Business

  Between 2022 and 2023, supply is also expected to increase with the entry of 2,900 rooms, demonstrating the rekindling of investor confidence in the hospitality sector. — Photo baodantoc.vn HÀ NỘI — The resumption of international flights and the borders reopening in March will not only benefit Việt Nam’s hospitality sector …

Vietnamese exporters of seafood to Russia and Ukraine are in trouble, with some reporting double-digit percentage declines as the military confrontation between the two countries continue. Five Vietnamese catfish exporters to Russia have reported a year-on-year drop in export value by 29.8 percent to $2.18 million in January, according to …

  Prime Minister Phạm Minh Chính (centre) attends the US-Vietnam Business Summit 2022. VNA/VnExpress News Photo Dương Giang HÀ NỘI — Businesses and policymakers from Việt Nam and the US discussed measures to further boost bilateral economic ties, digital economy, energy demand, sustainable development and economic recovery during the Việt …

  Trucks carrying coal at a mining site of Vinacomin – Cọc Sáu Coal JSC (TC6). TC6 lost 6.08 per cent Tuesday. — Photo vinacomin.vn HÀ NỘI – Shares dropped further on Tuesday due to the profit-taking pressuring multiple stock groups such as banking, oil and gas, steel, fertiliser, and coal. The market …

There is strong interest among American businesses to cooperate with Vietnamese peers and strong likelihood of good opportunities arising this year, participants said Tuesday at the U.S.-Vietnam Business Summit 2022. Addressing the summit held in Hanoi, Marisa Lago, Under Secretary of Commerce for International Trade, said that Vietnam had become …

  Representatives of the HCM City Department of Tourism and the European Chamber of Commerce in Việt Nam (EuroCham) at the signing ceremony of an MoU on Monday to promote development of the city’s tourism industry. VnExpress News Photo Thu Hằng HCM CITY — The European Chamber of Commerce in ViệtNam (EuroCham) will assist HCM City to become a “premier tourist destination” for international visitors through several initiatives. A Memorandum …

The stock market fell by 1.69 percent Tuesday as investors rushed to sell blue chip stocks, sending 22 such tickers into the red. The index stayed in the red throughout the day and closed 25.34 points lower at the three-week low of 1,473.71 points. Global markets, including Nasdaq Composite, Shanghai …

China has blocked entry to vehicles through Vietnam’s Huu Nghi Border Gate in Lang Son Province after finding some drivers infected with Covid-19. The border has been closed since Sunday to test officials and people on the Chinese side, and it is not known when it would reopen, Lang Son …

The government’s proposal to reduce the environment tax on gasoline and diesel by a fourth does not go far enough, according to businesses and analysts. The tax, a flat VND4,000 ($0.18) on gasoline and VND2,000 on diesel, could be cut to VND3,000 and VND1,500 for the rest of 2022, the …

Sao Mai Group (ASM) has acquired a Taiwanese company, the second it took over in the Central Highlands in the past two years. The company recently took over Taiwan-owned enterprise Junchow Tea Processing Company Limited, which has a land bank of about 60 hectares in Dak Nong Province. It bought …