Vietnamese passports up in global ranking
HCMC – Vietnamese passports have risen four places to 88th on the Henley Passport Index, which ranks the passport power based on the total number of visa-free or visa-on-arrival destinations available to holders worldwide. Vietnamese passport holders can now visit 55 countries and territories
HCMC to cut 51,000 public bus trips during Tet
HCMC – The HCMC Management Center of Public Transport has decided to reduce around 51,000 public bus trips from January 12 to 31 as a large number of commuters, mainly students and workers, had returned to their hometowns before the long Tet holiday. Le Hoan, deputy director of the center, said
Finance Ministry wants to stay away from fuel pricing role
HCMC – The Ministry of Finance (MOF) has written to the Ministry of Industry and Trade (MOIT), saying it does not want to carry the ball over fuel pricing regulation. In a draft decree amending Decree 95/2021 and Decree 83/2013 on fuel trading and pricing management, the MOIT proposed three
FLC vice chair seeks to resign as HAI board member
HCMC – Bui Hai Huyen, vice chairwoman of FLC Group JSC (FLC), wants to quit as board member at HAI Agrochem JSC (HAI), citing her personal reasons, according to an HAI announcement released yesterday, January 11. Her resignation request would be processed at an upcoming general meeting of HAI, an
Gov works on securities, housing market overhaul
HCMC – The Government is working toward stabilizing macroeconomic conditions, curbing inflation and spurring growth this year, with a focus on restructuring the securities and real estate markets. The prime minister issued Decree 01 on economic development plans, budget revenue estimates and
Industry minister checks troubleshooting at Nghi Son oil refinery
HCMC – Minister of Industry and Trade Nguyen Hong Dien visited the Nghi Son oil refinery in Thanh Hoa Province this morning, January 12, to get updates on the troubleshooting progress over technical issues affecting fuel supply before the Lunar New Year (Tet) holiday. Accompanying Dien were
Tan Cang Long Binh Inland Container Depot put into service
HCMC – The Ministry of Transport has announced to launch the first phase of the Tan Cang Long Binh Inland Container Depot covering 25 hectares in Bien Hoa City, Dong Nai Province. The Tan Cang Long Binh Inland Container Depot, developed by Tan Cang Long Binh ICD JSC, is located at 10 Phan Dang Luu
VND5 trillion to be spent on railway upgrade
HCMC – The Ministry of Transport will start work on five North-South express railway upgrade projects in the first quarter of this year, at a total cost of over VND5 trillion. The Vietnam Railway Authority under the ministry is in charge of deploying the five projects using the mid-term public
New apartment supply in Hanoi plunges to eight-year low
HCMC – Hanoi City saw new apartment supply tumbling to an eight-year low last year, but the average primary home price remained high, at about VND47 million per square meter, up 15% year-on-year, according to Savills Vietnam’s 2022 report. In 2022, a mere 12,640 new apartments were put up for sale
CAAV approves more flights for Tet
HCMC – The Civil Aviation Authority of Vietnam (CAAV) has approved an additional 28 flights each day, equivalent to 5,600 seats per day, to meet the huge air travel demand in the run up to the Lunar New Year (Tet) holiday which starts on January 22. There will be two flights per hour from 7 […]
Vietnam’s 2022 foreign trade expands 9.1% y-o-y
HCMC – Vietnam’s foreign trade in goods topped US$730 billion, up 9.1% year-on-year, with a trade surplus of US$12.4 billion, according to preliminary data released by the General Department of Vietnam Customs. Imports rose 7.8% over 2021 to US$358.9 billion while exports soared 10.5% over the
Foreign investments in Binh Duong rise sharply
HCMC – Foreign investment approvals in the southern province of Binh Duong have grown strongly between 2016 to 2022, with US$39.7 billion pledged for around 4,085 projects. On average, around US$9.7 million was committed to a foreign-invested project. Last year the province saw a surge of
Ben Tre launches smart agriculture project
HCMC – The People’s Committee of Ben Tre Province in the Mekong Delta, in collaboration with the International Fund for Agricultural Development (IFAD), kicked off a program on smart agricultural transformation worth US$27 million today, January 11. According to the Vietnam News Agency, the
Auto inspection slots can be booked online
HCMC – The HCMC Department of Transport has launched a website where vehicle owners in HCMC and seven neighboring provinces can book an auto inspection slot online. The website, aiming to save time and reduce congestion at overcrowded auto inspection centers, enables organizations, enterprises and
Vietjet to launch HCMC-Melbourne service in late March
HCMC – Local budget carrier Vietjet Air has announced a plan to launch a new air service connecting HCMC with the Australian city of Melbourne starting from March 31, with three weekly flights. The carrier is expected to increase the number of its flights on the route to seven from December 2024,
VNG Corporation has new chair
HCMC – VNG Corporation has announced Vo Sy Nhan is its new board chairman, with effect from January 1 this year, replacing Le Hong Minh who was earlier removed from the post. Vo Sy Nhan is among four independent board members being appointed at VNG’s 2022 extraordinary general meeting. Nhan serves