Rich in history, vibrant in culture and cuisine, with striking landscapes from mountains in the North to beaches along the coast, Vietnam has become one of the favourite destinations in Southeast Asia. In 2019, the country welcomed a record 18 million foreign visitors and generated total revenue of US$32.8 billion (755 trillion dong) from both […]
Read MoreCredit pumping into real estate takes a large share in the total outstanding loans, following by corporate bonds and stock market. High amount of credit channeled into real estate, stock market and corporate bonds continue to cause risks to the banking sector, requiring stronger measures to tighten outstanding loans into these fields. The State Bank […]
Read MoreThe provincial authorities will focus on administrative reform and perfecting legal framework to ensure a transparent and fair business environment. Tra Vinh, a coastal province in the Southeast of the Mekong Delta, is calling for further investment in a range of projects worth a total of over US$1 billion in the fields of industrial sector, […]
Read MoreAirlines noted a higher system administration fee would help airlines raise their services quality, especially in ticket sale system. Local airlines including Vietnam Airlines, Pacific Airlines, Vasco and Bamboo Airways are scheduled to raise their respective system administration fees by VND100,000 (US$4.37) per flight, which will be incorporated into current air ticket fares. Under the […]
Read MoreThe Vietnamese tech company will develop smart cars, homes and cities in the coming time. VinSmart, a subsidiary of the conglomerate Vingroup, will stop developing its business unit of televisions (TVs) and smartphones with the brand name of Vsmart for the Vietnamese market. The business unit no longer brings breakthrough or create differentiated value for […]
Read MoreMany Vietnamese small and medium enterprises are using e-commerce platforms to seek outlet for their products. Chilica, a Vietnamese brand name of chili sauce and fermented ground chili, has not become a familiar products of many Vietnamese families and those in many foreign countries over the world after nearly one year of being sold via […]
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