Ho Chi Minh City aims to welcome 6 million foreign visitors in the coming year, with an estimated expenditure of around VND190 trillion (US$7.8 billion), as revealed by the municipal Department of Tourism. The city is anticipating an influx of…
Twenty-three additional government officials are now under investigation for their alleged involvement in financial misconduct linked to the embattled property developer Van Thinh Phat and the lender SCB. According to the Central Internal Affairs Committee of the Communist Party of…
Vietnam has seen a significant 70% increase in its vegetable and fruit exports, reaching a new record of $5.2 billion in the first 11 months year-on-year. Leading the charge, durian made up 40% of the export value, with jackfruit, watermelon,…
Vietnam has seen a reduction in IPO activities primarily due to stricter regulations on listing approvals and a significant net outflow of foreign investments, influenced by both global and local market liquidity challenges. This, along with the decline in the…
Last week, officials from Ho Chi Minh City engaged with numerous American companies to encourage investment in the city’s high-tech and eco-friendly sectors. This initiative was part of their visit to the United States, where they joined State President Vo…
On November 21, a delegation from the US state of Oregon, headed by Katherine Lam, Commissioner at the Port of Portland, visited the southern province of Binh Duong to explore the local investment climate. Nguyen Loc Ha, Vice Chairman of…
The findings from the AHK World Business Outlook survey for Fall 2023, disclosed on November 21, offer a glimpse into German investor sentiment globally and specifically in Vietnam. Conducted between September 25 and October 20, the survey delved into the…
Low-cost carrier Bamboo Airways has recently put a halt to several domestic flights, including those to key tourist destinations such as Phu Quoc and Da Lat, starting this month. The airline discontinued its service between Da Nang and the Central…
Ho Chi Minh City is actively seeking funding from Indian investors for an ambitious urban development plan that includes nine metro lines and three monorail lines, alongside eight advanced technology initiatives, collectively valued at billions of U.S. dollars. As per…