China will suspend customs clearance for Vietnamese goods at border gates in the northern province of Lang Son for seven days during Tet, the Lunar New Year festival. The customs clearance will stop from Jan. 31 to Feb. 6, instead of the previously announced 28 days, the province’s Dong Dang …
Read More »Buy2Sell a fintech solution for B2B ecommerce in Vietnam
Despite the impact of Covid-19, the e-commerce platform has reported an increase in consumption, with demand for online shopping being strong. As of the fourth quarter of 2021, 60 percent of the platform’s estimated revenues, or approximately $28 million, has been reinvested into B2B e-commerce development to allow local sellers …
Read More »CAAV suggests increasing domestic flights as Tết approaches
Demand for flights is expected to continue to grow in the run-up to Tết. VNA/VnExpress News Photo HÀ NỘI — As the Tết (Lunar New Year) holiday approaches the Civil Aviation Authority of Việt Nam (CAAV) has requested the Ministry of Transport allow it to take the initiative in increasing flights, starting from …
Read More »Citi announces agreement to sell consumer bank to UOB Group
A Citi office in Hà Nội. — Photo courtesy of the bank HÀ NỘI — Citi on Friday announced it has reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Việt Nam, Indonesia, Malaysia and Thailand. The transaction includes retail banking and credit …
Read More »Intel solutions empower businesses to navigate pandemic
Intel has introduced the 11th Gen Intel vPro platform to optimize performance and security for businesses. The Covid-19 pandemic has accelerated digital transformation in organizations. This has led to plans that used to take years to deploy now playing out in weeks and months. With uncertainty in the workspace of …
Read More »VN-Index moves sideways with plunging trade value
Vietnam’s benchmark VN-Index went sideways Friday on 1,496.02 points, ending a week of strong fluctuations that resulted in a 32-point drop. The index started off with a 19-point plunge and gradually climbed to close with a 0.03-point fall. VN-Index closed the week with four sessions in the red. Trading value …
Read More »Vietnam Airlines to open ticket sales for regular Australia flights
Vietnam Airlines will start selling air tickets for regular flights between Vietnam and Australia from Saturday, signaling its resumption after two years. Vietnam Airlines plans to fly between Ho Chi Minh City and Sydney twice a week and between Hanoi and Sydney once a week, it stated on its website. …
Read More »Vinasun to fire deputy director as it restructures after Covid devastation
Taxi operator Vinasun will sack a deputy director who has been with it for 19 years as it seeks to restructure to shrug off the impacts of Covid-19. The loss-making HCMC company will terminate its contract with Nguyen Thi Dang Thu, 48, at the end of February. Thu had taken …
Read More »Hyundai Santa Fe wins Car of the Year award
The SUV Hyundai Santa Fe has surpassed 14 other nominations to be the Car of the Year in VnExpress Car Awards 2021. The mid-size car of the South Korean brand also won the best car title in the SUV-Crossover for segments D and E with a point of 81.58 over …
Read More »Cancel Trung Nguyen divorce ruling, says prosecutor’s office
The country’s top prosecutor’s office has recommended that the divorce granted to coffee giant Trung Nguyen’s chairman and his wife should be overturned due to errors in the trial process. The six-year legal battle between Dang Le Nguyen Vu and his wife Le Hoang Diep Thao could be revived after …
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