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Business

Business

Vietnam to have 30 airports by 2030

Vietnam to have 30 airports by 2030

Vietnam will have a total of 30 airports by 2030 including 14 serving international flights, according to a draft plan that the Civil Aviation Authority of Vietnam has submitted to the Ministry of Transport recently. The international airports are Van Don, Cat Bi, Noi Bai, Tho Xuan, Vinh, Phu Bai, …

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Inflation takes toll on seafood companies’ profits

Inflation takes toll on seafood companies’ profits

Major seafood producers saw profits plummet in the last quarter of 2022 as inflation hit consumption and costs rose. Vinh Hoan Corp, a pangasius producer based in the Mekong Delta, reported profits were down by half year-on-year to VND200 billion ($8.48 million). Shrimp producer Sao Ta reported a 26% decline …

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Vietnamese desserts among world’s 100 best cakes

International cuisine magazine Taste Atlas has named Vietnam’s ‘banh da lon’ (steamed layer cake) and ‘banh chuoi’ (banana cake) on its list of the world’s 100 best cakes. Banh chuoi, a traditional dessert in the southern region, where the dish can be steamed or baked on a charcoal grill, ranked …

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Coffee shops that stay open all night in Saigon

With a variety of drinks and relax ambiance, these coffee shops that stay open 24/7 are options for a late night out in Saigon. Kai Coffee Kai Coffee has a quiet atmosphere, a spacious space, and is decorated in a modern style. There are many tables arranged in the coffee …

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Dollar moves up slightly on black market

Dollar moves up slightly on black market

The U.S. dollar rose slightly against the Vietnamese dong on the black market Saturday morning. Unofficial exchange points sold the dollar 0.02% higher at VND23,625. Vietcombank maintained the greenback at VND23,745. The rate at Eximbank was stable at VND23,710. The State Bank of Vietnam (SBV) kept its reference rate unchanged …

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VIX Securities Company chairwoman quits within 3 months

VIX Securities Company chairwoman quits within 3 months

Nguyen Thi Tuyet, chairwoman of VIX Securities Joint Stock Company, has resigned three months after being appointed to the job. The company’s board of directors has accepted the resignation and named Nguyen Tuan Dung as her replacement. Tuyet, elected in November for the 2021-2026 term, holds 21.4 million shares of …

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Vietnam to have 30 airports by 2030: draft planning

Vietnam to have 30 airports by 2030: draft planning

Vietnam will have a total of 30 airports by 2030 including 14 serving international flights, according to a draft plan that the Civil Aviation Authority of Vietnam has submitted to the Ministry of Transport recently. The international airports are Van Don, Cat Bi, Noi Bai, Tho Xuan, Vinh, Phu Bai, …

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Cambodia eyes one million tonnes of rice exports by 2025

Cambodia eyes one million tonnes of rice exports by 2025

The Cambodia Rice Federation (CRF) has set export targets for the nation at 750,000 tonnes of milled rice in 2023 and one million tonnes by 2025. According to CRF President Chan Sokheang, the federation has also set a goal to facilitate profitable, sustainable, environment-friendly rice business. The CRF will continue …

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