28
10-2020
#
Saigon double-decker buses to cease service by year-end

If you have yet to try the double-decker buses in Ho Chi Minh City, find some time to enjoy the service before its scheduled demise by the end of this year. There is only one pair of two-story buses in the southern Vietnamese city, operated by local firm Quyet Thang Cooperative. The company is set […]
28
10-2020
#
Carriers fear more delays, higher fares as Vietnam’s biggest airports upgraded

The ongoing and planned upgrades and expansion projects at two of Vietnam’s largest airports may facilitate better airline services upon completion, but the carriers have complained that the works are hamstringing their current operations. A tired passenger sleeps at Tan Son Nhat International Airport in Ho Chi Minh City on August 7, 2015. Airlines are […]
28
10-2020
#
Vietnam’s central bank defends surprise rate cuts amid credit worries

Vietnam’s central bank on Monday defended its surprise decision to cut interest rates despite International Monetary Fund advice to keep monetary policy on hold because of concerns over the pace of credit growth. A client counts Vietnamese dong banknotes at a bank in Vinh Yen city, Vietnam, August 19, 2015. The State Bank of Vietnam […]
28
10-2020
#
Foreign banks on trend to exit Vietnam

Several foreign banks have exited Vietnam or narrowed operations in the Southeast Asian country, against early expectations that they would soon eat into the market shares of local lenders. People walk past the ANZ branch in Ho Chi Minh City. The upcoming sale of the Ho Chi Minh City branch of the Commonwealth Bank of […]
28
10-2020
#
Vietnam ministry insists on exorbitant ‘environmental protection’ tax on fuel

Vietnam’s Ministry of Finance has reaffirmed its stance that the ‘environmental protection’ tax on fuel should be capped at VND8,000 a liter, apparently turning a deaf ear to local experts and members of the public. A customer pays for her petrol refill at a filling station in Ho Chi Minh City. The VND8,000 a liter […]
28
10-2020
#
Ho Chi Minh City launches traffic information app

The Ho Chi Minh City Department of Transport has launched an online information-sharing platform, allowing commuters to monitor traffic in real time and report congestion or other infrastructure incidents to authorities via their smartphones. In addition to directions, the web version of the platform, http://giaothong.hochiminhcity.gov.vn/ lets users check information such as traffic jams, flood-prone areas […]