The 21st international medical, hospital, and pharmaceutical exhibition – Vietnam Medipharm Expo 2023 opened on August 3 in Ho Chi Minh City with the participation of more than 400 businesses from 22 nations and territories. At the event (Photo: VNA) The exhibitors are showcasing healthcare products, food supplements, medical equipment, and hospital services in 450 booths. Speaking at the...

The Vietnam Trade Office in Canada has warned Vietnamese businesses about export scams by some individuals misrepresenting themselves as major Canadian companies. A garment factory in Vietnam (Photo: VNA) The office said aside from conducting verification and coordination with businesses to issue warnings and take prevention measures, it has also liaised with the trade division of the Canadian...

A wave of foreign businesses are coming to learn about potential real estate projects in Vietnam to carry out mergers and acquisitions (M&As), reported Dau tu (Vietnam Investment Review) newspaper. Gamuda Land is among foreign companies conducting many real estate M&As in HCM City. (Photo: baodautu.vn) Gamuda, a Malaysia-based property group, recently announced that its subsidiary Gamuda Land has...

Despite signs of transaction stagnation, apartment prices in several areas of some big cities like Hanoi and Ho Chi Minh City still increased during the second quarter of 2023, said the Ministry of Construction (MoC). Illustrative image (Photo: baodautu.vn) In Hanoi, although apartment prices were already high, they still went up compared to Q1. The projects with the strongest...

Vietnam’s stock market is witnessing the fastest and strongest recovery since the beginning of this year, as the VN-Index has surpassed the threshold of 1,200 points. Illustrative photo (Photo: VNA) Most stocks have risen significantly compared to the end of 2022, and the list of enterprises with a capitalisation over 10 billion USD expanded. At the end of...

A ceremony was held in Hanoi’s Yen Vien station on August 2 to welcome the first freight train on Shijiazhuang (China) – Yen Vien (Vietnam) railway route. At the event (Photo: VNA) Speaking at the event, Chairman of the Members' Council of the Vietnam Railway Corporation (VRC) Dang Sy Manh said the first international multimodal freight train from...

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has won the 2023 Asian Banking & Finance Award in the “Sustainability Initiative of the Year – Vietnam” category. At the event (Photo: HDBank) Asian Banking and Finance, a leading financial magazine founded in 2008, gives away the Wholesale Banking Awards and Retail Banking Awards annually to honour banks...

The Ministry of Transport has just submitted its proposal to Deputy Prime Minister Tran Hong Ha on incentives for electrical vehicle (EV) producers and users. A model of electric car by VinFast. (Photo: VNA) According to the ministry, Vietnam’s policies to encourage the use of EVs now only focus on battery EVs (BEVs) with incentives relating to special consumption...

The Vietnam Association of Realtors (VARS) has proposed allowing foreigners to purchase and own houses, including private houses and apartments, in Vietnam during the time they work in the country. Illustrative image (Photo: baodautu.vn) VARS said it is necessary to specify the minimum remaining working time at the time of purchase, and supplement conditions when foreigners purchase a...

Rice export curbs by some countries like India, Russia and the United Arab Emirates (UAE) will offer opportunities to both Vietnamese exporters and farmers, heard a regular press conference held by the Ministry of Agriculture and Rural Development (MARD) in Hanoi on August 1. Deputy Minister of Agriculture and Rural Development Phung Duc Tien speaks at the press...