Int'l arrivals on the rise Int'l arrivals on the rise

International visitors to Viet Nam in August reached an estimated 665,000, surging 12 per cent against last month and 7.5 per cent against the same period last year, data from the General Statistics Office (GSO) revealed.

PM assigns ACV to be investor of Long Thanh Airport PM assigns ACV to be investor of Long Thanh Airport

Prime Minister Nguyen Tan Dung has asked the Airport Corporation of Viet Nam (ACV) to be investor of the Long Thanh International Airport in the southern Dong Nai Province.

SBV devalues dong by another 1% SBV devalues dong by another 1%

The State Bank of Viet Nam unexpectedly devalued the dong by another one per cent this morning, its third currency depreciation this year.

Businesses in the dark on Trans Pacific Partnership Businesses in the dark on Trans Pacific Partnership

While trade ministers struggle to hash out a final agreement on the ground-breaking Trans-Pacific Partnership (TPP), Vietnamese companies are largely in the dark about the pact's potential benefits and drawbacks, business surveys have found.

Ford Viet Nam recalls Fiesta to repair faults Ford Viet Nam recalls Fiesta to repair faults

(Sep 03, 2015)

Ford Viet Nam is recalling 1,189 Fiesta vehicles for the inspection and repair of faults in the cars' power system.

First Mini showroom in HCM City opens

Europe Automobiles Corporation (Euro Auto), the authorized Mini importer in Viet Nam, launched on Thursday its first Mini showroom in HCM City at 74 Nguyen Van Troi Street in Phu Nhuan District.

Mercedes-Benz Fashion Week opens in Ha Noi

To celebrate its 20 years of operating in Viet Nam, the MBV officially held the first-ever Mercedes-Benz Fashion Week under the theme, "20 Years of Cars with Stars in Viet Nam" event, yesterday in the capital city.

Honda VN to recall more than 21,000 cars

Honda Viet Nam is recalling 21,181 Civic and CR-V units to check and replace faulty airbags.

Motorists to stop paying road-use fees in 2016

The Ministry of Finance has proposed that the Government should temporarily suspend the collection of annual road-use fees from motorists as of January 1, 2016.

Tax cut expected to help boost domestic automobile industry

Cars with various engine displacement values are expected to enjoy a rebate in the special consumption tax in Viet Nam as of July 1 2016, according to a revised draft on Tax Law issued by the Ministry of Finance recently.

Ford reports 58 per cent sales growth

US auto marker Ford Viet Nam has announced a 7 per cent rise in sales in July to more than 1,400 units, its best-ever monthly performance.

Strong dollar improves car import profits

Local auto import distrbutors could record high growth in the second half of the year as the US dollar has recently raised its value against other foreign currencies.

Overseas Vietnamese to pay no tax on imported used cars

Overseas Vietnamese (Viet kieu) have been granted a tax exemption on used cars they bring to Viet Nam, according to a new government decree.

New Ford Ranger to arrive this month

US auto maker Ford Viet Nam said its New Ford Ranger would hit the market by the middle of this month at a price of VND619-859 million (US$29,100-39,400) including value-added tax.

Uber to accept cash payments from Q3

The United States-based cab company Uber will accept cash payments along with credit card payments in the local market from the third quarter of this year.

VINECO constructs $44.45 million greenhouse system in Vinh PhucVINECO constructs $44.45 million greenhouse system in Vinh Phuc

VINECO, a subsidiary of Vingroup, kicked off construction of the first greenhouse system, valued at VND1 trillion (US$44.45 million), in the northern Vinh Phuc province on August 28.

Decision to ensure high quality bio-fuel suppliesDecision to ensure high quality bio-fuel supplies

From December this year E5 bio-fuel made by adding ethanol will be produced and sold nationwide, according to the Prime Minister's Decision 53/2012/QD – TTg on the road map for using E5 petrol. Dinh Van Ngoc, general director of Binh Son Refining and Petrochemical Company Limited (BSR), a large ethanol supplier for processing E5 petrol, spoke to the media about these issues.

Crab prices fall to their lowest in decades Crab prices fall to their lowest in decades

Crab breeders in the Mekong province of Ca Mau are worried about imminent losses due to the relentless fall in the prices of the crustacean. The main reason for the 30-40 per cent price decline in recent months is that Chinese traders have stoppedbuying.

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