Vietnam approves 2nd environmental tax cut on fuel

Vietnamese lawmakers have approved the second environmental tax cut on gasoline starting next week to contain surging fuel prices, two months after the first reduction came into effect.

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Southeastern localities lead in worker incomes

Workers in the southeast region continue to earn the highest incomes nationwide at VND8.5 million ($364 million) a month in the second quarter, up 8.5 percent from the first.

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Vinhomes transfers Vinpearl Landmark 81 to group company

Real estate giant Vinhomes transferred its 99.88 percent stake in Vinpearl Landmark 81 company to tourism company Vinpearl.

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Vietnamese take on side gigs as inflation bites

Chau Ngan, 28, ended her shift at a coffee shop in HCMC at 10 p.m and immediately turned on a laptop to check on her restaurant in Da Nang.

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US fastest growing market for Vietnamese rice: ministry

Rice exports to the U.S. surged by 71.3 percent in the first five months, the highest growth rate of any market, the Ministry of Agriculture and Rural Development said.

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VN-Index hits eight-session low

Vietnam’s benchmark VN-Index dropped 1.19 percent to 1,181.29 points Tuesday, the lowest since June 22.

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Interns come to factories’ rescue amid labor shortage

Manufacturing companies are offering various benefits to attract interns as a labor shortage threatens to stymie their post-Covid recovery.

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2 new casinos proposed for foreigners

The Ministry of Finance is backing proposals by Da Nang City and Khanh Hoa Province to license two new casinos meant exclusively for foreigners.

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Dragon Capital buys 2.1 million shares of Sacombank

Asset management company Dragon Capital has bought 2.1 million shares of HCMC-based Sacombank, increasing its stake in the bank to 6.09 percent.

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Lobster exports skyrocket in first half

Lobster exports rose 30 times year-on-year in the first six months of the year to US$130 million, according to the Vietnam Association of Seafood Exporters and Producers.

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VinFast begins to install electric car chargers at gas stations

Automaker VinFast has set in motion its plans to integrate electric vehicle charging stations with gas stations with its first coming up at PVOIL pump.

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Bamboo Airways to triple fleet size in 6 years

Bamboo Airways plans to triple its fleet size to 100 by 2028, with new aircraft being delivered this quarter, despite major changes in its leadership.

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European business sentiment declines in Vietnam driven by global headwinds

The European Business Climate Index in Vietnam declined by 4.4 to 68.8 points between the first and second quarter due to rising prices globally and geopolitical tensions.

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VN-Index drops with sliding trade

Vietnam’s benchmark VN-Index dropped 0.28 percent to 1,195.53 points Monday, with a double-digit decline in trade.

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Vietnamese currency hits 2-year low against dollar

Vietnamese banks on Monday traded the dong against the U.S. dollar at the lowest rate in two years as the greenback strengthens globally amid economic uncertainty.

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Electricity prices may rise if renewables overdeveloped: finance ministry

The Ministry of Finance has warned that electricity prices will rise if solar and wind power are not developed commensurately with grid and operational capacity.

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Yeah1 to buy TV firm amid restructuring

Online entertainment company Yeah1 plans to buy a 51 percent stake in TV and radio company STV amid a major restructuring endeavor.

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3-year-old iPhone beats latest mid-range Android phones

Sales of the iPhone 11 in Vietnam skyrocketed last week while that of mid-range Android devices fell by 10-30 percent.

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As prices rise, Vietnamese fork out less for pork

Vietnamese families have been consuming less pork in recent months as prices increased, switching to other sources of protein like chicken and eggs.

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Vietnam textbook publisher reports record net profit

State-owned Vietnam Education Publishing House experienced its most profitable year in 2021, earning VND287 billion ($12.3 million) in after-tax profit.

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Vietnamese charged with NFT fraud in US

Vietnamese-American Le Anh Tuan has been accused of stealing $2.6 million from investors through a non-fungible token scheme.

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FLC seeks to buy back headquarter building from creditor bank

FLC is seeking to buy back its former headquarter building in Hanoi’s Cau Giay District from Orient Commercial Bank, which seized it after the developer defaulted on its loan.

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Property sector slows down amid unfavorable market conditions

Many property developers are slowing down their activities due to lack of access to credit, legal challenges and falling demand.

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Gasoline prices fall for first time in 10 weeks

Vietnam’s gasoline prices dropped by 0.3-1.3 percent Friday, the first drop after seven consecutive upward adjustments since April 12.

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Vietnam seeks UK assistance for HCMC financial center

Vietnam has sought the U.K.’s assistance in improving its banking and finance legal framework and establishing a financial center in HCMC.

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Gasoline prices fall for first time in ten weeks

Vietnam’s gasoline prices dropped by 0.3-1.3 percent Friday, the first drop after seven consecutive upward adjustments since April 12.

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One Mount wins Google award for logistics, supply chain

One Mount Group was recognized as an industry leader in the digital transformation of supply chains and logistics at Google Cloud Customer Awards.

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Last-minute purchase pushes VN-Index up

Vietnam’s benchmark VN-Index rose 0.11 percent to 1198.90 points Friday thanks to last-minute purchase demand.

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First half seafood export revenue up 40 pct

Vietnam exported $5.8 billion worth of seafood in the first six months, up 40 percent year-on-year.

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HCMC collects $7 mln taxes, fines from people with Google incomes

HCMC has collected taxes and fines worth a total of VND169 billion ($7.26 million) from 38 individuals who earned incomes through Google in the first half of the year.

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