Sunday , November 24 2024

Business

Business

Durian prices surge as demand from China jumps

Durian prices surge as demand from China jumps

Durian prices have tripled to VND150,000-VND190,000 ($6.40-$8.10) per kilogram at southern farms as demand from China has risen. Khang, a durian trader in the southern city of Can Tho, said that he has not been able to buy enough quantity to sell to domestic buyers, as farmers are only willing …

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HCMC seeks to tax second property

HCMC seeks to tax second property

Ho Chi Minh City has proposed a new tax on second properties and unused properties to limit speculation and utilize limited resources. In a draft decree that is being reviewed by the Ministry of Planning and Investment, Vietnam’s largest city listed two new property taxing options. In the first option, …

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Gasoline retailers want wholesalers’ monopoly scrapped

Gasoline retailers want wholesalers' monopoly scrapped

The government should allow them to buy from three sources just like wholesalers to avoid shortages, a group of 250 gasoline retailers has petitioned. In their urgent petition to the Government Office on Friday, the 250, who run nearly 9,000 gas stations across the country, said existing regulations have caused …

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Lexus recalls 64 cars in Vietnam

Lexus recalls 64 cars in Vietnam

Lexus Vietnam recalled 64 cars, which were manufactured between September 11, 2012 and November 10, 2017, due to possible fuel leaks. The affected cars include 13 GS 200ts, 38 GS 350s and 13 RC 200ts, Lexus Vietnam announced on Thursday. The affected cars are equipped with a fuel vapor capture …

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