Business

Customers buy food at a supermarket during a promotion event. — Photo congthuong.vn HÀ NỘI — The Hà Nội People’s Committee has issued a plan to implement the campaign “Vietnamese people give priority to using Vietnamese goods” this year. The campaign will provide a boost to the local food industry and is expected to attract …

  Domestic fuel prices have been on the rise recently and are expected to be adjusted up on February 11. Photo thanhnien.vn HÀ NỘI — The Ministry of Finance’s Department of Price Management (DPM) has proposed several solutions to curb the rising tendency of inflation after Tết. According to the price management …

Vietnam’s stock market will continue to boom this year and could make double-digit gains thanks to new retail investors and the recovery of key sectors, analysts say. The country’s benchmark VN-Index could reach up 1,850 points this year, up 21 percent from the new historic peak in January, as a …

Container trucks waiting to unload at Cát Lái Port in HCM City. — VNA/VnExpress News Photo HÀ NỘI — The seaport industry is expected to continue to grow strongly this year thanks to active import and export activities and the fact that Việt Nam remains an attractive destination for FDI inflows. Higher …

Around 1,800 container trucks are still stranded in provinces bordering China, despite the northern neighbor having resumed trade via key border gates after a pre-Tet holiday disruption. Trade via key border points resumed between Feb. 3 and Feb. 5, but around 600 and 1,200 trucks were still in queues to …

  Passengers waiting to check-in at Nội Bài International Airport in Hà Nội. — VNA/VnExpress News Photo  HÀ NỘI — The recent resumption of domestic and international air routes are building hope that the sector will strongly rebound this year, following a tough year for business in 2020 and 2021. According to the …

  Chairman of the National Assembly Vương Đình Huệ with leaders of Hải Phòng, Hải Dương and Yên Bái, pressing the ground-breaking button to officially open the construction phase of the factory. — Photo courtesy of the firm HẢI PHÒNG — An Phát Holdings officially started construction of PBAT compostable resin plant …

Aviation businesses and travel firms are optimistic about this year’s tourism outlook after witnessing a strong recovery during the Tet holidays. Tran Nguyen, sales director of giant hospitality company and property developer Sun Group, said most of his company’s tourist areas recorded impressive growth in visitor numbers during the nine-day …

Conglomerate Masan announced Wednesday that it has spent an additional $110 million to increase its ownership in the Phuc Long beverage chain from 31 percent to 51 percent. “Since Masan’s initial investment, Phuc Long has demonstrated strong synergies with MSN’s Point-of-Life strategy, which can now be accelerated with Phuc Long …

  A view of Thủ Thiêm New Urban Area, Thủ Đức City. — VNA/VnExpress News Photo Minh Nhựt HÀ NỘI — Real estate developer Bình Minh Investment and Trading Company Limited has rejected the purchase of land at Thủ Thiêm New Urban Area, Thủ Đức City, despite initially winning the bid for it at auction. The …