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News

News

Fuel retailers seek Government assistance again

Do An -
HCMC - Fuel retailers are seeking assistance from the Government and the Ministry of Finance due to a significant reduction in commissions provided by...
Investment

Fresh FDI approvals soar 15% in Jan-Oct

Dat Thanh -
HCMC – Vietnam has seen a 15% increase in new foreign direct investment (FDI) approvals in the first 10 months of this year compared...
News

Chinese tourist arrivals in Khanh Hoa edge up

Do An -
HCMC – Tour operators have organized additional chartered flights from China’s major cities to Khanh Hoa Province, bringing more Chinese tourists to the south-central...
News

VCCI proposes applying VAT cut to all goods and services

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HCMC – The Vietnam Chamber of Commerce (VCCI) has proposed reducing value added tax (VAT) from 10% to 8% for all goods and services. The...
News

Vietnam’s aqua-product export target obtainable

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HCMC - Aqua-product exports in the fourth quarter this year are expected to reach US$2.4 billion, contributing to meeting the full-year target of US$9...
Financial Markets

Bank deposits surge to all-time high of VND6.43 quadrillion

Ngoc Nguyen -
HCMC - Deposits at commercial banks in the first eight months of this year soared by 9.68% against the end of 2022 to an all-time high...
Financial Markets

Problem banks need to be fixed swiftly: SAV

Dat Thanh -
HCMC – The long-delayed handling of four poor-performing banks could put the banking system at risk, said the State Audit of Vietnam (SAV) in...
News

Govt approves power line project to boost supply in north

Dat Thanh -
HCMC – The Government has approved a 500kV power transmission line project worth over VND3 trillion to bolster electricity supply in the country's northern...
News

Banks seek inclusion in VAT reduction plan

Dat Thanh -
HCMC - The Vietnam Banks Association has proposed a two-percentage-point reduction in value-added tax (VAT) for banks, citing the challenging economic conditions this year...
Infrastructure

EVN no longer major power producer

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HCMC – Vietnam Electricity Group (EVN) is no longer a major power producer in Vietnam as it has contributed only 11% of electricity directly...

Latest news

HCMC posts record Tet tourism revenue

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Cruise ship brings nearly 2,000 tourists to HCMC

Vietnam’s Tet tourism revenue surges on strong visitor growth

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