Shops in apartment buildings have become a unique characteristic of coffee culture in Saigon. If you do not know where to find them yet, here is a list of places to try out. Shibui Concept Shibui Concept is a Japanese-themed coffee shop on Le Lai Street in an old apartment …
Read More »Allow land mortgages for international loans, experts propose
Financial experts have proposed that land use rights be allowed to be mortgaged for international loans, either directly with some restrictions or indirectly through domestic credit institutions. Darryl Dong, principal country officer of the International Finance Corporation (IFC), said at a forum Wednesday that Vietnam currently does not allow enterprises …
Read More »Clean energy firms fear bankruptcy amid low prices
Wind and solar energy developers are concerned they may go bankrupt as the government’s new feed-in tariffs are too low for them to make profits. Some 36 renewable energy developers who did not complete projects in time for recent 20-year incentive feed-in tariffs have asked Prime Minister Pham Minh Chinh …
Read More »Vietnam should improve attractiveness to Asian FDI: experts
Vietnam should up its infrastructure game to attract more Asian foreign direct investment as the European and U.S. economies continue to struggle, according to experts in the field. As Western multinationals are grappling with challenges from macroeconomics and geopolitical tensions, it may be time for Vietnam to focus its efforts …
Read More »Apax Leaders promises refund in November
English teaching center Apax Leaders could start refunding students’ fees in November and plans to soon reopen facilities in Ho Chi Minh City, Apax Holdings has said. Chairman of Apax Holdings, the parent company, Nguyen Ngoc Thuy, apologized to nearly 200 parents of students at a meeting Wednesday afternoon in …
Read More »Providers of pre-activated SIM cards face suspension
The Ministry of Information and Communications has announced that it will suspend network providers found distributing pre-activated SIM cards or cards registered under incorrect personal info. The providers need to publish on their websites a list of authorized salespoints, and they must also ensure that their employees only register subscribers …
Read More »Chinese tourists return to Vietnam
Several Chinese tour groups arrived in Vietnam Wednesday, the day China resumed outbound tours to the country, including a large one of 124 people. The large group came through the Huu Nghi border gate in Lang Son Province. Earlier that day the first group with 38 people arrived through the …
Read More »Number of Chinese tourists to remain modest: travel firms
Though China has started allowing its citizens to travel again to Vietnam, tour companies expect the number of Chinese tourists to remain “modest” amid the global economic slowdown. Nguyen Minh Sang, vice chairman of the Da Nang Travel Association, said there would be no Chinese tour groups to the city …
Read More »World Trade Center Binh Duong promotes innovation in manufacturing
The World Trade Center Binh Duong New City and the Coex Convention and Exhibition Center signed a strategic agreement on March 9 to organize the “Smart Factory and Automation World 2024”. The World Trade Center Binh Duong New City and Coex sign an MOU. Photo by World Trade Center Binh …
Read More »Expat community flocks to Tay Ho for real estate opportunities
Tay Ho has become an increasingly popular residential area among foreigners in Hanoi as the infrastructure and social amenities continue to flourish alongside a diverse range of convenient services. In Ho Chi Minh City, the areas of Phu My Hung and Thao Dien long ago emerged as cultural melting pots …
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