Vietnam Faces Pressure from Foreign Companies Foreign companies, including tech giants Samsung Electronics and LG Electronics, are urging Vietnam to implement a multi-million-dollar reform to compensate for higher levies they will face starting next year. The call for reform comes as part of a global overhaul of tax rules led…
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News
Authorities in Vietnam’s capital city of Hanoi are taking measures to conserve energy as the country faces scorching temperatures and surging electricity demand. The record-breaking heatwave has prompted concerns about the strain it places on the national power grid, leading to the decision to turn off street lights in some…
Export Strategy to Enhance Quality and Adapt to Changing Climate Vietnam, the world’s third-largest rice exporter, has outlined its plan to reduce rice exports from 7.1 million tonnes in 2021 to 4 million tonnes per year by 2030, according to a government document. The strategy aims to prioritize the export…
LATEST HEADLINE
Noodle Vendor Sentenced to Prison for Mocking Government Official in Viral ‘Salt Bae’ Parody Video
By Nitish Verma
A Vietnamese noodle vendor, known for imitating celebrity chef “Salt Bae” in a video allegedly mocking a top government official, has been sentenced to five and a half years in prison on charges of anti-state propaganda. The conviction reflects the government’s ongoing efforts to suppress dissenting voices critical of the ruling Vietnamese Communist Party, according to human rights groups. The Viral Video and Arrest The incident began when a video…
Alleged Assault and Severe Injuries In the Central Highlands town of Da Lat, a shocking incident of child abuse has led to the arrest of a local man. The three-month-old baby girl suffered extensive injuries, including damage to her skull, allegedly inflicted by the suspect. The police are investigating the case and have taken the man into custody. Hospital Alert and Immediate Action On Saturday night, the unconscious baby with…
Vietnam’s Messages on Peace, Stability, and Development Vietnamese Prime Minister Pham Minh Chinh addressed the G7 Summit held in Hiroshima, Japan, emphasizing the importance of resolving conflicts through dialogue and finding long-term solutions. Under the session “Towards a peaceful, stable, and prosperous world,” Chinh conveyed Vietnam’s messages on peace, stability, and the development of global and regional cooperation. The Prime Minister reaffirmed Vietnam’s commitment to contributing to peace, respecting sovereignty…
Tragic Car Accident: Details of the Accident Chinese authorities reported a devastating car accident near the Vietnam-China border, resulting in the loss of eleven lives. The incident occurred when a seven-seat car plunged off a cliff and into a lake in the mountainous area of Siming Village. The vehicle was carrying twice the permitted number of passengers, leading to the tragic outcome. Victims’ Nationalities and Survivors Among the deceased, nine individuals possessed Vietnamese identification papers, indicating their nationality. Only three…
Government’s Move to Attract More Foreigners for Tourism and Business Opportunities The Vietnamese Government has announced the extension of e-visa validity from 30 days to 90 days, signaling an open-door policy to attract a higher number of foreign visitors to Vietnam. The extended validity period aims to not only promote tourism but also create opportunities for investment and business, thereby driving the country’s socio-economic development. In response to the National Assembly’s request for specific justifications regarding the proposal, the Government…
Transforming Carbon Credits: Vietnam’s Ambitious Plan for Carbon Neutrality by 2050 Vietnam is set to launch its first carbon dioxide emissions trading market in 2028, aiming to facilitate the exchange of carbon credits between local and international markets, as reported by local sources on Tuesday. The Ministry of Natural Resources and Environment has proposed a comprehensive plan to develop regulations for carbon credit management and the exchange of greenhouse gas emission quotas. This process is expected to be completed by…
Everton Decline Permanent Option for Conor Coady Everton Football Club has made the decision not to exercise a £4.5m option that would have secured defender Conor Coady’s permanent transfer from Wolverhampton Wanderers. Coady’s Season at Everton During his season-long loan at Everton, the 30-year-old Coady showcased his skills in 25 appearances and netted two goals. His contributions on the field were notable, particularly in Everton’s crucial 1-0 victory over Bournemouth on the final day of the season, which secured their…
Calls for Policy Rate Cuts to Address Economic Slowdown: Vietnam’s central bank is contemplating additional policy rate cuts as a measure to bolster the country’s sluggish economy. Governor Nguyen Thi Hong stated that if feasible, they would lower the policy rates during a conference on Thursday, with her remarks broadcasted by state television the following day. This discussion comes shortly after lawmakers also called for rate reductions to address the economic challenges facing Vietnam. Governor’s Remarks on Lowering Policy Rates…
Tech giant Apple announced on Friday that it would launch its first online store in Vietnam on May 18. This move is part of Apple’s strategy to tap into emerging markets and drive growth amid slowing sales in China. The company recently opened its first physical stores in India, located in Mumbai and Delhi. Apple’s CEO, Tim Cook, has been pushing for increased expansion in emerging markets, where there are younger populations and relatively few iPhones in circulation. Expansion into…
Vietnam has recently recorded its highest-ever temperature of 44.1 °C, breaking the previous record of 43.4 °C set four years ago. The new record was set in the northern province of Thanh Hoa, where officials advised people to stay indoors during the hottest times of the day. Climate experts warn that the intensity of the heat is breaking previous records and will be repeated many times, given the context of climate change and global warming. The situation is similar in…
Details of the Dung Quat oil refinery expansion project The Vietnamese government has approved a $1.2-billion upgrade and expansion of the Dung Quat oil refinery. The project will increase the refinery’s capacity from 148,000 barrels per day to 171,000 barrels per day and will utilize 10.6 hectares of existing land within the plant while acquiring an additional 41 hectares. The government will invest $503 million (VND 12.5 trillion) in equity, while the remainder will be financed through borrowing. The expansion…