Business

The Cambodian government plans to launch a speed boat service connecting Kep Province with Phu Quoc Island to boost tourism. Cambodian authorities are in preparations to launch the international waterway for tourists to travel between Koh Tonsay in Kep Province and Phu Quoc Island off the Mekong Delta province of …

Vietnam’s benchmark VN-Index dropped 1.33 percent to 1213.93 points Wednesday, lowest in over four weeks. The index closed over 16 points lower after gaining three points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 13 percent to VND16.47 trillion ($709.09 million). The VN-30 basket, comprising …

  A customer buys petrol at a petrol station of Việt Nam National Petroleum Group (PLX) in Hà Nội. PLX lost 4.9 per cent on Wednesday. — VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese shares ended lower on Wednesday as investors shunned risky assets on worries about volatile global markets after …

Fifty percent of factory workers want to switch jobs to get better benefits and more flexible working hours, a study by recruitment company ManpowerGroup Vietnam has found. Their biggest demands are the freedom to choose when to begin and end their workday and where to work and more vacations, according …

Unclear regulations, low prices and an insufficient grid are hampering efforts to develop offshore wind power, experts and industry insiders have said. By 2030 offshore wind power capacity would be 7,000 megawatts (MW), envisages the Power Development Master Plan VIII for 2021-30. But Nguyen Thi Thanh Binh, deputy director of …

Nha Trang authorities are offering tourists free rides on open-top buses this week as they host a major summer beach festival to boost tourism. The buses, which are making their first appearance in the city, will depart from Vinpearl, a tourist area, pass through the 12-kilometer Tran Phu Street along …

  Newly constructed Đại Thanh Residential Complex in Thanh Trì District, Hà Nội. VNA/VNS Photo Đoàn Tùng  HÀ NỘI – The Ministry of Construction (MoC) has proposed controlling the bond issuance activities of real estate enterprises but not tightening investment in real estate bonds, Nguyễn Mạnh Khởi, deputy director of MoC’s …

VinFast plans to open at least 50 dealerships in major European cities like Berlin and Paris for its electric cars as it seeks to become a global player. The company announced this at the EVS35 exhibition in Norway on June 13 where it is promoting its VF8 and VF9 electric …

The World Bank has advised Vietnam to support poor households hurt by the impacts of rising gasoline prices. “Temporary support including targeted transfer should be considered to help poor households weather the surging fuel prices,” the lender says in its June country report. To deal with the price shock that …

Vietnam Airlines expects financial difficulties to last until the end of 2023, amid aftermath of the Covid-19 pandemic. The flag carrier targets to be profitable and turn around its negative equity this year, it said in a filing to the Ho Chi Minh Stock Exchange, on which its stock HVN …