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Major US companies laud Vietnam as strategic market
A large delegation of big U.S. businesses – including Boeing, Meta and SpaceX – has said it regards Vietnam as a strategic market and supports the government’s digital and green transformation goals.
Vietnam to reduce unofficial exports over land borders
Vietnam will begin reducing its unofficial exports in 2025 to prevent congestion at land borders, especially with China, according to a draft government decree.
Vietnam seeks new investor incentives as cross-border tax rules loom
Vietnam has set up a special panel to find ways to stay competitive for investors when new OECD cross-border tax rules take effect, its central bank said on Tuesday, amid concerns it could negate the benefits of its current tax incentives.
March 21, 2023 | 07:17 pm PT
Japanese retailers expand in Vietnam, targeting affluent
Targeting consumers not much affected by the difficult economic situation, Japanese retailers are opening more stores in Vietnam.
March 21, 2023 | 03:29 pm PT
US companies show ‘remarkable’ commitment to Vietnam: Ambassador
American companies including Boeing, Meta and Netflix have demonstrated “remarkable” commitment in Vietnam by seeking local investment opportunities, said the U.S. Ambassador.
March 21, 2023 | 06:22 am PT
Gasoline prices dive to 2-month low
Gasoline prices fell to the lowest since Jan. 11 on Tuesday afternoon, while diesel continued to decline.
March 21, 2023 | 03:08 am PT
‘Pay with Pi’ shop pops up on Shopee
A cosmetics vendor that accepts payment with Pi cryptocurrency – even though it is not recognized as a legal tender in Vietnam – caused a stir on social media before quickly disappearing.
March 20, 2023 | 11:49 pm PT
Factories find ways to deal with decreasing exports
Finding new and niche markets is among the means by which factories are coping with the fall in export orders.
March 20, 2023 | 08:05 pm PT
Agricultural exports to newly opened China surge
Traders are busy buying the best quality durian, jackfruit, cassava, and cashew nut possible to export to China, whose demand seems to be insatiable.
March 20, 2023 | 03:06 pm PT
Foreign businesses want work permit procedures simplified
Representatives of South Korean, European and American businesses in Vietnam are complaining that they’re struggling to obtain work permits for their foreign employees due to inconsistent and vague regulations.
March 20, 2023 | 02:05 am PT
EuroCham Vietnam has new chairman
Gabor Fluit, Director of De Heus Asia, has been elected Chairman of the European Chamber of Commerce (EuroCham) in Vietnam.
March 20, 2023 | 05:01 am PT
VN-Index plunges with no blue chip in green
Vietnam’s benchmark VN-Index dropped 2.11 percent to 1,023.1 points Monday with 28 blue chips losing and two unchanged.
March 20, 2023 | 02:04 am PT
Prime minister says state-owned giants not working hard enough
Vietnam’s 19 top state-owned corporations made collective VND83.17 trillion (US$3.526 billion) in pre-tax profits last year, but Prime Minister Pham Minh Chinh called the amount low given their hefty resources.
March 18, 2023 | 08:31 pm PT
SpaceX, Netflix, Boeing to join 'biggest-ever' US business mission to Vietnam
SpaceX, Netflix and Boeing are among the companies joining the "biggest-ever" U.S. business mission to Vietnam next week to discuss investment and sales opportunities in the booming Southeast Asian nation, the organizer said.
March 16, 2023 | 09:17 pm PT
Japanese-Vietnamese developers want to begin work on Hanoi smart city in 2023
Japanese trading company Sumitomo Corp and Vietnamese real estate developer BRG Group hope to start work on a US$4.2-billion smart city in Hanoi this year.
March 16, 2023 | 08:39 pm PT
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