The government of HCMC yesterday began work on the city’s section of Beltway No. 3 which connects HCMC and three neighboring provinces – Dong Nai, Binh Duong and Long An.

Three Mekong Delta provinces and Can Tho City held simultaneous groundbreaking ceremonies for four components of the Chau Doc-Can Tho-Soc Trang Expressway on June 17.

The Ministry of Finance has written to the National Assembly proposing issuing a resolution that would exempt loss-making businesses from interest on late payments of taxes, land use fees and land rentals in 2022 and 2023.

The State Bank of Vietnam (SBV), the country’s central bank, has once again lowered the maximum deposit interest rate for tenors below six months, the second reduction within nearly a month.

Bamboo Airways has released documents in preparation for the upcoming general meeting of shareholders, confirming that all the five board members of the airline have tendered their resignation.

The HCMC authorities have officially renamed two major bridges that span the Saigon River to the Thu Thiem new urban area. Thu Thiem 1 and Thu Thiem 2 bridges are now called Thu Thiem and Ba Son, respectively.

Individuals’ deposits at commercial banks in the first quarter of 2023 soared by around VND415 trillion, the highest level in over 10 years, despite lower interest rates, showed data from the State Bank of Vietnam (SBV).

The electricity supply in the northern region of the country has improved as technical glitches in several power plants have been resolved.

The Government has given the go-ahead to the commencement next week of construction work on four major road projects in southern Vietnam.

HCMC has thrown its support behind a proposal to connect the planned HCMC-Thu Dau Mot-Chon Thanh Expressway with HCMC Beltway No. 3.