Business

Though Tet is more than a week away, many peach trees have already blossomed in Sa Pa, leaving growers with potential losses of billions of dong (VND1 billion = $40,958). The Lunar New Year holidays, Vietnam’s most important, will last from Feb. 8 to 14 this year. The New Year …

  At the signing ceremony between TTC Land and AeonMall Vietnam. Photo https://nguoidothi.net.vn HÀ NỘI — The Saigon Thương Tín Real Estate Joint Stock Company (TTC Land) and AeonMall Vietnam Co., Ltd has officially announced a plan to construct an Aeon Mall shopping centre as part of the TTC Plaza Đà Nẵng project, which is developed …

  Customers conduct transaction at an ABBANK branch in HCM City. — Photo courtesy of the bank HCM CITY — An Bình Commercial Joint Stock Bank (ABBANK) provisioned nearly VNĐ1.49 trillion (US$60.87 million) for credit risk last year, sending its pre-tax profit plummeting to VNĐ513 billion ($20.9 million) as against …

HÀ NỘI  More than VNĐ662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance. The ministry said on February 1 that some VNĐ88.28 trillion was disbursed for the socio-economic recovery and development …

  Thang Long Industrial Park in Hanoi’s outlying district of Dong Anh. — VNA/VNS Photo HÀ NỘI —  An estimated US$866.8 million in foreign direct investment (FDI) was channelled into Hà Nội in January, the municipal Statistics Office reported. That comprises $859.4 million registered for 10 new projects, $5.1 million added to six …

Vietnamese airlines leased 12 aircraft last month to meet high travel demand during the upcoming Lunar New Year holiday, but many routes are still sold out. In the last four weeks VietJet has leased six aircraft for the seven-day Tet holiday which begins next Thursday, increasing its number of flights …

The iPhone has become the best-selling smartphone of all time with billions of units sold and active users. Of the 15 best-selling mobile phones of all time, the iPhone 6 claims the third spot with 222 million units in sales, sitting just behind the non-smartphone classics Nokia 1100 and 1110, …

  The National Institute of Nutrition and Nestlé Việt Nam signed a strategic co-operation agreement. — Photo courtesy of Nestlé Việt Nam HÀ NỘI — The National Institute of Nutrition and Nestlé Việt Nam on Wednesday signed a strategic co-operation agreement on enhancing communication to raise awareness about the role of proper nutrition and …

  Vietnam Airlines‘ aircraft parked at Nội Bài airport. – Photo of Vietnam Airlines  HÀ NỘI — Vietnam Airlines group for the fourth quarter of 2023 achieved improved indicators and recorded a profit from transportation activities, according to its financial report released on January 31. In December 2023, the airline reported a …

  Customers purchase fuel at a petrol station in Hà Nội. — VNA/VNS Photo HÀ NỘI —   The ceiling retail petrol prices were revised up from 3pm on February 1 by the Ministry of Industry and Trade, and the Ministry of Finance. The ceiling price of RON95-III went up VNĐ753 to …