Encouraging results were gained last year after Hanoi Mayor Tran Sy Thanh committed to revive the parks in the city.

Vietnam now has to import thousands of spare parts and components for domestic production, worth tens of thousands of billions of dollars each year. Annual automobile part imports alone are valued at $50-60 billion.

The Saigon Classic Car Club and a team of mechanics in Ho Chi Minh City recently helped a Swiss racer whose 91-year-old classic car broke down on the first day of a rally.

The year 2024 promises to be a remarkable year for Vietnamese football, with a roster of outstanding players expected to shine. Among them are five talented male players who were born in the year of the Dragon (2000).

Vietnam continued to see a fertility rate decrease in 2023. The low birth rate will cause consequences such as a rapid aging population and labor shortage. It will also affect social security.

Only a few large real estate firm reported profits for 2023, while most firms reported losses amid a stagnant property market.

The newly amended Law on Credit Institutions makes it difficult for banks to transfer real estate projects used as collateral for loans to settle debts.

There are many reasons people decide to pack their bags and move permanently to Vietnam.

Many real estate firms left the market, a number of leaders were sentenced to prison, and a major apartment fire occurred, causing a high death toll. These were the main sad stories of 2023.

Besides the Chinese, consumers from other countries have begun buying more durian. It is estimated that durian exports could bring $3.5 billion to Vietnam in 2024.

VietNamNet held a roundtable talk with officials and businessmen to discuss how to position Vietnam as a destination for beach tourism.

New thinking and new mentality will help Vietnam and its people have a better, more comprehensive and adequate approach. Vietnam AI Forum and the Vietnam AI Contest Award Ceremony 2023 took place in Hanoi January 24, 2024.

Expanding their customer base and diversifying products are among the solutions that Vietnamese textile and garment producers are applying to maintain their competiveness with new rivals.

Real estate and bank shares caught securities investors’ attention last week after the amended Land Law and the Law on Credit Institutions were approved by the National Assembly on January 18.

The prices of farm produce climbed to new high in 2023. Tens of thousands of durian farmers have become dong billionaires, while the incomes of rice and coffee farmers increased by twofold.

Reasonable policies on railway mechanical engineering localization could offer great opportunities to Vietnamese companies.

Ocean shipping rates and delivery delays are worrying Vietnamese enterprises. Some businesses have had to use air shipments to ensure that cargo can arrive on schedule.

Many Vietnamese billionaires have seen their assets decrease over the last two weeks despite good stock market performance. And Nguyen Dang Quang is no longer on Forbes’ list of dollar billionaires.

The tough year of 2023 is expected to be followed by positive signs of an economic recovery. Vicente Nguyen, CIO of AFC Vietnam Fund, talked with VietNamNet about economic prospects in 2024, and the advantages and problems in the economy.

Pham Minh Ton, the 46-year-old man in Nga An Commune, has successfully brought a variety of handmade products crafted from sedge to the international market, surpassing the traditional craft of mat weaving.