The Thai National Tourism Policy Committee has approved the proposed guidelines for the collection of a 300 THB (10 USD) tourism fee from each international visitor for the management of local tourist destinations.
Export turnover through border gates in the Mekong Delta province of An Giang exceeded 1.31 billion USD in 2020, representing a year-on-year increase of 8 percent, according to the provincial Department of Customs.
The Thai cabinet on January 12 approved a number of measures to reduce the cost of living and increase liquidity, and ease the impact of the new wave of COVID-19 infections.
Prime Minister Nguyen Xuan Phuc has decided to minimize the number of flights carrying Vietnamese citizens back home from now until the lunar New Year holiday, which falls in mid-February, as more contagious variants of coronavirus have been detected in many countries.
The financial sector needs to renovate more strongly to free up resources to meet the country’s development objectives, Prime Minister Nguyen Xuan Phuc told an online meeting to review financial sector and State budget performance in 2020 and define tasks for 2021.
The State Bank of Vietnam (SBV) targets a credit growth rate of 12 percent in 2021, equivalent to the growth of 12.13 percent last year, according to SBV Deputy Governor Dao Minh Tu.
The Vietnam Joint Stock Commerical Bank for Industry and Trade (VietinBank) reported pre-tax profit of 16.45 trillion VND (712.4 million USD) and a bad debt ratio of under 1 percent for 2020.
The financial sector expects to collect over 1.343 quadrillion VND (58.4 billion USD) for the State budget in 2021, equivalent to 15.5 percent of the country’s gross domestic product (GDP), said the Ministry of Finance.
Ho Chi Minh City has increased its budget allocation for preschool education and has called on the private sector to invest in building kindergartens to meet increasing demand.
The Ministry of Natural Resources and Environment, in coordination with the World Bank, held a Final Workshop for the “Vietnam Partnership for Market Readiness” project in Hanoi on December 29. After 5 years of implementation, up to now, the project has made basic preparations, paving the way for the formulation of carbon market policies.
Saigon - Hanoi Commercial Joint Stock Bank (SHB) has just become the only Vietnamese representative to be honoured as “Bank of the Year 2020” by The Banker magazine.
Indonesia has attracted an estimated 22.33 billion USD in investment in energy and mining in 2020, lower than 31.9 billion USD recorded last year and the target of 36 billion USD set for 2020, according to Ministry of Environment and Mineral Resources (EMR).
Thailand plans to increase the price of its five-year residency permit by 20 percent in January 2021, after the programme dubbed "elite" visas drew a record new membership this year as people sought to stay in the largely coronavirus-free country.
Vietnam has set an annual growth target of 15-20 percent for the logistics sector, making up 8-10 percent of the country’s gross domestic product (GDP). Besides, logistics costs are also expected to reduce, equivalent to 16-20 percent of the GDP.
The 8th Run for the Heart race, an annual event to support disadvantaged children with congenital heart diseases, is taking place virtually, meaning it can reach runners from across the nation.
Prime Minister Nguyen Xuan Phuc on November 16 presented the State President’s decision to appoint Nguyen Thi Hong as the Governor of the State Bank of Vietnam (SBV).
Sales of automobiles by members of the Vietnam Automobile Manufacturers’ Association (VAMA) in October surged 22 percent against the previous month to reach 33,254 units, indicating consumption is recovering to pre-pandemic levels.
Prime Minister Nguyen Xuan Phuc appeared before the National Assembly on November 10 to answer queries from deputies regarding various matters of importance.
Customers have scrambled to buy automobiles before the end of 2020 to enjoy the 50 percent reduction in registration fees, making the auto market more robust as compared to the situation at the outset of the year.
The Ho Chi Minh City People’s Committee has approved a project worth nearly 400 trillion VND (17.3 billion USD) on improving access to public transport and limiting the use of personal vehicles over the next decade, according to the People’s Committee’s Office.
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