News

Mega Mekong travel expo opens 10 September

Vietnam and the Mekong region’s largest travel exhibition – the International Travel Expo Ho Chi Minh City (ITE HCMC 2015) – will be held from 10 to 12 September at the Saigon Exhibition and Convention Centre. The Ministry of Culture, Sports and Tourism, the People’s Committee of Ho ...

Vietnam, Egypt step up bilateral trade ties

Representatives from about 70 Vietnamese and Egyptian enterprises shared information on business opportunities at a forum in Cairo on 7 September. Keep reading ...

Wrong cost estimates in state-funded projects lead to waste, corruption: experts

Experts have warned that construction costs estimated by the government are often much higher than market prices, creating opportunities for contractors and managers to work together and pocket the extra money. Keep reading ...

Vietnam's visa waiver policy fails to give tourism a strong boost: report

It has been two months since Vietnam started waiving visa for tourists from Germany, France, the UK, Italy and Spain.   But Ung Phuong Dung, director of Indochina Services Travel Group, told Saigon Times Online that around half of her clients from these five European countries still ...

Vietnam plans to drop fines for some tax defaulters

The Ministry of Finance plans to forgo fines imposed on businesses which were behind their tax due date if their partners, including state agencies, had failed to pay them on time in accordance with contract terms. Keep reading ...

Southern farmers bring dead fish to province office to protest pollution

Fish farmers in the southern province of Ba Ria-Vung Tau on 7 August brought hundreds of kilograms of dead fish to the government office, accusing seafood processors of polluting a local river.    The move came one day after they protested with dead fish in front of the ...

Vietnam eyes lower transport prices

The Ministry of Transport is investigating transport companies who have failed to lower prices amid a drop in petrol costs.   Since many transport firms have been slow to reduce their fees even after recent hefty petrol price cuts, the ministry has asked local transport departments to ...

Policy, financial hurdles stymie Vietnam auto industry

Auto maker Vinaxuki recently announced plans to sell its plant in Hanoi’s Me Linh District to repay its debts amid prolonged losses.   It has laid off most of its employees leaving mainly security guards in a factory that used to employ hundreds of workers and engineers. It ...

HCMC plans 3 reservoirs to reduce flooding

The Ho Chi Minh City government plans to invest VND950 billion (US$42.3 million) on building three reservoirs to store rainwater in the next five years in a bid to reduce flooding in the city. Keep reading ...

Asparagus becomes latest promising crop

Farmers in Ha Noi’s suburban Phuc Tho District are making more money after turning to a new crop, asparagus. Bui Thi Lang, head of the district’s Hiep Thuan Commune’s farmers’ association, said that they started to grow asparagus earlier this year after local authorities sought crops ...

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