Thailand’s National Day celebrated in HCMC
HCMC – The Thai Consulate-General in HCMC today, December 5, held a ceremony to mark the 95th National Day of Thailand and celebrated the birthday anniversary of King Bhumibol Adulyadej. The ceremony, themed “Thailand on the day back”, also incorporated an exhibition that features multiple booths
Vinamilk to pay 14% cash dividend
HCMC – Vietnam Dairy Products Joint Stock Company (Vinamilk), whose VNM shares are traded on the Hochiminh Stock Exchange, will make its second dividend payment this year, with December 23 set as the record date. The dairy processing company will pay a cash dividend of 14% to its existing
Multiple violations detected in tourism projects
HCMC – The Government Inspectorate has inspected tourism projects under the management of the Ministry of Culture, Sports and Tourism and nine provinces and detected a series of violations. The Ministry of Culture, Sports and Tourism and the People’s Committees of nine provinces such as Hanoi,
Extra sugar import tariff quota allocated via auction
HCMC – The Ministry of Industry and Trade (MOIT) will auction an additional import tariff quota for 200,000 tons of sugar for the crop year 2021-2022. The type of sugar and quantity of additional import tariff quota for sugar would be 160,000 tons of raw sugar and 40,000 tons of refined sugar with
Enjoy the early Christmas atmosphere at cafes located in European-style villas
The cafes located in the European-style villa will give you a true Western Christmas picture. Different from the simple and cute Christmas decoration of small [...]
The famous raw food specialties throughout Vietnam that not everyone has the courage to try
Not only in Japan or Korea, but Vietnam also owns many fresh and delicious dishes, but not everyone can eat these specialties. Vietnamese cuisine is [...]
“God-given” specialties grow wild on rocks in Vietnam, in the season when people pick and sell to make millions
These specialties grow from the rock, which is likened to “heaven’s fortune” bringing income to the people. Dumpling rock is also known as the stone [...]
Vietnam’s President arrives in S.Korea for state visit
HCMC – State President Nguyen Xuan Phuc arrived in Seoul today, December 4, beginning a three-day state visit to South Korea at the invitation of South Korean President Yoon Suk Yeol. During the visit, the two presidents will hold talks and witness the signing and exchange of a number of
Bad debt skyrockets at banks
The banking system is facing a decline in asset quality as bad debt has ballooned since Circular 14/2021/TT-NHNN expired. However, they can overcome the hardships if they set aside enough provisions and succeed in managing credit risk when lending to high-risk sectors. Bad debt surges The Covid-19
Is it time to increase credit growth cap?
Though the central bank has shown no sign of revising the credit growth target of 14% for 2022, there is still room for increasing it amidst a soaring thirst for capital induced by a bond market crash. Why is credit expansion necessary? As a credit crunch can make the country’s post-pandemic
Risks on corporate leaseholders
The draft amendments to the Land Law are intended to limit options for one-time payment of land rent, and encourage annual rent payments instead. Such a change would ensure stable income and avoid losses for the State budget, but it poses risks to enterprises. In implementing the 2013 Land Law,
Crowne Plaza launches new study on blended travel
HCMC – A recent survey commissioned by Crowne Plaza Hotels & Resorts revealed that 65% of millennials (25 to 44 years old) and 59% of Gen Z (18 to 24 years old) consumers are more inclined to work for a company that offers frequent travel or flexible, blended travel possibilities as a perk.