Vietnam’s leading steelmaker Hoa Phat Group posted an after-tax profit of 2.97 trillion VND in the fourth quarter of 2023, up 249% compared to the same period of 2022 and 48% quarter-on-quarter.
Air and railway transport service suppliers have announced that they will continue increase seats for customers during the upcoming Lunar New Year (Tet) holidays to meet the rising travelling demands on the occasion of the most important festival of Vietnamese people in a year.
The global tourism market is set to fully recover from the COVID-19 pandemic in 2024, and Vietnam will not stand out from this trend, insiders have said.
Ho Chi Minh City is trying to bring a breath of fresh air to local industrial parks (IPs) and export processing zones (EPZs) with a view to attracting more foreign investment.
Seventeen provinces across the country will be provided with nearly 15,500 tonnes of rice to allocate for local residents during the upcoming Tet (Lunar New Year) holiday and the between-crop period in early 2024, said Deputy Director of the General Department of State Reserves (GDSR) Nguyen Thi Pho Giang at a press conference held on January 22.
Promoting green production is not only an important factor to ensure the sustainable development of the agriculture sector but also a requirement from the market, according to experts.
Facing the rising cost of container shipping services to Europe and America, the Ministry of Transport (MoT) has just sent an official dispatch to the Vietnam Maritime Administration (VMA) requesting support for businesses.
Since the first batch of Vietnamese bird's nest products was exported to China in November last year, over 700 kg of bird's nests have been exported to this market. With the effectiveness of the protocol with China, the bird's nest industry has many opportunities for development.
The Vietnamese Government always accompanies and supports foreign enterprises, including those from Romania, so that they can make long-term, effective and sustainable investment in Vietnam in the spirit of “harmonising benefits and sharing risks”, Prime Minister Pham Minh Chinh said on January 22.
With its new visa exemption policy, Vietnam has been more attractive to visitors from near and far, with the number of tourist arrivals far exceeding the country’s set target, Malaysia’s only broadsheet format English language newspaper highlighted in its article “Visa-free travel a boon”.
New supply in the industrial real estate market in Ho Chi Minh City and neighbouring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tet (Lunar New Year) Festival.
The State Capital Investment Corporation (SCIC) has set an average annual revenue target of 9.4 trillion VND (391.67 million USD) per year according to its five-year production and business plan.
The Thai government recently announced new regulations that make it easier for foreign visitors to claim value-added tax (VAT) refunds on goods purchased in Thailand.
Romanian Prime Minister Ion-Marcel Ciolacu chaired a welcome ceremony in Bucharest on January 22 morning (local time) for Vietnamese Prime Minister Pham Minh Chinh, who is in the country for an official visit.
The upcoming state visit to Vietnam by German President Frank-Walter Steinmeier will create an impetus for the bilateral relations to reach a new height, German Ambassador to Vietnam Guido Hildner has said.
A sudden surge in the number of overseas Vietnamese booking domestic tours and the recovery of international arrivals right since the start of 2024 are among positive signs promising a breakthrough year for the tourism industry.
Along with completing its transport infrastructure system, Ho Chi Minh City is building a smart traffic management and operation system using high technologies to deal with traffic congestion and reduce accidents.
Business
