Saigon Times Podcasts

One or two typhoons and tropical depressions may develop in or enter the East Sea during July, potentially affecting the northern and central regions of Vietnam, according to the National Center for Hydro-Meteorological Forecasting.

The State Bank of Vietnam (SBV) has issued a new circular banning commercial banks from providing loans for the purpose of depositing money at other banks, buying gold, or refinancing existing debts.

The disbursement of capital from foreign direct investment (FDI) projects in the first half of this year has reached US$10.02 billion, showing a modest increase of 0.5% compared to the same period last year, according to the Ministry of Planning and Investment.

Due to a significant decline in new orders since the fourth quarter of last year, hundreds of thousands of employees across the country have faced job losses and reduced working hours, according to the General Statistics Office (GSO).

The seventh Singapore Regional Business Forum (SRBF) will be held in Hanoi on July 7 in commemoration of the 50th anniversary of the establishment of Vietnam-Singapore diplomatic relations.

Vietnam has decided to halve the registration fee for domestically assembled and manufactured automobiles, with effect from July 1, to boost demand and support local automakers.

Vietnam’s exports to Canada were put at US$2.2 billion in the first five months of this year, falling by 15% compared to the same period last year.

State-owned and private banks have recently lowered their deposit interest rates in response to the decision by the State Bank of Vietnam (SBV) to further decrease deposit rates and key interest rates on June 16.

With this approval, foreigners will be entitled to multiple entries to Vietnam within 90 days without a need to apply for a new visa.

The National Assembly has approved maintaining airfare price ceilings in the revised Pricing Law.

The Ministry of Finance has sent a draft decree to the Government, proposing a 50% registration fee cut for domestically manufactured and assembled cars.

The HCMC Department of Health has formulated three plans to effectively handle the increasing number of hand-foot-and-mouth disease (HFMD) cases in the city.

Vietnam remains out of the U.S. monitoring list for currency manipulators, according to the State Bank of Vietnam.

HCMC will use seaport infrastructure fee revenue to fund three major infrastructure projects in Thu Duc City.

The government of HCMC yesterday began work on the city’s section of Beltway No. 3 which connects HCMC and three neighboring provinces – Dong Nai, Binh Duong and Long An.

Three Mekong Delta provinces and Can Tho City held simultaneous groundbreaking ceremonies for four components of the Chau Doc-Can Tho-Soc Trang Expressway on June 17.

The Ministry of Finance has written to the National Assembly proposing issuing a resolution that would exempt loss-making businesses from interest on late payments of taxes, land use fees and land rentals in 2022 and 2023.

The State Bank of Vietnam (SBV), the country’s central bank, has once again lowered the maximum deposit interest rate for tenors below six months, the second reduction within nearly a month.

Bamboo Airways has released documents in preparation for the upcoming general meeting of shareholders, confirming that all the five board members of the airline have tendered their resignation.

The HCMC authorities have officially renamed two major bridges that span the Saigon River to the Thu Thiem new urban area. Thu Thiem 1 and Thu Thiem 2 bridges are now called Thu Thiem and Ba Son, respectively.

Individuals’ deposits at commercial banks in the first quarter of 2023 soared by around VND415 trillion, the highest level in over 10 years, despite lower interest rates, showed data from the State Bank of Vietnam (SBV).

The electricity supply in the northern region of the country has improved as technical glitches in several power plants have been resolved.

The Government has given the go-ahead to the commencement next week of construction work on four major road projects in southern Vietnam.

HCMC has thrown its support behind a proposal to connect the planned HCMC-Thu Dau Mot-Chon Thanh Expressway with HCMC Beltway No. 3.

The former Vietnamese Ambassador to Japan, Vu Hong Nam, has been forced to resign from his position by the Prime Minister due to serious violations committed while on duty.