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
Over 100 restaurants named in Vietnam’s first Michelin Guide selection
HCMC – The inaugural edition of the world-renowned culinary collection, the Michelin Guide, in Vietnam was unveiled on June 6, featuring 103 restaurants in Hanoi and HCMC recommended by experts. Out of the total, four local restaurants were awarded one prestigious Michelin star each, acknowledging
Over 1,300GB of personal data illegally collected and traded
HCMC – The illegal trade of personal data has been widespread across the country in recent years, with the largest recorded data breach reaching nearly 1,300GB, according to the Ministry of Public Security. Personal data has been openly sold in large quantities in cyberspace for a while, and
ASEAN wants to expand RCEP membership
ASEAN Secretary-General Kao Kim Hourn has said the Association of Southeast Asian Nations (ASEAN) is striving to increase the membership of the Regional Comprehensive Economic Partnership (RCEP).
No handouts to big firms to offset global tax, OECD tells Vietnam
The Organisation for Economic Cooperation and Development told Vietnam last week that handouts to big firms to offset higher levies under a global overhaul of tax rules would be problematic, a person familiar with the discussions said
Vietnam exports high volume of products, but pockets low amount of money
Experts have warned that without thorough preparation for global integration, Vietnam will turn into a playing field for imports from all over the world
Vietnam’s first official-channel lychee shipment arrives in UK
The first official-channel shipment of Vietnamese lychee imported by the UK’s TT Meridian Ltd has arrived in the UK.
ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
ASEAN members have agreed to increase the use of local currency transactions and push for a better regional payment connectivity, in a move that could be seen as a continuing shift in de-dollarization in the region
Canada becomes fifth most important export market for Vietnamese goods
With a number of key export items recording a double-digit growth rate, Canada has become Vietnam’s fifth most important export market behind the United States, China, the Republic of Korea, and Japan, according to the General Department of Vietnam Customs.
CEPA Agreement: Leverage to promote Vietnam-UAE economy, trade
The formation of long-term cooperation frameworks such as Comprehensive economic partnership agreement (CEPA) between Vietnam and United Arab Emirates (UAE) will provide the necessary foundations for the two sides to promote future cooperation, a Vietnamese official has said.