Experts said Vietnam should be confident in reopening international tourism from March 15 and don’t need to worry about infections from foreign tourists. Tran Dac Phu, a senior advisor at Public Health Emergency Operations Center under the Health Ministry, said Vietnam has recorded over 5 million Covid cases, of which …
Read More »VN-Index likely to hit the peak of 1,535 points again in March: Yuanta
A woman watches market movements on her computer. Photo baodautu.vn HÀ NỘI — In its latest market report, Yuanta Securities Vietnam said that the country’s economic background in February showed a positive recovery momentum. Although registered FDI capital in the first two months of the year decreased slightly, the prospects are good for …
Read More »HCM City promised laser focus on collecting taxes
Some major fiscal policies meant to boost economic recovery will affect the city’s tax revenues in the coming time. — VNA/VnExpress News Photo HCM CITY — HCM City’s tax revenues rose in the first two months of the year as the economy showed signs of recovery. But policies to boost economic recovery that are being implemented will …
Read More »VN-Index dips to 7-week low
Vietnam’s benchmark VN-Index dropped 0.85 percent to 1,466.54 points Friday, lowest in seven weeks, with most blue chip stocks closing in the red. The index stayed in the red throughout the day and closed 12.5 points lower after gaining over five points in the last two sessions. It is now …
Read More »Viet Lotus invests in start-up Newee
Representatives of Viet Lotus and Newee sign the investment agreement. — VNA/VnExpress News Photo HCM CITY — Viet Lotus announced its investment in start-up Newee, an online seller development platform in HCM City on Thursday. Established at the end of 2020, Newee acts as an intermediary to help businesses expand sales …
Read More »Health ministry proposes scrapping vaccination certificate for foreign entrants
The Ministry of Health is seeking opinions for its proposal that foreigners entering Vietnam don’t need to furnish a Covid-19 vaccination or recovery certificate. Under the ministry’s draft plan, those entering by air only have to present a negative Covid test result using the RT-PCR method within 72 hours before …
Read More »Petrol prices surge again, nearing VNĐ30,000 per litre
People filling their bikes in Hà Nội. As of Friday, gas price is nearing VNĐ30,000 per litre. VGP Photo HÀ NỘI — Petrol prices continued to climb, nearing the VND30,000 per litre mark. As of 3pm Friday, E5RON92 gas has reached VND28,980 per litre, a VNĐ2,910 increase from the …
Read More »Finance ministry sees wisdom of halving gasoline environment tax
The Ministry of Finance now wants to halve the environment tax on fuel as many others have suggested. If the government approves the proposal, from next month the tax will be reduced from VND4,000 ($0.18) to VND2,000 per liter on gasoline and from VND2,000 to VND1,000 on diesel. The ministry …
Read More »Gasoline pumps crowded as people seek to beat price hike
People are rushing to pumps to buy gasoline since retail prices are expected to be hiked on Friday afternoon. Nguyen Thi Kieu Trinh, a housewife in HCMC’s District 3, queued in line for 15 minutes at a gas station on Nguyen Dinh Chieu Street to fill her up her motorbike …
Read More »Auto sales soar 34 pct in first two months
Vietnam’s auto sales in the first two months surged 34 percent year-on-year to 53,544 units with four out of five top brands posting a double-digit increase. Passenger cars accounted for nearly 80 percent of sales and increased by 42 percent year-on-year to 42,820 units, according to data from Vietnam Automobile …
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