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Vietnam ranks among top 10 aviation markets worldwide

After serving over one million passengers last week the nation is now among the world’s top ten aviation markets, according to the latest statistics released by OAG, a global travel data provider based in the UK. The Vietnamese aviation market recorded growth of 117,000 passengers over the latest week, reaching a total of 1,072,977 passengers […]

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Compliance cost for tax payment lowest among administrative procedures in Vietnam

Lower compliance cost for administrative procedures ensure a healthy and transparent business environment, while creating the foundation for enterprises’ development, Minister and Chairman of the Government Office Mai Tien Dung has said. To realize taxation procedures, enterprises in Vietnam have to spend an average of 3.8 hours and VND267,000 (US$11.5), the lowest compliance cost among […]

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Vietnam: Mobile Money users may be charged: authority

Customers using Mobile Money, a freshly-approved pilot project, may be charged a certain fee, according to the Vietnam Telecommunications Authority under the Ministry of Information and Communications. The amount of the fee will be considered by service providers taking into account the low-value payments made through the service to encourage users, particularly those in rural […]

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Vietnam: Retailers enduring mixed bag of results

While a number of brands are fading away in the Vietnamese retail landscape, others have stepped up their game to expand their market share. After 22 years of operating in Vietnam, in early March, leading Thai retail group Central Retail officially announced the removal of the Big C brand, renaming its stores to GO! or […]

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