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The Ho Chi Minh Stock Exchange continued advancing with investors cashing-in despite increasing selling pressures. The benchmark VN-Index gained 2.7 points or 0.7 per cent to 390.67 points, after strongly fluctuating and falling nearly 4 points during the session. Pillar stocks and other blue-chip stocks turned back to support the market. Vincom Corp. (VIC) jumped [...]
So as to energize guests after the Lunar New Year holiday, Vietnam’s new budget airline VietJetAir is offering promotion seats priced from VND590,000 ($28) only for all flights between Ho Chi Minh City and Hanoi from March 1 to April 25, 2012. The promotional flights, as parts of “Get Your Lunar New Year Travel Luck” [...]
Foreign tourists will receive value added tax (VAT) refunds on goods they purchase in Vietnam when leaving the country via Hanoi’s Noi Bai and Ho Chi Minh City’s Tan Son Nhat airports. Under a decision issued by Prime Minister Nguyen Tan Dung, the pilot VAT refund scheme will be implemented from July 2012 to June [...]
Around 80,000 tourists in Ho Chi Minh City and neighbouring provinces went abroad through Tan Son Nhat International Airport Minh City to enjoy their lunar New Year holiday, representing a year-on-year increase of 20 percent. According to the municipal Department of Culture, Sports and Tourism, the number of people traveled by road to Cambodia via [...]
Phu Long bridge linking Ho Chi Minh City and Binh Duong province was open to traffic on Feb. 1. With a length of 1,474 metres, the bridge is built over Sai Gon river at an investment of 898 billion VND to improve traffic system at the northeastern gateway of Ho Chi Minh City, shortening the [...]
As of Wednesday, local cooking gas suppliers announced enormous price increases, while earlier, milk producers also shocked consumers with their new pricing scheme. Cooking gas prices rose by VND42,000-45,000 (US$2.16) a 12-kilogram cylinder to VND425,000-464,280 a cylinder, with suppliers claiming the soaring import prices, which shot up by $145 a ton month on month, as [...]
Lanta Viet, a local branch of the recently suspended Russian tour operator Lanta-Tur Voyach, is VND10 billion (US$480,000) in debt to their local partners, according to the Tourism Association in the coastal province of Binh Thuan. After the Russian-based headquarters halted operations on January 27 due to financial problems, Lanta-Viet and its staff disappeared, leaving [...]
One of the causes for the mysterious fires that destroyed a series of motorbikes nationwide may be the poor quality of the gasoline that they had been filled with, a lecturer at a Ho Chi Minh City university said. Thi Hong Xuan, of the Engineering and Technology Department of the Ho Chi Minh City Agriculture [...]
Le Manh Ha, deputy chairman of Ho Chi Minh City People’s Committee’s on December 27 ordered the three telecom providers Mobifone, Vinafone and Viettel to terminate services to 37,000 mobile phone subscribers, for providing incorrect personal information. The People’s Committee will ask the Ministry of Information and Communication to implement measures so that new prepaid [...]
The Vietnam Buddhist Sangha (VBS) has celebrated its activities and key achievements in 2011 at a meeting which opened at Quang Duc zen monastery in Ho Chi Minh City on December 28. The two-day event attracted Buddhist dignitaries from around the nation. According to the VBS Executive Council, activities included celebrating the 30th anniversary of [...]