VietNamNet Bridge – If the luxury tax on domestically made car parts is removed, production costs could be considerably lower and the low-cost car dreams would be within reach. A source told VietNamNet that the Ministry of Finance (MOF) has sent a document to the PM on luxury taxes on domestically-made cars with fewer than […]
Read MoreThe Hanoitimes – Although remaining above the 50.0 no-change mark, the index has now fallen for three months in a row. The latest month saw a continued lack of inflationary pressure in the sector. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ index (PMI) posted 51.2 in February, down from 51.9 in January and was the lowest […]
Read MoreVIETNAM is listed among nine countries where the US dollar is strongest this year, according to a report from Smart Travel. According to the 2019 Backpacker Index of Smart Travel, a participant in the Amazon Services LLC Associates Program, Hanoi and Ho Chi Minh City are named as the top two most affordable cities to […]
Read MoreThe Hanoitimes – Vietnam’s airlines are expanding their fleets and demand for air travel in Vietnam is also expected to climb. Vietnam’s carriers VietJet and Bamboo Airways signed agreements worth total US$15.6 billion with US aircraft manufacturer Boeing on February 27 during US President Donald Trump’s visit to Hanoi. On the sidelines of the Trump-Kim summit, […]
Read MoreNational carrier Vietnam Airlines and Cambodia’s Ministry of Tourism signed a tourism development co-operation agreement in Phnom Penh, Cambodia on Tuesday that runs through 2021. The signing ceremony took place under the witness of Cambodian Prime Minister Samdech Techo Hun Sen and General Secretary and President Nguyen Phu Trong, who ended his two-day working visit to […]
Read MoreAEON Financial Service (AFS) Co Ltd, the owner of Japan’s Aeon retail chain, wants to expand its financial services in Vietnam through merger and acquisitions, said AFS Chairman Masaki Suzuki. In a meeting with Deputy Prime Minister Vuong Dinh Hue in Hanoi on Monday, the AFS leader pledged long-term investment in Vietnam to contribute to […]
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