HCMC hosts Vietnam’s first banh mi festival
Your browser does not support the video tag. HCMC – The first banh mi festival in Vietnam is taking place in HCMC from March 30 to April 2 to promote banh mi, the world-famous Vietnamese bread.
Vietnam to reassert its position on the world coffee map
Vietnam is the world's second largest coffee exporter, but its impact on the world coffee market is not commensurate with its position, experts say.
Foreign ownership at some local banks may rise to 49%
HCMC – The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor of the SBV, the nation’s central bank, has sought the Government’s approval to amend Decree No. 01/2014/ND-CP on foreign investors’ maximum cap in
Foreign ownership at local banks may rise to 49%
HCMC – The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor of the SBV, the nation’s central bank, has sought the Government’s approval to amend Decree No. 01/2014/ND-CP on foreign investors’ maximum cap in
Vietnam’s Party leader has phone conversation with U.S. President
HCMC – Party General Secretary Nguyen Phu Trong spoke on the phone with U.S. President Joe Biden yesterday, March 29. The two sides expressed pleasure at having a chance to exchange views on the 10th anniversary of the Vietnam-U.S. comprehensive partnership. They spoke highly of the comprehensive
Dong Nai approves US$3-billion urban area project
HCMC – The government of Dong Nai Province has approved of a 293-hectare urban area project worth more than VND72 trillion (US$3 billion) in Pho Island in Hiep Hoa Commune, Bien Hoa City. Hiep Hoa urban area would have an estimated population of 31,600 residents and cover 293 hectares of land. Of
Vietnam posts over US$4 billion in trade surplus in Q1
HCMC – Vietnam’s export revenue in the first quarter of this year has inched down but the country has enjoyed a trade surplus of US$4.07 billion, according to the General Statistics Office. Between January and March, the country’s import-export value has totaled an estimated US$154.27 billion. Of
Global minimum tax rate to impact FDI firms in Vietnam
HCMC – At least 1,015 foreign direct investment (FDI) enterprises will be affected by the global minimum corporate tax when this policy comes into force early next year. The issue was raised at a talk on the global minimum corporate tax – prospects and challenges in FDI attraction in HCMC held on
Vietnam’s standard system to be harmonized with int’l standards
The National Standardization Strategy for 2030 has set a target for Vietnam’s harmonization ratio with international, regional and foreign standards to achieve at least 65% by 2025 and rise to 75% by 2030.
Britain expected to join Indo-Pacific trade pact this week
CPTPP deal is not yet final but an agreement in principle is due in the coming days, three people familiar with the negotiations tell POLITICO.
How Supporting Industries Can Benefit from Adding Vietnam to Their China+1 Strategy
China plus-one strategies that include Vietnam don’t have to be limited to larger multinationals. Small and medium enterprises in supporting industries can benefit too.
Tuna exporters aiming for smaller markets
Domestic tuna exporters are targeting promising small markets to get out of current difficulties amid economic fluctuations in big importing countries.