Transparency, increased supply are needed in real estate market

Improving supply and providing transparent information about property projects are the most important solutions that will help prevent speculation.

Citizens of 12 countries to get Vietnam visa exemption for 3 years

The Vietnamese Government has issued a resolution on visa exemption for citizens of some countries for a period of three years.

VIETNAM BUSINESS NEWS MARCH 16

Ministry of Finance proposes new housing tax

Vietnam to build third oil refinery to meet domestic demand

Vietnam will build another oil refinery, the third of its kind, to ensure a sufficient supply of petroleum products for local consumption, said Deputy Prime Minister Le Van Thanh.

Airlines begin to recover

Airlines are beginning to show clear signs of recovery, according to the securities firm Viet Capital Securities (VCSC).

UN honours Vietnamese peacekeepers in South Sudan

A total of 63 Vietnamese peacekeepers at the Vietnamese Level-2 field Hospital No. 3 (L2FH3) in South Sudan have been honoured with UN Peacekeeping medals.

VN Industry Ministry proposes developing nuclear power on small scale

The Ministry of Industry and Trade (MoIT) has proposed developing nuclear energy on a small scale post 2030 in its latest version of the draft Vietnam Power Development Plan from 2021 – 2030 (PDP8) with a vision towards 2045.

Singaporean investors buy 36 percent of local restaurant chain

Local restaurant chain owner, Golden Gate Joint Stock Company has announced the transfer of 35.95 percent of shares to a group of three new stakeholders from Singapore.

Foreign capital flows into VN logistics sector

Foreign investors are pouring capital into Vietnam's logistics market to seize development opportunities after the pandemic.

Ride-hailing market: CEOs under pressure

While competition in the ride-hailing service market in Vietnam is fierce, the pressure on senior leaders of ride-hailing service firms is enormous.

No medical isolation requirements set for foreign arrivals

Foreign visitors entering Vietnam no longer need to spend time in medical isolation, but a negative test is now necessary for entry, according to the latest COVID-19 policy for foreign travelers issued by the Ministry of Health.

Three trips, one message: Vietnamese ready to protect the fatherland

Within a short time, President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh conducted three business trips which attracted the attention of the public.

Mister Global 2022 names VN contestant first runner up

Despite an incident in the final night on March 15 evening, Danh Chieu Linh of Vietnam surprisingly secured the first runner up title of the Mister Global 2022 held in Thailand.

Vietnamese, Russian foreign ministers hold phone talks on Ukraine situation

Minister of Foreign Affairs Bui Thanh Son and his Russian counterpart Sergey Lavrov discussed the conflict in Ukraine in a candid and constructive manner during a phone talk on March 15.

Positive signs for blockchain in Vietnam

Coinbase and Binance pouring capital into Vietnam’s GameFi and DeFi projects is a positive sign for Vietnam's blockchain sector.

Hanoi lifts 9pm ban on dine-in food, beverage venues

Hanoi's authorities have allowed dine-in food and beverage venues to operate as normal, lifting the requirement to close before 9pm which has been enforced for months to curb the spread of the COVID-19 pandemic.

Do schools for the gifted need professors or just normal high school teachers?

The news that Hoa Binh province is willing to spend VND1 billion to attract professors and associate professors to teach at the provincial school for the gifted has raised controversy.

Great ambition to build digital banks in Vietnam

By 2025, Vietnam will have a generation of "digital customers". This generation has higher expectations about digital financial products and services.

Gazprom invests US$297 million in power project in central VN

The Prime Minister in 2020 approved Gazprom International’s investment (a subsidiary of Russia’s Gazprom Group) in the Quang Tri gas-fueled thermal power plant in the central province of Quang Tri.

Vietnamese youth must not forget the deaths of soldiers at Gac Ma in 1988

Colonel Nguyen Van Khanh, former Deputy Chief of Staff of Operations of the Engineers Brigade No 83, says that young people mustn’t forget the 64 fallen soldiers who protected the sovereignty of the fatherland.

Many FIEs report losses in 2020: Finance Ministry

Despite revenue increases and large investment scale, Shopee and Airpay still reported losses in 2020. The two enterprises paid only billions of dong to the state budget, according to the Ministry ò Finance.

Businesses inundated by mandatory infrastructure fees

Many businesses in HCMC that are struggling to make a recovery after a long period of closure due to the pandemic, are now finding it very difficult to cope with the pressure to pay various infrastructure fees.

VIETNAM NEWS HEADLINES MARCH 15

Miss Universe 2005 to join Miss Universe Vietnam 2022 as judge

 

Vietnam to triple petroleum imports

On the afternoon of March 14, the Ministry of Industry and Trade informed that it has requested importers to triple petroleum imports in order to fill the shortfall from Nghi Son Oil Refinery.

VIETNAM BUSINESS NEWS MARCH 15

Wood exports look to seize chances brought by FTAs