Vietnam Today

Vietnam's government initiates a comprehensive revamp of its salary framework. Public sector employees can expect substantial raises starting July 2024, as the government focuses on equitable income distribution.

The government seeks to bring popular but unregulated electric carts under an official framework

The decision is meant to reduce red tape and simplify business operations for Vietnam's banks and credit institutions.

The Vietnamese port city of Hải Phòng has set its sights high, outlining an ambitious plan to to mobilize billions dollars by tapping into socialized funding sources to propel urban development and bolster its infrastructure.

In a rousing speech marking 70 years since the historic victory over French colonialists, Mr. Pham Minh Chinh rallied the nation to create "miracles of a new Dien Bien Phu" as Vietnam faces complex global headwinds.

Vietnam's aviation authorities insist domestic airfares remain within regulated boundaries, even as airline profits soar and travelers grapple with escalating costs. However, this delicate equilibrium between profitability and affordability may be approaching its breaking point, jeopardizing the nation's aspirations to bolster domestic tourism.