70 Michelin-honored Vietnamese restaurants and eateries in 2023 (Part 3)
Many restaurants in Ho Chi Minh City have been honoured by Michelin with special favour for pho dishes.
Korean enterprises pour 1.5 billion USD into investing in Hai Phong, Vietnam
Hai Phong leaders awarded investment certificates with a total capital of 230 million USD to Korean enterprises, opening an investment package of 1.5 billion USD.
'Real estate businesses in Vietnam are like people about to drown'
Real estate businesses simultaneously fell into a state of "suffocation" for a long time and were like people about to drown, according to VARS.
Itinerary 48 hours to discover Saigon
Saigon has always been known as the city that never sleeps, with buildings lit up through the night shimmering, fanciful and bustling street corners that are always busy. 48 hours is short, but it is enough to design a journey to discover many beauties of prosperous Saigon.
Explore Cua Dai Beach in Hoi An, Vietnam and good to know
Cua Dai Beach in Hoi An, Vietnam is approximately 5 km from east of Hoi An old city and 30 km from south of Da Nang. The beach is famous for fine white sand, blue water and small waves. In the sunlight, the sea is beautiful. Resorts are built friendly with the environment. There aren't almost
E-commerce exports top $3.5B
Vietnamese businesses exported VND80.7 trillion (US$3.5 billion) worth of goods through e-commerce channels last year, up 7% from 2021, as small players raced to take advantage of online sales.
EU-Vietnam Food Processing M&As: The Time is Ripe
Vietnam’s food processing industry is currently struggling, and firms are looking to sell assets or even part of their companies to survive. Here’s what EU firms looking for opportunities in Asia should know about the current state of Vietnam’s food processing sector.
Deposits soar in Q1 despite interest rate cuts
HCMC – Individuals’ deposits at commercial banks in the first quarter of 2023 soared by around VND415 trillion, the highest level in over 10 years, despite lower interest rates, showed data from the State Bank of Vietnam (SBV). By the end of March, individuals’ deposits totaled VND6,280 trillion,
Vietnam’s fishery export may fall short of full-year goal
HCMC – The revenue target of US$10 billion for Vietnam’s fishery export may not be met as business conditions are expected to continue to worsen until the third quarter of the year. According to statistics from the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood shipments
Interest exemption proposed for late tax payments
HCMC – The Ministry of Finance has written to the National Assembly proposing issuing a resolution that would exempt loss-making businesses from interest on late payments of taxes, land use fees and land rentals in 2022 and 2023. If approved, the proposal could result in lost revenue of VND2.5
Auto imports plummet in May
HCMC – May saw Vietnam’s completely-built-up (CBU) automobile imports dipping a staggering 33.6% to US$191 million compared to April. General Department of Vietnam Customs data showed that the country imported 7,600 CBU units last month, down 38.3% against the previous month. Indonesia emerged as
EU extends safeguard measures on steel from Vietnam
The European Union has extended its safeguard measures on steel imports from a number of countries, including Vietnam, for another 12 months until the end of June 2024.