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Transport Ministry urges air ticket price cut

HCMC – The Ministry of Transport has requested the Civil Aviation Authority of Vietnam (CAAV) and local air carriers to put air ticket price...

Public investment disbursement reaches 21% of annual plan

HCMC – Public investment capital disbursements have reached 21% of the full-year plan in the first five months of the year, according to the...

Electricity consumption hits record high

HCMC - The country’s daily electricity consumption reached one billion kWh on May 28, the highest level ever, said the Vietnam Electricity Group (EVN). Data...

MoF wants overseas travel ban on tax debtors strengthened

HCMC – The Ministry of Finance (MoF) has requested the local tax departments to intensify measures to prevent individuals and business representatives who have...

Railway tunnel repair delayed after another landslide

HCMC – Repair work on the Chi Thanh railway tunnel has been extended indefinitely following another landslide, delaying the resumption of normal railway services. The...

LNG power price cap set at nearly VND2,600 per kWh

HCMC – The Ministry of Industry and Trade has approved the electricity price framework for liquefied natural gas (LNG) power plants for 2024, setting...

WB to provide US$11 billion for Vietnam over five years

HCMC - The World Bank (WB) has proposed lending Vietnam over US$11 billion in the next five years to fund major projects, especially large-scale...

HCMC public capital disbursement remains slow

HCMC – HCMC had disbursed over VND6.55 trillion of public investment capital as of mid-May, reaching just 8.3% of its 2024 plan, according to...

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