Business

Vietnam climbed eight places against 2019 in the biennial travel and tourism development index, making it one of the world’s three biggest improvers along with Indonesia and Saudi Arabia. Vietnam gained an overall score of 4.1 out of seven points, rising by 4.7 percent to leap from 60th in 2019 …

Apple could make its wireless earphone, AirPods Pro 2, in Vietnam this year as it seeks to expand production outside China amid strict Covid-19 policies there, according to reports. Supply chain analyst Ming-Chi Kuo tweeted Tuesday that the new AirPods would be mass produced in Vietnam from the second half …

Vietnam’s budget deficit widened by 34 percent in 2020 but remained within the limit set by the National Assembly, Minister of Finance Ho Duc Phoc has said. Revenues were VND2.28 quadrillion and spending was VND2.53 trillion, resulting in a VND216.4 trillion ($9.3 billion) deficit, or around 3.44 percent of GDP. …

  The event will include a jobs fair and workshops with major Nordic companies including Tetra Pak, Home Credit, Novo Nordisk, IKEA, and Esoft. — Photo courtesy of NordCham HCM CITY — Nordic companies and business leaders will gather for a conference to be held in HCM City on June 1, aiming to promote inclusive and sustainable business practices. Named ‘Work …

  Delegates attended to the factory’s groundbreaking ceremony. — Photo baodautu.vn BÌNH ĐỊNH — Kurz International Holdings GMBH from Germany held a groundbreaking ceremony to build a thin-film factory at the Becamex Việt Nam-Singapore Industrial Park (VSIP) in the south central province of Bình Định on Tuesday. Kurz International is the first European investor to invest in the …

  A customer buys medicine at a Pharmacity store. The mass opening of new pharmacy chains is expected to boost the pharmaceutical industry’s revenue in the next few years. Photo the courtesy of Pharmacity HÀ NỘI The pharmaceutical industry is growing steadily because input costs are stable compared to other industries …

  This is the fifth time VIB’s application has received an award from The Asset. — Photo courtesy of VIB. HÀ NỘI — The Vietnam International Bank’s MyVIB has been recognised as the best mobile banking application in Vietnam by The Asset magazine at the Asset Triple A Digital Awards 2022. …

Facebook parent Meta will charge a 5 percent value added tax on all Vietnamese advertisements starting June 1 after assuring the government it will fulfill its tax obligations. Meta executives last week told Prime Minister Pham Minh Chinh that the company would register and pay tax as a foreign contractor …

Industrial land rent in Ho Chi Minh City have surged to a record high of $198 per square meter per term, leading all localities, with an occupancy of 90 percent. It was followed by Hanoi at $140, and Da Nang City at $80, according to a report by real estate …

  A press conference to introduce the Việt Nam Dairy 2022 was held in the capital city on Tuesday. — Photo provided by the event’s organisers  HÀ NỘI — The third Việt Nam International Milk and Dairy Products Exhibition (Việt Nam Dairy 2022) will take place at the Hà Nội International Exhibition Centre from May 31 …