Regulations on auto localisation ratio to be revoked

Regulations on auto localisation ratio to be revoked

Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.
Bac Ninh IPs lure nearly 60 million USD in investment in July

Bac Ninh IPs lure nearly 60 million USD in investment in July

The total newly registered and adjusted investment capital that poured into the northern province of Bac Ninh’s industrial parks (IPs) in July hit 59.96 million USD. Of the sum, 36.41 million USD was foreign direct investment (FDI).
Digital transformation basic targets to 2025

Digital transformation basic targets to 2025

Vietnam has set basic targets in digital transformation to 2025, towards the development of digital government, digital economy, and digital society.
Singapore and Vietnam commit to further strong collaborations

Singapore and Vietnam commit to further strong collaborations

Vietnam and Singapore are actively working with each other to further cement bilateral ties. Singaporean Ambassador to Vietnam Jaya Ratnam talked with VIR’s Thanh Tung about how the cooperation has flourished.
Storm Mulan weakens into tropical depression

Storm Mulan weakens into tropical depression

Storm Mulan weakened into a tropical depression after entering the Gulf of Tonkin on August 10 night, according to the National Centre for Hydro-Meteorological Forecasting.
MoIT recommends unfinished wind, solar farms negotiate energy prices

MoIT recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects to enjoy the incentive price.
Vietnam's economic growth forecast at 7.5 pc in 2022: World Bank

Vietnam's economic growth forecast at 7.5 pc in 2022: World Bank

Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
Accuracy in SOE valuation must improve

Accuracy in SOE valuation must improve

It was essential to tackle bottlenecks in determining the corporate value of State-owned enterprises (SOEs) to ensure the accuracy of valuation and speed up the equitisation process, according to the Ministry of Finance.
Tightening management of virtual currencies to prevent money laundering: SBV

Tightening management of virtual currencies to prevent money laundering: SBV

The State Bank of Vietnam (SBV) has given timely instructions to banks in order to prevent risks and acts that take advantage of virtual currencies in transactions, Deputy Governor Dao Minh Tu has said.
Flight paths to be adjusted to avoid China’s military drill areas: CAAV

Flight paths to be adjusted to avoid China’s military drill areas: CAAV

Airlines of Vietnam will adjust their flight paths in the next few days to avoid the areas near Taiwan where China plans to hold military exercises, according to the Civil Aviation Authority of Vietnam (CAAV).
H&M to wind down operations in Russia

H&M to wind down operations in Russia

Swedish fashion retailer H&M said on Monday it had decided to wind down operations in Russia, after pausing all sales there in March following Moscow's invasion of Ukraine.
Russia fines Google $360 mn over Ukraine content

Russia fines Google $360 mn over Ukraine content

A Moscow court has fined Google 21 billion rubles ($360 million) for failing to remove content concerning Russia's military intervention in Ukraine, the nation's telecommunications regulator said Monday.
US magazine selects 10 best restaurants in Vietnam

US magazine selects 10 best restaurants in Vietnam

US magazine Travel + Leisure has made a list of 10 best restaurants in Vietnam based on votes by its readers.
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