Nationwide ASF vaccine rollout set to start from this month
HCMC – The Ministry of Agriculture and Rural Development said that an African swine fever (ASF) vaccination campaign would be launched across Vietnam in February this year. The ministry made the announcement at a meeting held yesterday, January 31, which featured discussions to supervise the
Real estate sector’s debt hits VND1,200 trillion
HCMC – Outstanding loans in the real estate sector have topped VND1,200 trillion, according to the Ministry of Construction. As of December 31, 2022, the sector had owed nearly VND800 trillion to banks, while real estate bonds amounted to VND419 trillion. In 2022 alone, property firms took out
Demand for housing in Hanoi forecast to rise in 2023
Despite the high demand for housing, the transaction volume stays low due to the high prices compared to people’s average income.
Vicostone achieves the revenue of VND5,660 billion in 2022
In 2023, the company remains in its most determination state, proactively adapts to both difficulties and opportunities in this unpredictable context, and striving to complete the set goals.
Quang Ninh targets US$1 billion of FDI in 2023
HCMC – The northern province of Quang Ninh looks to attract at least US$1 billion in foreign direct investment (FDI) into industrial parks and economic zones this year. To realize the FDI attraction target, the province will focus on measures to woo investors from particular regions and markets;
Vietnam is 10th worldwide in remittance
Vietnam receives total US$19 billion worth of remittances in 2022, up 5.5% on-year.
UK imports from Vietnam in 2022 put at over US$6 billion
HCMC – United Kingdom (UK) imports from Vietnam amounted to US$6.06 billion last year, rising by 5.2% over 2021, according to the General Department of Vietnam Customs. Phones and phone parts were Vietnam’s biggest export earner to the UK, at US$1.13 billion, accounting for 18.7% of the total.
Ministry of Industry and Trade aims to stabilise petrol market
In 2022, Vietnam imported 8.87 million tonnes of petroleum, worth $8.97 billion, a sharp increase of 27.7 per cent year-on-year in volume and an increase of 118.5 per cent in value.
FDI inflows to Vietnam reach almost $1.7 billion in January
According to the General Statistics Office (GSO), Vietnam lured $1.69 billion in foreign direct investment (FDI) as of January 20 this year, a year-on-year decrease of 19.8 per cent.
Facebook, Google, Apple… declare and pay taxes 1,800 billion VND
On the first working day after 2023 Lunar New Year, foreign suppliers such as Facebook, Google, Apple... has declared and paid tax at 1,800 billion VND.
Work starts on Metro Line No.1 operation center
HCMC – The HCMC Management Authority for Urban Railways (MAUR) began work on the Metro Line No.1 operation and management building today, January 31. The VND46-billion building will be home to the headquarters of the HCMC Urban Railways No.1 Company Limited, the project’s operator. Covering 3,100
S.Korea is Vietnam’s biggest tourism source market in January
HCMC – South Korea became Vietnam’s biggest tourism source market in January, accounting for one-third of all international tourist arrivals. Among the 871,000 international tourists who came to Vietnam in January, South Korea accounted for 258,946. The U.S. came in second with 77,897 visitors,
Ministry wants feedback on quality-rice growing plan
CAN THO – The Mekong Delta will have annual output of 7.7 million tons of high-quality rice by 2030 under a plan by the Ministry of Agriculture and Rural Development (MARD) to zone one million hectares for quality rice cultivation. The ministry has asked the Mekong Delta provinces for feedback on
Energy Vietnam becomes major shareholder of SJE
HCMC – Energy Vietnam Investment JSC has purchased more than 6.8 million SJE shares of Song Da No.11 JSC, making the former the latter’s major shareholder starting from January 16 this year. After the transactions were done, Energy Vietnam’s ownership in SJE rose from 0% to 31.2%. In related news,
Some 400,000 workers needed in Q1
HCMC – Companies nationwide need to hire an additional 377,700 workers by the end of the first quarter of this year, according to the Ministry of Labor, Invalids and Social Affairs. Most processing export and industrial zones nationwide have resumed operations after the Tet holiday, while the
Buon Ma Thuot Coffee Festival slated for March
HCMC – The 8th Buon Ma Thuot Coffee Festival 2023 will take place in Buon Ma Thuot City in March, featuring many activities such as a coffee video contest, a light festival and musical theater performances. The “Buon Ma Thuot – Destination of coffee worldwide” festival will be held from March 10