Apple just announced App Store Awards 2021, with the MBBank app the only banking application in Vietnam among the Top Apps of 2021 on iOS. While the presence of international brands like Facebook, YouTube, TikTok, and Gmail does not come as a surprise, the Made in Vietnam MBBank app has …
Read More »VN-Index stuck in 1,470 range
Vietnam’s benchmark VN-Index dropped 0.04 percent to 1,475.50 points Wednesday, its third session in the 1,470-range due to lack of supporting news. The index closed 0.5 points lower after slipping 0.2 points Tuesday as investors chose to observe the market amid uncertainties about the impact of the Omicron variant. Trading …
Read More »Aviation association wants home quarantine for overseas Vietnamese cut to 3 days
The Vietnam Aviation Business Association wants the Ministry of Health to reduce its proposed 14-day home quarantine for fully immunized overseas Vietnamese to three days. They could be told to perform a rapid Covid test by themselves and a PCR test for confirmation if they test positive, it said. The …
Read More »4,300 trucks stuck at China border with farm produce
Over 4,300 trucks carrying agricultural produce are stuck at the China border in Lang Son Province due to tightened Covid-19 safety measures on both sides and a labor shortage. Customs clearance has slowed down due to the stepped up pandemic safety measures and a shortage of loaders is causing further …
Read More »Hit by labor shortage, factories send HR staff to sidewalks to hire
In dire need of labor to fulfil orders, manufacturers and exporters in the southern region are stationing human resource staff on roadsides near their factories to recruit workers. For the past month Phuc, HR manager of a woodwork firm in the southern province of Binh Duong, has had to sit …
Read More »Vietnam Airlines to sell 27 planes
Vietnam Airlines plans to sell 15 planes this months and 12 others in the next two years, its CEO said. “Vietnam Airlines plans to sell nine A321s and six ATR-72s in December. From 2022 to late 2023, an additional 12 A321s will be sold,” CEO Le Hong Ha told the …
Read More »Factories boost salaries to retain workers
Some factories are increasing salaries to support workers amid the Covid-19 pandemic and keep them from leaving following a major migration over the social distancing period. Starting this month, over 800 employees at electronics manufacturer Datalogic in Ho Chi Minh City have seen their salaries increase by 7.6 percent. CEO …
Read More »Trading value jumps to six-session high
Vietnam’s benchmark VN-Index fell 0.01 percent to 1,476.02 points Tuesday with trading value the highest in six sessions. The index closed 0.19 points lower after gaining nearly 13 points Tuesday. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, rose 6.75 percent to …
Read More »Worst of Covid’s economic fallout over: HSBC CEO
The worst economic impacts of the Covid-19 are behind Vietnam and many potentials are lying ahead on the country’s recovery progress, the CEO of HSBC Vietnam said. “So as 2021 draws to a close, it is time to take a deep breath, believe that the worst really is behind us …
Read More »International upgrade proposed for central Vietnam airport
The Transport Ministry has proposed that the Dong Hoi domestic airport in the central province of Quang Binh be upgraded into an international one. The proposal is part of the ministry’s draft plan on developing airports nationwide for the 2021-2030 period with vision until 2050, the Civil Aviation Authority of …
Read More »