While waiting for the review of legal procedures, the investor of 5 real estate projects in Ho Chi Minh City has been allowed to raise capital for 50% of the product, providing more than 5,400 apartments to the market.
In the past decade (2012-2022), the number of dollar millionaires in Ho Chi Minh City has increased by 82%.
HCMC – The Supreme People’s Procuracy of Vietnam has released its indictments against 54 suspects in the Covid-19 repatriation flight scandal, with former Deputy Foreign Minister To Anh Dung and 17 others likely to be sentenced to between 20 years in prison and death. The country’s top prosecution
HCMC – Prime Minister Pham Minh Chinh has said tough measures should be taken to deal with officials who have a low sense of responsibility or avoid solving difficult matters by passing on them to higher levels of administration. Speaking at the fourth meeting of the steering committee for
HCMC – A new air route connecting Quang Ninh Province and Can Tho City will be launched on April 25 with three weekly flights, thus boosting cooperation in transport and tourism. According to the Quang Ninh Province Department of Tourism, from April 25, the new air service between Quang Ninh and
HCMC – The Vietnam Chamber of Commerce and Industry, or VCCI, has repeated its proposal that the Ministry of Finance abolish the special consumption tax on gasoline. Gasoline is currently subject to import, environmental protection, special consumption and value-added taxes. Among the four taxes,
According to the Insurance Supervision Administration, businesses must immediately assess their sales and appraisal procedures.
HCMC – The Government has approved the Ministry of Finance’s proposal to revise down the value-added tax (VAT) from 10% to 8% for certain goods and services this year to boost consumption and economic growth. Deputy Prime Minister Le Minh Khai assigned the Ministry of Finance and the Ministry of
On April 17, a steel train from the VAS Group departed from Nghi Son International Port in Thanh Hoa and moored in Houston, USA, one of the world's major seaports, serving Texas's urban districts and sub-states.
HCMC – Deputy Prime Minister Tran Hong Ha has asked representatives of the UK and the European Union to share their experience and technologies in clean energy transition with Vietnam. He also sought support in developing smart grids, increasing the proportion of renewable energy, and ensuring the
HCMC – Deputy Prime Minister Tran Hong Ha has asked the Ministry of Construction to draw up lists of projects, beneficiaries, and lending criteria under a credit package worth VND120,000 billion. Speaking at a meeting on April 16 with a task force formed to help the real estate sector deal with
HCMC – The Civil Aviation Authority of Vietnam has requested local carriers to add flights for the upcoming public holiday travel rush given the high occupancy of many flights from HCMC and Hanoi cities to tourist destinations nationwide. Vietnamese will have a five-day weekend holiday next week