News

Real estate conglomerate Vingroup has acquired Vietnam’s oldest supermarket chain Maximark in an effort to strengthen its foothold in the retail market.   The value of the deal has not been revealed. Maximark, whose first supermarket was open in January 1996, has nine supermarkets, mostly in Ho ...

Vietnam’s Ministry of Finance is considering changing a tax regulation following concerns that the rule has been abused by Chinese exporters to ship a large amount of steel to Vietnam without paying duties.   Currently imported steel with at least 0.3 percent of chrome content will be exempt ...

A new study from Ho Chi Minh City’s environment department has found an increase in dust and toxic gas in many urban areas, warning that motorbike riders can be exposed to major health risks.    According to local media, the environment observation and analysis center measured the ...

The government has announced a new decree which for the first time will allow private and foreign investors to provide certain services at Vietnamese airports.    According to the decree, which will take effect on 12 December, private investors will be allowed to purchase rights to manage ...

An investor from the British Virgin Islands has filed a complaint against ho Chi Minh City officials for mishandling its investment license and soliciting bribes, local media reported.    K.S.T International Holdings Ltd., which is seeking a license to open a business to import electric equipment, said ...

Mass food poisoning suffered by 441 workers at a factory on 21 October was a reminder of the unhealthy factory lunches provided in Vietnam, which has been a major cause of wildcat strikes and the fact that its productivity is among the lowest in the world.   Truong ...

With a fast-growing mobile market of more than 136 million subscribers, Vietnam is now at the dawn of a new technology upgrade. But how fast should the country switch to hi-speed services remains a question.    At a conference in Hanoi on 21 October, Tran Tuan Anh, an ...

With nearly half of their exports going to the 11 other countries that are set to sign the Trans-Pacific Partnership with Vietnam, seafood businesses have become the latest supporters of the controversial and secretive free trade agreement. Keep reading ...

The smog covering Ho Chi Minh City since early this month will continue until at least the end of November when Indonesia is expected to put out its forest fires, an expert has said.   After lifting for a while, the thick haze is back over many ...

Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of $56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported.   The cumulative investment figure was recorded at the end of September and was up 8.6 percent from ...