Business

The Russian government is working on agreements to simplify visa procedures for citizens from six countries, including Vietnam. “We are working on draft inter-government agreements that imply mutual simplification of visa regimes with Angola, India, Vietnam, Indonesia, Syria and the Philippines,” Russian Deputy Foreign Minister Yevgeny Ivanov said, according to …

Vietnam’s outbound investments reached $115.1 million in the first two months of this year, 2.16 times higher than that the same period last year, according to the General Statistics Office (GSO). Of the sum, $109.4 million was poured into 10 new projects, a 2.1-fold rise year-on-year. Meanwhile, four other projects …

Vietnam exported over 41,000 tonnes of pepper worth $129 million in the first two months of this year, up 35% in volume, but down 7.4% in value over the same period from 2022 The average export price of the Vietnamese spice in February 2023 was $3,059 per tonne, a downturn …

SJC gold price fell 0.07% to VND66.85 million ($2,819.78) per tael Monday morning. Gold ring price dropped 0.09% to VND54.3 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally spot gold was down 0.1% at $1,853.19 per ounce, after climbing to its highest since Feb. 15 on …

The U.S. dollar steadied against the dong Monday morning. Eximbank sold the greenback at VND23,870, unchanged from Sunday. Techcombank maintained its rate at VND23,905. Vietcombank increased the dollar by 0.04% to VND23,900. The State Bank of Vietnam kept its reference rate stable at VND23,636. Unofficial exchange points sold the dollar …

Photos of a foreign man begging on the streets of the tourist city of Da Nang have gone viral on social media over the past few days, prompting city authorities to investigate. The man has been seen standing on downtown streets in the Thanh Khe District holding a sign in …

Vietjet is set to launch new international services and offer millions of tickets priced from VND8,300 (US$0.35) across its network to mark International Women’s Day, March 8. The “No boundary, let’s fly for love” promotion to run from March 3 to 9 will apply across its entire flight network spanning …

A new decree on corporate bonds allows issuers to extend payments by a maximum two years if holders agree. If not, issuers need to negotiate to ensure their rights are fulfilled or go back to the original payment plan. The decree, effective Sunday, drops a previous term which blocked issuers …

Vietnamese airlines are seeking government support to speed up post-pandemic recovery, including scrapping a ticket price ceiling and relaxing visa policies. The outlook for the aviation industry seemed bright in a forecast by the Civil Aviation Authority of Vietnam (CAAV) last month when it said that a full recovery of …

Ten banks have reduced deposit interest rates by 0.3-1 percentage points over the last two week. The highest rate any Vietnamese bank is now paying out as interest on deposits is 9.5% a year. PGBank slashed the rate by 1 percentage point. Early last month, some 20 banks offered depositors …