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On April 1, 2025, Minister of Industry and Trade Nguyen Hong Dien chaired a pivotal meeting shortly after his US trip as the Prime Minister’s Special Envoy. The agenda focused on drafting a decree on strategic trade control, and the minister’s leadership accelerated its publication on the ministry’s website and the government’s e-portal for public feedback. This swift action showcases the trade policy enforcement agency’s efficiency and underscores Vietnam’s strategic vision, proactive spirit, and international responsibility amidst a shifting global trade order. Minister Nguyen Hong Dien chairs the meeting on the draft decree – Photo: PV Urgent and Necessary Action Minister Dien emphasized the urgency of this decree, stating, “As Vietnam forges ahead with building a modern, sustainable, and highly competitive economy, this decree is of paramount importance.” With global supply chains in flux and high-tech investments surging in Vietnam across sectors, a legal framework ...

In today’s digital era, Vietnam recognizes the pivotal role of science, technology, innovation, and digital transformation as key drivers of its economic growth and national advancement. The Politburo’s Resolution No.57-NQ/TW, issued on December 22, 2024, underscores this by emphasizing these areas as “top priority breakthroughs” for the nation’s new growth model. At a recent workshop on the capital market’s role in fostering Vietnamese tech firms, Minh highlighted the importance of a robust capital market in nurturing innovation among technology businesses. Leading economies such as the US, China, and Singapore have successfully developed their capital markets to enable startups to secure funding through Initial Public Offerings (IPOs), thus creating “unicorns” – startups valued at over 1 billion USD. Despite Vietnam’s vibrant startup ecosystem, the emergence of “unicorns” has been relatively scarce. As of 2021, Vietnam was home to four tech unicorns: VNG, MoMo, VNLife (VNPay), and...

Vietnam International Trade Fair (Vietnam Expo 2023) introducing exports, high-quality goods and products under the One Commune One Product (OCOP) program, is expected to welcome over 20,000 domestic and foreign visitors.  Vietnam Expo 2023 will take place at Hanoi International Center for Exhibition. Photo: Khac Kien/ The Hanoi Times The 32nd Vietnam Expo 2023 will draw the participation of more than 500 Vietnamese and international businesses from 16 countries and territories. With a scale of 600 booths, the fair is divided into five key areas: the international pavilion, Vietnam value and export, machinery and supporting industries, digital technology and e-commerce, and the food industry. The Hanoi pavilion with the theme “Invest in Hanoi”, held by the Hanoi Center for Investment, Trade and Tourism Promotion (HPA), will cover two exhibition spaces, “Export Promotion” and “Investment Promotion” displaying the city’s key commodity groups, including...

Vietnam’s First Banh mi (bread) Festival, aimed at celebrating the values of banh mi in Vietnamese cuisine, has left a great impression on visitors during the four-day event that ended today [April 2]. With 120 pavilions set up by bakeries, restaurants, and leading food suppliers, the festival held in the southern economic hub of Ho Chi Minh City drew a large crowd. The festival showcases a variety of bread loads made in different shapes and flavors regardless of traditional and inventive ingredients with the goal of promoting the virtues of banh mi to foreigners. Visitors can experience firsthand the steps involved in making bread and sample bread made with a variety of ingredients and flavors. Some typical kinds at the festival are Banh mi thit nuong based Hanoi (bread filled with baked meat), Banh mi xiu mai based Dalat (bread filled with ground pork meatballs), Banh mi pha lau from Ho Chi Minh City (bread with braised pork meat and offal), Banh mi ep from Thua Thien-Hue...

French composer Georges Bizet wrote Carmen in 1875, but as an opera. Then in 1967, Cuban choreographer Alberto Alonzo created a ballet suite based in part on Bizet’s music, but more specifically on music by Russian composer Rodion Shchedrin.  Instead of interpreting the content of the original opera, Shcerdrin famously referred to his bold work as more than an arrangement, rather “a creative meeting of the minds”. In particular, the familiar tunes of the opera have been vividly transformed through the arrangement of strings and percussion. The original ballet was not appreciated for its use of distinct styles to tell an already familiar story. It was not until more than 50 years later that the ballet continued to be performed around the world. People’s Artist Kim Quy brings the world-famous ballet to the stage in Ho Chi Minh City with artist Nguyen Thu Trang playing the role of Carmen, Ho Phi Diep as Don Jose, and Dang Minh Hien as the toreador Escamillo. Togethe...