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HCMC is set to carry out a comprehensive test run of Metro Line No. 1, which connects Ben Thanh Market and Suoi Tien Theme Park, starting August 31, according to the HCMC Management Authority for Urban Railways (MAUR).

Vietnam expects to attract more foreign direct investment from Western Europe and North America in the near future, said a representative of the Ministry of Planning and Investment.

The Airport Corporation of Vietnam (ACV), the investor of the Long Thanh International Airport project, has announced that a consortium led by Turkey’s IC ISTAS won the bid for the construction of the airport’s passenger terminal.

The rise in non-performing loans within the real estate sector has become a cause for alarm as the bad debt ratio escalated from 1.53% in the previous year to 2.47% during the first half of 2023.

Australian Minister for Foreign Affairs Penny Wong has announced AU$94.5 million in financial assistance for Vietnam to adapt to of climate change in the Mekong Delta.

Domestic gasoline prices continued to increase from 3:00 p.m. yesterday, August 21, according to an announcement jointly issued by the ministries of Industry-Trade and Finance.

Prime Minister Pham Minh Chinh has issued a directive urging the acceleration of public investment capital disbursement in the rest of this year.

The Ministry of Industry and Trade (MOIT) is urging relevant departments to explore opportunities for expanding export markets for Vietnamese rice.

The Civil Aviation Authority of Vietnam (CAAV) has released a list of local airports where foreigners can utilize e-visas for entry and exit from Vietnam.

Private banks have lowered interest rates for deposits with tenors of six months and beyond while state-run banks have kept their rates unchanged.

The government of HCMC has initiated plans to promote the “One Commune One Product” (OCOP) program and establish sustainable supply chains for local farm produce.

Vietnam has expressed its intention to establish a consulate general in Chongqing and trade promotion offices in Sichuan and Hainan.

Small- and medium-sized enterprises in Vietnam are almost too frail to weather difficulties, the Ministry of Planning and Investment said in a recent report.

Vietnamese automaker VinFast is poised to make its debut on the U.S. Nasdaq stock exchange on August 15, following the green light for its merger with a special purpose acquisition company.

Vietnam and Iran will boost multi-faceted cooperation, including in economy, investment, and cultural exchanges, heard a forum on policies and legislation to foster ties between the two nations on August 9.

Prime Minister Pham Minh Chinh has called on HCMC authorities to speed up work on Metro Line No. 1 so that it can commence commercial service in early 2024.

Tan Son Nhat International Airport has introduced an automated entry system (autogate) to facilitate the entry of travelers and speed up immigration procedures.

HCMC has called for companies from Oakland City in the U.S. to set up shop in the Saigon Hi-Tech Park (SHTP) for chip and semi-conductor production, along with new material technology.

Vietnam’s economy has grappled with mounting challenges due to global market uncertainties, declining exports, and credit crunch, said Prime Minister Pham Minh Chinh on August 5 at the Government meeting on the country’s socioeconomic performance in July.

The Airport Corporation of Vietnam (ACV), the investor of the Long Thanh International Airport project, has announced that a consortium led by Turkey’s IC ISTAS meets the technical requirements for the VND35-trillion bidding package for the airport’s passenger terminal construction.

SP Group, the energy supplier from Singapore, has joined forces with HCMC Power Corporation (EVNHCMC) to accelerate awareness and adoption of energy-efficient and sustainable energy solutions.

Vietnamese passengers can now use their level-2 electronic identification accounts in the VNeID mobile app for boarding domestic flights at all airports in the country.

Vietnam experienced a fifth successive monthly fall in manufacturing last month but the decline was the softest in five months.

Vietnam’s rice export prices have shot up sharply due to India’s rice export ban.

Vietnam and Singapore are planning to extend their cooperation in various fields for another 50 years following the 50th anniversary of the establishment of diplomatic relations between the two Southeast Asian nations.