Monday , January 20 2025

Recent Posts

Work starts on upgrade of Vietnamese pagoda in Vientiane

  Vietnamese and Lao delegates performed the groundbreaking ceremony for the Phật Tích Pagoda in Vientiane. — VNA/VNS Photo Phạm Kiên   VIENTIANE — Work started on the upgrade of Phật Tích Pagoda, a Vietnamese Buddhist pagoda in the Lao capital of Vientiane, on Friday. The project, which has an estimated cost …

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Lower eco tax on fuel to continue

Lower eco tax on fuel to continue

The environmental tax on fuel, which was halved in 2023, will still be applied in 2024. The lowered tax stands at VND2,000 ($0.08) per liter on gasoline (except ethanol) and VND1,000 on diesel, lubricating oil and fuel oil. It remains VND600 on kerosene and VND1,000 on jet fuel, according to …

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Banking industry breaks three-year profit growth streak

After three years of growing profits, the banking industry is reporting a decline this year, primarily due to bad debts and the economy’s flagging ability to utilize capital. In the first nine months of the year 14 of the 27 banks listed on the stock market reported lower profits year-on-year. …

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