Business

Indian car rental startup Zoomcar eyes Vietnam as a major Southeast Asian market to take advantage of the rising demand for car ownership among its expanding middle class. Vietnam is set to account for 10 percent of Zoomcar’s revenues in the next financial year, which translates to $8 million, Kiet …

  The air logistics of Việt Nam have significant room for growth, driven by the enforcement of free trade agreements that will boost the goods circulation volume. — VNA/- VnExpress News Photo Hoàng Tuyết HÀ NỘI — Việt Nam needs to have an appropriate strategy to promote the development of air logistics and tap …

Railway operators will increase train services to popular tourist hotspots Nha Trang, Quy Nhon and Da Nang in central Vietnam to meet peak summer travel demand. The Hanoi Railway Transport Joint Stock Company, railroad operator in the north, said it would run three additional trains to carry tourists from Hanoi …

  MARD’s leader tells local agriculture industry to keep pace with the Industry 4.0 in a conference in Hà Nội. — VNA/- VnExpress News File photo HÀ NỘI — Minister of Agriculture and Rural Development Lê Minh Hoan said the Vietnamese agricultural industry needed to take advantage of external forces so as not to be left …

Vietnam’s benchmark VN-Index plunged 4.49 percent to 1,269.62 points Monday, a nine-month low, with 221 tickers out of 484 on the Ho Chi Minh Stock Exchange hitting the floor. The index stayed in the red throughout the day and closed nearly 60 points lower after losing 31 points in the …

  Workers at a cashew processing facility in Bình Phước Province’s Bù Gia Mập District. Photo sggp.org.vn BÌNH PHƯỚC — In Bình Phước Province, known as the country’s cashew capital, processors are unable to source enough nuts because of poor harvests locally due to unfavourable weather and difficulties in transporting them …

The Ministry of Finance wants special consumption tax payable by auto companies to be deferred by up to four months to help them recover from the impact of Covid-19. The tax for June-September, worth a total of VND20 trillion ($871 million), can be paid on November 20. If the government …

Average rice export prices dipped by 10.6 percent in the first quarter, resulting in a 6-percent decline in revenues. Vietnam exported 2.05 million tons of rice for US$1 billion, up 4.4 percent in volume but prices fell to $386.2 a ton due to abundant supply, according to the Ministry of …

Traveller magazine has included Phu Quoc off the southern coast in its list of 25 “incredible” islands Australians should visit at least once in a lifetime. The Australian publication called it “Lovers’ Island” which has everything for a honeymoon from luxury resorts, seafood restaurants and chic cocktail bars to shimmering …

  Aquatic exports saw the highest growth with 43.7 per cent in the first four months of this year, reaching US$3.6 billion. — Photo vasep.com.vn HÀ NỘI — Việt Nam enjoyed the largest trade surplus ever, about US$4 billion, in the first four months of this year, 3.2 times higher than the …