During the course of the morning trading session, buying and selling prices for gold bars quoted by Saigon Jewelry Company Limited (SJC) stood at VND57.65 million and VND58.37 million per tael, respectively, thereby rising by VND300,000 per tael compared to the prices seen on October 20. More stories at Vietnam Insider’s homepage. Phu Quy Group therefore listed each tael of SJC gold at between VND57.45 million and VND58.05 million for buying and selling, adding an additional VND100,000 from the prices recorded on the previous day. Doji Group gold priced at between VND57.4 million and VND58.2 million per tael for buying…
Author: Kevin Le
National Assembly (NA) Chairman Vuong Dinh Hue has signed for issuance a resolution of the NA Standing Committee on a number of solutions to support businesses and people affected by the COVID-19 pandemic, the resolution took effect on October 19. More stories at Vietnam Insider’s homepage. Accordingly, the NA Standing Committee decided to reduce 30% of corporate income tax for enterprises whose revenue in 2021 is less than VND200 billion (US$8.7 million) and experiencing a revenue reduction compared with that of 2019. The reduction is not applied for taxpayers who are newly established, merged or separated in 2020 and 2021…
Football FIFA Elite referee Ngô Duy Lân will officiate games at the AFC U23 Championship’s qualification in Singapore. — Photo oxii.vn HÀ NỘI — Vietnamese match officials have been chosen to referee games at international tournaments later this year. FIFA Elite referee Ngô Duy Lân will officiate in Group H of the AFC U23 Championship’s qualification in Singapore from October 21 to November 1. Lân, 37, is the only male FIFA-certificated referee from Việt Nam to reach Elite level. He has won Việt Nam’s Golden Whistle title for best referee of the year twice and taken part in a number…
Vietnam’s biggest conglomerate Vingroup will start construction on a $387 million battery cell plant for its auto arm VinFast electric vehicles (EVs) in central province of Ha Tinh this year, local authorities said on Wednesday. According the authorities of Ha Tinh province, the battery cell plant, which has a capacity of 5 gigawatt hours (GWh) per year, will be on a 31.1-acre (12.6 hectare) plot. “From the fourth quarter of 2021 to third quarter next year, the plant will be set up and operate at capacity of 3 GWh per year,” the Ha Tinh authorities said in a statement. “It…
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Eighty three percent of expats in Vietnam are optimistic about living here for the next 12 months, anticipating a return to strong economic growth after Covid-19, a survey found. More stories at Vietnam Insider’s homepage. This is similar to the rates in Australia and New Zealand, while Taiwan has a rate of 85 percent, according to HSBC’s Expat Explorer Survey 2021. As many as 20,460 expats based in over 46 countries and regions were questioned in April and May 2021. A total 51 percent of expats in the country say the local community has become more supportive of each other…
Hoi An ancient town in central Vietnam has been named the winner of Asia’s leading cultural city destination category at 2021 World Travel Awards. Hoi An surpassed competitors Beijing, Delhi, Kyoto, Seoul and Hue to claim the title. More stories at Vietnam Insider’s homepage The result was based on votes cast by travel industry professionals and the public, with the nominee gaining the most votes in a category named as the winner. Hoi An served as a busy international port from the 16th to 19th centuries, as merchant ships from many different countries passed by here. It has managed to…
Vietnam’s exports are likely to rise 10.7% in 2021, with annual inflation expected below 4%, the prime minister said on Wednesday, promising lawmakers that economic revival lay ahead. Pham Minh Chinh told the national assembly that Vietnam, consistently one of Asia’s fastest-growing economies, had been badly hit by the coronavirus, which disrupted its supply chains and hit workers in key industries. ###: Many countries plan to resume regular commercial flights to Vietnam Vietnam’s gross domestic product (GDP) contracted 6.17% in the third quarter of 2021 from a year earlier as the containment measures hit, the sharpest quarterly decline on record. Chinh…
Football Hoàng Vũ Sam Sơn has signed a two-year contract with HCM City FC. Photo danviet.vn HÀ NỘI — Although the start of the 2022 football season is still more than three months away, clubs have been working hard to strengthen their line-ups. Many teams are anxious to do business early and get their new players accustomed to their surroundings before the season starts in February. HCM City FC on Tuesday announced their new signing, Hoàng Vũ Samson, who is expected to help to lift the team in the coming V.League 1 season. In a post…
Five critically endangered langurs, a type of monkey killed for bushmeat and traditional medicine have been killed by the poachers in Vietnam. Rangers and police found the dead grey-shanked douc langurs during a regular patrol of forests in Quang Ngai province, state media said Tuesday. According to conservation group Fauna and Flora International (FFI), restricted to the forests of central Vietnam, the known global population of this type of langur is less than 1,000. Other conservation groups estimate their number may be higher as some habitat areas have not yet been surveyed. The primate is a regular victim of the…