Workers at construction of the North – South Expressway project. — VNA/VNS Photo HÀ NỘI — Accelerated disbursement of public investment capital in late 2023 and its sustained momentum in 2024 will fuel strong growth for infrastructure construction companies. Public investment disbursement is in the final stretch. At the regular Government …
Read More »The 5th Maritime Silk Road International Arts Festival Kicks off
QUANZHOU, CHINA – Media OutReach Newswire – 11 December 2023 – The 5th Maritime Silk Road International Arts Festival kicked off in Quanzhou on the evening of December 8. The festival was hosted by the Ministry of Culture and Tourism and Fujian Provincial People’s Government, and organized by the Fujian …
Read More »Measures needed to help SMEs tap ASEAN market: seminar
Experts share information about ASEAN market at the “The ASEAN Market: From Initiative to Action” in HCM City on Friday. — VNS Photo Thu Ngân HCM CITY — More measures are needed to encourage and improve market access for domestic enterprises, especially small and medium-sized enterprises (SMEs) that account for …
Read More »91% of financial frauds in Vietnam linked to banking data breaches
Banking data was exploited in 91% of financial fraud cases reported this year in Vietnam, highlighting a critical need for enhanced transaction security among lenders and third-party platforms. The Ministry of Information and Communication identified that of the 15,900 reported financial fraud incidents, the vast majority implicated the banking system, …
Read More »Plastic companies experience a division in profit outcomes
Inside a factory of Bình Minh Plastic Joint Stock Company (BMP). BMP reported third quarter 2023 revenue reaching VNĐ926 billion, down 38 per cent. However, profit after tax exceeded VNĐ208 billion, an increase of more than 19 per cent. — Photo BMP HÀ NỘI — The plastic industry is currently …
Read More »Real estate prices up and down on Hanoi outskirts
Property prices that soared in some rural districts in Hanoi in July and August when mortgage interest rates dropped and construction of many roads began are now decreasing. Professional realtor Nguyen Van Tu bought a 200-sq.m semi-detached villa at The Phoenix Garden project in Dan Phuong District at a high …
Read More »Local car market still sees sluggish sales as Tết nears
A showroom of Hyundai An Khánh ịn Hà Nội. Car consumption in Việt Nam has experienced a deep decline this year, despite various efforts to stimulate sales. — Photo cafef.vn HÀ NỘI — The domestic auto market in Việt Nam is experiencing a decline in car sales due to sluggish …
Read More »Vietnam most appealing investment destination: US semiconductor industry
Vietnam is the most attractive destination for American chipmakers, John Neffeur, president of the country’s Semiconductor Industry Association, told Prime Minister Pham Minh Chinh. Accompanying him to the meeting Thursday with the PM were the heads of top American semiconductor firms, including Intel, Qualcomm, Ampere, ARM. “The U.S. semiconductor industry …
Read More »United States’s Nvidia set to discuss chip cooperation in Vietnam next week
U.S. chip giant Nvidia NVD will discuss cooperation deals on semiconductors with Vietnamese tech companies and authorities in a meeting on Monday in Hanoi, an invitation letter to participants seen by Reuters showed. The southeast Asian country, which is home to large chip assembling factories including Intel’s biggest globally, is …
Read More »Vietnam travel interests South Koreans, Americans most: Agoda
The frequency of international searches for Vietnam inbound tourism this year has increased nearly 300% year-on-year, with tourists from South Korea and the U.S. showing the most interest. Japan ranked third on the list of five countries with biggest interest in Vietnamese inbound travel, followed by Thailand and Singapore, according …
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