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Vietnam Airlines encounters difficulty due to high fuel prices

Vietnam Airlines encounters difficulty due to high fuel prices

BUSINESS - Nov 13, 2018 | 05:30 PM GMT+7

The average fuel price in the third quarter rose by 37.5 per cent over the same period, which caused the total cost of Vietnam Airlines to increase higher than its total revenue.

Vietnam reached high consensus to ratify CPTPP

Vietnam reached high consensus to ratify CPTPP

NEWS - Nov 13, 2018 | 08:55 AM GMT+7

Receiving approval from all of the 469 deputies in attendance, the National Assembly officially ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and other relevant documents.

A murky economic outlook for Vietnam in 2019: Expert

A murky economic outlook for Vietnam in 2019: Expert

LEADER TALK - Nov 12, 2018 | 05:17 PM GMT+7

There are three reasons why economist Vu Thanh Tu Anh was pessimistic about Vietnam’s economic outlook in 2019: the declining global economy, the unpredictable impacts of the US-China trade war on Vietnam, and Vietnam’s complicated socio-economic issues.

Tax-free automobiles imported from Thailand surges

Tax-free automobiles imported from Thailand surges

NEWS - Nov 12, 2018 | 09:18 AM GMT+7

Last week, the number of Thailand's cars with nine or fewer seats imported to Vietnam increased by 1,000 units to reach 1,674 units.

Outstanding foreign firms highlighted for Vietnam's agriculture and rural development

Outstanding foreign firms highlighted for Vietnam's agriculture and rural development

NEWS - Nov 11, 2018 | 06:49 AM GMT+7

Notable foreign enterprises in farming industry such as C.P, Cargill, Guyomarc'h were among 53 enterprises in Vietnam granted award titled 'the Business dedicated to Farmers' by the Ministry of Agriculture and Rural Development.

Starbucks Vietnam introduces member card and mobile payment system

Starbucks Vietnam introduces member card and mobile payment system

NEWS - Nov 10, 2018 | 10:08 AM GMT+7

Starbucks Vietnam has just introduced to customers across the market Starbucks cards which are used for its cashless payment system.

Bamboo Airways officially licenced to operate

Bamboo Airways officially licenced to operate

NEWS - Nov 09, 2018 | 03:03 PM GMT+7

The Prime Minister has formally approved the proposal of the Ministry of Transport on the licensing of air transportation business for Bamboo Airways, a member of the FLC Group.

Halong Bay’s largest five-star cruise sets sail

Halong Bay’s largest five-star cruise sets sail

LIFESTYLE - Nov 09, 2018 | 10:42 AM GMT+7

President Cruises’ maiden ship sets new benchmarks in Vietnam’s most famous natural attraction.

Danang international airport ready for expansion

Danang international airport ready for expansion

NEWS - Nov 09, 2018 | 10:34 AM GMT+7

More than 13.7 hectares of remediated land at the Danang international airport has just been handed over to the control of the Ministry of Transportation.

Expats in Vietnam earn over $90,000 each annually

Expats in Vietnam earn over $90,000 each annually

NEWS - Nov 08, 2018 | 03:22 PM GMT+7

Expats in Vietnam reveal that annually they earn on average $90,408 and one-fourth of them own property in Vietnam, according to an HSBC's annual survey.

Hanoi to host Formula 1 Grand Prix from 2020

Hanoi to host Formula 1 Grand Prix from 2020

NEWS - Nov 07, 2018 | 08:13 PM GMT+7

Chairman of Hanoi People's Committee Nguyen Duc Chung has formally signed the memorandum of understanding for the organization of the Formula 1 race for a ten year period, taking place in 2020.

Initial price of VinFast's e-scooters Klara announced being record low

Initial price of VinFast's e-scooters Klara announced being record low

NEWS - Nov 07, 2018 | 03:33 PM GMT+7

The start price of VinFast's electric scooters Klara in the first batch is reduced by 40 per cent compared to the actual price down to even below $1,000 each unit.

European businesses' confidence reaches second highest result

European businesses' confidence reaches second highest result

NEWS - Nov 07, 2018 | 08:01 AM GMT+7

Confidence in Vietnam’s trade and investment environment, now at 81 points, is the second-highest result since the end of 2016, according to EuroCham.

Vietjet signed $6.5 billion Airbus order

Vietjet signed $6.5 billion Airbus order

NEWS - Nov 06, 2018 | 06:31 AM GMT+7

Vietjet and Airbus has just signed a deal for additional 50 A321neo aircraft worth up to $6.5 billion according to the manufacturer’s list price during a visit to Hanoi by French Prime Minister Edouard Philippe.

Thai tycoon unveils strategy for largest industrial park in Vietnam

Thai tycoon unveils strategy for largest industrial park in Vietnam

BUSINESS - Nov 05, 2018 | 04:19 PM GMT+7

While leading investors in the world are looking to industrial hot spots such as Dong Nai and Quang Ninh, Thailand based WHA Industrial Development Group chose Nghe An province, the northern central area of Vietnam, as its first overseas destination.

Indonesian tax-free automobiles massively enter Vietnam

Indonesian tax-free automobiles massively enter Vietnam

NEWS - Nov 05, 2018 | 11:43 AM GMT+7

There were up to 1,995 cars with nine or fewer seats imported to Vietnam last week, mostly from Indonesia and Thailand.

First electric motorcycle model named VinFast Klara launched

First electric motorcycle model named VinFast Klara launched

NEWS - Nov 04, 2018 | 05:23 PM GMT+7

Vingroup's VinFast has just held an inauguration ceremony of its electric motorcycle manufacturing factory which targets to be the most modern in Southeast Asia and launched the first model named VinFast Klara in Hai Phong city.

Hoa Phat Group invested nearly $1 billion in Dung Quat steel production project

Hoa Phat Group invested nearly $1 billion in Dung Quat steel production project

BUSINESS - Nov 04, 2018 | 07:22 AM GMT+7

In addition to owners' equity, Hoa Phat has mobilized tens of trillion dongs from Vietinbank and Vietcombank to invest in Dung Quat steel complex.

Over 90 per cent of Vietnamese firms optimistic about international trade: HSBC report

Over 90 per cent of Vietnamese firms optimistic about international trade: HSBC report

NEWS - Nov 03, 2018 | 07:37 AM GMT+7

Resilient regional trade, domestic economic performance and strong FDI inflows fuel Vietnamese businesses' optimism.

Vietnam drops in ease of doing business ranking: WB

Vietnam drops in ease of doing business ranking: WB

NEWS - Nov 02, 2018 | 05:58 PM GMT+7

Although getting a higher score compared to that of last year, Vietnam drops one place in ease of doing business ranking.

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