Local drug makers struggle to expand market share
HCMC – The Saigon Times Group held a CEO forum connecting experts, authorities and leaders of pharmaceutical firms yesterday, March 9, to discuss the shortcomings of domestic pharmaceutical firms and improve the competitiveness of local manufacturers. The forum, “Enhancing the competitiveness of
Quang Ninh gears up to welcome back Chinese tourists
HCMC – Authorities, travel companies and tourism service providers in Quang Ninh Province are preparing to welcome back group tours from China, as the northern neighbor has allowed the organization of group tours to Vietnam from March 15. China’s move to reopen outbound group tours is seen as a
Chinese firm to pour US$2.5 billion into Thai Nguyen
HCMC – China’s Sunny Group is planning to invest US$2.5 billion in an industrial project in the northern province of Thai Nguyen. At the Vietnamese Government’s Office on March 8, Thai Nguyen Province and Sunny Group signed a memorandum of understanding to develop an industrial center at the Yen
Deputy PM urges handling congestion at auto testing centers
HCMC – Deputy Prime Minister Tran Hong Ha has requested the Ministry of Public Security and the Ministry of Transport to find solutions to worsening congestion at auto inspection centers so as to protect the legitimate interests of car owners. Deputy PM Tran Hong Ha yesterday, March 8, worked with
VND17.7 trillion in corporate bonds to fall due this month
HCMC – The amount of corporate bonds falling due in March is VND17.7 trillion, triple the figure in the previous month, showed data from the Vietnam Bond Market Association. Of the total, the real estate sector accounted for 43%, at nearly VND7.7 trillion, the consumer goods sector 29% at VND5.1
Four toll stations to be set up on Nha Trang-Cam Lam expy
HCMC – The Nha Trang-Cam Lam expressway across Khanh Hoa Province will have four toll stations installed at the Dien Khanh, Suoi Dau, Cam Lam and Cam Ranh intersections, according to the Directorate for Roads of Vietnam (DRVN). DRVN reported this plan to the Ministry of Transport during its review
Vietnam remains key destination for Singaporean investors
HCMC – Numerous Singaporean firms are doing business in Vietnam while many others are sounding out investment opportunities as the country has remained a popular destination for Singaporean investors, heard a conference in HCMC today, March 9. These firms are keen on the infrastructure,
Dong Nai endorses plan to build three bridges to HCMC
HCMC – The southern province of Dong Nai has agreed to develop three bridges linking it with neighboring HCMC, which would ease a surging traffic volume plaguing the existing bridges in the area and promote local and regional socioeconomic growth. One of the three bridges would connect HCMC’s Thu
HCMC proposes using own budget to build inter-port road
HCMC – The HCMC Department of Transport has written to the municipal government proposing using the city’s budget to develop a six-kilometer-long road connecting Cat Lai and Phu Huu ports. The inter-port road would be extended to the HCMC-Long Thanh-Dau Giay expressway and Beltway No. 3,
HCMC removes hindrances to work permit issuance for foreigners
HCMC – HCMC has cut short the procedures for issuing work permits for foreigners and digitalized the application process to make it easy for enterprises to get work permits for their foreign staff. At a dialogue held on March 7 between the European Chamber of Commerce in Vietnam (EuroCham) and the
Fuel imports soar in Jan-Feb
HCMC – Vietnam’s crude oil and fuel imports in the first two months of the year skyrocketed over the same period last year, according to official data. Vietnam imported 1.92 million tons of gasoline worth US$1.7 billion, soaring 43.1% in volume and 56.3% in value compared to the same period last
ManpowerGroup launches research on women’s needs at work
HCMC – ManpowerGroup has launched the What Women Want At Work Research on International Women’s Day (March 3), which found that the top three things female workers want are autonomy at work, equal pay, and understanding and sympathy from the boss. The research from the global recruitment, staffing