Long-standing ties between Vietnam and Netherlands
Vietnam and the Netherlands are celebrating the 50th anniversary of the establishment of diplomatic relations (April 9, 1973-2023). The Saigon Times Weekly publishes an article by Tran Huu Phuc Tien to give its readers an insight into the relationship between the two countries. Beginning of
Stock market waits for East wind
Although Vietnam’s stock market has come under pressure due to global financial market volatility, the VN-Index had still maintained its upward trend since mid-November last year. A variety of supporting factors Now that a series of policies aimed at supporting the economy, especially the stock
Monetary policy for growth
Amidst current challenges – objective and subjective alike – fiscal policy has yet to deliver as good results as expected. Therefore, monetary policy should be more accommodative for economic growth, like the central bank’s recent interest rate cuts. Quick response In its report released on March
Worn out
Vietnam’s gross domestic product (GDP) in January-March expanded by 3.32% over the same period of last year, slightly higher than 3.21% in the first quarter of 2020. The agro-forestry-fisheries and services sectors grew by 2.52% and 6.79%, contributing 8.85% and 95.91% to the economy’s gross value
Is it risky to cut interest rates?
Within only two weeks, the State Bank of Vietnam (SBV) has twice cut key interest rates. This move has stirred up concerns among certain observers that the SBV may have made a premature move compared to other central banks’ actions. However, there is a good reason behind the SBV’s move to support
The first electric taxi in Vietnam has been launched
On the morning of April 14th, the first electric taxi in Vietnam was launched. 500 VF e34 cyan vans are available, with an opening price of 20,000 VND.
Vietnam Government extends tax and land rent in 2023
Enterprises and business households are entitled to an extension to pay value-added tax, businesses and individuals income tax, and land rent for the 5th time to support production and business.
Vietnam-U.S. ties poised to grow to new height
HCMC – Vietnam and the United States can elevate their bilateral relations to a new height for the sake of their people, and for peace, stability and development in the region and the world, Party General Secretary Nguyen Phu Trong said at his meeting with visiting U.S. Secretary of State Antony
Bad debt looms large for real estate
HCMC – Non-performing corporate bonds are looming large due to a high financial leverage ratio and negative cash flow of unlisted, cash-strapped real estate companies. A recent market report by the Vietnam Investors Service and Credit Rating Agency JSC (VIS Rating) indicated gloomy prospects for
Quang Binh set to become adventure tourism center of Asia
HCMC – The central province of Quang Binh is oriented to become an adventure tourism center of Asia, with the Phong Nha-Ke Bang National Park playing the central role in the province’s tourism development. This orientation was included in the provincial master plan for 2021-2030, with a vision
Joint berth for two ports at Cai Mep-Thi Vai approved
HCMC – The Ministry of Transport has approved a plan to establish a 1,200-meter-long berth for the Cai Mep International Terminal (CMIT) and the Tan Cang – Cai Mep Thi Vai Terminal (TCTT) as proposed by the operators of the two ports. The Ministry of Transport on April 13 sent an official dispatch
U.S. Secretary of State Blinken arrives in Hanoi
HCMC – U.S. Secretary of State Antony Blinken landed in Hanoi tonight, April 14, beginning his three-day visit to Vietnam at the invitation of his Vietnamese counterpart Bui Thanh Son. The visit will help advance key discussions with Vietnamese partners as both countries are celebrating the 10th
