Vietnam’s Phu Quoc pledges to keep night market as key to island economy
EconomyAuthorities in Phu Quoc, a special zone administered by An Giang Province in southern Vietnam, have reassured vendors that the island’s popular night market will not be shut down, calling it a vital part of the local nighttime economy.
Vietnam’s Mekong Delta jackfruit farmers struggle amid price collapse
EconomyFarmers in Vietnam’s Mekong Delta are struggling as Thai jackfruit prices have plunged to just VND2,000-3,000 (US$0.07-0.11) per kilogram, the lowest in years, leaving many unable to cover production costs.
Vietnam coffee industry urged to shift from volume to value-driven exports: foreign expert
EconomyVietnam’s coffee sector, the world’s largest producer of Robusta, needs to shift from volume-based exports toward a stronger focus on quality, standards, and brand value to reinforce its long-term position in the global market, according to a Mexican expert and other industry observers.
Work starts on $182mn industrial park project in Vietnam’s Mekong Delta
EconomyVietnam’s private enterprise T&T Group, in cooperation with the administration of An Giang Province in southern Vietnam, held a groundbreaking ceremony on Monday for the 199-hectare Vam Cong industrial park project, to be executed at a cost of VND4.8 trillion (US$182 million).
Vietnam proposes 20% tax on profit from unlisted share transfer
EconomyVietnam's Ministry of Finance is proposing a 20-percent tax on profits from transfers of shares in unlisted companies, in a move to clarify the distinction between off-exchange equity deals and listed securities trading.
Vietnamese airlines struggle to minimize losses amid higher jet fuel prices
EconomyDomestic airfares in Vietnam will surge sharply from early April while local airlines are set to cut capacity amid rising jet fuel costs, prompting the carriers to actively seek ways to ease pressure on ticket prices and contain losses.
Vietnam revs up for regulated crypto asset market
EconomyVietnam’s push to pilot a regulated cryptocurrency exchange market is gaining momentum, with five applicants now deemed to have submitted valid dossiers.
Vietnam sees silver economy as emerging growth driver
EconomyThe silver economy, which encompasses all economic activities related to the consumption, care, and active participation of the elderly, is emerging as a new driver of growth in Vietnam.
Vietnam deputy premier urges US investors to become ambassadors for int’l financial center
EconomyDuring his recent visit to New York, Vietnamese Deputy Prime Minister Nguyen Hoa Binh attended a Vietnam-U.S. Business Forum, calling on American firms to become pioneering investors and ambassadors for Vietnam’s international financial center.
Vietnam aims to develop H’Mong cattle into national specialty inspired by S.Korea’s Hanwoo brand
EconomyVietnam is aiming to develop the H’Mong cattle breed into a national specialty, drawing on South Korea’s Hanwoo development model, through strengthened cooperation with the Korea International Cooperation Agency (KOICA), livestock authorities said.
