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Firms in supporting industries in dire need of skilled workers

Firms in supporting industries in Vietnam are in desperate need of high-qualified and skilled workers in addition to solutions regarding capital and raw materials.

Consumer credit has potential as young people borrow to buy consumer goods

As Vietnamese young people are increasingly borrowing more money to buy consumer goods, consumer credit is considered to have a lot of potential.

19-year-old wins gold at table tennis events at SEA Games

Tran Mai Ngoc and Dinh Anh Hoang played explosively, winning a gold for Vietnam in the mixed doubles table tennis event at the 32nd Southeast Asian Games (SEA Games) in Cambodia after two decades of waiting.

VAT reduction for securities, real estate sectors proposed

National Assembly Chair Vuong Dinh Hue has requested consideration of a suggestion to add banking, securities and real estate businesses to the list of business fields subject to a reduction of the value-added tax (VAT) from 10 percent to 8 percent.

Vietnamese logistics firms losing home market

Vietnamese logistics firms believe that their workforce, infrastructure and service lines are not inferior to foreign ones. But they say they still have to work for foreign firms located in Vietnam.

Car sales sluggish, dealers incur big losses

Many car dealers have complained that the market is sluggish and the inventory level is alarming. The long-lasting losses have forced them to cut their workforce or even consider shutting down.

Cases of drug trafficking by air continue to rise

The amount of drugs seized via air routes has been increasingly lately, with the majority of drugs being transported from Europe, according to details given by the General Department of Vietnam Customs.

Personal income tax exemption proposed to attract scientists, specialists

Experts believe that exempting or reducing personal income tax (PIT) will help attract specialists and scientists to work for hi-tech zones.

US extends investigation into evasion of trade remedy tax on some VN goods

The US Department of Commerce has announced an extension of the investigation period of trade remedy tax evasion for several goods imported from Vietnam, according to the Trade Remedies Authority under the Vietnamese Ministry of Industry and Trade.

Vietnam leaves deep impressions at SEA Games 32

Vietnam for the first time secured the top place at a Southeast Asian Games (SEA Games) held outside its territory after topping the medal tally at SEA Games 32 in Cambodia.

PDP8 officially authorised: 2050 approach

The objective of the PDP8 is to develop renewable energy sources for electricity generation to cover 67.7-71.5 per cent of the total by 2050.

VIETNAM BUSINESS NEWS MAY 17/2023

Apparel firms scaling down business targets

Via Ba Chua Xu festival nominated for UNESCO recognition

The Ministry of Culture, Sports and Tourism announced that the Via Ba Chua Xu festival in An Giang Province will be selected to be Vietnam’s nomination in 2024 for UNESCO's recognition as an intangible cultural heritage of humanity.

Star-rated hotels to be inspected from June

The Vietnam National Administration of Tourism (VNAT) will inspect accommodation services at star-rated hotels in some localities from June to October this year.

Repair completes for two broken undersea cables connecting VN with the world

Repair has been finished on two of the five broken undersea cables linking Vietnam with the world, namely Intra Asia (IA) and SMW3, according to the Ministry of Information and Communications (MIC).

VIETNAM NEWS HEADLINES MAY 17/2023

PM Pham Minh Chinh to attend expanded G7 Summit in Japan

Hue Citadel rampart closed due to graffiti

A walking route on the rampart of the Hue Imperial Citadel in the central province of Thua Thien-Hue has been temporarily shut after being graffitied.

HCMC Tourism Dept proposes City Hall be periodically opened to visitors

The HCMC Department of Tourism has proposed that the City Hall be opened to tourists on public holidays in the upcoming time.

South Korean singer participates in VN music show

South Korean singer-songwriter Paul Kim recently collaborated with Vietnamese singers in Eye Contact Live, a famous YouTube show featuring music performances on the streets across Vietnam.

Men sentenced to life in prison for stealing $1.5 million of cryptocurrency

The HCM City People’s Court on Tuesday (May 16) sentenced two men from Da Nang, Ho Ngoc Tai, 34, and Tran Ngoc Hoang, 40, to life imprisonment for stealing cryptocurrency worth more than VNĐ37 billion (US$1.5 million).