Vietnam’s export value is set to reach $330 billion this year, up 17 percent from last year, thanks to the government’s effort to promote trade amid the pandemic. The figure reached $300 billion by last month, with 34 categories worth at least $1 billion, including seven at over $10 billion, …
Read More »Upsurge in Vietnam imports of Cambodian farm produce
The quantity of Cambodian rice, cashew nuts, maize, green beans and soya beans imported by Vietnam in the first 11 months of this year rose 3-4 times year-on-year. Cambodia exported 912,000 tons of cashew nuts, over 134,000 tons of maize, some 26,000 tons of green beans, 66,200 tons of soya …
Read More »Vietnam confirms 15,522 new Covid-19 cases
The Health Ministry announced 15,522 new domestic Covid-19 patients Wednesday in 61 cities and provinces. Most of the new cases were detected in four localities: HCMC (1,270), Ca Mau (1,072), Ben Tre (1,035) and Hanoi (1,024). This was the second day this week Hanoi recorded over 1,000 cases. The city …
Read More »MBBank app makes Apple Store ‘Top Apps of 2021’
Apple just announced App Store Awards 2021, with the MBBank app the only banking application in Vietnam among the Top Apps of 2021 on iOS. While the presence of international brands like Facebook, YouTube, TikTok, and Gmail does not come as a surprise, the Made in Vietnam MBBank app has …
Read More »VN-Index stuck in 1,470 range
Vietnam’s benchmark VN-Index dropped 0.04 percent to 1,475.50 points Wednesday, its third session in the 1,470-range due to lack of supporting news. The index closed 0.5 points lower after slipping 0.2 points Tuesday as investors chose to observe the market amid uncertainties about the impact of the Omicron variant. Trading …
Read More »Aviation association wants home quarantine for overseas Vietnamese cut to 3 days
The Vietnam Aviation Business Association wants the Ministry of Health to reduce its proposed 14-day home quarantine for fully immunized overseas Vietnamese to three days. They could be told to perform a rapid Covid test by themselves and a PCR test for confirmation if they test positive, it said. The …
Read More »4,300 trucks stuck at China border with farm produce
Over 4,300 trucks carrying agricultural produce are stuck at the China border in Lang Son Province due to tightened Covid-19 safety measures on both sides and a labor shortage. Customs clearance has slowed down due to the stepped up pandemic safety measures and a shortage of loaders is causing further …
Read More »Hit by labor shortage, factories send HR staff to sidewalks to hire
In dire need of labor to fulfil orders, manufacturers and exporters in the southern region are stationing human resource staff on roadsides near their factories to recruit workers. For the past month Phuc, HR manager of a woodwork firm in the southern province of Binh Duong, has had to sit …
Read More »Vietnam Airlines to sell 27 planes
Vietnam Airlines plans to sell 15 planes this months and 12 others in the next two years, its CEO said. “Vietnam Airlines plans to sell nine A321s and six ATR-72s in December. From 2022 to late 2023, an additional 12 A321s will be sold,” CEO Le Hong Ha told the …
Read More »Factories boost salaries to retain workers
Some factories are increasing salaries to support workers amid the Covid-19 pandemic and keep them from leaving following a major migration over the social distancing period. Starting this month, over 800 employees at electronics manufacturer Datalogic in Ho Chi Minh City have seen their salaries increase by 7.6 percent. CEO …
Read More »