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Image: Luxury cruise ship brings 3,500 int’l tourists to Vietnam

Luxury cruise ship brings 3,500 int’l tourists to Vietnam

HCMC – Luxury cruise ship Spectrum of the Seas, with 3,500 international passengers on board, arrived at the Phu My port in Ba Ria-Vung Tau Province on February 26 for passengers to start their two-day tour to tourist destinations in Ba Ria-Vung Tau, HCMC and Tien Giang. The cruise ship is set to

Image: PouYuen Vietnam provides financial aid for laid-off workers

PouYuen Vietnam provides financial aid for laid-off workers

HCMC – PouYuen Vietnam will provide VND275 billion in financial aid for employees who will be laid off next month. Each laid-off employee will be entitled to an amount equal to 0.8 month of salary for each year of service, and the average allowance for each employee will be VND116 million,

Image: Hoa Binh starts work on 49-kilometer road to boost regional connectivity

Hoa Binh starts work on 49-kilometer road to boost regional connectivity

HCMC – Hoa Binh Province has broken ground on a 49-kilometer-long road connecting the province with Hanoi City and the Son La expressway, with a total cost of over VND4.1 trillion. The groundbreaking ceremony, held on February 26, was attended by Prime Minister Pham Minh Chinh, the local media

Image: Visa renews partnership with HCMC transport dept

Visa renews partnership with HCMC transport dept

HCMC – Visa, the world’s leader in digital payments, has renewed its memorandum of understanding (MOU) with the HCMC Department of Transport to transform urban mobility across the city. The partnership aims to develop modern public transit systems with open-loop EMV tap-to-ride technology,

Image: Vietnam posts US$1.7 billion trade surplus in mid-February

Vietnam posts US$1.7 billion trade surplus in mid-February

HCMC – Vietnam has seen a trade surplus of US$1.68 billion in the year to February 15, with the surplus of the first half of February alone contributing US$1.1 billion, official data showed. Of the amount, Vietnam’s goods exports in the first half of February amounted to US$13.4 billion, up 49%

Image: FLC shares suspended from trading on UPCoM

FLC shares suspended from trading on UPCoM

HCMC – The Hanoi Stock Exchange (HNX) has announced it will not allow FLC Group to trade its shares on the Unlisted Public Company Market (UPCoM). On March 3, FLC stocks will be listed on the UPCoM market, but it will continue to be suspended from trading, according to the HNX. The company will

Image: Khanh Hoa seeks to extend tourist submarine pilot

Khanh Hoa seeks to extend tourist submarine pilot

HCMC – Local authorities in the coastal province of Khanh Hoa have proposed the Ministry of Transport extend the pilot period of a tourist submarine service in Nha Trang Bay. The province has also suggested that the ministry complete the regulatory framework and conduct the pilot performance

Image: Air services on Ca Mau-Hanoi route to be available in late April

Air services on Ca Mau-Hanoi route to be available in late April

HCMC – Commercial flights between Hanoi City and the Mekong Delta province of Ca Mau will be launched from April 30, with three weekly flights. The government of Ca Mau, the Civil Aviation Authority of Vietnam (CAAV), and local carrier Bamboo Airways yesterday, February 23, reached a consensus to

Image: Ministry proposes steeper excise tax on tobacco, alcohol

Ministry proposes steeper excise tax on tobacco, alcohol

HCMC – The Ministry of Finance has proposed slapping higher excise tax on unhealthy products such as cigarettes, beers and alcoholic beverages, and adding sugary drinks to the list as well. The ministry is seeking feedback on the proposal to work out the revised law on excise tax to stimulate

Image: Japanese businesses keen on Mekong Delta

Japanese businesses keen on Mekong Delta

HCMC – Many Japanese businesses are seeking to launch operations in the Mekong Delta, with Vinh Long Province as a destination of priority, according to the Japan External Trade Organization (JETRO). The preference for Vinh Long is in response to growing construction costs and a scarcity of

Image: Construction Ministry wants target for social homes reduced

Construction Ministry wants target for social homes reduced

HCMC – The Ministry of Construction has proposed the prime minister lower the target of building social homes for workers and low-income people to just over one million in 2021-2030. The budget for the plan would also be cut by VND280.5 trillion. The proposal received approval from most

Image: HCMC finds jobs for PouYuen’s laid-off employees

HCMC finds jobs for PouYuen’s laid-off employees

HCMC – The local authority has contacted 15 different businesses to find jobs for some 2,500 workers about to be laid off by PouYuen Vietnam this month, according to the HCMC Department of Labor, Invalids and Social Affairs. Some 15 businesses are prepared to offer around 3,200 similar jobs for