The Long An branch of the Korean Chamber of Commerce and Industry (KOCHAM) makes debut at the meeting. — VNA/VnExpress News Photo Bùi Giang LONG AN — The Republic of Korea (RoK) wishes to invest in building an industrial park for Korean firms with an area of 50 hectares and set up …
Read More »Vietnamese products expected to penetrate deeply into Japan’s retail system
Pavilions at the Foodex Japan 2022. — VNA/VnExpress News Photo Đào Thanh Tùng TOKYO — Vietnamese enterprises are showcasing their products at “Foodex Japan 2022,” the 47th edition of a leading food and beverage exhibition in Japan that opened on March 8. Apart from Việt Nam, this year’s exhibition, first held …
Read More »VCCI proposes changes to tax policies
VAT cuts announcement at a Big C centre. The cuts took effect from February 1 to December 31, 2022. — Photo cafebiz.vn HÀ NỘI — The Vietnam Chamber of Commerce and Industry (VCCI) recently sent an official dispatch to the Ministry of Finance, suggesting changes to tax policies. Regarding value-added …
Read More »PNJ likely to benefit from high inventories and rising gold price
Workers preparing products at a PNJ store. Photo courtesy of PNJ HÀ NỘI — The recent tension between Russia and Ukraine has boosted the prices of many commodities, including gold. The spot gold price was US$2,019.6 an ounce at 14:30 local time on Tuesday. The metal hit the $2,000 mark, an all-time …
Read More »Russia-Ukraine conflict expected to greatly impact seaport enterprises
Loading containers on a boat at Hải Phòng Port. — VNA/VnExpress News Photo An Đăng HÀ NỘI — Rising international oil prices, due to tensions in Ukraine, will have a great impact on the shipping industry as input costs increase in tandem. Experts predict that the Russian-Ukrainian tensions will have …
Read More »Production links to boost seaweed farming in Vietnam: experts
Grape seaweed was first cultivated in the south-central province of Khánh Hòa in 2004. — Photo vneconomy.vn KHÁNH HÒA — With a diverse marine ecosystem, Việt Nam has favourable conditions for seaweed farming, which, however, have yet to be fully tapped. To boost seaweed farming effectively and sustainably, experts have …
Read More »PetroVietnam pumps 1.78 million tonnes of oil in 2 months
An offshore project of PetroVietnam. —Photo PVN HÀ NỘI — The Vietnam Oil and Gas Group (PetroVietnam) has reported that its oil output reached 1.78 million tonnes in the first two months of this year, surpassing the set target by 24 per cent. The group’s revenue in January and February …
Read More »Travel firms tense as tourism resumption plan remains incomplete
With barely a week to go before the full resumption of international tourism announced by the government, visa policies and entry restrictions have not been finalized, leaving travel firms puzzled. Pham Ha, CEO of the Lux Group, which specializes in luxury cruises, said he felt “discouraged” and “disappointed” as a …
Read More »Malaysia to exempt int’l tourists from mandatory quarantine this April
The Malaysian government would allow all fully vaccinated foreign tourists, including from Vietnam to enter the country without undergoing mandatory quarantine from April 1 after two years of border closures. Malaysian Prime Minister Ismail Sabri Yaakob said the border reopening was part of the transition into the “endemic” phase of …
Read More »VN-Index goes flat as foreign net selling continues
Vietnam’s benchmark VN-Index went sideways Wednesday and stayed at 1,473 points, but with foreign investors net selling for the third session in a row. The index stayed mostly in the red throughout the day and closed 0.03 points higher after plunging 25 points Tuesday. Trading value on the Ho Chi …
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