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On account of the registration fee cut, however, many dealers say that the Honda CR-V will lose many of its advantages and even have to join a price war with domestically assembled vehicles. CR-V vehicles are now priced between VND983 million ($42,700) and VND1.1 billion ($47,500), and customers in Hanoi have to pay VND118-131 million ($5,100-5,700) registration fee, while customers only need to pay about VND60 million ($2,600) for a locally built rival Mazda CX-5 or a Hyundai, as registration fees have been cut by 50 per cent for domestically-produced cars. This shows that the future of Honda CR-V in Vietnam is uncertain as price is still a determining factor in sales in the market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

Domestic tourism is slowly picking up, as authorities ease social distancing regulations on planes, trains, and buses. As a result of decisive actions on timely travel bans, cluster testing, and prolonged quarantines, Vietnam has only seen a tiny number of confirmed infections. In early April, the Vietnamese government also announced a $2.6 billion relief package aimed at 20 million people, which included cash transfers to those considered poor and vulnerable. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis

Just recently, the Ministry of Education and Training has proposed introducing a number of regulations on student transportation in the amendments and supplements to the Law on Traffic. Accordingly, student transportation should be considered a special type of system, together with stricter regulations to enhance safety, capacity, and responsibility of related parties such as service providers, drivers, and student supervisors. … [Read more...] about Parents request overhaul of school bus framework