Half of Vietnam’s int’l internet connection capacity restored
HCMC – Internet service providers have restored 50% of international internet connectivity after the breakdown of four undersea internet cables, according to the Vietnam Telecommunications Authority. A representative of the Vietnam Posts and Telecommunications Group (VNPT) said that VNPT worked
Cargo ships collide in Can Gio
HCMC – The Singaporean-flagged Wan Hai 288 ship crashed into the Resurgence vessel in the opposite direction in Long Tau River in HCMC’s outlying district of Can Gio early this morning, February 11. No casualties were reported, but the two vessels suffered significant damage including several
Social insurance evading enterprises may have bank accounts frozen
HCMC – The Vietnam General Confederation of Labor has proposed applying many measures for enterprises delaying or evading social insurance (SI) payments including freezing violated enterprises’ accounts, publicizing their names on national portal, and prohibiting them from participating in
Some 6,000 promo train tickets go on sale on HCMC-Hanoi route
HCMC – The Saigon Railway Joint Stock Company has launched a promotion program to offer a 30% discount on 6,000 train tickets from February 21 to March 31 to boost rail travel. Tickets, open for sale from 8:00 on February 18 to the end of March 28 and applicable for fixed seats, must be purchased
Dalat issues pilot plan on night-time economy
HCMC – Dalat City, a popular tourist destination in the Central Highlands province of Lam Dong, has introduced a plan to develop the night-time economy on a trial basis to fuel economic growth. The hilly city would pilot a variety of night-time economic activities in two phases, the local media
Commercial sidewalk use may be charged by HCMC authorities
HCMC – HCMC is planning to allow the paid use of sidewalks for commercial purposes such as vending goods or parking if these business activities leave a space of at least 1.5 meters wide for pedestrians. The plan is part of a draft replacing Decision 74, dated 2008, on the management and use of
Labor market bounces back
HCMC – Vietnam’s labor market has improved, sending goods news to workers being laid off in the final quarter of last year due to a shortfall of new orders faced by their companies. The Hanoi Center for Employment Services, in cooperation with job centers in six neighboring provinces, will hold
Saigon Times to organize CEO Forum on pharmaceutical industry
HCMC – The Saigon Times Group, in collaboration with the Vietnam Pharmaceutical Companies Association (VNPCA), NS BlueScope Vietnam Company’s Colorbond® and GMPC Vietnam Company, will hold a forum titled “Enhancing the competitiveness of pharmaceutical manufacturing” at the Rex Hotel in HCMC on
Time for customs clearance to be cut by 10% from this year
HCMC – The General Department of Vietnam Customs has set administrative reform targets to simplify customs procedures, including reducing the time for customs clearance and goods release by 10%, reducing the number of batches required for sampling for analysis and assessment by 20%, and applying
Car carrier catches fire, drifts off Vung Tau coast
HCMC – The Panamanian-flagged ship Ah Shin, carrying over 4,500 cars from South Korea to Singapore, caught fire while crossing the waters of Binh Thuan and is now drifting off the coast of Vung Tau City for the fire to be extinguished. All crew members on board are safe. Currently, the fire has
Over VND100,000 billion in taxes proposed for extension
HCMC – The Ministry of Finance is seeking feedback on a draft Government decree on the rescheduling of payments of value added tax (VAT), corporate income tax (CIT) and land rent amounting to over VND100,000 billion. The draft decree, which was prepared by the ministry, proposes granting a
HCMC’s industrial production down 21% in January
HCMC – The index of industrial production (IIP) of HCMC in January fell 21.4% against December last year and 15% against the same period last year, according to the city’s Department of Industry and Trade. The IIP fall resulted from the week-long Lunar New Year holiday in the final week of last