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No affordable apartments launched in HCMC

No affordable apartments launched in HCMC

No affordable apartments were launched in HCMC in October, while the high-end segment dominates new supply, showing an imbalance in the market.
Extend incentive price deadline for wind power projects: industry insiders

Extend incentive price deadline for wind power projects: industry insiders

Extending the incentive price deadline to include more wind power projects will encourage developers to contribute more to Vietnam’s renewable energy industry, insiders say.
December 02, 2021 | 08:48 pm GMT+7
Car registration surges 10-fold with fee cut

Car registration surges 10-fold with fee cut

Car registration demand rose nearly 10-fold Wednesday as buyers sought to take advantage of a 50-percent fee discount to boost local production.
December 02, 2021 | 05:15 pm GMT+7
Vietnam targets 75 pct energy from renewables by 2045

Vietnam targets 75 pct energy from renewables by 2045

Vietnam plans to have renewables account for 75 percent of national power production capacity and 70 percent of actual production by 2045 under its COP 26 commitments.
December 01, 2021 | 09:07 pm GMT+7
Car demand up following news of registration fee cut

Car demand up following news of registration fee cut

Car dealers have seen the number of customers triple after a 50 percent registration fee discount for locally assembled cars was announced last week.
December 01, 2021 | 10:11 am GMT+7
Smartphone sales plunge 28 pct

Smartphone sales plunge 28 pct

Smartphone sales in Vietnam plunged 28 percent year-on-year in the third quarter as shops were shut and mobility restrictions blocked deliveries.
November 30, 2021 | 07:30 pm GMT+7
Policy ‘gaps’ hold back renewable energy development

Policy ‘gaps’ hold back renewable energy development

Policy ‘gaps’ in transmission capacity development and feed-in tariffs are hampering the advancement of Vietnam’s renewable energy industry, which raises the need for more streamlined and effective growth strategies.
November 29, 2021 | 05:45 pm GMT+7
North to face power shortage next year: EVN

North to face power shortage next year: EVN

The northern region will face power shortages of 1,500-2,400 MW in 2022 during peak hours and extreme weather, Vietnam Electricity has warned.
November 27, 2021 | 10:43 am GMT+7
HCMC eateries tweak business models as customers remain wary of Covid

HCMC eateries tweak business models as customers remain wary of Covid

Food and beverage businesses in HCMC are changing their business models to focus on delivery and takeaway and reducing prices to adapt to the new situation.
November 26, 2021 | 08:30 pm GMT+7
Finance ministry eyes 50 pct cut in jet fuel tax

Finance ministry eyes 50 pct cut in jet fuel tax

The Ministry of Finance plans to halve tax on jet fuel for the whole of next year to help the Covid-19-stricken aviation industry recover.
November 26, 2021 | 12:56 pm GMT+7
Vietnam shipping company begins service to Malaysia, India

Vietnam shipping company begins service to Malaysia, India

The Vietnam Maritime Corporation has launched a container shipping route to Malaysia and India.
November 25, 2021 | 06:00 pm GMT+7
Demand for industrial lands sluggish

Demand for industrial lands sluggish

Industrial land rentals are rising slower this year than in the last three years as Covid-19 restrictions slow investors’ anticipated relocation from China, Savills Vietnam said.
November 23, 2021 | 01:00 pm GMT+7
Personal deposits down across banking sector

Personal deposits down across banking sector

Personal bank deposits were nearly VND5,292 trillion (some $230 billion) by late September, down roughly VND1.5 trillion against late August, according to the central bank.
November 22, 2021 | 09:30 pm GMT+7
Car imports surge

Car imports surge

The number of imported cars in Vietnam rose 61 percent to 129,733 units in the first 10 months this year.
November 22, 2021 | 02:37 pm GMT+7
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