Business

Workers of Power Transmission Company No.1 check substation equipment. — VNA/VNS Photo Huy Hùng  HÀ NỘI — The Ministry of Industry and Trade (MoIT) has issued a directive to Vietnam Electricity (EVN) urging the swift establishment of a two-tier electricity pricing mechanism. As per the ministry’s request, EVN is tasked with …

  Sales in the fourth quarter of 2023 decreased by 37 per cent on quarter and 67 per cent on year to 64 dwellings. VNA/VNS —Photo Minh Nghĩa HÀ NỘI — Hà Nội real estate market in 2023 saw the lowest sales in the villa and townhouse segment in the past …

Prime Minister Pham Minh Chinh has called on investors to bring more capital and cutting-edge technologies to Vietnam. Chinh on Jan. 17 presided over a seminar themed “Vietnam – leading sustainable investment in ASEAN” in Davos as part of his trip to Switzerland to attend the 54th Annual Meeting of …

Empowering businesses with military-grade security with real-time AI threat detection and unified cybersecurity across all devices SINGAPORE – Media OutReach Neswire – 18 January 2024 – Oryon.net, the largest Singapore web hosting and domain name registration provider, is proud to announce the launch of OryonSentinel service — a revolutionary 24/7 …

  Prime Minister Phạm Minh Chính, flanked by Minister of Minister of Planning and Investment Nguyễn Chí Dũng and State Bank Governor Nguyễn Thị Hồng at the talks on potentials and opportunities for financial investment into Việt Nam held in Davos. — VNA/VNS Photo Dương Giang   DAVOS — Prime Minister …

  Nestlé’s Tết campaign with the theme “Wish for Enough is Enough/Will Come True” enables consumers to participate in various activities. — Photo courtesy of agency HCM CITY – Nestlé has rolled out its 2024 Tết campaign with the theme “Wish for Enough is Enough/Will Come True” that encourages consumers to take part. To …

Delays in granting title deeds to foreign apartment owners might prevent investors from infusing Vietnam’s property sector with more money, the European Chamber of Commerce in Vietnam (EuroCham) has said. Foreign buyers who go through the process of meeting all requirements necessary to purchase of an apartment are still left …

Farmers in Central Highlands, Vietnam’s largest coffee-producing region, have experienced a profitable year, with coffee earnings surpassing those of paddy farming by 2-4 times, buoyed by record-breaking coffee bean prices. The price of coffee has escalated to VND70.8-71 million (US$2,885-2,893) per ton, surging from VND70 million last July. Coffee grower …

Delegates attended the ceremony event on Wednesday morning. — Photo dttc.sggp.org.vn HÀ NỘI — FV Hospital is officially a member of Thomson Medical Group after the two sides completed an acquisition deal on Wednesday worth more than VNĐ9 trillion (US$366.7 million). This is considered the biggest M&A deal in the …

Young people will never own a home if wealthy people keep hoarding houses, then leaving them deserted until prices increase. The ratio of house price to income in Vietnam is so excessively high that there is an urgent need for policies to tax second and subsequent properties. Houses left unoccupied …