Monday , November 25 2024

Business

Business

South Korean carrier resumes flights to Da Nang

South Korea’s biggest carrier Korean Air Wednesday restarted its Incheon – Da Nang City service after over two years of suspension due to Covid-19. On Wednesday night a flight carrying 200 tourists landed at Da Nang International Airport in central Vietnam. There will be two weekly flights on Wednesdays and …

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Electricity consumption hits new record amid heatwave

Electricity consumption hits new record amid heatwave

Power consumption soared to an all-time high of 45,528 megawatts at noon Tuesday as people turned on air-conditioners and other devices to beat the searing heat. It was 6,000 MW higher than last week’s average, Nguyen Duc Ninh, director of the National Load Despatch Center, said at a conference Wednesday. …

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Lopsided relationship scares investors off PPP

  Overhead view of a project under the North-South Highway Project. VNA/VNS Photo Huy Hùng HÀ NỘI — Nearly 18 months since the introduction of the 2021 Law on Public-Private Partnership (PPP) in Việt Nam, it’s still difficult to get investors to warm up to PPP projects despite the huge potential …

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Shares mixed on sliding liquidity

People buy smartphones at Mobile World Investment’s store in Hà Nội. MWG shares lost more than 5 per cent yesterday. — VNS Photo Mai Hương HÀ NỘI — Shares continued to slide in HCM City but recovered in Hà Nội on Wednesday as liquidity decreased on widening divergence. On the …

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Southern land, house prices up by 20 pct

Southern land, house prices up by 20 pct

Land and house prices in southern localities in May rose 10-20 percent year-on-year as new projects establish a surging price tag that raises the market average. Land prices in the provinces of Binh Duong and Long An increased by 11 percent, with the latter accounting for 70 percent of new …

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Toyota Land Cruiser out of stock in Vietnam

Toyota Land Cruiser out of stock in Vietnam

A supply crunch has forced Toyota dealers across Hanoi and Ho Chi Minh City to stop accepting new Land Cruiser orders, with customers buying from each other at higher prices. The Land Cruiser LC300, a new version of one of the most sought-after SUVs made by the Japanese automaker, has …

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VN-Index hits 14-month low

VN-Index hits 14-month low

Vietnam’s benchmark VN-Index dipped 0.27 percent to 1,169.27 points Wednesday, the lowest since last March, but with 15 blue chips gaining. The index closed 3.2 points lower after losing over 41 points this week. Trading on the Ho Chi Minh Stock Exchange fell by 15.6 percent to VND13.31 trillion ($572.7 …

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