A new wave of foreign investments in the making

Nikkei Asia recently wrote that a fourth boom of foreign investment in Việt Nam might be in the making, led by the capital influx from the US after US President Joe Biden’s visit to Việt Nam last month.

Ministry proposes ceiling airfares to be lifted

The lifting of the ceiling on airfares would certainly help airlines better meet the needs of passengers, especially during the peak period because airlines could offset the cost of two-way flights.

New visa policies will boost tourism: insiders

From August 15 people with Vietnamese e-visas can enter and exit the country any number of times for 90 days, a long-awaited and major overhaul of the country’s visa system that is expected to revive tourism and hospitality, according to industry insiders.

Firms hesitate to access loans due to weak consumption demand

The State Bank of Vietnam last week cut its policy rates for the third time this year to prop up economic growth. Accordingly, the bank cut its refinance rates from 5.5 to 5.0 per cent and its overnight electronic interbank rate from 6.0 to 5.5 per cent.

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