Finance Ministry suggests taxing land and buildings separately
HCMC – The Ministry of Finance has proposed developing a new property tax law to separate the tax on land from that on buildings. Figures showed that tax collection from agriculture and non-agriculture land accounted for 0.24% of total state budget revenue and 0.03% of the country’s gross domestic
Interesting reactions of American tourists when eating special dishes “horror” hamsters
Many Vietnamese do not dare to eat rat meat for fear of being dirty and unhygienic. However, Brandon Hurley traveled all the way to Cao Lanh [...]
Lam Dong clears 97 hectares of illegal greenhouses, net houses
HCMC – The Central Highlands province of Lam Dong had cleared over 97 hectares among 118 hectares of illegally-built greenhouses and net houses by January 31, reaching 82.69% of the target, according to the Lam Dong People’s Committee. The clearance took place in Dalat City, and Don Duong, Di Linh
Ngoc Hoi station proposed for expansion
HCMC – Hanoi City has approved a proposal to expand the Ngoc Hoi station to integrate with the stations and depots of other railway routes, including the North-South high-speed railway. In a written document issued by the Hanoi People’s Committee to the Ministry of Planning and Investment, Hanoi
Foodtour Miss Ky Duyen enjoys one day in Hanoi
During a day of exploring Hanoi’s food tour, Miss Ky Duyen and supermodel Minh Trieu enjoyed a series of delicious dishes after Tet such as [...]
Thick flowers bloom all over Mu Cang Chai
YEN BAI – To Mu Cang Chai in the early days of the Year of the Rabbit, visitors will see the pink hillsides of forest peach [...]
Vietnam weighs electricity price hikes in 2023
HCMC – Vietnam is considering hiking electricity tariffs this year as the last adjustment took place almost four years ago while input costs of power generation have soared since. Deputy Minister of Industry and Trade Do Thang Hai said at a press conference yesterday, February 2, that the hike
Work starts on bridge linking Haiphong, Quang Ninh
HCMC – The government of Haiphong City yesterday, February 2, broke ground on a project to build the Lai Xuan Bridge, which will connect the northern port city with neighboring Quang Ninh Province, and widen Provincial Road 352. The Lai Xuan Bridge, which will be 840 meters long and 12 meters
Vietnam emerges as biggest ASEAN wood products exporter to Australia
HCMC – Vietnam became the biggest ASEAN exporter of wooden products to Australia in November 2022, with US$205.6 million, up 26.4% over the same period last year, according to the Agency of Foreign Trade under the Ministry of Industry and Trade. Australia has prioritized the import of wood frame
Steel prices soar three consecutive times in January
HCMC – Domestic steelmakers late last month announced to hike prices, the third spike of the month, reported the local media Domestic steelmakers adjusted up steel prices by VND300,000 – VND700,000 a ton on January 30 to over VND16 million a ton, but the new level is still over VND2 million lower
State Treasury to auction VND400 trillion G-bonds this year
HCMC – The Vietnam State Treasury (VST) has announced a plan to auction VND400 trillion worth of government bonds on the Hanoi Stock Exchange this year. It will raise VND108 trillion from sales of G-bonds with different maturities in the first quarter, including five-year and seven-year bonds
Labor market recovers after Tet
HCMC – Vietnam’s post-Tet labor market is seen recovering in the first quarter of this year, with a surge in hiring demand in labor-intensive industries such as footwear, apparel, manufacturing and services. Job placement centers in HCMC and Hanoi are striving to match job supply with demand. The