Category: Vietnam
Ministry says no to cuts in auto registration fees
The Ministry of Finance has rejected a proposal to reduce auto registration fees by half, saying it is not necessary in the current setting. The proposal was made by the [...] » More
Reference exchange rate up 4 VND
The reference exchange rate for dong/US dollar on May 12th 2021 was announced by the State Bank of Vietnam (SBV) at 23,149 dong per US dollar, up by four dong compared to the [...] » More
Skyrocketing material prices place duress on contractors
Rising construction material prices are driving contractors into a corner while having mixed effects on steel producers and construction groups. The Vietnam Association of [...] » More
‘Land fever’ is subsiding
The real estate market has begun cooling down after a long hot spell. At the first quarter regular press briefing organised by the Ministry of Natural Resources and [...] » More
Large groups report high profits
A series of large corporations reported a sudden increase in profits in the first quarter of 2021 and a positive outlook for the whole year despite the impact of the Covid-19 [...] » More
Establishing more focused inspections in business sphere
Vietnam has made improvements in specialised inspection procedures to increase business facilitation. However, challenges remain in the enforcement of new free trade [...] » More
Shinhan Bank Vietnam is top foreign bank in Vietnam
South Korea’s leading bank Shinhan Bank has also cemented itself as the No. 1 foreign bank in Vietnam. With 41 networks in operation, Shinhan Bank Vietnam Ltd operates [...] » More
NA leader attends groundbreaking ceremony for Hai Phong’s housing and commercial centre complex
Chair of the National Assembly Vuong Dinh Hue attended a groundbreaking ceremony for a VND5 trillion (nearly $217 million) housing and commercial centre complex in Le Chan [...] » More
Tat Thanh Cang’s violations cause VND1.1 trillion loss
The latest investigation of the HCM City Investigation Police Agency showed that through the sale of nine million shares of Sadeco to Nguyen Kim Company in 2017, former [...] » More
Protective measures geared towards online consumers strengthened
Vietnamese online businesses and authorities in the era of online shopping are gradually working towards getting the market under control through individual platforms and [...] » More
Raw cashew nut imports rocket in first four months
Vietnam imported nearly 1.2 million tonnes of raw cashew nuts worth 1.9 billion USD in the first four months of this year, increases of 300 percent and 323.5 percent [...] » More
The risks of corporate bonds
The volume of corporate bonds without collateral or guaranteed only by shares issued in the first quarter of 2021 accounted for a large proportion, with a large part owned by [...] » More
Samsung Electronics seeks direct purchase of renewable energy
Samsung Electronics Vietnam is seeking support from the Vietnamese government to enter into a direct power purchase agreement (DPPA) scheme that will enable it to directly [...] » More
Vietravel Airlines to be equitised in 2nd year of operations
The Vietnam Travel and Marketing Transport JSC (Vietravel) plans to equitise its Vietnam Travel Airlines Co. Ltd (Vietravel Airlines), to boost the subsidiary’s [...] » More
Construction companies report lower profits due to disease
Several construction firms have reported a drop in profits in the first quarter of this year due to the COVID-19 pandemic and rising material prices. Since the beginning of [...] » More
