Fuel prices rise again
HCMC – The Ministries of Finance and Industry-Trade decided to revise up fuel prices from 3 p.m. today, October 21, the second increase after four straight cuts. RON 95-III gasoline increased by some VND340 to VND22,347 per liter and E5 RON 92 bio-gasoline rose VND200 to VND21,492 per liter.
Two firms investigated for late fuel price stabilization fund transfers
HCMC – The Ministry of Public Security has launched a probe into two fuel firms for their delays in transferring a combined VND24 billion to the fuel price stabilization fund. The Ministry of Industry and Trade today, October 21, said that upon receipt of documents from the ministry, the police
UN Secretary-General arrives in Hanoi for two-day Vietnam visit
HCMC – Secretary-General of the United Nations António Guterres landed in Hanoi today for an official Vietnam visit from October 21-22 at the invitation of President Nguyen Xuan Phuc, reported the Vietnam news agency. His visit demonstrates the importance the UN attaches to its partnership with
Vietnam’s seafood imports soar 36.8% in Jan-Sept
CAN THO – Vietnam spent US$2.04 billion importing seafood between January and September, up 36.8% versus the year-ago period, according to statistics from the General Department of Vietnam Customs. In September, Vietnam’s seafood import bill expanded 44.5% month-on-month to nearly US$200 million.
Ex-director of Dong Nai’s DPI detained on graft charges
HCMC – Bo Ngoc Thu, former director of the Dong Nai Province Department of Planning and Investment (DPI), has been detained on alleged charges of graft, reported the local media. Investigators of the Ministry of Public Security today, October 20, searched Thu’s residence in Quang Vinh Ward, Bien
Prime Minister calls for stronger efforts in stabilizing fuel market
HCMC – Prime Minister Pham Minh Chinh told the Ministry of Industry and Trade to make stronger efforts to stabilize the fuel market and ensure the operation of fuel retailers and gas stations, according to a document issued by the Government Office on October 19. The document stated that many gas
Funding shortfall leaves Ben Luc-Long Thanh Expy suspended
HCMC – The slow pace of capital disbursement has impeded the progress of the Ben Luc-Long Thanh Expressway project, leaving it unable to meet deadlines. The construction value of the project has reached an estimated VND11 trillion, equivalent to some 80% of the construction volume, Vietnam
Vietnam detects second case of monkeypox in HCMC
HCMC – The HCMC Department of Health confirmed its second case of monkeypox this morning, October 20, a 38-year-old female resident of Tuyen Quang Province, who traveled to Dubai between September 29 and October 18. The patient displayed symptoms of fever with fatigue, nausea and rashes on several
ManpowerGroup launches Future of Work research
HCMC – ManpowerGroup has launched the three-part “The Future of Work” series, in partnership with Everest Group, to provide practical advice to human resources (HR) leaders and organizations on navigating the next normal for their organizations after the Covid-19 pandemic. The research leverages
Vietnam, S.Korea eye US$100b in bilateral trade by 2023
HCMC – State President Nguyen Xuan Phuc suggested Vietnam and South Korea strive to raise two-way trade to US$100 billion by 2023 and US$150 billion by 2030. President Phuc put forward the suggestion while receiving South Korea’s Minister of Foreign Affairs Park Jin at the Presidential Palace in
SHTP proposes reinstating one-door investment approval process
HCMC – As the Saigon Hi-Tech Park (SHTP) in HCMC has seen a spike in new foreign-invested projects in recent years, it has proposed the HCMC government reinstate a one-door investment approval process to facilitate investment activity. The current rules require investors to work with different
HCMC set to start work on three key roads by year-end
HCMC – HCMC will begin construction on three major traffic infrastructure projects by the end of this year with an investment of over VND10,000 billion. Luong Minh Phuc, director of the HCMC Management Board of Transportation Works Construction and Investment Projects (TCIP), said the three
