Vietnamese high-quality rice promoted in Hong Kong
A conference was held in Hong Kong (China) on April 19 to tighten relations between rice businesses from Vietnam and Hong Kong as well as promote Vietnamese high-quality rice in the market.
Inexplicable absence
The Government has proposed adding nearly 30 draft laws, ordinances, and resolutions to the law-making program in 2023 and 2024 but the list does not include draft laws that are more urgent. Amending the Corporate Income Tax Law (CIT Law) should be made a top priority as it should be aligned to
FDI attraction amidst global minimum tax policy
Foreign direct investment (FDI) has been rising strongly even though global economic uncertainties have negatively affected this capital flow. Many factors are taking a toll on FDI activity and Vietnam can hardly stay unscathed. The global FDI flow amounted to US$1,580 billion in 2021, up a
A sweet aroma hard to resist
Banh it la gai is a rustic dish of Binh Dinh Province but also a culinary and cultural specialty. Diners who taste the sticky rice cake can never forget its delicious and sweet taste. The sticky rice cake is typical in shape, color and taste. The cake is wrapped in green banana leaves and shaped
Where is the coffee market headed?
Vietnam and other major coffee-exporting nations are halfway through the 2022-2023 harvest season, but uncertainties are gripping the market. Some hope amid volatile markets The opposite price movements on the London and New York coffee exchanges are perhaps the biggest surprise. The price of
Toward sustainable tourism
Lam Dong Province’s success in agritourism has paved the way for other regions, including HCMC as Vietnam’s most populous city, to achieve sustainable development in the near future. Agritourism, a combination of three main elements of agriculture – farming, farmers, and rural areas – and tourism,
Ambitious targets amid challenges
While the business community is concerned about a fall in profit this year, the banking system still expects positive growth. Optimistic goals Despite accomplishing 55% of its plan for 2022 with pre-tax profit of over VND1.7 trillion, down 13% against 2021, ABBank has confidently set a pre-tax
Three corporations from Korea, Germany, and Japan committed to investing 3.7 billion USD in Vietnam
Three groups spoke with the Ministry of Planning and Investment about new investments and expansion this year at the Prime Minister Conference to Meet Foreign Investors, with a total investment capital of up to $3.7 billion.
LienVietPostBank ‘held’ more than 418 trillion dong of mortgage real estate
In 2022, LienVietPostBank's total pre-tax profit reached 5,689 billion VND, an increase of 54% compared to the same period in 2021. Currently, this bank owns more than 418 trillion VND of mortgage real estate, accounting for 68% of the total collateral value, 1.77 times higher than total
Digitalisation, innovation spur Vietnamese small businesses on expansion
Vietnamese small business owners overwhelmingly expect to grow in 2023, with a new survey showing they are the most confident in their local economy across the surveyed markets in the Asia-Pacific.
EU-invested expansion projects suspended over green energy standards
HCMC – Several EU investment projects in Vietnam have put their expansion plans on hold as the country does not meet green energy standards, heard at a conference between Prime Minister Pham Minh Chinh and foreign investors. The conference was chaired by PM Chinh at the Government Office this
HCMC opens City Hall to visitors on holiday
HCMC – The 110-plus-year-old City Hall, the office of the HCMC People’s Committee, will be opened to tourists for the first time during the upcoming holidays on April 30 and May 1. Visitors are required to register between April 22 and 26 with the HCMC Tourism Department to secure a slot on the