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UK’s carbon tax to affect Vietnam’s exports
Vietnamese export businesses need to prepare for the United Kingdom (UK)’s carbon border adjustment mechanism (CBAM), which will take effect from 2027.
Industrial parks to go green, adopt sustainable models: forum
Domestic, international industrial parks and related stakeholders shared experiences implementing smart industrial park models and proposed policy solutions to transition Vietnamese industrial parks from traditional models to smart and sustainable ones at the Vietnam Industrial Park Forum.
Three prosecuted for organising illegal migration to the US
Hanoi's People's Procuracy took legal action on December 20 against three individuals, Bui Thi Thanh, Nguyen Ngoc Tue, and Tran Van Hong, for aiding others in illegally fleeing abroad.
Vietnam's administrative restructuring will not impact foreign investors, says Foreign Ministry
Vietnam's ongoing efforts to streamline and restructure its administrative apparatus will not affect foreign investment procedures, as the core functions of state management remain unchanged, the Ministry of Foreign Affairs affirmed on December 20.
Vietnam National Symphony Orchestra to perform Christmas concert for charity
The Vietnam National Symphony Orchestra (VNSO) will perform two Christmas concerts in Hanoi on December 26 and 27 to raise funds for underprivileged children.
Exchange rate forecast not to be under high pressure at year-end
The USD/VND exchange rate is not forecast to be under great pressure at the end of this year, if the US Federal Reserve (Fed) continues to cut interest rates at its meeting this month, experts said.
Vietnamese tourists prefer domestic travel
Domestic travel remains a key driver of tourism recovery in Vietnam, a significant 49% of travellers prefer exploring domestic destinations, while 31% prefer to travel abroad.
Foreign investment in Vietnam's real estate surges
In the first 11 months of 2024, registered foreign direct investment (FDI) in Vietnam’s real estate sector surged by 89.1% year-on-year, reaching about US$5.63 billion, according to Avison Young Vietnam’s ‘Vietnam Real Estate 2024: A Year in Review’ report.
PM welcomes US aerospace, defence, security enterprises
Prime Minister Pham Minh Chinh received a delegation of aerospace, defence and security companies under the US-ASEAN Business Council (USABC) in Hanoi on December 18.
Construction industry expands at the highest rate since 2020: ministry
The construction industry is estimated to expand at around 7.8- 8.2% this year, the highest rate since 2020, according to a Ministry of Construction report.