Business

Total revenue from domestic and foreign tourists in the first two months of 2023 reached VND85.6 trillion ($3.6 billion), according to the Vietnam National Administration of Tourism (VNAT). The number of foreign tourists to Vietnam reached nearly 933,000 in February, most of them were from the Republic of Korea, the …

Vietnamese ports charge the lowest cargo loading and unloading fees in Southeast Asia, according to the Vietnam Logistics Business Association. The terminal handling charge (THC) is equivalent to a third of the fees shipping lines collect from cargo owners, the association’s vice president, Le Quang Trung, said at a seminar …

What makes Nguyen Thi Minh’s beef noodle soup different is the topping that nobody else thought of: fried sausages. Thanks to her specialty sausages, Minh’s Saigon shop sells about 300 bowls of soup per day. This popular bun bo Hue (Hue-style beef noodle soup) shop on Phan Xich Long, one …

Competition in exporting durian to China is rising between long-time player Thailand and newbies Vietnam and the Philippines as the world’s largest market for the fruit reopens after Covid. In the southern province of Tien Giang, Nguyen Van Dong has invested VND800 million ($33,649) in growing 200 durian trees that …

Pawnshop chain F88 has received $50 million from two foreign investment funds, Vietnam Oman Investment and Mekong Enterprise Fund IV managed by Mekong Capital. Phung Anh Tuan, chairman and CEO of F88, said that the company will use the funds for developing technology as well as building its brand and …

The Ministry of Planning and Investment has advised HCMC not to tax the second property owned by people as it “does not guarantee fairness in many situations.” It said while the proposed tax is meant to increase the city’s revenues and limit speculation, it could hurt people with two small, …

Vietnam’s benchmark VN-Index dropped 0.28% to 1,037.61 points Thursday. The index closed 2.94 points lower after gaining 15.87 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 23% to VND6.36 trillion ($268.13 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers …

The Ministry of Planning and Investment has advised HCMC not to tax the second property owned by people as it “does not guarantee fairness in many situations.” It said while the proposed tax is meant to increase the city’s revenues and limit speculation, it could hurt people with two small, …

The Da Nang Tax Department has blocked all transactions for a bank account of property developer Trungnam Land as the company owes more than VND445 bilion ($18.8 million) in land use fees and taxes. The company has delayed paying taxes and fees since October last year, said Do Chi Cong, …

Cooking gas prices have fallen by VND16,000 (68 cents) to VND461,000 for a 12-kg cylinder in Ho Chi Minh City and other southern localities as global prices declined. Saigon Petro Co. announced the cut Wednesday after global suppliers brought down average prices by $60 to $730 per ton for March. …