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Nguyen Huynh, deputy head of the Drug Price Management Division at the Drug Administration of Vietnam under the Ministry of Health, has been detained for his alleged involvement in the Viet A test kit price gouging case.

The 200-kilometer Beltway No. 4 project, which will pass through HCMC, Binh Duong, Long An, Dong Nai and Ba Ria-Vung Tau, will get off the ground in 2024 with an estimated investment of VND100 trillion.

The Government has issued a decree extending excise tax payments totaling over VND20 trillion by local auto manufacturers and assemblers.

Vietnam Airlines reported a net loss of over VND2.6 trillion in the first quarter of 2022, sending the national flag carrier’s accumulated loss up to VND24.5 trillion, or over US$1 billion.

The Ministry of Finance has taken measures to deal with property transfers with artificially low prices so as to prevent tax losses. However, it is hard to determine the accurate prices of properties, thus slowing down property transactions.

The Ministry of Finance has removed Tran Van Dung from his position of chairman of the State Securities Commission (SSC) for his serious violations and shortcomings.

Former Deputy Minister of Health Truong Quoc Cuong was yesterday, May 19, sentenced to four years in jail in a fake cancer drug case.

The Ministry of Industry and Trade has decided to remove anti-dumping duties on coated steel imports from South Korea and China after five years of imposing the duty.

The Central Committee for Prevention and Control of Corruption and Negativism on May 16, announced a decision to inspect the Ministry of Health.

The police have sealed and taken away four expensive cars from the private residence of the former chairman of Halong City, Pham Hong Ha, who has been detained on alleged charges of graft.

As from Sunday, May 15, no Covid-19 testing will be required for all those entering Vietnam from abroad, thereby giving them a hassle-free travel experience.

Prime Minister Pham Minh Chinh has told the Ministry of Health to adjust Covid response measures as the pandemic has been brought under control nationwide.

Governmental agencies and businesses of Vietnam and the U.S. have signed multiple cooperation agreements, mainly on credit for green projects, with Prime Minister Pham Minh Chinh, who is in the United States to attend the ASEAN-US Special Summit, witnessing.

After Tan Hoang Minh’s nine bond issues had been canceled and its senior executives detained over this matter, and the Government had called for measures to cope with real estate firms’ debt issues, no property firms issued bonds in April.

The price of RON95 gasoline was revised up by VND1,550 a liter on May 11, to hit an all-time high, while bio-fuel E5 RON92 and other fuels rose by VND1,210-1,490 per liter or kilogram.

Vietnam’s Consumer Price Index (CPI) in April edged up 0.18% month-on-month, mostly due to the rising prices of building materials, according to the General Statistics Office.

New statistics show that Vietnam’s exports in April expanded a staggering 25% year-on-year at US$33.26 billion while imports reached US$32.19 billion, up 15.5%.

Thang Long, the largest single-body high-speed ship in Vietnam, has been launched and will ply the Vung Tau-Con Dao waterway route next month, offering tourists a new means of travel between mainland Vung Tau and Con Dao Island.

The four-day national holiday of Reunification Day (April 30) and International Labor Day (May 1) helped many provinces earn huge revenue from tourism after more than two difficult years.

The Ministry of Transport has asked HCMC and Dong Nai Province to hand over cleared land this month to start work on the Tan Van-Nhon Trach section of the Ring Road No. 3 project. The road will connect HCMC, Binh Duong, Dong Nai and Long An.

Commercial banks are rushing to increase deposit rates to speed up their capital mobilization.

Vietnam’s agro-forestry-fishery export revenue between January and April reached US$17.9 billion, up 15.6% year-on-year, while the import value of these products amounted to some US$13.9 billion, down 2.3%, resulting in a trade surplus of US$4 billion, a year-on-year increase of 3.2-fold, according to the Ministry of Agriculture and Rural Development.

After 57 property businesses in HCMC proposed removing obstacles to 64 housing projects, 29 others have made the same petition as their 38 commercial and social housing and resettlement projects are having trouble with procedures.

In his talks with his Japanese counterpart Kishida Fumio in Hanoi, Prime Minister Pham Minh Chinh said Vietnam considers Japan a leading important and reliable strategic partner as the two nations are deepening their ties, reported the Vietnam News Agency.

Phan Huy Anh Vu, director of the Department of Health of the southern province of Dong Nai, has been detained for allegedly violating bidding regulations.