Khanh Hoa seeks to extend tourist submarine pilot
HCMC – Local authorities in the coastal province of Khanh Hoa have proposed the Ministry of Transport extend the pilot period of a tourist submarine service in Nha Trang Bay. The province has also suggested that the ministry complete the regulatory framework and conduct the pilot performance
BAEMIN introduces B2B mall to provide eco-friendly packaging
HCMC – BAEMIN Vietnam has signed a cooperation agreement with SERVEONE Vietnam, a supplier of safe, recycled packaging solutions, to launch the B2B Mall initiative to provide eco-friendly packaging products to merchant partners. The launch is part of BAEMIN’s sustainability commitment to help
State ownership of EVN still needed
HCMC – The Commission for the Management of State Capital at Enterprises (CMSC) has proposed Vietnam Electricity Group (EVN) continuing operating as a one-member limited liability company wholly-owned by the State, in its restructuring plan for EVN from 2021 to 2025 submitted to the Government.
Air services on Ca Mau-Hanoi route to be available in late April
HCMC – Commercial flights between Hanoi City and the Mekong Delta province of Ca Mau will be launched from April 30, with three weekly flights. The government of Ca Mau, the Civil Aviation Authority of Vietnam (CAAV), and local carrier Bamboo Airways yesterday, February 23, reached a consensus to
Ministry proposes steeper excise tax on tobacco, alcohol
HCMC – The Ministry of Finance has proposed slapping higher excise tax on unhealthy products such as cigarettes, beers and alcoholic beverages, and adding sugary drinks to the list as well. The ministry is seeking feedback on the proposal to work out the revised law on excise tax to stimulate
Japanese businesses keen on Mekong Delta
HCMC – Many Japanese businesses are seeking to launch operations in the Mekong Delta, with Vinh Long Province as a destination of priority, according to the Japan External Trade Organization (JETRO). The preference for Vinh Long is in response to growing construction costs and a scarcity of
Hoa Sen to pour VND81 billion into subsidiary in Yen Bai
HCMC – Hoa Sen Group has passed a plan to inject an additional VND81 billion into its Yen Bai Province-based real estate subsidiary Hoa Sen Yen Bai JSC. After the transaction, the subsidiary of the steelmaker, whose its HSG shares are traded on the Hochiminh Stock Exchange, will increase its
Health Ministry proposes addressing medical device shortage
HCMC – The Ministry of Health has reported to the Government many regulatory bottlenecks in purchasing medical devices and suggested ways to resolve the matter. This follows the severe shortage of medical materials and devices plaguing many hospitals nationwide, said the ministry today, February
HCMC to hold meeting between banks and businesses this month
HCMC – A conference connecting commercial banks and HCMC-based businesses is slated for February 28, said an official of the HCMC Branch of the State Bank of Vietnam (SBV). The conference is intended to find ways to facilitate access to credit, help businesses overcome hardships and spur the
Construction Ministry wants target for social homes reduced
HCMC – The Ministry of Construction has proposed the prime minister lower the target of building social homes for workers and low-income people to just over one million in 2021-2030. The budget for the plan would also be cut by VND280.5 trillion. The proposal received approval from most
ACV urged to speed up Dien Bien airport expansion
HCMC – The Ministry of Transport has written to the Airports Corporation of Vietnam (ACV) urging the latter to expedite work on the Dien Bien airport expansion project in Dien Bien Province. The units involved in the project have yet to enhance efforts to implement the airport expansion, leading
HCMC finds jobs for PouYuen’s laid-off employees
HCMC – The local authority has contacted 15 different businesses to find jobs for some 2,500 workers about to be laid off by PouYuen Vietnam this month, according to the HCMC Department of Labor, Invalids and Social Affairs. Some 15 businesses are prepared to offer around 3,200 similar jobs for
Kien Giang proposes investing VND25,643 billion in Ha Tien – Rach Gia Expy
HCMC – The Mekong Delta province of Kien Giang has written to the Government seeking approval for its Ha Tien-Rach Gia expressway project proposal. The proposed expressway, with the starting point intersecting with National Highway 80 and the endpoint connecting with Lo Te–Rach Soi expressway,
UK backs HCMC to become regional financial hub
HCMC – The United Kingdom (UK) Government has appointed TheCityUK, a financial and related professional services body, to support the HCMC authorities to develop the southern city into a regional financial and business center. TheCityUK will work with the UK Government and the British Embassy in
VND6.3 trillion to be disbursed for North-South expy this month
HCMC – The Ministry of Transport has announced it would disburse nearly VND6.3 trillion of public investment capital for the North-South Expressway project this month. The Government has tasked the Ministry of Transport with disbursing nearly VND94.2 trillion of public investment in 2023.
New border gate pair in An Giang put into service
HCMC – The Vinh Xuong-Kaorm Samnor international border gate pair linking Vietnam’s An Giang Province with the Cambodian province of Kandal has been put into operation. The two provinces jointly held a ceremony on February 23 to open the border gates, allowing for travel by road and waterway, the
