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Sweden's Wayne's Coffee arrives in Vietnam

The Wayne’s Coffee brand from Sweden has opened its first store in Vietnam, at the Viettel Complex in Ho Chi Minh City’s District 10.  This is the first time Sweden’s Fika culture has been seen in Vietnam (Fika being a harmonious combination of the culture of American fast-coffee and the sophistication of the Japanese art ... Read More »

Ho Chi Minh City in property boom

The HCM City housing market will continue to grow this year, especially the VND1 billion (US$44,000) condo segment, the HCM City Real Estate Association (HoREA) has predicted. A corner of Phu My Hung urban area in HCM City  Le Hoang Chau, HoREA Chairman, said the VND1 billion segment will be the most liquid while the luxury segment will be restructured ... Read More »

Hanoi leads in six-month FDI attraction for first time

Hanoi drew in more than US$5.9 billion in FDI in the first half of 2018, making it the country’s largest six-month FDI attractor for the first time in three decades, said Chairman of the municipal People’s Committee Nguyen Duc Chung on June 17. The annual conference “Hanoi 2018 – Investment and Development Cooperation” is held on June 17.  He made ... Read More »

Strong State coffer depends on tax revenue

VietNamNet Bridge – Professor Dr Le Xuan Truong, a senior lecturer of tax in the Accademy of Finance, speaks to the Hai quan (Customs) newspaper on various ways to prevent losses in the State budget. Le Xuan Truong. — Photo baohaiquan.vn The financial sector has done its best to prevent losses in the course of State budget collection. What are ... Read More »

VN-Index struggles to regain lost ground

After losing up to 15 points on June 14, the VN-Index of the Ho Chi Minh Stock Exchange (HoSE) struggled to regain lost ground, ending up just nearly 1 point from the previous day.  The VN-Index of the Ho Chi Minh Stock Exchange (HoSE) ends up just nearly 1 point from June 14. Illustrative image Early in the morning session, ... Read More »

Construction of $50-million wool factory begins in Da Lat

The construction of a sheep wool factory kicked off at the Phat Chi industrial complex in Da Lat city of the Central Highlands province of Lam Dong on June 15. The construction of a sheep wool factory kicked off at the Phat Chi industrial complex in Da Lat city of the Central Highlands province of Lam Dong on June 15 ... Read More »

NA passes resolution on State capital control in SOEs

Beer kegs are produced at the Sài Gòn-Bình Tây Beer JSC factory in the southern province of Đồng Tháp. The company is a member of the country’s largest brewer Sabeco, in which the State holds a controlling stake. — VNA/VNS Photo Chương Đài Viet Nam News HÀ NỘI — The National Assembly (NA) has approved a resolution on improving and ... Read More »

VN sees more global hotel brands

The five-star Vinpearl Phú Quốc Resort on Phú Quốc Island. More and more hospitality brands and hotel operators are coming to the booming Việt Nam market. — VNA/VNS Photo Lê Huy Hải Viet Nam News HCM CITY — Việt Nam has witnessed an influx of international hotel brands and hotel management companies in the last few years, according to property ... Read More »

Navigos to advise ministry on labour

Navigos Group has signed a deal with the Institute of Labour Science and Social Affairs to provide job market insights.— Photo courtesy of Navigos Viet Nam News HÀ NỘI — Executive search firm Navigos Group Việt Nam has signed an MoU with the Institute of Labour Science and Social Affairs to provide information on the labour market. Market insights provided ... Read More »