Special consumption tax on gasoline still in place
HCMC – The Ministry of Finance refused to lift the special consumption tax on gasoline at the second extraordinary meeting as the country fights climate change and commits to net zero emissions by 2050. The special consumption or excise tax is a government levy on specific goods and services whose
HCMC cuts land rent for Covid-affected individuals, organizations
HCMC – The HCMC Tax Department has announced rent cuts for land and water surfaces for those affected by the Covid-19 pandemic in compliance with a Government resolution. According to the HCMC Tax Department’s Notification No. 1465, rent reductions for land and water surfaces are applicable to the
Minimizing rental costs with multi-client warehouses
The logistics industry has expanded rapidly with double-digit growth in recent years and become essentially important to Vietnam’s social and economic development. In an interview with The Saigon Times, Mr. Le Thanh Vinh, general manager of Nhatviet Logistics, a logistics expert with 20 years of
Former police chief of Haiphong detained in tax evasion case
HCMC – The former director of the Haiphong City Police Department, Do Huu Ca, has been detained for alleged involvement of tax evasion and illegal trading of invoices that happened in Haiphong and neighboring Quang Ninh Province, the local media reported. The arrest was made yesterday (February
Vietnam, France to develop ties in all sectors
Vietnam and France have long-standing ties and deep connections in areas such as history, culture, education, politics and economy. In an interview with The Saigon Times, Emmanuelle Pavillon-Grosser, consul general of France in HCMC, talked about potentials and expectations for enhancing bilateral
Trap of cheap tourism
Restaurant owners fear the tourist city of Hoi An might stumble into the trap of low-cost tourism, reducing the value of the old town A businessperson operating an age-old restaurant on the bank of the Hoai River in Hoi An City recently said that Hoi An has been seeing many tourists from Hanoi,
Experience wild nature at Ben En National Park
Ben En is one of the ten national parks boasting the most magnificent natural landscape in Vietnam. The park also preserves a large number of rare and precious flora and fauna species, which are on the verge of extinction. Located in Nhu Xuan and Nhu Thanh districts, Ben En National Park is about
Love knows no borders
People talk about love all year round, but Valentine’s Day made its presence more vivid than ever in February. For this special occasion, The Saigon Times spoke with Aaron Solomon Lorenz (Aaron) from Michigan of the U.S. and Ai Chi My Nguyen (Chi) from HCMC, Vietnam about their journey together.
Wishing for prosperity and blessings
The Ky Yen Festival (Fortune Wishing Ceremony) is the biggest annual event held at the Phu Nhuan communal house from the 16th to the 18th of the first lunar month. The ceremony expresses devotion to gods and ancestors, wishing for prosperity and blessings. The festival starts on the first day with
Challenges surround garment enterprises
Textile and garment firms have been through a roller coaster ride, with profits going up in the first half of 2022 and nosediving during the second half. Financial problems plague apparel firms The textile and garment industry has steadily recovered from the impacts of the Covid-19 pandemic. It
Rice cake handed down across generations
The making of banh tet (a cylindrical glutinous rice cake) is a traditional craft handed down across generations. With its unique characteristics, color and flavor, banh tet in Dai An Khe Village has become a specialty of Quang Tri Province. The people of Dai An Khe are always proud of their banh
Focusing on quality or market demand?
There is an essential need to improve the quality of Vietnamese rice products. However, the rice industry should strive to satisfy market demand instead of just focusing on what it wants to do. The Ministry of Agriculture and Rural Development has sought feedback from the Mekong Delta authorities