A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of 2025 and 82.2 trillion VND in 2026.
By the end of 2024, the number of registered enterprises in the capital city reached over 400,000, with about 220,000 operating. Notably, more than 98% of the operating firms are SMEs which create jobs for 55.1% of the local workforce and contribute over 40% of the city’s gross domestic product (GDP).
Located along the Dong Nai River, the 293-hectare Hiep Hoa Urban Area project in Bien Hoa city, Dong Nai province will feature a new urban complex with a low population density, modern infrastructure, and a harmony with nature. The development will also focus on sustainable tourism, offering a mix of residential areas, commercial-service housing for tourism, ecological villas, and public services.
Minister of Natural Resources and Environment Chalermchai Sri-on said on March 14 that he has visited many national parks in the past several months and discovered that their officials not only have to protect the forests and wildlife from poachers, but also have to provide services to visiting tourists, such as room rentals and food services.
Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.5% to over 5,246 trillion VND (207.5 billion USD) during January – October, the General Statistics Office (GSO) reported.
Hanoi’s total retail sales of goods and consumer services revenue reached 77.5 trillion VND ( over 3 billion USD) in October, up 2.7% month-on-month and 9.4% year-on-year, according to the municipal People’s Committee.
The patient satisfaction at Hanoi's public and non-public hospitals in the second quarter of this year reached 97.2%, according to Hanoi’s Department of Health (DoH).
Green transformation involves various matters, including developing green products, services, and tourism routes, to make Vietnam’s tourism offerings more attractive and innovative.
In Q1, Vietnam's economy achieved significant milestones, laying a solid foundation for growth throughout 2024. Key sectors such as agriculture, industry, and services remained vibrant, contributing to high growth rates.
Purchasing power for the traditional Lunar New Year (Tet holiday) will increase 10% from the same time last year, according to the Ministry of Industry and Trade.
The Airports of Thailand (AOT) in collaboration with the Tourism Authority of Thailand will roll out a range of measures, including tourism promotion campaigns, to attract tourists, especially those from China.
Retailers in Vietnam are increasing inventory and have launched promotions in anticipation of opportunities in the year-end shopping season, as there are just two months left until the Lunar New Year (Tet) – the biggest festival in a year of Vietnamese people.
Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 9.4% to more than 5.1 trillion VND (207.8 million USD) during January – October, the General Statistics Office said.
