Pilots from 10 countries compete at Kon Tum paragliding tournament
Nearly 120 pilots from Vietnam and 9 other countries competed in the Kon Tum Open Paragliding Tournament in Kon Tum Province on February 2-5.
Nguyen Hong Huy/SGP
SBV tightens control on corporate bond acquisitions by banks
The State Bank of Vietnam (SBV), the nation’s central bank, is taking steps to tighten control on commercial banks’ acquisitions of corporate bonds.
Retailers slash prices on low-priced smartphones
The consumption of low- and mid-end smartphones has dropped by 50 percent compared with the same period last year, causing difficulties in cash flow for retailers.
Vietnam ranks 65th in world happiness report
Vietnam ranks 65th out of 137 countries and territories in the 2020-2022 period as per the World Happiness Report 2023, up 12 places from the 2022 Report.
Hanoi’s two famous markets are quiet, with slow sales
The two most famous shopping areas of the capital city, Hom and Hang Da markets, are no longer bustling with visitors as in previous years. Some booths have seen sales fall up to 70%.
Vietnam posts trade surplus of nearly US$3 billion by mid-March
With the country's total import-export turnover reaching nearly US$123 billion between January 1 and March 15, the nation enjoyed a trade surplus of roughly US$3 billion, according to figures released by the General Department of Vietnam Customs.
SEA Games 32 torch set to arrive in Hanoi
The torch of the 32nd Southeast Asian Games (SEA Games 32) is scheduled to land in Hanoi on March 22 as part of its ongoing tour to the 10 ASEAN nations.
Police search homes of four flight attendants in drug case
The HCMC police have found no illicit drugs at the residences of the four Vietnam Airlines flight attendants who were caught red-handed carrying illicit drugs to the country last week.
EVN asked to buy renewable energy at 90% import price
Investors involved in renewable energy project have proposed Vietnam Electricity Group (EVN) purchase power from eligible projects at an interim price equivalent to 90% of the electricity import price.
Minister hopes US becomes biggest investor in Vietnam
Minister of Planning and Investment Nguyen Chi Dung has voiced his hope that US enterprises will become the biggest investor in Vietnam.
Airbus Group pledges to expand supply chains in Vietnam
Airbus Group has committed to expanding its supply chain in the nation for new orders related to the production of aircraft spare parts, said Hoang Chi Mai, general director for Airbus in Vietnam, on March 21 at the Vietnam Aviation Forum.
Hanoi parents worried about students' high school entrance exams
Hanoi has announced its plans to enroll 72,000 students for public schools, which means that only 55.7 percent of secondary school graduates will obtain ‘tickets’ to enter public high schools.
Vietnam amends CIT law, fills in tax loopholes for multinationals
The Ministry of Finance (MOF) is collecting opinions on the draft for the Law on Corporate Income Tax (CIT), with an emphasis on tax incentives for multinationals.
Travel firms begin to sell tours to China in April
Travel firms and agents have begun selling tours to China with departure time in April, including both road and air tours. More orders will come if the first tours go smoothly.
Careful action required to curb inflation threat
Monetary experts are still mulling over whether Vietnam should soften or tighten policies to best suit current development circumstances.
VIETNAM BUSINESS NEWS MARCH 21/2023
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