Friday , November 22 2024

Business

Business

Aviation industry boosts flights amid aircraft shortage

The average number of operated aircraft is 167 as of July, a decrease of 51 units year-on-year. Planes of airlines at the Nội Bài International Airport. — VNA/VNS Photo HÀ NỘI — As of July, Vietnamese airlines have a combined fleet of 195 aircraft operating under the Air Operator Certificate …

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Quảng Nam Province determined to lure big investors

Quảng Nam Province is seeking investment from big businesses, a seminar heard in HCM City.   The “Investment Promotion Seminar on Quảng Nam,” organised by the central province’s government in collaboration with the Quảng Nam Southern Business Association on July 20 was meant to help southern businesses understand policies and explore investment opportunities. …

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West Coach Station reports highest profit since 2015

West Coach Station Joint Stock Company (WCS), a prominent operator of bus terminals, has announced a profit of VNĐ20 billion (US$785,000) for the second quarter, marking its highest profit level since 2015.   West Coach Station located in Bình Tân District in HCM City. Photo courtesy of West Coach Station Joint Stock Company …

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Firms ask to remove regulations on adding iodine, iron, zinc to food

Companies have urged the Government to remove regulations on adding iodine to salt, and iron and zinc to wheat flour for processing food.   Fish sauce production. Adding iodine to fish sauce production has increased production costs and even changed the taste and colour of the product. —VNA/VNS Photo HÀ NỘI — Companies have urged the Government to remove …

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MobiFone wins the auction for the 5G spectrum

MobiFone Corporation won the auction for the radio frequency band 3,800-3,900MHz for 5G, with a bid of more than VNĐ2.58 trillion (US$1.06 billion). MobiFone’s staff install 5G equipment. — Photo courtesy of MobiFone HÀ NỘI — MobiFone Corporation won the auction for the right to use the radio frequency band 3,800-3,900MHz …

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Phu Quoc Island boat operator improves profits

Superdong Kien Giang, which operates regular high-speed boat and ferry services to Phu Quoc Island, reported profits of VND27 billion (US$1 million) last quarter, the highest in a year. Its revenues were down 4% year-on-year at VND107.7 billion though higher than the preceding three quarters. They represent two-thirds of its …

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Toyota remains ensconced on top of auto market

Despite a sharp decline, Toyota maintained its leading position in the auto market in the first half of the year, selling 22,338 vehicles. Its sales fell by 17% year-on-year amid a general decline in auto demand, data from Vietnam Automobile Manufacturers Association shows. VinFast was second with 20,000 units (all …

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