Rule revisions proposed to manage night markets
HCMC – The Ministry of Industry and Trade (MOIT) has proposed supplementing regulations for the operation and management of night markets, aiming to reduce its negative impacts. Under the evening economy development project in Vietnam, approved by the prime minister pursuant to Decision No. 1129
Rail industry expects to make profit in 2023
HCMC – Vietnam Railways Corporation (VNR) plans to shift operational priorities from passenger to freight transport to minimize losses and earn profits beginning next year. As of November, the proportion of freight transport accounted for roughly 55% of the total. The sector rose by 26% compared
Hiring demand in HCMC forecast at 320,000 workers next year
HCMC – Enterprises in HCMC are forecast to recruit 300,000-320,000 new employees if the global economy bounces back, according to the Center of Forecasting Manpower Needs and Labor Market Information (FALMI). The demand for new employees will depend on different scenarios of the global economy
Provinces set to launch price stabilization programs ahead of Tet
HCMC – Many provinces and cities in Vietnam will launch price stabilization programs in in the lead up to the Lunar New Year 2023 holiday at a total cost of trillions of Vietnamese dong. The Lunar New Year holiday is a special time for family reunion, which always drives up the demand for
Thu Duc needs new mechanism for development
HCMC – Despite its huge development potential, Thu Duc City still faces numerous outstanding issues and obstacles; therefore, the city needs to be granted a special mechanism for development, according to the Institute for Policy Research and Media Development (IPS). Asynchronous infrastructure
Int’l Food & Hotel Vietnam kicks off in HCMC
HCMC – The 11th International Food & Drink, Hotel, Restaurant, Bakery & Food Service Equipment, Supplies & Services Exhibition, or Food & Hotel Vietnam 2022, was launched at the Saigon Exhibition and Convention Center in District 7, HCMC today, December 7. The exhibition, held by
New employment opportunities emerge in Binh Duong
HCMC – Employment opportunities have arisen in the southern province of Binh Duong as businesses begin the hunt for labor, the provincial Labor Union said. The union posted a list of 38 companies looking for over 50 workers on its portal, congdoanbinhduong.org.vn, and its Facebook page. Most
RMIT publishes report on Vietnam-Australia opportunities
HCMC – RMIT’s Asia Trade and Innovation Hub has published a report providing insights for Australian companies searching for Industry 4.0-related business opportunities in Vietnam’s agriculture, logistics and higher education. The report, “Strengthening Victoria’s Connections with Southeast Asia:
Tax revenue from e-businesses below expectations
HCMC – Tax revenues from e-commerce activities have risen over the years, but they are still far behind the industry’s expansion rate, the Ministry of Finance reported. Tax collections from 2018 to date totaled nearly VND5,590 billion. The figure has increased over the years, with the collection
Multiple violations detected in tourism projects
HCMC – The Government Inspectorate has inspected tourism projects under the management of the Ministry of Culture, Sports and Tourism and nine provinces and detected a series of violations. The Ministry of Culture, Sports and Tourism and the People’s Committees of nine provinces such as Hanoi,
Deferred tax payments put at VND106 trillion in Jan-Nov
HCMC – The tax offices have deferred tax payments of VND105.9 trillion between January and November this year, representing 78.4% of the plan set in the tax deferral policy at VND135 trillion, according to the Ministry of Finance. The deferral of value added tax (VAT), corporate income tax (CIT),
Techfest Vietnam 2022 seminars highlight corporate innovation
HCMC – Business representatives, State officials, and experts at home and abroad gathered at the Binh Duong Innovation seminar series held yesterday, sharing their insights about a roadmap for upgrading manufacturing toward Industry 4.0 and corporate innovation. The seminars are part of the