Increasing petrol prices caused by the Russia-Ukraine conflict have forced residents in major cities such as Hanoi and Ho Chi Minh City to change their behaviour in order to adapt to the new situation. Residents count cost of latest rises Domestic petrol prices hit all-time high on March 1 when the Government raised retail petrol […]
Read MoreThe petrol price hike, which has led to an increase in nearly all goods and services, from food to medicine to fertilizer, has caused consumers constant anxiety. The domestic retail fuel price was adjusted five times from the beginning of the year to March 2. E5 petrol price increased by VND2,918 per liter compared with […]
Read MoreForeign investment funds all have positive forecasts about the prospects of Vietnam’s economic recovery and stable growth of foreign direct investment (FDI) inflows in 2022. Many foreign investment funds predict that Vietnam will achieve GDP growth of about 7.5% in 2022 or even higher thanks to the expansion of domestic consumption, construction activities, and international […]
Read MoreRising oil prices may lead to Vietnam’s inflation in 2022 rising beyond the 4% target set by the National Assembly. Increasing geopolitical risks and the skyrocketing prices of key global commodities are putting to test the goal of the Government to keep inflation under 4% for this year. The view was shared among experts during […]
Read MoreWhile some people support the Ministry of Finance’s (MOF) plan to tax houses, others warn that taxation is not feasible and this may bring the opposite effect. New taxes will be heaped on existing taxes, Le Hoang Chau, Chair of the HCM City Real Estate Association (HOREA) has warned. Chau said it would be a […]
Read MoreSome advisory bodies have pointed out the medical rules discouraging foreign tourists from coming to Vietnam, stressing that foreign and domestic travellers should receive the same treatment. In their letter sent to the Prime Minister, the National Private Economic Development Research Board under the PM’s Advisory Council for Administrative Procedure Reform and the Tourism Advisory […]
Read More
Thailand
