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Savico is Viet Nam’s biggest car dealership chain, selling many different brands such as Toyota, Ford and Huyndai. The number of vehicles sold by its dealer network in 2019 hit 40,500, up 28 per cent year-on-year, equivalent to more than 10 per cent of all cars sold by Viet Nam Automobile Manufacturers Association (VAMA) and Huyndai Thanh Cong. … [Read more...] about Savico appoints new management board amid foreign divestment

“The GSO has requested the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade to review prices from all stages from raising, purchasing, slaughtering and transporting the products to find the unreasonable factors in price formation and bring prices back to the true value.” — VNS … [Read more...] about Monthly CPI falls to lowest in five years

According to the NA-assigned targets, Vietnam’s GDP growth rate in 2020 will be 6.8% while inflation will be kept below 4%. However, the unexpected outbreak of COVID-19 in more than 200 countries around the world has made this goal a major challenge which, as assessed by the Government, is difficult to be achieved. Given that fact, the proposal to adjust the growth targets is necessary and consistent with objective reality, looking directly at the socio-economic situation and forecasting the international and domestic situation in the near future. Under the Government’s updated scenario, the country’s GDP will grow by about 4.5% in 2020. The Government has also set a higher growth target of 5.4% in the event of a favourable global situation, with the disease being put under control and the global market recovering. Meanwhile, the consumer price index (CPI) for the whole year will rise by 4% on average; total state budget revenue will see a reduction of VND163 trillion … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

“It’s probably not everyone’s idea of a tasty meal is it? Brain isn’t Thomas’s favorite offal but he was so into this soup. It was really perfectly cooked. Thanks for watching and commenting mate, hope you enjoyed this video,” Sheena replied to a comment on her YouTube video which said “‘Nice big chunk of brain’…no thanks!” … [Read more...] about Pig brain in crab soup: Kiwi couple recalls ‘spectacular’ food memory in Vietnam

Furthermore, Novaland now possesses nearly 5,000ha of land bank, enough for it to develop new projects well in the next 10 years. This huge land holding ensures the groups development in future. It also guarantees co-operation between Novaland and its distribution agents. … [Read more...] about Novaland cooperates with prestigious agents to deliver real estate projects