VnExpress News The News Gateway of Vietnam

Construction of two bridges across a Mekong tributary are proposed at a cost of VND9 trillion ($386 million) to replace ferry services currently in use. The Ministry of Transport’s My Thuan Project Management Board has called for building the Tan Chau – Hong Ngu and Vam Nao bridges over the …

Bank deposits rose by nearly 250% year-on-year as oj June 30 to VND5,619 trillion ($240.1 billion) as interest rates went up amid the post-Covid economic recovery. Banks hiked deposit interest rates by 0.5-1% percentage point as credit demand rose due to the recovery, according to a report by the BIDV …

The Vietnam Automobile Manufacturers Association has sought cuts in excise tax and registration fees for hybrid electric vehicles. This would stimulate demand and encourage businesses to invest in power generation and charging systems, it said. Incentives for electric and hybrid vehicles should gradually decrease, and there would be no need …