Compared to the previous bracket, which has been applied since 2017, the floor price increased by VND220 and the ceiling price by VND538 per kWh. The bracket of average electricity retail prices has been increased to VND1,826.22 per kWh for the floor price and 2,444.09 for the ceiling price, according to the Prime Minister’s Decision […]
Read MoreThe General Department of Vietnam Customs has set administrative reform targets to simplify customs procedures, including reducing the time for customs clearance and goods release by 10%, reducing the number of batches required for sampling for analysis and assessment by 20%, and applying online processes for all certificates of origin. The above targets were included […]
Read MoreGeopolitics and new technologies are changing the world, opening up new opportunities for Vietnam to develop, if it can grasp them. In 2022, Vietnam obtained a GDP growth rate of 8.02 percent, the highest figure since 2011. However, this achievement was overshadowed by the loss of hundreds of thousands of jobs, factories’ downsizing and temporary […]
Read MoreThe two-year pandemic changed Vietnamese shopping habits and boosted e-commerce. Online sales and livestream sales have attracted many consumers. Facebook posts attract tens of thousands of likes and shares, while many YouTube channels are seen by millions of subscribers. Instead of going directly to shops, consumers now just order products online, from valuable items to […]
Read MoreInvestors tend to target real estate with real value. Products with value of below VND1.5 billion will be the most chosen. Experts believe the Vietnamese real estate market will see signs of recovery in Q2 2023 before it makes considerable recovery in Q3 and even more in Q4. Nguyen Anh Que from the Vietnam Real […]
Read MoreThe Siam Commercial Bank’s Economic Intelligence Center has predicted that these countries will see a momentum in economic growth this year, but it will be less than its growth potential before the COVID-19 pandemic. According to the Thai bank, the rebound will vary across these nations, based on economic fundamentals and risks specific to each country. The […]
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Thailand
