Comprehensive solution needed to support loss-making enterprises

The Ministry of Finance said the penalty on late tax payment in 2022 increased compared to previous years as a result of the COVID-19 pandemic.

Leaders question validity of short-term VAT fix to support business community

With the National Assembly set to reduce VAT from 10 to 8 per cent for six months from July 1, some of its deputies argue that the tax cut should be bigger and last longer to support individuals and businesses in the current difficult times.

Israel pact opens up enticing activities across industries

Vietnam and Israel will sign a bilateral free trade agreement this month, so the Middle Eastern country can more easily engage in food and agricultural projects in the Southeast Asian market.

North's electricity supply may be strained until July

The electricity system will be affected by prolonged power outages in northern Vietnam.

Crewmember in distress safely brought ashore for treatment

The Vietnam Maritime Search and Rescue Coordination Centre’s vessel SAR 412 on June 12 brought a sailor back to the central city of Da Nang for medical treatment.

Mexico represents 8th largest tuna import market of Vietnam

The first 4 months of 2023 saw Vietnam’s tuna exports to Mexico hit nearly US$7.4 million, up 44% over the same period from last year 2022, according to the Vietnam Association of Seafood Exporters and Producers VASEP

HoREA proposes using $5 billion credit program to assist struggling enterprises

This capital, according to HoREA, should be used to assist enterprises that are experiencing hardships but have the potential to be rehabilitated.

Hanoi lacks night activities to entertain foreign travelers

Many tourists complain that they feel bored as Hanoi doesn’t have many attractive activities to enjoy at night. Travel firms admit they find it difficult to schedule night activities for foreign travelers.

Five Vietnamese banks named in Forbes Global 2000

A total of five local banks have been included in this year's Forbes list of the world’s 2,000 largest firms.

US tops the list of inbound nationalities visiting Vietnam this summer

The United States has been named among the list of the leading inbound nationalities visiting the nation this summer, according to details given by Booking.com’s Travel Predictions 2023.

Vietnam win nine golds at SEA bodybuilding championship

Local athletes won nine gold, three silver, and four bronze medals at the Southeast Asian Bodybuilding and Physique Sports Championships 2023, with the regional sporting event concluding in Batam, Indonesia, on June 12.

Breakfast with 2,126 bowls of Pho sets world record

A Vietnamese record and a world record was set as a staggering 2,126 bowls of Pho (noodle soup) were served for breakfast to participants as part of a fundraising walk event held on June 11 in Ho Chi Minh City.

26 detained, weapons seized in deadly armed attack on police headquarter

Twenty-six people have been arrested and a number of weapons seized after an armed attack at a police headquarters that left four police officers dead, spokesperson for the Ministry of Public Security Lieutenant General To An Xo said on Monday.

VN fisheries businesses face tough year in 2023

Due to a sharp fall in demands in many major markets, domestic fisheries firms are forecast to face many difficulties this year, and this requires them to seek measures to complete the target set in export revenue for 2023, according to insiders.

Foreign patient with 8 years of leg paralysis successfully treated in Vietnam

After researching on the Internet, the patient decided to pursue treatment utilizing traditional medicine and selected Vietnam as the location for treatment.

VIETNAM BUSINESS NEWS JUNE 12/2023

Registration fee for domestically produced cars to be reduced by 50 percent

VN eyes investment in clean energy to develop carbon market

Vietnam is seeking investment in clean energy as part of its scheme to develop a carbon market to achieve net zero emissions by 2050.

VIETNAM NEWS HEADLINES JUNE 12/2023

Kazakh President postpones Vietnam visit

Hanoi strives to new industrial zones and clusters to attract foreign investors

Hanoi plans to build more industrial zones and industrial clusters to attract foreign investment, said deputy chairman of the municipal People's Committee Nguyen Manh Quyen.

Power outages cause high-rise buildings’ residents feel insecure to use elevator

People living or working in apartment and office buildings in Hanoi say they feel very anxious when using elevators due to recent power outages.

Informal expenses for customs clearance decline

Each company has to spend about 14.9 hours to complete a cross-border trade transaction and incur direct costs of around 3.8 million VND (165 USD) for logistics services.

Too much to bear: art house a foundation for daring projects

The One-Square-Metre World exhibition has been held in Ninh Bình since late April, aiming to raise community awareness of animal welfare and call for an end to the practice of holding bears captive for bile extraction in VN.

EU relaxes food safety regulation for Vietnamese instant noodles

Vietnamese instant noodle products imported into the European Union (EU) market will not be required of certificates of food safety inspection issued by Vietnam’s authorised agencies from June 27.

SBV cuts operating interest rates, but small banks maintain high interest rates

The State Bank of Vietnam (SBV) has cut some operating interest rates, but has not intervened in ceiling interest rates of 6-month or longer-term deposits, so there are interest rate gaps among commercial banks.

Rattan and bamboo products of Nghe An’s mountainous areas go abroad

From the skillful hands of artisans, woven products of Diem village have gradually affirmed their position in the market.