Vietnam’s wood exporters to EU seen facing challenges
HCMC – Vietnam’s wood exporting firms will encounter challenges in shipping their products to the European Union (EU) market when the EU’s new regulations banning the import of agro-products linked to deforestation are approved in the coming time. The new regulations will require exporters of
Pedestrian-only streets set up around Ho Con Rua
HCMC – The streets around Ho Con Rua roundabout in in District 3, HCMC have become a pedestrian area on the weekend. The pedestrian streets are open from 18:00 to 22:00 on Saturdays and Sundays, starting January 8. The streets are aimed at developing the area into a public cultural space, meeting
Boosting Vietnam’s economic prospects through digitalization
HCMC – Vietnam has been one of the top performing economies in the Asia-Pacific region in recent years, growing at around 8% in 2022. The country’s prudent economic policies have resulted in a prolonged period of high growth, price stability, and low public debt ratios. Having undertaken
Foreign investors return to Vietnamese stocks
HCMC – Though Vietnam’s benchmark VN-Index was down over 33% in 2022, foreign investors have recently injected capital into the market, reversing a three-year stock-selling streak. During the first trading week of 2023, foreign investors pumped over VND1,720 billion into Vietnamese shares despite
Toll collection on National Highway 51 set to stop this Friday
HCMC – The Department for Roads of Vietnam has informed the Ministry of Transport of its decision to suspend toll collection on National Highway 51 which links Dong Nai and Ba Ria-Vung Tau provinces, reported the local media. Toll collection on the busy highway was earlier planned to be stopped on
PM suggests issuing e-visas for foreign tourists
HCMC – Prime Minister Pham Minh Chinh has urged the Ministry of Public Security to improve visa policy to boost tourism, including issuing electronic visas for foreign tourists at Vietnam’s border gates. He directed the authorities to make it easier for foreigners to visit Vietnam by contemplating
Mondelez Kinh Do’s Tet program benefits underprivileged children
HCMC – Mondelez Kinh Do has rolled out a community program called “See Kinh Do, Give Tet” to bring a meaningful and warm Tet to disadvantaged children across the country. With the hope of bringing joy and happiness to poor children during the Lunar New Year holiday, or Tet, the firm has designed
EVN Finance gets nod to double charter capital
HCMC – The State Bank of Vietnam has approved EVN Finance Joint Stock Company’s plan to raise its charter capital by a maximum of nearly VND3.55 trillion through a stock rights offering and an employee stock ownership plan (ESOP). Of the amount, more than VND3.51 trillion, equivalent to over 351
Shorter fuel price adjustment cycle proposed
HCMC – The Ministry of Industry and Trade (MOIT) has proposed shortening the fuel price adjustment cycle to seven days from the current 10. Fuel prices would be revised every Thursday, except for the first three days of Lunar New Year, the ministry said in its draft decree amending and
Unique Tet bonus: Tie gifts on thousands of workers’ cars
Tet gifts with essential products such as beer, and rice, … are neatly arranged on the saddles of thousands of workers at an enterprise in [...]
The largest kumquat granary in the Central region rushes into the Tet season
Hoi An is considered the “capital” of kumquats of Quang Nam and Central provinces. On the occasion of the Lunar New Year this year, more than [...]
PM urges Covid vigilance as new variants emerge
HCMC – The prime minister has ordered cities, provinces and relevant departments to stay vigilant against Covid-19, especially at border gates, as new variants of the coronavirus have emerged. People entering the country from nations and territories hit by new and dangerous Covid variants should