Business

The proportion of Japanese enterprises operating in Vietnam forecast to be profitable in business activities last year is 54.3 per cent, up 4.7 points compared to 2020.

Vietnam will reduce the excise tax and registration fee placed on electric cars, with these two preferential policies anticipated to become a lever in which the local electric vehicle market, which is in its infancy, can quickly develop in 2022.

The central city of Da Nang has taken the top position in the Vietnam Tourism Competitiveness index (VTCI), according to the city’s Department of Tourism.

A large-scale rice processing plant was put into operation in the Mekong Delta province of An Giang on January 18.

The US Agency for International Development and Vietnam’s Ministry of Planning and Investment on Tuesday launched a new project that will focus on building the competitiveness of Vietnam’s small and growing businesses.

Dragon fruit growers in the southern province of Long An are facing great losses due to the sharp price drop.

With high export growth recorded in the United States last year, Vietnamese rubber exports to the demanding market are set to continue to witness positive signs this year.

The Vietnamese stock market has witnessed drastic changes in both quality and quantity in 2021 and the trend will continue this year, BIDV Securities Company said in a recent report.

Danish toy production company LEGO Group is recruiting personnel for its US$1 billion plant project that is expected to get off the ground in the southern province of Binh Duong this year.

Ecological agriculture, modern rural areas and smart farmers are expected to be the three key factors helping agriculture secure its role as a firm pillar of the economy in 2022 and following years.

Residents in a district of the northern central province of Thanh Hoa are trying to increase the amount of grilled fish they produce to serve the increasing demand for the coming Lunar New Year or Tet Festival.

Economic and industrial parks nationwide drew 539 foreign-invested and 615 domestic projects with a total registered capital of 12.8 billion USD last year despite COVID-19 pandemic, up 15 percent annually, reported the Ministry of Planning and Investment.

The frequency of regular international routes to France, Germany, the UK, and Russia could be expanded to 10 flights per week for one-way tickets applicable to all airlines of each side for each respective market.

Famous Italian yacht manufacturer Fiart Group has recently signed a co-operation agreement with Saigon Yacht and Marina JSC (SYMC), a company which specialises in providing yacht and marina service solutions in Vietnam.

The Civil Aviation Administration of Vietnam has recommended the reopening of flights to Europe to meet the increasing demand during the Lunar New Year Holiday.

Vietnam has the third lowest operating costs among nine countries in Asia, just behind Cambodia and Myanmar, according to Asia-Pacific’s leading business transformation consultancy TMX.

Ho Chi Minh City will begin construction of Metro Line No. 2 in 2022, according to the municipal Department of Transport.

The number of domestic air passengers has been on the rise as the Lunar New Year or Tet Holiday approaches.

The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended.