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These policies are outlined in Decree 90/2023/ND-CP, which regulates the collection rate, collection, payment, exemption, management and use of road user fees.
The decline in domestic automobile consumption and its drop to fifth place in Southeast Asia can be attributed to both external and internal factors, according to industry insiders.
Though their outstanding loans have reached a 2-year high, securities companies have reported profit falls, while market liquidity is declining.
Prime Minister Pham Minh Chinh has urged agencies to develop a ‘comprehensive plan’ to tackle the financial challenges faced by lossmaking national flag carrier Vietnam Airlines.
The number of Vietnamese billionaires in US dollar has dropped to five in the early months of 2024 from the previous six, reported in April 2023.
The ceiling price of tickets on domestic flights will be increased from the beginning of March, according to Circular 34 issued recently by the Ministry of Transport (MoT).
A total of 2.75 quadrillion VND (41 billion USD) went into the property market in 2023, according to the State Bank of Vietnam (SBV), an increase of 6.75% in comparison to last year.
Vietnam expects to increase its agricultural exports to China as the neighbouring country agreed earlier this year to review regulations permitting the official export of Vietnamese poultry meat.
The domestic cement industry expects to bounce back in 2024 thanks to the Government's tireless efforts to speed up public investment and implementation of key transport infrastructure projects.
The strong recovery of industrial production, the exponential rise in exports, abundant goods supply, and good revenue from services in January paint a rosy picture for the domestic industry and trade sector this year.
Morgan Stanley Capital International (MSCI), a leading global provider of research-based indexes and analytics, has added three Vietnamese stocks to MSCI Frontier Markets Index.
The semiconductor industry is expected to open up opportunities for Vietnamese businesses to step into the most modern and fundamental playground in the digital transformation process.
Following the footsteps of ancestors, the Southern region has proven to be a sacred land with extraordinary people for many generations.
If the southern economic hub is able to capitalise on its 1,100 kilometres of waterway, it will ease pressure on road transport while creating motivation for the development of other economic sectors.
The latest report of the Ministry of Labor, Invalids and Social Affairs (MOLISA) shows that one out of 10 young people is unemployed and that they are three more times likely to lose their job than older workers.
Progress on wind power projects in Dak Nong, expected to collect hundreds of billions of dong to the local budget each year, are at a standstill.
The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth.
Money sent from Asian countries made up 50.5% of the total overseas remittances to Ho Chi Minh City last year, Vietnam’s largest economic hub, a massive 143.8% spike year-on-year, according to the State Bank of Vietnam (SBV)’s branch in the city.
One Commune, One Product (OCOP) products have become more familiar to Vietnamese people over recent years, but for these products to reach out to global consumers, OCOP businesses need support from the State, suppliers, and e-commerce platforms.
Vietnam will implement a national strategy on semiconductor industry development in 2024 to make it a key national industry in the coming decades, said Minister of Information and Communications Nguyen Manh Hung.