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Vietnam’s stock market is still cheap at 11.5 times forward P/E and expectations of EPS growth of over 20 per cent this year compared to an average P/E of 16.2 for its emerging market ASEAN peers.
The first coffee beans were imported into Vietnam in the 19th century by French colonialists, who realised that the climate of the central highlands was perfect for growing the popular drink.
A proposal has been sent to the Ministry of Transport asking for evaluation of a feasibility report on the construction of the Can Tho – Hau Giang section as part of the eastern route of the North-South Expressway.
Vietnam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions.
Legal proceedings have been initiated against seven Mongolian nationals involved in a theft of property worth nearly 1.2 billion VND ( about 51,800 USD).
Capella Hanoi, located in the heart of Hanoi’s Old Quarter, has been listed among top 100 best new hotels in the world as complied by prestige US magazine Travel + Leisure.
Continuing global conflicts and price rises of various commodities are undermining the development and exploitation of oil and gas fields in Vietnam, and collaborations may continue to struggle if inflation pressures persist.
In a bid to fuel agricultural investment which remains negligible in Vietnam, the government is expected to devise new incentives and boost reform of administrative procedures in favour of foreign investors.
The prosecution of senior officials could lead to a short-term personnel crisis.
Many hospitals are seeing a shortage of medical supplies shortage, due to the growing reluctance to organise procurement bidding that stems from recent major violation cases.
The petrol price hike has led to price escalations of major goods and services, forcing low-income earners to tighten their belts.
Located among the rolling mountains of Bao Yen District, Tien Canh Cave is a jewel of Lao Cai Province.
The National Assembly seeks to strictly handle goods speculation, hoarding and unreasonable price hikes, as well as solutions to support low-income earners and disadvantaged people.
With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.
As the State’s resources are limited, the increase in the national petroleum reserves will be implemented under a roadmap from now to 2025.
Weightlifter Le Van Cong wins silver at Pyeongtaek 2022 Asia Oceania Open Championships
After the proposal to cut the petrol price stabilisation fund and import tax, the Ministry of Finance (MoF) has announced plans to cut the environmental tax on fuel.
Saving the coral reefs in Nha Trang Bay Marine Protected Area from massive bleaching is a priority that requires a long-term, scientific and sustainable strategy, scientists and oceanographers have said.
Two cashless streets were launched in Da Nang City yesterday, June 16, to create a convenient shopping experience for residents and tourists, said a local official.