions about Vietnamese businesspeople

The Politburo’s Resolution 41 on building and promoting the role of Vietnamese businesses in the new era, issued October 10, 2023, shows timely directions and orientations for the development of businesses.

US interest rate stops rising, foreign capital expected to stay in Vietnam

The US FED has decided to stop interest rate increases, following a temperate monetary policy which aims at preparing a soft landing for the economy.

Trillion-VND club: real estate firms lead, banks account for half of members

Vinhomes has seen its profit decrease but it still leads the ‘trillion-VND club’, or the group of businesses with more than VND1 trillion worth of profits. Hoa Phat steel mill and Binh Son refinery has had the most outstanding growth among the group.

Vietnam needs to remove barriers to pave way for gaming industry

The Ministry of Information and Communications (MIC) plans to establish a ‘Game Hub’ to connect game makers and will organize short- and long-term training courses as part of a gaming industry development strategy.

The concerns of State President Vo Van Thuong

Discussing socio-economic conditions in 2023 at the ongoing National Assembly session, State President Vo Van Thuong said there are many policies which people have put high hopes on, but implementation has been very slow.

Puppy slaughterhouse owner calls it a day

For the past seven years, business has been good – with Kieu Viet Hung earning between VND 50 and 60 million a month. But, making a living doing something most people find abhorrent, Hung was faced with a crisis of conscience.

Vietnam’s higher education: from blackboard and white chalk to digital lectures

Over the last 20 years, together with the traditional teaching model with blackboard and white chalk, a new university system has been developing – the digital university.

Masan’s president no longer dollar billionaire, assets drop

The stock assets of Nguyen Dang Quang, president of Masan Group, have fallen to below $1 billion. Several other billionaires have also lost billions of dong following the sharp falls of the VN-Index recently.

Vietnam's semiconductor chips' performance equal to 90% of foreign-made ones

FPT Semiconductor CEO Nguyen Vinh Quang says that Vietnam is capable of making chips with a performance equal to 90 percent and a production cost of 50-60 percent of foreign-made products.

Van Phuc Silk Village celebrates timeless craft

The silk produced in Van Phuc is famous for its exceptional quality, unique colors, and traditional floral pattern designs.

How did Trinh Van Quyet become a billionaire?

Trinh Van Quyet, before being arrested for suspicion of stock market manipulation, became the richest Vietnamese businessperson after ROS shares rose from nearly zero to hundreds of thousands of dong per share.