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News

HCMC’s GRDP edges up 0.7% in Q1

Dat Thanh -
HCMC – HCMC’s gross regional domestic product (GRDP) expanded a mere 0.7% in the first quarter of this year, the lowest among five centrally-governed...
News

Vietjet Air set to launch Quang Ninh-Can Tho service late next month

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HCMC – Vietjet Air will launch an air link between Quang Ninh Province and Can Tho City from April 25, reported the local media. The...
Infrastructure

Military land to be handed over to Tan Son Nhat airport by end-June

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HCMC - Military Region 7 has accepted plans and mutual commitments on administrative procedures, financial support and the handover of all sites to the...
News

Loan rescheduling proposed for construction companies

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HCMC – The Saigon Association of Construction and Building Materials (SACA) has proposed the prime minister allow banks to reschedule loans owed by construction...
News

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

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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...
Financial Markets

Foreign ownership at some local banks may rise to 49%

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

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

Ngoc Nguyen -
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...
News

Dong Nai approves US$3-billion urban area project

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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...
News

Vietnam posts over US$4 billion in trade surplus in Q1

Ngoc Nguyen -
HCMC - Vietnam’s export revenue in the first quarter of this year has inched down but the country has enjoyed a trade surplus of...
Investment

Global minimum tax rate to impact FDI firms in Vietnam

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

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