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VN company opens up a 4-star hotel in Siem Reap

Vietnamese hospitality company TTC Group announced on Sunday that it has opened a hotel in Siem Reap, its first outside Vietnam, in a move sector insiders believe will lead to increasing numbers of tourists from that country. The TTC Group’s subsidiary in Cambodia operates the TTC Hotel Premium-Angkor, a four-star hotel consisting of 84 rooms […]

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Vietnam: New regulations drafted for market price data reporting

The Hanoitimes – The Ministry of Finance (MoF) is drafting a circular on collecting and reporting market prices in a move to standardize the information and better control the country’s inflation. The list of commodities and services subjected to the newly-recommended market price reporting regime includes essential commodities that can represent groups of goods and services […]

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Vietnam: New regulations to stop temporary import frauds

The Hanoitimes – The government recently issued a new merchandizing decree regulating the temporary import and re-export of goods in a move to protect legal interests of domestic producers against violation cases. Under Decree No. 69/2018/ND-CP, which details a number of articles of the Law on Foreign Trade Management, commodities that temporarily import to Vietnam for […]

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Vietnam’s foreign reserves hit $64 billion

The Hanoitimes – Vietnam’s foreign reserves has surged by 130 percent to nearly US$64 billion in the past two-and-a-half years, Prime Minister Nguyen Xuan Phuc said. At a recent group meeting of the National Assembly on socio-economic affairs, Phuc said the exchange rate has been also stable and inflation has kept under control. Experts attributed the […]

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Vietnam: Over 9,000 companies use e-invoice

The Hanoitimes – Vietnam currently has more than 9,000 enterprises using e-invoice, a significant rise compared to the roughly 800 enterprises in 2016, data from the General Department of Taxation (GDT) showed. The enterprises announced that they issued and used more than 600 million e-invoices, which had no tax authority code, last year, the department reported. […]

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