Business

Thailand’s cabinet has approved a tax cut on alcoholic beverages and entertainment venues to boost tourism, a government spokesperson said on Tuesday. Taxes on wine will be reduced from 10% to 5% and on spirits from 10% to zero, Chai Wacharonke told reporters, adding that excise tax on entertainment venues …

  36MW Sông Lô Hydropower Plant in the northern province of Tuyên Quang. VNA/VNS Photo Vũ Quang HÀ NỘI – It is highly unlikely that electricity prices will go down given the current demand, said Nguyễn Anh Tuấn, director-general of Vietnam Electricity (EVN), during a conference organised by EVN yesterday in …

HÀ NỘI — King Long NOVA EURO 5 Bus, which comes in two versions, 29 seats and 34 seats, is assembled at its plant in the Hòa Khánh Industrial Zone in Đà Nẵng City. The bus has been transformed with better specifications and features for better mobility and superior riding comfort …

Shopee e-commerce floor. — Photo vietnamplus.vn HÀ NỘI — Revenue from e-commerce for domestic organisations and individuals reached VNĐ536.5 billion (US$22.35 million) this year, reported the General Department of Taxation (GDT). Tax authorities also collected and handled violations of about VNĐ275 billion from 179 businesses and 1,061 individuals doing business …

Air carriers said they are prepared for busy end-of-year holiday travel as the 2024 Lunar New Year (Tet) is approaching. Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines, and Vietnam Air Services Company (VASCO), plans to fly up to 2.1 million passengers between Jan. 25 and Feb. 24, with nearly …

Clients come for transactions at an office of Vietcombank in Hà Nội. Shares of the lender surged nearly 4 per cent on Tuesday, leading the market’s bullish trend. — VNA/VNS Photo HÀ NỘI — Benchmark indices were mixed as the domestic market reopened after the New Year holiday. On the …

Prime Minister Phạm Minh Chính visited a Ford Việt Nam automobile assembly plant in Hải Dương Province earlier last year. — VNA/VNS Photo Dương Giang HẢI DƯƠNG — The northern province of Hải Dương this year will continue to attract large domestic and foreign investors who have sufficient financial and …

The government plans to turn the Central Highlands resort city Da Lat into one of Southeast Asia’s leading tourism centers with “high-quality nightlife activities.” Under a government-approved plan for the period 2021-2030 with a vision towards 2050, Da Lat, the capital of Lam Dong Province, will focus on developing modern …

  Headquarters of the State Bank of Vietnam (SBV). The SBV has directed commercial banks, gold trading companies, and payment intermediary companies to focus on strengthening customer identification and, if there are any unusual signs, they must report to the SBV’s Department of Anti-Money Laundering. Photo sbv.gov.vn HÀ NỘI — The …

Retirement investment should start early but should not be rushed as it is important to clearly determine the timing and goals before investing, said an expert. Question from reader Minh Hang: I am 30 years old, unmarried, and currently working as a KOC (Key Opinion Consumer) – people with a …