Want to be in the loop?
subscribe to
our notification
Business News
GOV’T EXTENDS VISA-EXEMPTION POLICY FOR FIVE EUROPEAN COUNTRIES
The Government has agreed to extend visa exemption policy for citizens from the UK, France, Germany, Spain and Italy. Minister-Chairman of the Government Office Mai Tien Dung released the news at the press conference on June 3.
The policy, which will be extended until June 30, 2018, allows citizens from the five European countries to visit Viet Nam without having to apply for visa with the time limit of stay in Viet Nam not exceeding 15 days since the day they get entry permit to Viet Nam.
This is the second time the Government extended the policy which took effect from July 1, 2015.
According to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, the policy has brought about positive effects on the development of the tourism sector.
Official statistics show the number of international arrivals to Viet Nam surged 30.8% in the first five months this year to over 5.3 million.
Noticeably, the extended policy forms part of the Government’s measures to ensure the preset growth goal of 6.7% this year, said Mr. Dung.
At recent Cabinet meeting, the Government tasked the tourism sector to achieve the growth rate of 30% for the rest of the year.
The Cabinet members also agreed to speed up grant of e-visa to foreigners following the Government’s introduction of Decree No. 07/2017/ND-CP guiding the pilot implementation of an e-visa scheme for visitors from 40 countries with an aim to give a boost to tourism growth, according to the Minister-Chairman who is also the Government Spokesperson.
The Decree was considered a new step towards reforming entry and exit procedures for foreign tourists, experts said.
Source: VIR
Related News
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.






















