Saigon Times Podcasts

Vietnam Airlines (VNA) has reopened regular flights between the capital city of Hanoi and Hong Kong to meet the high travel demand.

Prime Minister Pham Minh Chinh has proposed the Netherlands help Vietnam develop a Brainport hi-tech center in Hanoi City.

HCMC plans to obtain revenue of VND470,000 billion in 2023, up 21% from this year, according to a resolution on the state budget collection estimate and HCMC’s expenditure next year.

In the context of disrupted cash flows and restricted access to capital, the corporate circle is rolling up its sleeves to drastically restructure its operations and financial situation to eliminate hardships, step by step.

Cracking the whip against delayed projects, HCMC canceled 169 out of 357 long-delayed housing projects

Though the tax revenue from the real estate industry has exceeded the year’s goal, it has kept sliding since June.

The Ministry of Finance has sought to keep the environmental protection tax on fuels at the lowest levels, proposing the Government submit a draft resolution to this effect to the National Assembly’s Standing Committee.

Vietnam and South Korea have upgraded their relations to a comprehensive strategic partnership, paving the way for stronger cooperation between the two countries in the years to come.

The State Bank of Vietnam (SBV) decided last night to increase the credit growth limit for this year by 1.5 to 2.0 percentage points, reversing its persistent stance on loan growth.

The Ministry of Industry and Trade has drawn up two scenarios for the minimum fuel supply in 2023, requiring key fuel enterprises to increase the overall figure by 10-15% in 2023.

The HCMC Department of Natural Resources and Environment is expected to set  compensation rates for households affected by the Beltway No. 3 project, which would range from VND18.7 million to VND40.1 million per square meter.

The southern province of Binh Duong has inked a cooperation memorandum with Truong Hai Auto Corporation (THACO) for the establishment of an engineering supporting zone costing VND26,000 billion.

HCMC’s gross regional domestic product is estimated to rise by over 9% this year, well above the target of 6%-6.5%, showing the city’s strong post-Covid recovery, heard a conference held by the Standing Board of the HCMC Party Committee on November 30.

HCMC – Vietnam will not pursue economic growth at the expense of the environment, Prime Minister Pham Minh Chinh told the Green Economy Forum & Exhibition 2022 (GEFE 2022) in HCMC on November 28.

The number of orders and the export value of the aquatic products sector have plunged dramatically, though the year-end season usually witnesses a spike in demand.

Southeastern provinces have attracted more than US$10 billion and VND5 trillion from 20 investment projects in fields such as oil refining, electronics, industrial park infrastructure, tourism and urban development.

The Ministry of Industry and Trade (MOIT) has written to the prime minister proposing amending Decree 107/2018/ND-CP on rice exports.

The HCMC Institute for Development Studies (HIDS) has envisioned three scenarios for the city’s 2023 economic growth, with all projected at 7% or higher despite economic uncertainties likely to continue into next year.

Increasing interest rates are forcing homebuyers to make difficult decisions, including selling their homes to pay off their mortgages.

The Saigon Times, an English news site of the Saigon Times Group, has wrapped up its Saigon Times CSR 2022 program, with 40 enterprises chosen for being honored for their significant contributions to the society and the community.

A fall in new orders has forced PouYuen Vietnam, a major footwear manufacturer of Taiwan, to require 20,000 of its employees to take paid leave in rotation for three months, according to the HCMC Labor Confederation.

Bac Lieu Province has opted for a green growth and sustainable model to restructure its economy in recent years, aiming to become a renewable-energy center in the Mekong Delta region and the country.

VinES Energy Solution JSC, a unit of Vingroup, broke ground on the first phase of the lithium battery facility at the Vung Ang economic zone on November 18.

A sales plunge, delayed payments and a credit crunch have led to a capital shortfall among businesses, especially as the new year approaches.

The police in the northern province of Hai Duong recently detained Le Thanh Long, chairman of Vicem Hoang Thach Cement Company Limited.