Housing prices in HCMC 32.5 times higher than average household income
HCMC – For individuals with middle and lower incomes, owning a home in a major city like HCMC is an unattainable dream, as housing prices are 32.5 times higher than the average income of a Vietnamese household. According to a report released by the Urban Land Institute (ULI), home prices in HCMC
Durian, coconut expected to join “1-billion-USD” club of exports
The export of durian and coconut is expected to hit 1 billion USD this year thanks to increasing demand from China, according to experts.
U.S. considers anti-dumping investigation of paper shopping bags imported from Vietnam
HCMC – The U.S. Department of Commerce (DOC) has received a request to initiate an anti-dumping investigation of paper shopping bags imported from Vietnam, said the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade. The Coalition for Fair Trade in Shopping Bags of the
Ammonium nitrate from Viet Nam escapes Australia’s anti-dumping subsidy duties
The Australia’s Anti-Dumping Commission (ADC) will not impose anti-subsidy duties on ammonium nitrate products imported from Viet Nam, according to the Vietnamese Ministry of Industry and Trade.
Gia Lai, Vietnam - Discovery Guide (P2)
As one of the pieces of the Central Highlands, Gia Lai has very dreamy scenes and also very majestic places.
FPT for the 11th time in the Top 50 best-listed companies
FPT Corporation has a net revenue of VND 44,009 billion, achieved many bright spots in growth, and was ranked in the Top 50 best-listed companies by Forbes Vietnam.
70 Michelin-honored Vietnamese restaurants and eateries in 2023 (Part 1)
Recently, Michelin has revealed 70 excellent and prestigious restaurants and eateries in Vietnam, including 32 representatives in Hanoi and 38 representatives in Ho Chi Minh City. The list includes popular names such as Cha Ca Anh Vu, Bun Cha Huong Lien (Bun Cha Obama), A Ban Mountain Dew or Pho
Northern Vietnam faces power blackouts
HCMC – Many parts of northern Vietnam are currently experiencing power outages due to a shortfall in electricity generation, reported the local media. Speaking at a press conference in Hanoi on June 7, Tran Viet Hoa, director of the Electricity Regulatory Authority of Vietnam, said that hot
VAT cut proposed for extension until late 2024
HCMC – A majority of National Assembly (NA) deputies have expressed their support for extending the value added tax (VAT) cut to boost demand and provide much-needed assistance to households and businesses at a time of economic hardships. According to the NA Office, deputies’ feedback on the VAT
Finance minister proposes social home prices require prior approval
HCMC – Finance Minister Ho Duc Phoc, speaking at the National Assembly (NA) session on June 5, emphasized the need for authorities to give prior approval of social home prices. Social housing projects are developed either by state agencies or companies. Minister Phoc suggested that if the projects
Tan Son Nhat to handle 24 million passengers in summer
HCMC – Tan Son Nhat International Airport in HCMC is looking to handle nearly 24 million passengers in the summer from June to August this year. The airport said in a statement that over 150,000 flights have been scheduled for this period, a 6.6% year-on-year increase. To ensure smooth operations,
HCMC set to start work on Beltway 3 in next 10 days
HCMC – The government of HCMC has approved a plan to commence work on the Beltway No. 3 section passing through the city on June 18. Local authorities have handed over 334.5 hectares of cleared land to the project, which accounts for 81.5% of the land required. The land handover is expected to be