Business

The Ministry of Finance is considering raising the income threshold for value-added tax for household businesses by 50% to account for inflation. Currently they pay VAT, at 8%, if their annual revenues are VND100 million ($4,100) or higher. This threshold was fixed 10 years ago, and the consumer price index, …

Transactions in the townhouse and villa segments in the south decreased by 92% last year to reach their lowest levels in five years. According to real estate consultancy DKRA Vietnam, most of the transactions occurred in the VND1.9-2.4 billion (US$76,000-96,000) range, and mainly in the first half of the year. …

Staff at MBT Electrical Equipment JSC. — VNS File Photo HÀ NỘI — Việt Nam’s supporting industry needs to advance self-reliance and reduce dependence on imports to improve the value and competitiveness of products in the global value chain. Experts say that Việt Nam’s industrialisation and modernisation strategy for the …

Maltese-flagged Celebrity Solstice with 2,700 tourists became on Sunday the first cruise vessel to visit the imperial city of Hue this year. After arriving on shore the visitors, mostly from the U.K., the U.S. and France visited a number of tourist attractions and tried foods from Hue and neighboring Da …

A consumer shops at Co.op Mart. Greater attention should be paid to developing the domestic market, which helps ensure a firm foundation for the economy. — VNA/VNS Photo Minh Phú HÀ NỘI — Việt Nam needs to apply stronger solutions to boost domestic consumption demand to drive economic growth this …

Carmaker THACO has proposed a circular economy complex for mining and processing bauxite worth VND103 trillion (US$4.1 billion) in Lam Dong Province. The project, called Lam Dong 2 Aluminum Complex, will be carried out in Bao Lam, Da Huoai and Da Teh districts as well as Bao Loc City. It …

Yung C. Ooi now leads the Commercial function for DHL Express Asia Pacific after taking over from Yasmin Khan, who has retired after 23 years at DHL Group Andy Chiang is named the Managing Director for DHL Express Hong Kong & Macau Ji Hun (Michael) Han is appointed Managing Director …

Education provider kickstarts new Software Engineering Nanodegree programme, aimed at bridging skill gaps among professionals with flexible and accessible tech education. SINGAPORE – Media OutReach Newswire – 8 January 2024 – In an era where technological skills are essential, Heicoders Academy is redefining the landscape of technology education in Singapore …

  A view of real estate projects in Hà Nội. 2023 was a difficult year for the Vietnamese real estate market. — VNA/VNS Photo Tuấn Anh Compiled by Vũ Hoa HÀ NỘI — The domestic real estate market is believed to have reached the bottom and is expected to roar …

Customers trade at a jewelry shop in Hà Nội. After many days under strong fluctuation, domestic gold price has become more stable after the issuance of the SBV’s Decision 02/QĐ-NHNN. —Photo vietnambiz.vn HÀ NỘI — The State Bank of Việt Nam (SBV) has issued a new regulation on management of …