Michelin Guide recommends tourists try five common Vietnamese dishes, from rice rolls to noodle bowls, at select locations in Hanoi and Ho Chi Minh City. The Michelin Guide, well-known for its culinary evaluations, says that the diversity of Vietnamese cuisine will surprise both new and familiar faces. In June, Michelin …
Read More »Vietnamese spend $1.3B on Shopee, Lazada, TikTok, Tiki
Vietnam transaction values on online shopping platforms Shopee, Lazada, TikTok Shop and Tiki totaled VND31.9 trillion (US$1.28 billion) in November, according to e-commerce data intelligence platform EcomHeat. EcomHeat, which is provided by the e-commerce intelligence solution company YouNetECI, compiles, processes, and analyzes data from 2.6 million online sellers across the …
Read More »Number of firms established in 2023 record high
Vietnam witnessed the establishment of 159,294 enterprises, marking the highest number ever recorded and a 7.2% increase from 2022, according to the Ministry of Planning and Investment. The figure is 1.2 times the average level for 2017-2022, according to the ministry’s Business Registration Management Agency. Additionally, 2023 saw the resurgence …
Read More »Vietnam Airlines to employ Bamboo Airways’ excess staff
Vietnam Airlines is planning to employ pilots and flight attendants terminated during downsizings at other airlines, including Bamboo Airways, said Le Hong Ha, CEO of the national flag carrier. Vietnam Airlines will consider its resources and employment needs to take in some excess staff who previously worked at domestic airlines, …
Read More »Government extends 2-point VAT cut until mid-2024
The cut in value-added tax from 10% to 8% will remain in force through the first half of next year for most industries, according to a new government decree. Telecommunications, finance-banking, securities, insurance, real estate, metal and metal products, and mining (excluding coal) will not enjoy the tax cut. Business …
Read More »Dollar drops slightly on black market
The U.S. dollar declined against the Vietnamese dong on the black market Saturday morning. Unofficial exchange points sold the greenback at VND24,770, down 0.20%. Vietcombank maintained it at VND24,420. The State Bank of Vietnam lowered its reference rate by 0.16% to VND23,866. It has increased by 2.91% since the beginning …
Read More »Vietnamese spend US$1.3B on Shopee, Lazada, TikTok, Tiki
Vietnam transaction values on online shopping platforms Shopee, Lazada, TikTok Shop and Tiki totaled VND31.9 trillion (US$1.28 billion) in November, according to e-commerce data intelligence platform EcomHeat. EcomHeat, which is provided by the e-commerce intelligence solution company YouNetECI, compiles, processes, and analyzes data from 2.6 million online sellers across the …
Read More »Link to Growth: investment opportunities leading up to the Lunar New Year
HÀ NỘI — On the night of December 28, in Phủ Lý City, Hà Nam Province, the Hanoi Promotion Agency (HPA) orchestrated the grand opening of an exhibition space. This space is a part of the Link to Growth events, and serves to spotlight and introduce the vast potential and …
Read More »Gold prices tumble
Saigon Jewelry Company (SJC) gold price dropped 2.63% to VND74 million ($3,049.04) per tael Saturday morning. Gold ring price fell 0.32% to VND63.05 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices held steady on Friday as they headed towards the end of their best …
Read More »Central bank ready to increase gold bullion supply
The State Bank of Vietnam is ready to increase gold supply to stabilize the market, the head of its foreign currency department has said. “We are ready to intervene to stabilize the market with an increase in the supply of Saigon Jewelry Company (SJC) gold bars,” Dao Xuan Tan said. …
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