September 16, 2022

Vietnam remains world’s second biggest coffee exporter

Vietnam’s coffee has been shipped to more than 80 countries and territories, making the country the second biggest exporter in the world, with a market share of 14.2%. The country earned 2.8 billion USD from coffee exports in the last 8 months, up 40% year-on-year. Coffee is one of Vietnam’s

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Vietnam’s 500 most profitable enterprises in 2022 announced

 The list of 500 most profitable enterprises in Vietnam this year was released on Thursday with the Vietnam Oil and Gas Group, Samsung Electronics Thai Nguyen, and Hoa Phat Group in the top 5. They are followed by Viettel Group and Vietcombank in the list compiled by Vietnam Report JSC and VietNamNet online newspaper. Contrary to

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Hanoi authorities begin closing train track coffee shops

 Barriers and warning signs in both Vietnamese and English have been erected and police officers have been deployed to enforce the closure of the famous train street in downtown Hanoi from Friday. Tourists seeking the unique sight are also turned away. Hoan Kiem district’s authorities said they will close and revoke the licences of all coffee shops

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US announces new 600 million USD arms package for Ukraine

 US President Joe Biden announced a new 600 million USD arms package to help the Ukrainian military battle Russia, according to a White House memo sent to the State Department on Thursday. The package includes High Mobility Artillery Rocket Systems (HIMARS), night vision goggles, claymore mines, mine clearing equipment, and

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Hanoi to host Oktoberfest Vietnam event

 Oktoberfest Vietnam, one of the most exciting cultural events that has been held in HCM City for the 16th year, will be brought to Hanoi next month. The festival will take place at the Hanoi Daewoo Hotel’s outdoor swimming pool, from 6pm to midnight from October 6-8. Guests can savour

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Finance Ministry proposes tariff cuts to bring down petrol prices

The Finance Ministry has proposed a reduction of the most favoured nation tariff on a number of petrol products widely used in industrial production from 20% to 10% in an effort to bring down the economy’s input cost. In addition, the ministry said it will consider lowering the current tax on

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