Business

The government has issued a decree to defer the special consumption tax payable by automakers until November. Payment of the tax for June-September has been put off until November 20. This is the fourth such deferment since 2020 to helps automakers overcome challenges amid tightened spending and economic woes. Last …

The U.S. dollar fell slightly against the Vietnamese dong on the black market Thursday morning. Unofficial exchange points sold the greenback at VND23,610, down 0.04% from Wednesday. Techcombank lowered its rate by 0.04% to VND23,670. Other banks kept the exchange rate stable. Vietcombank sold the dollar at VND23,680, and Eximbank …

Innovative AI, EV Solution, Green Energy, Next Communication, Semiconductor and Robotics Technology Opens Gateway To Collaborative Synergies SINGAPORE – Media OutReach Newswire – 7 December 2023 – The world needs innovators. The 17 Sustainable Development Goals established by the United Nations and 14 Grand Challenges for Engineering in the 21st …

Prudential Vietnam and Vietnam International Bank have extended their strategic partnership, which aims to ensure the healthy and sustainable development of the bancassurance industry in Vietnam. Commenting on the partnership, Phuong Tien Minh, CEO of Prudential Vietnam, said: “The life insurance market in Vietnam is still young at 25 years, …

Lender LPBank, formerly LienVietPostBank, has named Ho Nam Tien its new CEO. Tien, 52, has been with the bank since 2010 and has 30 years of experience in the financial and banking sector, including in senior positions at several companies. He replaces Pham Doan Son, who resigned as CEO in …

Two taxi companies have been suspended from HCMC’s Tan Son Nhat International Airport after their vehicles were found to have tampered meters that showed 10 times higher fares. Saigon Taxi and Sai Gon Tourist Transportation has been prohibited indefinitely from picking up and dropping off passengers, according to airport officials. …

Hanoi is set to review an urban project that has failed to clear land for construction for almost 20 years. The project in Chi Dong, Me Linh District has only completed clearing land in 25 out of 70 hectares, and this has caused major impact on local residents’ lives for …

33 remarkable building projects across Asia Pacific recognised HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – The most prestigious awards that celebrate excellence and innovation in Asia’s real estate sector, MIPIM Asia 2023 Awards reveals and presents winners of the year at the MIPIM Asia Gala …

Exports of vegetables and fruits are estimated to have surged 63% year-on-year in the first six months to nearly $2.8 billion, or 90% of last year’s total. In this month alone, the increase was 79% to $723 million, thanks to large contribution of durian and dragon fruit, according to the …

Oshima Hideki, the former deputy CEO of Japan Airlines, has been appointed chairman of Vietnam’s Bamboo Airways for the 2023-2028 period. He is among seven new directors of the airline, according to decisions made at the company’s general meeting on Wednesday. Hideki has nearly 40 years of experience in the …