The light at the end of the tunnel has begun to shine brightly for the tourism industry as Vietnam lifted all restrictions on international flights on Tuesday. Dang Manh Phuoc, CEO of travel solutions firm Outbox Consulting, said the full resumption of international flights would be an important factor in …
Read More »Vietnam reopens all int’l flights after two years
In preparation for fully reopening inbound and outbound tourism by late March, Vietnam’s aviation industry officially resumed regular flights to all markets from Tuesday without restrictions on frequency. The Civil Aviation Administration of Vietnam (CAAV) started ending restrictions on the frequency of international flights to and from all markets, marking …
Read More »Travel firms happy as government allows full resumption of international flights
The light at the end of the tunnel has begun to shine brightly for the tourism industry as Vietnam lifted all restrictions on international flights on Tuesday. Dang Manh Phuoc, CEO of travel solutions firm Outbox Consulting, said the full resumption of international flights would be an important factor in …
Read More »FPT Retail eyes $1.2 billion sales in 2022
FPT Retail, owner of FPT Shop and Long Chau Pharmacy, targets a 20 percent increase in revenues this year to VND27 trillion (US$1.2 billion). It eyes pre-tax profits of VND720 billion, up 30 percent from 2021. The company will seek approval for the targets at the upcoming annual general meeting. …
Read More »Hateco Group’s container seaport adjusted
Hateco Group Joint Stock Company’s increases investment in the construction of Wharf 5 and 6 Lạch Huyện at Hải Phòng seaport. — Photo courtesy of the firm HÀ NỘI — Deputy Prime Minister Lê Văn Thành approved the expansion of investment in Wharf 5 and 6 Lạch Huyện at Hải Phòng seaport, invested by Hateco Group …
Read More »Macadamia, banana exports surge as demand for Vietnamese farm produce rises
Vietnam’s macadamia and banana exports rose by 100 percent and 50 percent last year despite the impacts of Covid-19 on agriculture and logistics. Overall fruit and nut exports were up 7.9 percent at $2.36 billion, according to Vietnam Customs. Fruits that saw double-digit growth included banana, mango, jackfruit, durian, and …
Read More »Việt Nam new Asian tiger: Business Times
Goods loaded at Tân Cảng – Cái Mép Thị Vải in the southern province of Bà Rịa-Vũng Tàu. The country’s exports are forecast to grow about 15 per cent and the trade balance will remain modestly positive. — VNA/VnExpress News Photo Huỳnh Ngọc Sơn HÀ NỘI/SINGAPORE — Việt Nam is …
Read More »PetroVietnam’s crude oil output surpasses target by 24.2 per cent in January
The BK-20 rig belonging to the Bạch Hổ oilfield. — VNA/VnExpress News Photo HÀ NỘI — The Việt Nam Oil and Gas Group (PetroVietnam)’s oil exploitation output in the first month of 2022 reached 0.93 million tonnes, exceeding its set target by 24.2 per cent. The figures were released at …
Read More »Industrial real estate to remain on growth path
Industrial rents are expected to increase by 6-10 percent in 2022 amid increasing demand for such properties, according to VNDirect Securities. Rising public investment in infrastructure is also expected to drive rents up. Spending is expected to increase by 20-30 percent this year, with many large projects expected to be …
Read More »No more easy money flow and wild expectations in 2022: SGI Capital
Two investors watching stock movements on a computer screen. Photo haiquanonline.com.vn HÀ NỘI — The global market’s attention in the next one to three months will be the speed in policy tightening by the US Federal Reversal and Vietnamese business outlook in that environment, SGI Capital said in a recent report. The Fed’s …
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