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Toll-fee account to be upgraded to e-wallet

HCMC – The Ministry of Transport has authorized two electronic toll collection (ETC) service providers to transform their customers' toll-fee accounts into e-wallets for...

Transport ministry told to consider expanding southern expys

HCMC - The Government has urged the Ministry of Transport to consider proposals to develop the second phase of the HCMC-Trung Luong and Trung...

Vietnam’s public debt drops sharply

HCMC - Vietnam's public debt amounted to US$157 billion in 2021, or 43.1% of gross domestic product (GDP), lower than the 62.2% in 2016. Vietnam's...

Germany temporarily recognizes Vietnam’s new passport

HCMC – The German Embassy on August 22 announced it would temporarily recognize Vietnam’s new blue-violet passport provided that information about the holder's birthplace...

Foxconn to build US$300-million plant in Bac Giang

HCMC – Taiwan’s Hon Hai Technology Group (Foxconn) will invest US$300 million in the construction of a new factory in Bac Giang, expanding its...

HCMC-Trung Luong Expy expansion needed as traffic increases

HCMC – The Directorate of Roads of Vietnam has proposed widening the HCMC-Trung Luong Expressway due to the soaring vehicle traffic volume, which is...

Vehicle registration rule does not require ETC tags

HCMC – There is no prevailing regulation requiring vehicles to have an electronic toll collection (ETC) tag upon registration or periodical inspection, according to...

Outstanding debt issue challenges construction firms

HCMC - Enterprises voiced concerns that the outstanding debt issue, particularly in public investment projects, may push construction firms into bankruptcy. The warning was given...

Personal income tax collection almost hits year’s goal

HCMC – In the January-July period, the total personal income revenue topped VND106,385 billion, equivalent to 90.1% of the full-year goal. Personal income tax amount...

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