Business

The Malaysian government has announced it plans to relax requirements of its 10-year visa program following a 90% drop in the number of applicants. The application process for the Malaysia My Second Home (MM2H) program “will be made more flexible,” Malaysian tourism, arts and culture minister Tiong King Sing said …

Brunch is more than just a meal, it’s a way to enjoy the best of both worlds: breakfast and lunch. Let us show you some of the Saigon’s top brunch places with yummy morning treats. Cafe Marcel If you are looking for a brunch spot in Saigon that offers breakfast …

The government will provide solutions and support to help investors and new projects if the proposed global minimum tax is applied. The global minimum tax was agreed upon by G7 member states in June 2021 to prevent multinational corporation tax-evasion. However, Vietnam analysts worry the additional taxation would deter in …

Cambodia’s Prime Minister Hun Sen called to ban water guns after a foreign tourist suffered an eye injury during last week’s Khmer New Year festivities. “I saw on social media that one foreigner was injured by water guns during the Khmer New Year. Don’t play this game,” he said. “Water …

Businesses find the cost of meeting new fire safety standards exceed that of building a new factory since many of the prescribed materials have to be imported. Tran Van Hung, the chairman of Tan Thanh Container Corp, which manufactures, sells and leases containers, said the cost of building a new …

The HCMC Lottery Company targets annual growth of 8% in 2021-25, and eyes revenues of VND12.2 trillion (US$519 million) and profits of VND1.6 trillion at the end of the period. Besides financial targets, the company also plans to innovate ticket printing technology, improve its products and expand the market for …

VinFast, an electric vehicle maker of Vietnamese conglomerate Vingroup, handed over the first VF 5 Plus cars to customers on Friday. As the most economical model in VinFast’s lineup, with price of VND458 million ($19,500), VinFast VF 5 Plus aims to rapidly increase the popularity of smart electric vehicles (EVs) …

MSB’s attempt to buy out an unidentified bank has been thwarted by shareholders. Only 56% of shareholders voted in favor of the buyout, lower than the 65% requirement, at the company’s annual general meeting Friday. MSB did not identify the targeted lender, merely presenting a plan to buy a bank …

Contractor staffing outsourcing services from Persolkelly Vietnam help businesses solve HR issues while optimizing budgets and operating costs. Established in 2016 as a joint-venture between Persol Holdings Ltd (Japan) and Kelly Services Ltd (U.S.), Persolkelly is a leading workforce solutions provider in the Asia-Pacific region, operating 45 offices across 13 …

The price of Vietnam’s best-selling gasoline RON 95-III fell VND610 to VND23,630 ($1) per liter on Friday, while E5 RON 92 prices dropped VND490 to VND22,680. Meanwhile, the price of diesel fell by VND750 to VND19,390. Kerosene prices dropped VND250 to VND19,480, while mazut oil prices rose VND650 to VND15,840. …