Business

  Minister of Transport Nguyễn Văn Thể chaired a meeting on transport construction and disbursement on 25 January.  Photo bnews.vn HÀ NỘI — There is just one week left until the deadline for project management boards to step up disbursement to reach 96 per cent at the Ministry of Transport, Minister Nguyễn Văn Thể …

Vietnam’s benchmark VN-Index rose 0.14 percent to 1,481.58 points Wednesday with trading value remains modest. The index stayed in the green throughout the day and closed two points higher after surging nearly 40 points Tuesday. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is …

A gasoline shortage looms since the Nghi Son Oil Refinery, Vietnam’s biggest, has cut production by 20 percent due to financial problems and seems likely to shut down. The refinery in the central province of Thanh Hoa has no funds to import crude oil and might have to suspend operations …

The first two commercial flights from Europe operated by Vietnam Airlines landed at Hanoi’s Noi Bai International Airport on Wednesday after nearly two years of Covid suspension. The first flight departing Frankfurt with 190 passengers arrived at 9:30 a.m. (local time) and another from London carrying 300 landed at 9:55 …

Singapore Airlines has increased regular flights to Ho Chi Minh City and Hanoi from three to eight weekly since Monday. There will be five flights a week from Singapore to HCMC and three to Hanoi, using Boeing B787-10 and Airbus A350-900 aircraft, the carrier announced on its website. Flights between …

Major iPhone authorized resellers in Vietnam have stopped importing iPhone 12 Pro and Pro Max models, seeking to boost iPhone 13 sales. “Most retail chains told me iPhone 12 Pro and Pro Max are out of stock. Some chains still sell them but in only a few stores,” said Que …

  A “field” of wind turbines in Hướng Hóa District, the central province of Quảng Trị. — VNA/VnExpress News Photo Hồ Cầu HÀ NỘI — The World Bank has recommended 20 actions that address three priority areas for Việt Nam’s successful offshore wind industry. The ‘Offshore Wind Roadmap for Việt Nam’ report …

HSBC has announced it will arrange financing of up to $12 billion to support Vietnam’s goal of becoming a ‘net-zero’ emissions economy by 2050. From now until 2030, it would mobilize funds from the local and international financial markets to provide a range of solutions for the government and corporate …

  Workers at a textile factory in Việt Nam. The country’s GDP has been forecast to grow by 7.5 per cent this year by the ASEAN+3 Macroeconomic Research Office. — VNA/VnExpress News Photo SINGAPORE — Economic prospects for ASEAN+3 (Association of Southeast Asian Nations plus China, Japan and Korea) look promising in 2022, despite …

Japanese fashion brand Uniqlo plans to open its first store in the northern city of Hai Phong this summer. It will be a 2,000-square-meter outlet at Aeon Mall Le Chan. Uniqlo, which came to the Vietnamese market two years ago, now has 10 stores in Hanoi and HCMC. Globally, it …