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Tag: VIETNAM


Transactions of over 400 million VND must be reported to the SBV

All transactions worth in excess of 400 million VND (16,520 USD) must be reported to the State Bank of Vietnam (SBV) from December 1, 2023, under Decision No 11/2023/QD-TTg issued by the Prime Minister on April 27, 2023.

Mobile Money service pilot extended to late 2024

On November 18, the Government issued a resolution regarding the extension of the pilot use of telecom payment accounts for small-value goods and services (known as Mobile Money) until December 31, 2024.

FDI inflows surge 14.8% year-to-date

Registered foreign direct investment (FDI) capital in Vietnam this year stood at almost 29 billion USD as of November 20, up nearly 15% compared to the same period last year.

Vietnam-United Arab Emirates cooperative ties

Prime Minister Pham Minh Chinh will attend the 28th UN Climate Change Conference of the Parties (COP28) and have several bilateral activities in the UAE on December 1 and 2. The visit was made at the invitation of the UAE Government.

Vietnam, Türkiye promote cooperative relations

Prime Minister Pham Minh Chinh, his spouse, and a high-ranking Vietnamese delegation pay an official visit to Türkiye from November 29-30 at the invitation of the Turkish Government. The visit is important in consolidating political trust and improving the effectiveness of multi-faceted cooperation between the two countries.

Vietnam striving for vegetable exports worth 1-1.5 bln USD by 2030

Vietnam is working to develop safe, concentrated vegetable production areas to ensure traceability associated with processing and consumption markets by 2030 to fully meet domestic consumption and exports.

Vietnam-Japan Extensive Strategic Partnership

State President Vo Van Thuong and his spouse are paying an official visit to Japan from November 27 - 30 at the invitation of the Japanese State.

Vietnam heritage: Where precious values of the nation and the world are preserved

Since 2005, November 23 has been celebrated as “Vietnam Cultural Heritage Day”, with the purpose of promoting traditions and a sense of responsibility about protecting and promoting the country’s cultural heritage values.

Da Nang among 11 best places to go in Asia in 2024

The world-renowned travel magazine Condé Nast Traveller has announced the best destinations to visit around the world in 2024. In the list of Asian destinations, Da Nang was the only representative of Vietnam to make it to the top, alongside famous destinations such as Chinatown in Bangkok (Thailand), the Kathmandu Valley (Nepal), the Silk Road in Uzbekistan, Singapore, Mongolia, and Sri Lanka.

Vietnam posts trade surplus of over 24.6 billion USD

Vietnam’s trade surplus hit a record 24.61 billion USD in the first 10 months of this year, 2.6-fold higher than the surplus of 9.56 billion USD posted in the same period of 2022.

Vietnam-Norway relations thrive

In the more than 50 years since the establishment of diplomatic relations (1971-2023), Vietnam - Norway relations have thrived in a host of different fields.

First batch of bird’s nest products exported to China

China’s official permission for bird’s nest products from Vietnam to be exported to the country will create significant opportunities for the local bird’s nest farming industry and the production and processing of bird’s nests in Vietnam.

Three Vietnamese cities among world’s fastest-growing digital nomad hubs

The three Vietnamese cities of Hanoi, Da Nang, and Ho Chi Minh City have been listed among the top 10 fastest-growing “digital nomad” destinations in the world by Outlook Traveler Magazine, for their beautiful scenery, stable internet speeds, and especially cheap prices.

Vietnam post-COVID-19: Macro-economy stable, major balances guaranteed

Vietnam’s economy has steadily regained its growth momentum following the COVID-19 pandemic. Its growth rate, though short of expectations, remains at the top among developing and emerging countries, with GDP in 2023 estimated at some 435 billion USD.

Vietnam’s economic performance in the first 10 months of 2023

In the first 10 months of this year, Vietnam’s average consumer price index (CPI) increased 3.2 percent, foreign direct investment rose 14.7 percent, a trade surplus of 24.61 billion USD was recorded, and international visitors increased 4.2-fold compared to the same period of 2022.

Ha Long Bay listed among 51 most beautiful places in the world

Thanks to its unique natural beauty, Vietnam’s Ha Long Bay was listed among the 51 most beautiful destinations in the world by luxury and lifestyle travel magazine Condé Nast Traveler in October.