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World’s largest container ship arrives in Ba Ria-Vung Tau

HCMC - OOCL Spain, one of the world’s largest container ships, arrived at Gemalink Port in the southern province of Ba Ria-Vung Tau for...

Foreign ownership at some local banks may rise to 49%

HCMC - The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor...

Vietnam’s Party leader has phone conversation with U.S. President

HCMC - Party General Secretary Nguyen Phu Trong spoke on the phone with U.S. President Joe Biden yesterday, March 29. The two sides expressed pleasure...

Dong Nai approves US$3-billion urban area project

HCMC – The government of Dong Nai Province has approved of a 293-hectare urban area project worth more than VND72 trillion (US$3 billion) in...

Global minimum tax rate to impact FDI firms in Vietnam

HCMC - At least 1,015 foreign direct investment (FDI) enterprises will be affected by the global minimum corporate tax when this policy comes into...

Vietnam’s GDP growth in Q1 lower than expected

HCMC – Vietnam’s gross domestic product (GDP) in the first quarter of 2023 has grown by 3.32% year-on-year, the second lowest growth rate since...

VND50,000 billion proposed for two expy projects

HCMC – The Gia Nghia-Chon Thanh Expressway project will cost some VND29,986 billion, whereas the investment of the Nam Dinh-Thai Binh Expressway project is...

S.Koreans come to Khanh Hoa on chartered flight

HCMC – The south-central province of Khanh Hoa yesterday, March 18, welcomed South Korean tourists on board a chartered flight operated by Vietravel Airlines. Flight...

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