USAID returns dioxin remediated land at Bien Hoa airbase
HCMC – A 20,000-cubic-meter area of dioxin-remediated land at the Bien Hoa airbase in Dong Nai Province was handed over by the United States Agency For International Development (USAID) to the Vietnamese Air Force yesterday, March 7. The event featured the participation of Vietnamese Deputy
Over VND10 trillion needed for Khanh Hoa-Daklak expy
HCMC – A section of an expressway that links Khanh Hoa Province and neighboring Daklak Province’s Buon Ma Thuot City will require an estimated VND10.44 trillion, according to a Transport Ministry agency. Project Management Unit 6 at the Ministry of Transport has submitted a feasibility study for
Associations propose halving car registration fee
HCMC – Associations have proposed the central Government halve the registration fee for locally assembled or manufactured cars during the first half of the year to boost market demand. In a letter sent to Prime Minister Pham Minh Chinh, they also asked for an extension of the deadline to pay the
Vingroup establishes EV rental business
HCMC – Pham Nhat Vuong, chairman of Vietnamese conglomerate Vingroup, yesterday, March 6, announced the establishment of Green-Smart-Mobility JSC (GSM), which will use VinFast electric vehicles and scooters for rental and taxi services. GMS is reportedly the world’s first multi-platform green
Ca Mau-Nam Du-Phu Quoc ferry service to resume this month
HCMC – An express ferry service linking Ca Mau Province and Nam Du and Phu Quoc islands off Kien Giang Province will be re-launched on March 18 to meet the travel demand of tourists after a two-year hiatus induced by the Covid-19 pandemic. Phu Quoc Express JSC, the high-speed ferry service
Vietnamese coffee primarily exported as raw beans
HCMC – Although Vietnam is the world’s second biggest coffee exporter, around 90% of Vietnamese coffee products are mainly exported as raw beans, resulting in low export revenue. “Vietnam’s Robusta coffee has yet to get trademark protection certificates from any country,” Thai Nhu Hiep, vice
Quang Ninh welcomes nearly 2,000 int’l cruise guests
HCMC – The Malta-flagged passenger cruise ship Mein Schiff 5 arrived in Halong Bay in Quang Ninh Province today, March 6, taking close to 2,000 European visitors, with most of them German, to the World Heritage-listed bay. The tourists are expected to visit popular destinations in Quang Ninh such
FLC to sell stake in Bamboo Airways
HCMC – Vietnamese conglomerate FLC Group plans to sell its stake in local carrier Bamboo Airways as part of its business restructuring plan, said FLC board chairman Le Ba Nguyen at an extraordinary general meeting last weekend. This year, FLC is set to reshape its business strategy, focusing on
Bond issuers allowed to extend coupon payments
HCMC – Debt-issuing organizations can extend coupon payments by up to two years and settle debt by assets, instead of cash, if they secure approval from bondholders, according to a new Government decree. Government Decree 08 was issued on March 5 to revise and supplement some regulations on
Nha Trang receives luxury cruise ship with 333 tourists on board
HCMC – The Bahamas-flagged luxury cruise ship, Silver Muse, arrived at the Nha Trang port in Khanh Hoa Province yesterday, March 5, with 333 international passengers on board. These tourists are mainly from Germany, Canada, Australia, Colombia, Thailand and China, the local media reported. After
Vietnam to have PPP commodity-based group for rice
HCMC – Vietnam has promoted agricultural modernization and investment via a public-private partnership (PPP) commodity-based working group. The Ministry of Agriculture and Rural Development announced a decision to set up Vietnam’s rice PPP working group on March 3 in the Mekong Delta city of Can
Sapa launches summer festival to woo tourists
HCMC – The tourist town of Sapa in Lao Cai Province has launched the Summer Festival 2023 with a series of activities to celebrate the 120th anniversary of Sapa’s tourism. The festival is one of a series of events celebrating the town’s 120th year of tourism, which will take place from March 3 to