Việt Nam should extend further visa exemption policy for foreign tourists to attract more foreign visitors coming back, according to experts.
Việt Nam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).
Public – private partnership (PPP) is the best mode of investment for HCM City’s socio-economic development, city authorities have said.
Selling pressure increased at the end of Monday’s session, affecting market sentiment and creating a big variation in large-cap prices.
The Republic of Korea (RoK)’s Consulate General recently revealed the country’s businesses plan to increase investment in Việt Nam, especially in the manufacturing of electronic equipment and developing smart grids.
East Rift Valley enters Singapore, Malaysia; New South New Direction of Revenue
Việt Nam’s container throughput surpassed Hong Kong’s in the first half of this year, possibly in part due to trade diversion amid the trade war between China and the US, reported the Chinese news site Caixin Global.
The national flag carrier Vietnam Airlines on Sunday launched a new route between the central city of Đà Nẵng and Busan city, connecting Việt Nam and the Republic of Korea (RoK).
The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.
Budget carrier Vietjet has received approval from the Civil Aviation Administration of Vietnam (CAAV) to conduct flights between the capital city of Hà Nội and India’s New Delhi.
The Hà Nội Stock Exchange said that Nha Trang Bay Investment and Construction Joint Stock Company successfully issued private corporate bonds worth VNĐ650 billion (US$28.2 million), all of it to the Việt Nam Maritime Bank.
Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry.
A CAAV report on aviation service quality in the first half of this year found that aviation sector, including local and international airlines, transported 38.5 million passengers, up 9.4 per cent year-on-year.
Exports by HCM City-based enterprises in the first six months of the year topped US$19.6 billion, a 9.2 per cent increase year-on-year, according to the city People’s Committee.
Along with its rapid economic growth, Việt Nam’s electricity demand is also increasing strongly, at around 10 per cent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.
The ongoing earnings season has created a divergence among groups of stocks and could derail the market from its short-term uptrend.
Việt Nam gained a trade surplus of $1.59 billion in the first half of this year, according to the latest statistics from the General Department of Customs.
The Vietnam Oil and Gas Group (PVN) needs to set up a national energy reserve centre to deal with emergencies when there are interruptions in the supply source, said Deputy General Director of Vietnam Petroleum Institute Nguyễn Hồng Minh.