Việt Nam News

HCM City is set to enhance its logistics sector to become a key logistics hub in Southeast Asia by 2030, leveraging global supply chain opportunities.

Prime Minister Phạm Minh Chính received a delegation of the International Monetary Fund (IMF)'s 2024 Article IV Mission to Việt Nam led by its head Paulo Medas in Hà Nội on November 15.

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.

It took Dubai just exactly five years to build a 600-hectare city with 500 buildings worth US$20 billion, but with a maze of regulations like in Việt Nam, it might take 1,500 years, Minister of Planning and Investment Nguyễn Chí Dũng has said.

State President Lương Cường delivered a speech at the Asia-Pacific Economic Cooperation (APEC) Leaders' Informal Dialogue with Guests in Lima on November 15 (local time).

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector. 

FPT Techday 2024, an annual technology event, officially took place at Thiskyhall Sala Conference and Event Centre in Thu Duc City, Ho Chi Minh City, on November 13.

IHG Hotels & Resorts, a global leader in the hospitality industry, has unveiled ambitious plans to expand its presence in Việt Nam by increasing its portfolio from 16 hotels to over 40 properties, bringing its room count from approximately 4,800 to 12,000.

Vice President of Việt Nam National Real Estate Association (VNREA), Dr Lawyer Đoàn Văn Bình, who is also Founder and Chairman of the CEO Group, has officially introduced his book guiding foreigners on how to navigate the waters of the real estate market.

A recent Google report shows that Việt Nam could gain up to VNĐ1.89 trillion (US$79.3 billion) in economic benefits from AI by 2030, making up nearly 12 per cent of the country's GDP, if AI tools are widely adopted.

Businesses in the film industry have proposed a reduction in the value added tax (VAT) from current 5 per cent to 3 per cent in order to promote the development of the industry.

This shipment marks Hòa Bình Province's second export of processed agricultural products to the UK, and has a value exceeding VNĐ300 million (US$11,800).

Việt Nam Directorate of Market Surveillance said that prevention of smuggling, trade frauds and counterfeits will be enhanced in the months ahead of Tết (Lunar New Year) holidays to March 1, 2025.

IFC scaled up its long-term investment in Việt Nam with a strong focus on climate finance.

Only 22 per cent of organisations in Việt Nam are fully prepared to deploy and leverage AI-powered technologies, down from 27 per cent a year ago. This decline underscores the challenges companies face in adopting, deploying, and fully leveraging AI. Given the rapid market evolution and the significant impact AI is anticipated to have on business operations, this readiness gap is especially critical.

The Ministry of Information and Communications estimates that the digital economy accounted for 16.5 per cent of Việt Nam's GDP in 2023, with projections for 2024 rising to 18.6 per cent.

DOJI Group and Accor - a global hospitality leader - signed an agreement for the management of Sofitel Diamond Crown Hai Phong on November 14. This collaboration introduces the Sofitel brand and its signature French hospitality experience to Hai Phong City.

Generative AI applications are emerging as a key drive for differentiated connectivity - guaranteed uninterrupted high-end connectivity when you need it most - among 5G smartphone users globally, new Ericsson ConsumerLab research has revealed.