Work on Dau Giay-Lien Khuong expy to begin next year
HCMC – The Transport Ministry and Lam Dong and Dong Nai provinces are finalizing preparations to start work next year on the Dau Giay-Lien Khuong expressway. The 200.3-kilometer-long expressway project includes three components, comprising the 60.1-kilometer-long Dau Giay-Tan Phu section costing
Ministry proposes amending rice import regulations
HCMC – The Ministry of Industry and Trade (MOIT) has written to the prime minister proposing amending Decree 107/2018/ND-CP on rice exports. The ministry said Vietnam usually exports 6-6.5 million tons of rice annually while statistics from the General Department of Vietnam Customs showed that the
Four rates of environmental protection tax on fuels proposed for 2023
HCMC – The Ministry of Finance has proposed applying four rates of environmental protection tax on fuels in 2023 depending on global prices. When the global oil price is below US$70 a barrel, the tax rates would reach the ceiling level of the tax bracket, which is VND4,000 per liter on gasoline,
Former deputy health minister stands trial
HCMC – The Hanoi People’s Court started the trial for former Deputy Minister of Health Cao Minh Quang and eight other defendants for their alleged responsility for irregularities in the procurement of materials to produce antivirals of the H5N1 avian influenza virus. The trial is expected to last
Exploitation approval required for aquatic products exported to Japan
HCMC – Japan will require an exploitation certificate for four types of aquatic products which Vietnam exports to the Northeast Asian country as of this December. As per Japan’s regulations, a catch certificate or processing statement will apply to aquatic products processed from squids and
Bureaucratic hurdles continue to block housing projects
HCMC – Work on 18 social housing projects in HCMC is moving at a snail’s pace as paperwork roadblocks remain. Of the total, eight have got off the ground this year. Among them are a dormitory in Thu Đuc City’s Linh Trung II Export Processing Zone that will house around 1,000 workers with 360 units
Bac Lieu looks to become nation’s renewable energy center
HCMC – Bac Lieu Province has opted for a green growth and sustainable model to restructure its economy in recent years, aiming to become a renewable-energy center in the Mekong Delta region and the country. According to the local orientation, renewable energy, including wind and solar energy and
Heavy rains forecast in many parts of Vietnam
HCMC – Heavy downpours are forecast in central and southern provinces from November 21 to 23, according to the national weather center. Rainfalls in provinces from Quang Tri to Quang Ngai would range from 70 and 150 millimeters, while rainfalls of up to 120 millimeters would hit Nghe An, Ha Tinh,
Vietnam in the spotlight
According to the e-Conomy SEA report 2022, 83% of investment funds expect the number of investment projects in Vietnam will continue to grow in the 2025-2030 period. Vietnam, Indonesia and the Philippines are among the potential markets for digital economic development. The age of SEA digital
Bank stock prices and earnings in opposite directions
Although their business performance has remained impressive, bank stock prices have plummeted on the stock market. The stock market has turned bearish and the banking system has been struggling with unfavorable market conditions. Impressive profit growth The Q3 earnings season is almost over, with
Affordable housing still hard to find
Optimism rose among urban dwellers early this year as several medium and large-sized businesses revealed plans to build affordable housing projects. However, given a year-end market contraction, the initiative only serves as a starting point for a broader movement in the industry, aiming to seek
S.Korean firm to break ground on clean industrial complex in northern Vietnam
HCMC – The Korea Land and Housing Corporation (LH) will start work on a clean industrial complex in the northern province of Hung Yen on November 25. The complex will cover an area of 1,431,000 square meters along the Hanoi-Haiphong Expressway, which links the Vietnamese capital city with
