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Airlines are making just US$1 per passenger: Vietnam Airlines exec.

The rising price of airfares in Vietnam has been in the news a lot lately. A review of airline ticket prices by the Vietnam Aviation Administration, however, after conducting a brief investigation, earlier this year, found that airfares prices have been within the current guidelines–in Vietnam airfares are regulated by the government.

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Another politburo member resigns in Vietnam

Truong Thi Mai  who was, until yesterday, the Standing Secretary of the Secretariat, has resigned her position. This was after it was revealed there were ‘violations and shortcomings’ in her work. Resignations among Vietnam’s leadership have become common of late with the president resigning in March and the Chariman of

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MSCI Frontier Markets Index review see Vietnamese stocks shuffled

Vietnam’s stock market indexes have been in the news a lot lately as the country pushes for an upgrade from a frontier to an emerging market. There are, however, a number of obstacles still standing in the local bourse’s path before an upgrade can be made and, as a result, it may still yet be languishing in MSCI’s Frontier Markets Index for some time to come.

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Electricity in Vietnam: Foreign Investor Cheat Sheet 2024

When it comes to electricity in Vietnam, whether a company is using it or producing it, there are a lot of nuances that foreign investors should be aware of. This cheat sheet runs through a brief overview of how the industry and the market operate. Who manages Vietnam’s electricity supply?

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Vietnam tech-giant’s losses quadruple after audit

VNG’s Zalo currently has about 72.5 million user accounts and its success has put VNG in the government’s good graces. This may speak to reports last week that the Steam gaming platform had been banned in Vietnam at the request of local game producers.

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How to Open a Hotel in Vietnam: Ultimate Guide 2024

This article is sponsored by: your business here (learn more) Vietnamese love taking holidays and as incomes have risen in recent years they have taken to travelling more and more. Furthermore, Vietnam has become a popular travel destination for travellers from outside of the country–in 2019, it welcomed some 19

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Updated power pricing regulations in Vietnam officially kick-in today

Of note, in 2022 EVN reported a loss of US$1.5 billion with rises in fuel costs vastly outstripping the electricity retail price which is regulated. That said, Decision 24 issued back in 2017, the precursor to Decision 5, already had provisions for the electricity price to be adjusted annually, however, between 2019 and November 2023 no adjustment was made. It’s not clear why and in this context the frequency at which power prices are reviewed may not have been the crux of the problem.

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Vietnam real estate market expecting boost from new Land Law

This may, however, be wishful thinking. It is already quite common for overseas Vietnamese to invest in real estate in Vietnam. Generally, if overseas Vietnamese cannot acquire property in their own name they will do so through a family member still living in the country. In this context, it’s not clear that when the new law comes into effect this part of it will make all that much of a difference.

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Vietnam’s Rare Earth Partnership Contenders: Unpacked

For a brief month or two last year, Vietnam’s rare earth reserves were a hot commodity (pun intended). This was on the back of a whirlwind visit to Hanoi by the President of the United States, Joseph Biden, during which he announced the US would support Vietnam with mapping its

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Samsung to increase investment in Vietnam

Samsung has said it intends to invest an additional US$1 billion a year in its operations in Vietnam. This will add to the US$22.4 billion already invested in the country by Samsung.  The arrival of Samsung back in 2008 heralded a significant shift in the manufacturing sector with the South

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