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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