Homepage E-Paper 07-10-2020
Business  
Vietnam should speed up public investment disbursement to lure Japanese investments: official
Friday,  7/10/2020, 19:13 
HCMC – Vietnam should seek to fast-track disbursement for public investment projects and improve transparency in policy execution to attract Japanese investments, ...
Selling pressure pushes back stock market rally
Friday,  7/10/2020, 19:06 
HCMC - Strong selling pressure dragged the local stock market down today, July 10 with the benchmark VN-Index of the Hochiminh Stock Exchange losing 5.25 ...
Logistics costs account for up to 25% of farm produce value
Friday,  7/10/2020, 16:24 
HCMC – High logistics costs have eroded the competitiveness of domestic produce, said Truong Gia Binh, chairman of the Vietnam Digital Agriculture Association ...
Stay & savour Saigon
Friday,  7/10/2020, 15:47 
An inseparable experience for any stay at Caravelle Saigon is now included in our latest promotion. Book and stay between now and October 31st, 2020 and ...
Farmers abandon sugarcane farming due to plummeting prices
Friday,  7/10/2020, 15:05 
CAN THO – Sugarcane farmers in Long An Province have had to stop growing sugarcane, a staple plant in the locality, as its price has fallen to as low as ...
Air services to be rescheduled due to runway repairs at two major airports
Friday,  7/10/2020, 11:44 
HCMC – On July 8, the Ministry of Transport wrote to the Civil Aviation Authority of Vietnam (CAAV) and the relevant units to reschedule flights and slots ...
PM urges monetary policy reform to enhance competency
Friday,  7/10/2020, 11:09 
HCMC – Stressing that macroeconomic stability will be the country’s priority in the second half of the year at a meeting held at the Government Office ...
Local tourists encouraged to hit the road
Friday,  7/10/2020, 07:25 
HCMC – Due to the difficulties facing travel firms as a result of the Covid-19 pandemic, the tourism authority of HCMC has teamed up with 50 provinces ...
Strong cash flow spurs stock market
Thursday,  7/9/2020, 18:58 
HCMC – Strong cash flow and the gains of many bluechips helped the benchmark VN-Index of the Hochiminh Stock Exchange expanded 1.38% today, July 9, marking ...
HCMC Council seeks to remove obstacles hindering economic growth
Thursday,  7/9/2020, 18:45 
HCMC – Several solutions will be tabled for discussion at the 20th meeting of the HCMC  People's  Council to eliminate obstacles hampering the city’s economic ...
U.S., Vietnam forge partnership to address war legacies
Thursday,  7/9/2020, 18:33 
HCMC – The United States Agency for International Development (USAID) and the Vietnam Office for Seeking Missing Persons (VNOSMP) signed a memorandum of ...
Quang Nam Chairman cancels purchase of Covid-19 testing machine
Thursday,  7/9/2020, 18:13 
HCMC – Chairman of Quang Nam Province Le Tri Thanh has asked the provincial Department of Health to cancel a bidding package to purchase a real-time PCR ...
Tax inspectors detect 72 enterprises with suspected transfer pricing
Thursday,  7/9/2020, 13:03 
HCMC – The General Department of Taxation inspected 72 enterprises suspected of indulging in transfer pricing, collecting taxes and imposing fines of VND212 ...
Lack of leadership a reason for digital transformation failure in local firms: experts
Thursday,  7/9/2020, 10:49 
HCMC - With most companies in Vietnam reporting a digital transformation failure rate ranging between 60 and 80%, experts from audit, tax and advisory ...
Electricity plan fails to meet progress requirements
Thursday,  7/9/2020, 07:39 
HCMC – The national electricity plan for the 2011-2020 period with a vision toward 2030 or the seventh electricity plan has failed to meet progress requirements, ...
Stock market extends winning streak
Wednesday,  7/8/2020, 19:13 
HCMC - The benchmark VN-Index of the Hochiminh Stock Exchange added 1.08 points, or 0.13%, to close at 864.5 points today, July 8, marking its fourth straight ...
HCMC leader proposes allowing city to retain 24% of revenue
Wednesday,  7/8/2020, 19:07 
HCMC – At a meeting held this morning, July 8, HCMC Party Committee Secretary Nguyen Thien Nhan noted that the municipal authorities would propose that ...
HSBC offers first green credit in Vietnam
Wednesday,  7/8/2020, 19:02 
HCMC – On July 8, HSBC Vietnam signed a green credit agreement with Duy Tan Plastics Corporation to partially finance the Duy Tan Plastics Recycling Factory, ...
Transport Ministry told to start building three expressway sections in August
Wednesday,  7/8/2020, 17:25 
HCMC – At a Government meeting held this morning, July 8, Prime Minister Nguyen Xuan Phuc told the Ministry of Transport to begin work on three sections ...
More stimulus measures needed for growth: PM
Wednesday,  7/8/2020, 16:31 
HCMC – As Covid-19 has slowed down the local economy, more drastic measures need to be worked out to stimulate manufacturing activities, including plans ...
Mekong Delta enterprises see new orders plunge by 80% due to Covid-19
Wednesday,  7/8/2020, 15:55 
CAN THO – Enterprises in the Mekong Delta region have seen their new orders drop by 80.7% due to the Covid-19 pandemic, Nguyen Phuong Lam, director of ...
IFC offers Phu My Hung US$75 million to help business recover after Covid-19
Wednesday,  7/8/2020, 14:05 
HCMC – International Finance Corporation (IFC), a member of the World Bank Group, offered a financial package of US$75 million to Phu My Hung Development ...
Banks further lower deposit rates
Wednesday,  7/8/2020, 13:02 
HCMC – Local banks have continued to cut deposit rates by 10-90 basis points for various tenors since the beginning of this month, the steepest rate cut ...
New PPP law a milestone for Vietnamese infrastructure market: Fitch Solutions
Wednesday,  7/8/2020, 07:41 
HCMC – A new law on public-private partnerships (PPPs) will provide tailwinds to the growth of Vietnam’s infrastructure sector, according to the London-based ...
Taxis must have yellow number plates from August 1
Tuesday,  7/7/2020, 18:57 
HCMC – According to Circular 58 on the issuance and revocation of vehicle registration, which is set to take effect from August 1, the number plates of ...
Stable cash flow helps stock market maintain growth momentum
Tuesday,  7/7/2020, 18:54 
HCMC - Stable cash flow and the gain of bluechips pushed the benchmark VN-Index up 0.26% today, July 7, marking its third straight winning session.
Free motorbike exhaust emission evaluation program sees lackluster response
Tuesday,  7/7/2020, 18:06 
HCMC – Despite HCMC introducing a pilot program to conduct free checks on motorcycle exhaust emissions from May 15, only 1,290 motorbikes participated ...
Gold prices hit all-time high
Tuesday,  7/7/2020, 18:01 
HCMC - Gold prices in Vietnam hit an all-time high yesterday due to an increase in demand as the global economic outlook and the Covid-19 pandemic have ...
Phones and phone parts remains biggest export earner in H1
Tuesday,  7/7/2020, 16:57 
HCMC – The export of phones and phone parts during the first half of this year totaled US$21.5 billion, the highest among 22 product groups whose export ...
HCMC’s contribution to state budget increases despite slower economic growth
Tuesday,  7/7/2020, 16:49 
HCMC - HCMC’s contribution to the state budget has been increasing continuously over the past 20 years but its economic growth has slowed down compared ...
Dynamic rice farming region
Tuesday,  7/7/2020, 15:11 
Expatriates will not find it hard to realize considerable changes in the mighty land associated with a historical legend, namely sergeant major Tran Van ...
Customs authority discovers multiple cases of origin fraud
Tuesday,  7/7/2020, 14:33 
HCMC – Country of origin fraud cases, wherein Chinese products bear Made-in-Vietnam labels, are on the rise, with Vietnam’s customs authority recently ...
Dak Nong says no to ecotourism project at five-tier waterfall
Tuesday,  7/7/2020, 14:30 
HCMC – The Dak Nong government has prohibited the owner of a hydropower plant from barricading a five-tier waterfall in Dak Sin Commune to develop an ecotourism ...
China is largest plywood investor in Vietnam
Tuesday,  7/7/2020, 13:03 
HCMC – China has invested in 29 plywood projects worth over US$150 million in Vietnam, becoming the country’s largest plywood investor, according to Ngo ...
HCMC’s bus operators ask for suspension of services due to debts
Tuesday,  7/7/2020, 11:54 
HCMC – Ten bus operators in HCMC, which are operating most of the buses in the city, have asked the municipal government for a temporary suspension of ...
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