Da Lat, Hoi An, and Da Nang are among 10 most romantic tourist hotspots for Valentine’s Day as endorsed by Vietnamese travelers, according to online travel agency Booking.com. Da Lat topped the most romantic destinations list for Valentine’s Day. “This beautiful land of flowers has fascinated and attracted couples from …
Read More »Petrolimex welcomes new director general
Deputy Director General of Vietnam National Petroleum Group (Petrolimex) Dao Nam Hai will become its director general (DG), starting Mar. 1. He replaces Pham Duc Thang who retired in November 2021. Holding two master degrees in law and business administration, Hai, 48, Hai was its deputy DG for four years, …
Read More »Two new solar power plants built in southern province
Dau Tieng 5.1 and Dau Tieng 5.2 solar power plants are expected to start construction in Q2, with an investment of VND3.56 trillion ($157 million). With capacity of 225 MW each, the two power plants will cover 332.5 hectares at Dau Tieng Lake in the southern province of Tay Ninh. …
Read More »Rising energy prices to drive inflation: HSBC
HSBC has increased its inflation forecast for Vietnam from 2.7 percent to 3 percent, taking into account the higher energy prices. “We are raising our 2022 average inflation forecast slightly … but it should not pose a major risk to the State Bank of Vietnam, as it will likely remain …
Read More »Cracks on Vietnam’s highest glass bridge chalked up to ‘effects’
A tourist captured a video of a glass bridge in the northern Lai Chau Province with cracks along one panel, while the site said the cracks were only “effects.” The glass structure belongs to the Rong Mau Glass Bridge tourism site on O Quy Ho Pass of northern Lai Chau …
Read More »Siam Cement Group reports $1.52 billion sales in 2021
Thai-owned Siam Cement Group reported a 32 percent increase in revenues to VND35 trillion (US$1.52 billion) last year. Q4 revenues jumped 46 percent year-on-year to VND10 trillion. The conglomerate has 23 subsidiaries in Vietnam with over 150,000 employees. As of Dec. 31 it was worth VND146.8 trillion, up 32 percent …
Read More »HAGL to sell 25 mln more shares to pay debt
Agricultural giant Hoang Anh Gia Lai JSC (HAGL) announced it would sell 25.4 million shares of its subsidiary to pay its debts, starting Feb. 15. The shares, registered under the ticker HNG of Hoang Anh Gia Lai Agricultural JSC (HAGL Agrico), amount to a 2.33 percent stake in the firm. …
Read More »Viettel’s brand reached nearly US$9 billion
Viettel continues to retain its position as the leading telecommunications brand in Southeast Asia. — Photo courtesy of Viettel HÀ NỘI — The brand value of Military Industry-Telecoms Group (Viettel) reached US$8.758 billion, moving up a total of 99 places to reach 227th position in the 2022 list of the …
Read More »MindX Technology School wins top place at A-star AI Bootcamp
MindX’s wins the A-star bootcamp with an AI model that hopes to bring job-matching to a new level. — Photo courtesy of the firm HÀ NỘI — MindX Technology School has surpassed 100 registered startups to top the first season of A-star Bootcamp in promoting local artificial intelligence (AI) development. Introducing …
Read More »VN’s exports to Canada rise for third consecutive year, hitting $5.3 billion in 2021
Vietnamese products on the shelves of a Canadian supermarket. — Photo moit.gov.vn HÀ NỘI — Việt Nam exported US$5.3 billion worth of goods to Canada in 2021, up 21 per cent year-on-year despite facing challenges caused by the prolonged pandemic, according to the Vietnamese Trade Office in Canada. This marked the third consecutive …
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