(SGI) - For the last four decades, Ho Chi Minh City has held its position as the major economic hub of Vietnam. According to the General Statistics Office, in 2020 the economic growth of Ho Chi Minh City contributed around 21.8 percent towards the GDP of the country.
(SGI) - During his first official visit to Vietnam , during the 50th Anniversary of diplomatic relations between Vietnam and Australia, Senator the Hon Don Farrell, Minister for T rade and T ourism and Special Minister for State , joined Australia ’s Ambassador to Vietnam Andrew Goledzinowski and delegation in congratulat ing Vietjet on the inauguration of direct routes connecting Vietnam and Australia.
(SGI) - During the last three weeks, capital inflow from foreign investors lent strong support to the stock market. At HoSE, the average daily buying accounted for about 16.3 percent of total transactions, and on some special days even accounted for 36 percent. Many investors were seen contemplating the possibility of new capital pushing the stock market up.
(SGI) - The tourism industry in Vietnam has been overjoyed ever since China put the country on pilot list in second phase for group tourism. Many localities and favorite destinations of Chinese tourists in Vietnam are eagerly awaiting visitors and many airlines have also planned to resume flights to China again.
(SGI) - There is an urgent need to clarify the decisions made recently by the Government on exemption and reduction of taxes, fees, and land use levies to help production and business enterprises to recover after a long phase of decline across almost all businesses.
(SGI) - The new provisions introduced in Decree 08 provide temporary solutions to easing the immediate tension in the bonds market. Now bond issuers will be able to negotiate with creditors and extend the bond maturity time frame upto a two-year period, as well as negotiate on repayment of bonds with other assets.
(SGI) - When the US Federal Reserve (FED) raised the interest rate recently the stock market reacted positively, unlike when in 2022 the continuous raising of the interest rate by the FED had caused panic across markets.
Deputy Prime Minister Tran Hong Ha has signed a decision recognising 27 additional national treasures, and asked heads of relevant quarters to conduct preservation efforts under the law on cultural heritage.
(SGI) - The current ongoing economic fluctuation occurring worldwide is clearly affecting many export businesses in Vietnam in the last months of 2022 and is forecast to continue to affect throughout 2023.
(SGI) - The People's Committee of Ho Chi Minh City has recently proposed a tax on a second property of an individual, which is being received with mixed emotions. This suggestion has been made in an effort to increase revenue for the State and control speculation and abandonment of real estate projects.
(SGI) - Although the Vietnamese economy made strong recovery right after the Covid-19 pandemic, this growth is now facing many challenges and the pace is not accelerating as expected. This viewpoint was expressed by Mr. NGUYỄN MINH CƯỜNG, Chief Economist of Asian Development Bank (ADB) in Vietnam.