Vietnam Register clarifies inspection extension rule
HCMC – Shortly after the Ministry of Transport issued a new circular extending the roadworthiness certificates of private-use cars of up to nine seats for six months, Vietnam Register has made a clarification, saying only vehicles whose inspection certificates expire before July 1, 2024 will enjoy
Police detain 200 involved in flight attendants’ drug case
HCMC – The police have detained 200 individuals involved in a case in which four Vietnamese flight attendants were found in mid-March carrying from Paris to HCMC 11.2 kg of illicit drugs hidden in 327 toothpaste tubes and 17 mouthwash bottles. Speaking at a Government press conference today, June
Inspection cycle for private-use vehicles extended by six months
HCMC – The Ministry of Transport has released a new circular regarding the automatic extension of inspection certificates for privately owned vehicles with up to nine seats. Under the new regulation, the roadworthiness stamp and certificate for automobiles will be automatically renewed for an
Dojiland holds topping-out ceremony for Haiphong’s tallest building
HCMC – Local real estate developer Dojiland recently held a topping-out ceremony for the 186-meter-tall Diamond Crown Haiphong tower, the tallest building in the northern city. The event was attended by local officials, representatives of project architecture consultants and construction firms,
Over VND5,200 billion to be disbursed for North-South expressway project in June
HCMC – The North-South Expressway project will receive a disbursement of VND5,229 billion this month, reported a local media. From January to May, the Ministry of Transport disbursed an estimated VND28,600 billion for all projects under the ministry’s jurisdiction, meeting nearly 30% of the
Vietnam’s CPI rises 2.43% in May
HCMC – The General Statistics Office has released data showing that Vietnam’s consumer price index (CPI) in May increased by 2.43% compared to the same period last year. In May, the CPI inched up by 0.01% from April and 0.4% compared to December 2022, mainly driven by higher prices of food,
Rice exports soar 49% in May
HCMC – Outbound rice shipments in May surged by a staggering 49% compared to the same period last year, at US$2 billion, the highest in 10 years. In the year to May, Vietnam had shipped 3.9 million tons of rice abroad worth over US$2 billion, up 40.8% in volume and 49% in value against the […]
PM urges immediate actions to prevent cargo backlogs at northern border
HCMC – The Prime Minister has called for proactive measures in the northern provinces to regulate and manage cargo transportation to border gates, resolve backlogs of exported agricultural products, and streamline administrative procedures to expedite customs clearance. As per the Government
Digital payment grows in popularity in Vietnam – Visa
HCMC – Vietnamese consumers are rapidly adopting many digital payment methods while moving away from cash, according to a recent report by global financial services firm Visa. In 2022, 66% of local consumers used online card payments and 70% used online or in-app mobile wallet payments, a sharp
Some projects are starting to have liquidity again
After a long period of freezing, real estate has shown more positive signs; some projects have begun to have liquidity again. For the past 4 weeks, a project in Binh Tan, Ho Chi Minh City, has increased consumption in the primary market.
Seven more renewable power projects connected to national grid
HCMC – Seven more renewable energy projects with a total capacity of over 430 MW have completed procedures for commercial operation and power generation, reported the local media. According to Vietnam Electricity Group (EVN), nine renewable power transition projects have sent their documents to
Domestic fuel prices rise
HCMC – The retail prices of gasoline today, June 1, increased by VND390-520 per liter, according to an announcement jointly issued by the ministries of Industry and Trade and Finance. RON 95-III gasoline now sells for VND22,010 per liter, up by VND520, whereas the price of E5 RON92 bio-gasoline is
