FDI to Vietnam to increase, say officials

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Báo Dân Trí English 3 day(s) ago

Foreign direct investment (FDI) inflow to Việt Nam is expected to increase in 2017, said Đỗ Nhất Hoàng, director of the Foreign Investment Agency under the Ministry of Planning and Investment.

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Supermarkets extend opening hours for Tet

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SaiGon GP English 1 week(s) ago

Supermarkets in HCMC have announced that they will increase their opening hours by 2-4 hours a day to meet shopping demand and prevent congestion at counters ahead of the Tet.

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Office for lease market continues growing

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SaiGon GP English 1 week(s) ago

Three new projects were offered to lease in the fourth quarter last year with the total supply of 1.6 million square meters, a quarter over quarter increase of 3 percent.

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Thua Thien-Hue province targets 12% rise in exports

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Báo Đầu Tư English 2 week(s) ago

The central province of Thua Thien-Hue aims to earn US$800 million from exports in 2017, a year-on-year increase of 11.58 per cent.

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PetroVietnam to increase oil and gas reserves

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SaiGon GP English 2 week(s) ago

The Vietnam National Oil and Gas Group (PetroVietnam) strives to increase oil and gas reserves to 10-15 million tonnes this year, said Chairman of the Board of Directors Nguyen Quoc Khanh.

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Housing land prices increase 20-40 percent in HCMC

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SaiGon GP English 2 week(s) ago

Housing land offer price last year jumped up 20-40 percent over the previous year in many districts of HCMC especially Thu Duc, Binh Tan, District 9 and 12, said Commercial Real Estate Services Company on January 4.

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Oil price up, petrol unchanged

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SaiGon GP English 2 week(s) ago

The Ministry of Industry and Trade and the Ministry of Finance yesterday afternoon decided to keep petrol price unchanged and increase oil prices.

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Purchasing power increases 20 percent in supermarkets during holiday

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SaiGon GP English 3 week(s) ago

Supermarkets in Ho Chi Minh City have reported a 20 percent year on year increase of purchasing power during the last three day New Year holiday.

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Travellers to Vietnam hit record high in 2016

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Báo Dân Trí English 3 week(s) ago

A record 10.01 million people visited Vietnam during calendar year 2016, marking a 125% increase over the number of inbound travellers for 2015, the General Statistics Office (GSO) has reported.

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Gas prices to increase from January 1

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SaiGon GP English 3 week(s) ago

Gas prices will increase VND12,000 to VND312,000 (US$14) a 12 kilogram cylinder from January 1 next year, announced gas companies in HCMC yesterday afternoon.

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CPI 2016 increases by 4.47 percent

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SaiGon GP English 3 week(s) ago

The consumer price index (CPI), edged up 0.23 percent in December compared to the previous month and it represented a 4.47 percent year-on-year increase, said the General Statistics Office of Viet Nam this morning.

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Banks increase dong interest rate to lure depositors

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Báo Đầu Tư English 3 week(s) ago

A number of commercial banks have increased their Vietnamese dong deposit interest rates by 0.2-0.4 per cent per year to attract depositors at year-end.

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Peak season comes, but HCM City consumers not buying

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SaiGon GP English 1 month(s) ago

The year-end peak season is approaching but sales of consumer goods have not seen the usual sharp rise.

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Vietnam raises retail fuel prices by up to 6.7 pct

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam has raised the retail prices of gasoline and other oil products by up to 6.7 percent, the largest increase this year, due to recent increases in crude oil, state-owned fuel importer and distributor Petrolimex said on Tuesday.

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Tax incentives provide few benefits

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Báo Dân Trí English 1 month(s) ago

Tax incentives have not contributed much to increase investment or economic growth in Vietnam, according to the latest Oxfam report released on December 12.

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