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NA approves using State budget for three expy sections

HCMC – The National Assembly (NA), this morning, June 19, approved changing the funding model of three sections of the North-South Expressway project—Vinh Hao-Phan...

HCMC hotels suffer despite big discounts

HCMC – Despite the modest number of domestic guests and discounts of 30%-40% or higher on offer, hotels in HCMC are still unable to...

NA approves 30% income tax cut for firms in 2020

HCMC – The National Assembly (NA) passed a resolution offering a 30% corporate income tax cut in 2020 for enterprises that earn less than...

Vietnam discusses reopening air routes with China, South Korea, Japan

HCMC – After controlling the Covid-19 pandemic, Vietnam is now discussing a step-by-step approach to reopening air routes with countries such as China, South...

Some 1,000 Chinese workers to arrive in Quang Ngai

HCMC – The railway sector will arrange multiple trains to transport some 1,000 Chinese experts and employees to Quang Ngai Province this month upon...

BOT toll stations sans ETC systems must stop operations from Dec 31

HCMC – Issuing a decision on non-stop fee collection on June 17, the Government ordered all build-operate-transfer (BOT) toll stations on which electronic toll...

Banks see abundant capital amid low credit demand

HCMC – Local banks have seen ample capital as the economy posted a low credit demand given the impact of the coronavirus pandemic, Nguoi...

NA excludes household businesses from Enterprise Law

HCMC – The National Assembly (NA) approved the revised Enterprise Law at its ongoing ninth sitting this morning, June 17, which excludes household businesses. Household...

Japan, UNDP help households in southern Vietnam to fight Covid-19

HCMC – The United Nations Development Program (UNDP) and the Embassy of Japan in Hanoi announced the provision of basic support including 1,300 packages...

Saigon Railway offers 4,600 tickets at 50% discount

HCMC – Saigon Railway Transport JSC (SRT) has rolled out a huge rail travel stimulus package with up to 4,600 train tickets discounted by...

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