15,303 VND per liter is now the reduced price of gasoline grade 92-RON. Last month, Vietnam reduced fuel prices by around four percent as the global downtrend continued. The Ministry of Finance and the Ministry of Industry and Trade are tasked with reviewing pump prices for adjustment every 15 days. The biofuel grade E5’s price … Read more
Giant billboards, print and television were regarded as the top tiers of marketing, the best money could buy. However, with the advent of the internet, and social media titans such as Google, Facebook and YouTube over the last decade, this has changed considerably. The consumers are more connected to the internet than ever, 40 million … Read more
The country in numbers 25% of Vietnamese children under five are anemic, according to data released by the National Institute of Nutrition (NIN). These children suffer from the condition due to the lack of iron in their blood, affecting their physical development, NIN Vice-Director Nguyen Thi Lam said. She added that people living in mountainous … Read more
According to Mr. Nguyen Manh Cuong, General Director of Tripplanner, Meeting, Incentive, Convention and Exhibition (MICE) travel has the potential to be one of the key drivers of travel growth for Vietnam in the years to come. Indeed, according to Mr Cuong, both domestic and international enterprises have recognized the benefits of MICE tourism. The … Read more
The country in numbers 5800 households along canals in Ho Chi Minh City are expected to be relocated in advance of a major aquatic environment improvement project. The primary goal of this third phase is to dredge the Doi and Te canals and upgrade 13.5 kilometers of roadway that run alongside them. The improvements hope … Read more
The country in numbers: 12,456 businesses shutdown in January, according to The General Statistics Office. Economist Pham Chi Lan said private businesses in Vietnam are operating under too much pressure and estimated the government takes 40.8 percent of their profits through taxes and various fees, leaving little to reinvest in development and training. “They can … Read more
USD70-USD100 per kilogram for one Da Lak farmer’s “elephant coffee,” which will be distributed throughout the country starting 2016. Dang Nang Long, who owns the largest herd of domestic elephants in Vietnam’s central highlands region, discovered that his elephants enjoyed ripened coffee beans when taking them to graze in the forest. Initially, he thought nothing … Read more
The Ho Tram Open has come and gone, and now the dust has settled all we can say is… roll on next year! As a proud media partner of the event, Oi Vietnam got an up close experience and had the chance to speak to spectators and sponsors throughout the week, who were unanimous in … Read more
USD25 will be the new fee for single entry visas, down from USD45, as the government seeks to boost tourism. Multi-entry visas will drop from USD95 to USD50, while longer-term visas will range from USD95 – USD155. The figures were announced on the finance ministry’s website on October 13, and the changes will go into … Read more
USD700 fine proposed for drunk drivers. Under a draft decree, automobile drivers with alcohol levels of up to 0.25 mg per liter of breath or 50 mg per 100 ml of blood (Level 1) will face heftier fines, ranging from VND3 million to VND5 million, compared with the current VND2 – VND3 million rates. For … Read more
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