by Teuvo Tuomi | Aug 31, 2024 | Vietnam, Economy, Manufacturing, News
The registration fee for Vietnamese-made cars will be cut by 50% for three months starting in September, according to the government. This is for a fourth straight year that the cut is being implemented, but every time in the past it was only for six months. The...
by Teuvo Tuomi | Aug 20, 2024 | Vietnam, Exports, Food & Drinks, Lifestyle, News
Vietnam’s rice exports are projected to exceed 5 billion USD this year, fueled by robust global demand and stable prices. Between January and July, Vietnam shipped over 5.1 million tonnes of rice worth 3.2 billion USD aboard, up 25% in volume and 5.8% in value...
by Teuvo Tuomi | Aug 18, 2024 | Vietnam, Investment, News
Vietnam’s cloud and data center industries are now open to 100% foreign ownership through the implementation of the revised Telecommunications Law. The new law, which came into force in July 2024, does not restrict foreign investment in providing digital services,...
by Teuvo Tuomi | Aug 15, 2024 | News, Business, Investment, Trade, Vietnam
The northern port city of Hai Phong has been a foreign investment magnet, hosting 967 foreign direct investment (FDI) projects underway worth US$30.65 billion. At a recent investment promotion conference in China’s Shenzhen city, Hai Phong granted investment...
by Teuvo Tuomi | Aug 13, 2024 | China, Economy, Investment, Trade, Vietnam
In Vietnam, more than 11 billion USD in foreign investment (FDI) was registered during the first five months of 2024, up 2% year on year, reported the Foreign Investment Agency (FIA). According to FIA, Singapore tops foreign investors in Vietnam during the period,...
by Teuvo Tuomi | Aug 6, 2024 | Hanoi, News, Transportation, Vietnam
The elevated section of the Nhon-Hanoi Urban Railway Project will open for commercial operations on Friday. The plan received agreement from the State Examination Council (SEC). The Hanoi Metropolitan Railway Management Board (MRB) says that it was an important event...
