Business

Ho Chi Minh City’s economy has failed to fully recover from the pandemic and faced a slew of newer challenges, Prime Minister Pham Minh Chinh said. “HCMC is the economic locomotive of the country both in terms of tangibles such as GRDP and budget revenue, and in terms of invisibles …

VinFast, a member of Vietnamese private conglomerate Vingroup on April 15 announced that it would export 1,800 VF 8 electric cars to the U.S. and Canada. The cars is expected to depart in the next few days, announced VinFast. As planned, the cars will be sold in the U.S. in …

The prices of iPhone 14 in Vietnam, which are already among the lowest in the world, will continue decreasing in the coming time, market observers said. “In April, Apple authorized resellers will have to import a new batch of iPhones according to their commitments to Apple. To lower inventory, slashing …

A kilogram of Vietnamese durian currently sells for $17-18 in Japanese supermarkets, double last year’s price due to higher import costs and more demand than supply. Nguyen Phi Thoan, CEO of JV Solution, which specializes in supplying fresh fruit to Japan, said his company sometimes lacks durian – which is …

No beachfront villas or condotels were sold in the year’s first quarter in the central province of Khanh Hoa, according to its Department of Construction. In the period 3,878 properties, comprising 2,935 plots of land, 68 apartments and 875 townhouses and villas were sold. The transactions added up to VND1.613 …

Auto sales rose for a second straight month in March but first quarter numbers were down year-on-year amid tightened spending. Members of the Vietnam Automobile Manufacturers Association (VAMA) reported a rise of nearly 25% in sales to 30,038 units last month. For the first three months sales were down 22% …

Foodies in Ho Chi Minh City have been enjoying a unique square noodle dish with pork intestines and pickles at a small eatery for the past 68 years. Located in Ho Chi Minh City’s District 8, the noodle shop serves an unusual Chinese-style square noodle called hu tieu ho. Do …

Southern land sales plunged by more than 90% in the first quarter as buyers were reluctant to make purchases in an unfavorable market. Land sales plunged 94% year-on-year in the economic hubs of Ho Chi Minh City, Dong Nai, Binh Duong and Long An, according to a report by property …

Italy has been named the destination with most pickpocketing mentions in Europe, followed by France, according to a new report by British insurance comparison website Quotezone. The list was based on the proportion of pickpocketing mentions in visitor reviews of a country’s top five tourist attractions on the world’s largest …

The government has extended the payment deadlines for value-added and income taxes and land rents for a fifth time to support the economy amid the global headwinds. Extensions of three to six months will be given for VAT incurred between March and August. Priority sectors such as agriculture, forestry, seafood, …