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HCMC struggles to attract private investment in sports, cultural projects

HCMC struggles to attract private investment in sports, cultural projects

Ho Chi Minh City has approved 23 public-private partnership (PPP) sports and cultural projects, but experts are worried that private investors are hesitant to support them.
Economy confronts three key challenges as year-end nears: ministry

Economy confronts three key challenges as year-end nears: ministry

Government borrowings to increase by 6% in 2024

Government borrowings to increase by 6% in 2024

State budget revenue down 8.3% in nine months

State budget revenue down 8.3% in nine months

The state budget revenue was estimated at over VND1,223 trillion ($50.8 billion) in the first nine months of this year, marking an annual decrease of 8.3%, according to the Ministry of Finance.
October 4, 2023 | 06:21 pm PT
Government says no to scrapping air ticket price cap

Government says no to scrapping air ticket price cap

Scrapping the price cap on air tickets will rob authorities of a tool to regulate the market and make aviation less accessible to people with low incomes, the government has said.
May 21, 2023 | 01:24 am PT
Clash of views on LGBTQ+ in Vietnam

Clash of views on LGBTQ+ in Vietnam

“If we, as parents of LGBTQ+ children, seek happiness for all, we need to change,” says a mother, whose gay son had attempted suicide.
September 1, 2022 | 05:07 pm PT
Government seeks lawmakers' approval for further gasoline environment tax cut

Government seeks lawmakers' approval for further gasoline environment tax cut

The government has informed the National Assembly about a proposal to cut the environment tax on gasoline by 25 percent from August to year-end to keep prices in check.
July 3, 2022 | 10:17 pm PT
Lawmakers want bank credit growth quotas scrapped

Lawmakers want bank credit growth quotas scrapped

The National Assembly wants the government to gradually remove the credit growth cap for banks, a policy it finds anomalous in a modern economy.
June 16, 2022 | 09:01 pm PT
Government eyes corporate bond-to-GDP ratio of 20 pct by 2025

Government eyes corporate bond-to-GDP ratio of 20 pct by 2025

The government wants to increase the size of the corporate bond market from last year’s 11.5 percent of GDP to at least 20 percent by 2025.
April 13, 2022 | 12:27 am PT
Bui Thanh Son is Vietnam's new foreign minister

Bui Thanh Son is Vietnam's new foreign minister

Deputy Foreign Minister and seasoned diplomat Bui Thanh Son was appointed foreign minister on Thursday, one of 12 new ministers and department heads named by the new government.
April 7, 2021 | 09:29 pm PT
Central Vietnam tunnel remains open to traffic despite financial woes

Central Vietnam tunnel remains open to traffic despite financial woes

The Hai Van Tunnel 2 will remain open to traffic despite an investor announcing its closure because it had become financially unviable.
February 21, 2021 | 06:08 am PT
Government to advance $52 mln for expressway debts

Government to advance $52 mln for expressway debts

The government will advance $52 million to the Ministry of Transport to repay loans it obtained from foreign banks for building two expressways.
September 2, 2020 | 09:21 pm PT
Vietnam eyes exports of seven million tons of rice this year

Vietnam eyes exports of seven million tons of rice this year

Vietnam, the world's third largest rice exporter, is likely to ship seven million tons this year, the government says.
June 3, 2020 | 03:30 am PT
HCMC police arrest man for anti-government propaganda

HCMC police arrest man for anti-government propaganda

Ho Chi Minh City police Saturday arrested a man for allegedly making, storing and spreading materials opposing the Vietnamese state.
May 24, 2020 | 08:16 am PT
Saigon man arrested for anti-government propaganda

Saigon man arrested for anti-government propaganda

A former member of Ho Chi Minh City's Party unit was arrested on Thursday for 'dangerous' actions against the Vietnamese government.
November 21, 2019 | 02:03 am PT
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