Business

Getting a work permit for foreign workers in Vietnam is too arduous and takes months, European firms have complained. At a meeting between the European Chamber of Commerce in Vietnam (EuroCham) and the Ho Chi Minh City administration on Tuesday the business group said since the government’s Decree 152 took …

Vietnam and Japan’s established trade pacts and longstanding mutual trust create a host of potential partnerships, said Prime Minister Pham Minh Chinh. Speaking at the Vietnam-Japan High-Level Economic Conference on Tuesday in Hanoi in celebration of 50 years of bilateral diplomatic ties, Chinh urged Japanese companies to expand their investment …

Real estate firms in Vietnam are laying off a growing number of employees due to a stagnant property market. Hoang, a legal officer at a real estate company in Ho Chi Minh City, said four out of five people in his office have left the firm, so he is doing …

The price of MacBook Pro 2021 laptops has decreased by 11.2 % leading into the launch of the new model next week. Apple authorized resellers in Vietnam said a MacBook Pro 2021 sells for VND42.9 million ($1,813), down 11.2% since January and 18.9% from December 2021 when it was officially …

Gasoline retailers say they are being “forced” to sell despite losses of up to trillions of Vietnamese dong ($42.28 million), as the government has not allowed them to shut up shop. “At first we thought the disruption was short-term, but now it has lasted for over a year,” said Giang …

Vietnam’s benchmark VN-Index rose 1.04% to 1037.84 points Tuesday, with foreign investors net buying for the first time in 14 sessions. The index closed 10.66 points higher after gaining 2.41 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 21.15% to VND8.25 trillion ($348.98 million). …

A South Korean tourist who had gone missing inside Bidoup Nui Ba National Park in the Central Highlands province of Lam Dong on Monday has been found. The man’s health is in a stable condition and he only suffered some scratches on his hands, police said on Tuesday as cited …

The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders. The 2023 Asia-Pacific Investor Intentions Survey released recently by CBRE Vietnam showed that Ho Chi Minh City and Hanoi are among top 10 most attractive destinations for trans-border …

Apple has launched a section on its App Store in Vietnam dedicated to female Vietnamese developers and creators ahead of International Women’s Day on March 8. On Monday iPhone users in Vietnam began seeing a section on the Apple web site titled “Made By Vietnamese Women.” The section featured 18 …

Pham Nhat Vuong, Vietnam’s richest man, has established GSM, an all-electric taxi operator with a charter capital of VND3 trillion ($126.85 million). Vuong, who is also the chairman of Vingroup, owns a 95% stake in the company. GSM, which stands for “Green, Smart and Mobility,” will launch its taxi services …