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The company is now in full throttle, preparing to kick-off the construction of Hoang Huy Commerce, a development consisting of an apartment complex and a trade centre. With its prime location on Vo Nguyen Giap road – the backbone of Haiphong connecting Hanoi-Haiphong Expressway with the city centre – Hoang Huy Commerce is being harangued in as one of the seamless and most modern real estate projects in the port city in the next two years. … [Read more...] about Hoang Huy Group – Pursuit of green perfection

GDT said it is now able to control payments abroad from Vietnam’s businesses, but admitted that it is difficult to control individuals’ transactions on cross-border digital platforms. These include payments by individuals and households for Netflix’s services. … [Read more...] about Tax collections from cross-border platforms too low

The project will be implemented in in the period 2020-2030 with a total investment capital of VND95,800 billion (US$4 billion). This is one of 45 projects under the strategic breakthrough programs of the Resolution of the 11th City Party Congress for the 2020-2025 term, carried out by the HCMC Department of Industry and Trade in coordination with the Vietnam Logistics Research and Development Institute. With its strategic target, the growth rate of logistics service revenue from the HCMC enterprises is expected to reach 15 percent by 2025 and 20 percent by 2030, contributing to 10 percent and 12 percent of Gross regional domestic product (GRDP) in 2025 and 2030 respectively; thereby the country’s average logistics cost will fall to 10 percent to 15percent in 2025. Additionally, the project will contribute to promoting construction progress of ring roads and expressways connecting Ho Chi Minh City with the Southern provinces, promoting freight transport by waterways and … [Read more...] about Ho Chi Minh City invests US$4 billion for development of logistics sector

HCMUS.Twice comprising Vuong Hy, Nguyen Quoc Trung, Nguyen Thu Hong An, and Nguyen Hy Hoai Lam represented Vietnam at the virtual event held earlier this week, which involved a "Capture the Flag" contest, a cybersecurity competition. … [Read more...] about Vietnamese students place 2nd in regional cybersecurity competition

According to Economist Intelligence Unit, the proportion of households earning more than $10,000 per year has increased from 12 per cent in 2016 to 17 per cent in 2021. In addition, Vietnam’s middle class is among the fasting-growing ones in the Asia-Pacific, more than 50 per cent of the population is of working age, and more than 40 per cent is under 24 years old – it is this golden population, coupled with the rapid growth of the middle class, that creates the demand for basic and high-end retail goods. … [Read more...] about Modern retail – a pleasing experience