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The rapid rise of cryptocurrencies and digital assets presents significant risks to investors and the broader market (Photo: baodautu.vn) Vietnam’s Ministry of Finance has proposed a pilot program for the issuance and trading of cryptocurrencies and digital assets, with a draft resolution submitted to the Government. The proposal includes a coordinated oversight mechanism involving key agencies such as the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam. Bui Hoang Hai, Vice Chairman of the State Securities Commission under the Ministry of Finance, revealed the information on March 20. He emphasized that the coordinated framework aims to closely monitor cryptocurrency exchange activities, mitigate risks, and ensure financial security. According to Hai, the rapid development of cryptocurrencies and digital assets poses substantial risks to investors and the wider market. As a result, the pilot will be conducted on a limited scale and under...

The seven-time world champion, who joined Ferrari with an already impressive record of 105 wins and 104 poles, added another remarkable feat to his name by smashing the Shanghai circuit lap record. He secured the top slot for the 100km sprint race on Saturday, leaving his fans thrilled. Friday’s sprint qualifying was a moment that justified the hype around the 40-year-old’s move to Ferrari. After a somewhat disappointing season-opener in Australia, where he qualified eighth and finished 10th, Hamilton’s performance in China was a strong statement. When asked about setting a new benchmark, even though sprint poles don’t officially count, Hamilton expressed his surprise and shock. His initial reaction over the team radio was one of disbelief, followed by laughter. Formula One F1 – Chinese Grand Prix – Shanghai International Circuit, Shanghai, China – March 21, 2025: Ferrari’s Lewis Hamilton during practice. Photo: Reuters “I’m honestly gobsmacked and taken aback by this,” Ha...

THE HANOI TIMES — With the looming rise in transaction fees on e-commerce platforms, regulators are facing calls to act and ensure the sustainable development of online markets, sellers, and buyers. A snapshot of the Shopee platform. Photo: Pham Hung/The Hanoi Times Shopee has revealed that from April 1, they will be increasing fees from 0.5% to 6% across various categories, with some even reaching 10%. Similarly, TikTok Shop will be raising its commission fees. Regular sellers will see an increase from an average of 3% to 4%, while those in the Shop Mall segment will face a rise from the current maximum of 4.54% – 5.78% to a new rate of 6.05% – 7.7%. On top of these fixed fee hikes, platforms are also reducing incentives and tightening support policies, further adding to the financial burden on sellers. According to a report by Metric, a research firm, the combined revenue of Vietnam’s top five e-commerce platforms (Shopee, Lazada, TikTok Shop, Tiki, and Sendo) grew by 37% y...

Every weekend, Nguyen Hoang Duong takes his family to Soc Son District, a suburb of Hanoi. There, his children can ride bicycles on the winding forest roads and admire the mountain scenery while he plays his favorite sport, golf. Duong believes that Hanoi has a lot of potential to develop sports tourism , with mountainous terrain, large rivers and lakes, and beautiful streets with unique heritage in the city center. However, this potential has not yet been tapped. Great potential for sports tourism Soc Son is a district in the outskirts of Hanoi with diverse terrain and beautiful scenery suitable for cycling, jogging, and climbing activities. Recently, a number of beautiful roads have been built for mountain biking, jogging, and racing, such as Dong Quan Lake-Keo Ca Lake-Thanh Giong Monument (11 km long), Soc Temple-Saint Giong Monument (5 km long), Dong Quan Lake-Soc Temple (8 km long), among others. West Lake in Hanoi is an ideal place for outdoor sports. Photo: Pham Hung/...

Nguyen Hoang Duong and his family often spend their weekends in Soc Son District, a suburb of Hanoi. They enjoy cycling on the scenic forest roads and taking in the mountain landscape, while Duong indulges in his favorite sport, golf. Duong believes that Hanoi has immense potential for sports tourism, with its picturesque mountainous regions, abundant rivers and lakes, and charming heritage streets in the city center. However, this potential remains largely untapped. Unlocking the potential for sports tourism Soc Son District, located on the outskirts of Hanoi, is known for its diverse terrain and captivating scenery, making it an ideal location for activities like cycling, jogging, and climbing. Recently, several roads have been constructed specifically for mountain biking, jogging, and races. These include routes such as Dong Quan Lake-Keo Ca Lake-Thanh Giong Monument (11 km long), Soc Temple-Saint Giong Monument (5 km long), and Dong Quan Lake-Soc Temple (8 km long). ...

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The show with the theme “Dating with a Kiss” is set to be organised in Sunset Town, a resort entertainment complex developed by Sun Group. This is the fifth time the group has worked with director Long Kan, the show’s producer, to introduce admirable fashion shows which also helps promote Vietnam’s tourism. A collection with a futuristic style by designer Chung Thanh Phong named “Kiss the Stars” will be staged at the show with multimedia technologies, amidst the majestic sea and sky, the combination of fire, water, light, laser, and music. On the second night of Fashion Voyage #5, the show stage is the Kiss Bridge – an architectural masterpiece, a symbol of the Vietnamese-Italian cultural interference. Dong Thi Ngoc Anh, deputy general director of Sun Group, said that after the Fashion Voyage, it is expected that many artists will come to Sunset Town in particular, and Phu Quoc in general, to seek inspiration and bring here special events, festivals, art programmes to spread t...

Photo: Vietnam.Vnanet.vn Currently, Hanoi Horse Riding Club is a very methodical and professional horse-riding school. This place is attracting many horse enthusiasts to participate and practice on a daily basis. Nguyen Thi Hoa Hop, chairwoman of the Hanoi Horse Riding Club, said that she knew about horseback riding many years ago. In 2011, she and her husband opened a horse riding club both to relax and to serve foreign guests. At first, most of the visitors to the club were foreigners, but after a period of operation, this sport became known to many Vietnamese people. Photo: Vietnam.Vnanet.vn Hanoi Horse Riding Club is currently offering two types of services, one is horse rental for riding and the other is a meeting place for members who own their own horses. The club currently has about thirty horses of different breeds, most of which are imported from Europe. The food of these horses must also be imported. If these horses eat normal grass or bran for a whi...

At the working session between PM Pham Minh Chinh and the US-ASEAN Business Council (USABC) delegation. Photo: VGP The PM made the affirmation at a recent working session with the US-ASEAN Business Council ( USABC ) delegation in Hanoi, which comprised leaders of over 50 leading US and world businesses like Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, Fedex Express, among others. PM Chinh affirmed that Vietnam always considers the US one of the top important partners, adding that the Vietnamese Government always stays ready to listen to the US firms to deal with difficulties in the spirit of harmonising benefits and sharing risks, VietnamPlus reported. Expressing his belief in Vietnam’s growth prospect in the future, USABC President and CEO Ted Osius said the US enterprises are committed to doing long-term business in Vietnam. US Ambassador to Vietnam Marc E. Knapper said it is the biggest-ever US business delegation to Vietnam, showin...

More Benefits for Employees The Vietnamese Ministry of Labor, Invalids and Social Affairs is collecting opinions from agencies, ministries, localities and people on the draft Law on Social Insurance (amended) from February 28 to April 30 before submitting to the Government and National Assembly. According to Deputy Minister Nguyen Ba Hoan, the amended Law on Social Insurance ensures people’s social security based on human rights in accordance with the Constitution and institutionalizing the contents of Resolution No. 28-NQ/TW dated May 23, 2018 issued in the 7th Conference of the 12th Central Committee of the Communist Party of Vietnam on reforming social insurance policies towards a diversified, flexible, multi-layered modern direction, international integration, and coverage for the entire workforce. Deputy Minister of Labor, War Invalids and Social Affairs Nguyen Ba Hoan speaks at a press conference on the draft Law on Social Insurance (amended). (Photo: Thoi Dai) “...

Renato Darsie (R), Chairman of the Italy – Vietnam Friendship Sub-Association in Veneto, presents the right to use the Vietnamese cultural centre to a representative of Vietnamese students in May 2022. Photo: VNA With multiple-year experiences, the Italy – Vietnam friendship sub-associations in regions of the European country can make practical contributions to the friendship and cooperation between the two countries by providing information on Vietnam to Italian people and businesses, said Renato Darsie, Chairman of the Italy – Vietnam Friendship Sub-Association in the Veneto region, in an interview granted to the Vietnam News Agency. He described the 50th anniversary of the diplomatic relationship (March 23, 1973 – 2023) as an important milestone marking the growing friendship and political, economic, and cultural ties between the two countries. Bilateral relations over the last 50 years are those of solidarity and friendship across the board as seen in the Italian peo...