Business

Visitors can now travel 40 minutes by helicopter from Tan Son Nhat International Airport in HCMC to NovaWorld Phan Thiet on the south-central coast. Novaland began a flight for VIP visitors to NovaWorld Phan Thiet (Phan Thiet, Binh Thuan Province) by Weststar AW-189 helicopter at 8 a.m. on March 11. …

Vietnam’s benchmark VN-Index rose 0.53 percent to 1,469.10 points Friday, its fourth session in the green, as the market gradually recovered from last week’s plunges. The index stayed in the green throughout the day and closed nearly eight pointds higher. It has gained nearly 23 points in the last four …

Da Nang City, a popular tourism hub, is scheduled to welcome two international commercial flights from Singapore and Thailand on March 27, its first in two years. The flight from Singapore is operated by Singapore Airlines, and the one from Bangkok by Thai Vietjet. Nguyen Xuan Binh, deputy director of …

Vietravel Airlines has called for scrapping the jet fuel import tax and cutting the environment tax further amid rising fuel prices days after Vietnam Airlines made a similar demand. The import tax is currently 7 percent, and the environment tax on jet fuel was recently halved to VND1,500 per liter, …

  A seminar on boosting exports to the Middle East region on Thursday in HCM City. — Photo courtesy of the HCM City Investment and Trade Promotion Centre HCM CITY — The Middle East region is emerging as a promising post-pandemic export market for Vietnamese businesses, experts have said. Speaking …

Major auto brands in Vietnam are facing supply challenges in distributing autos and parts due to the global semiconductor shortage and the ongoing Russia-Ukraine crisis. Toyota sold zero Hilux pickup trucks last month as its inventory has run out and there’s been no new arrival. Hilux is produced overseas and …

  A industrial cluster in the southern province of Bình Phước. — Photo vnexpress.net HCM CITY — The property market in the southern province of Bình Phước is expected to heat up because a series of infrastructure projects including an airport and industrial parks is planned to be built from now …

  A cold warehouse of AJ Total Vietnam in Long Hậu Industrial Park. Photo baodautu.vn HÀ NỘI — Due to mounting demand for cold storage, investments in cold facilities have begun to take off in recent years. Savills, a global real estate services provider, reported that Việt Nam’s cold storage segment was …

Vietnam’s thermal plants received 30 percent less coal than scheduled from two major domestic suppliers in February due to Covid-19 impacts and the Russia-Ukraine crisis. The shortage happened as the surging number of Covid-19 cases in Vietnam caused a shortage of minters at state-run Vinacomin, the biggest coal mining company …

Streetfront premises in HCMC’s central business district have raised their rents though many have no tenants. A recent VnExpress survey found that many retail properties on Nguyen Hue street in District 1 remain unoccupied, but their landlords have hiked rents by 20-30 percent compared to rates prevailing during last year’s …