Bars, discotheques and beer clubs reopened in Saigon on Monday after nearly eight months, and Bui Vien Street is again buzzing at night. It’s 8 p.m. on Monday and Nguyen Minh Hung, 28, a worker at a discotheque on Bui Vien Street in District 1, stands outside with sparkling lights …
Read More »Transport ministry wants several airports to be privatized
The Ministry of Transport wants private investors to build and operate proposed airports such as Sa Pa in the north and Quang Tri in the central region. It wants two others built under public-private partnerships in Lai Chau and Cao Bang in the north. It also said local authorities should …
Read More »Singapore Airlines to fly again to Vietnam after 2-year Covid hiatus
Singapore Airlines is set to partially resume flights to HCMC and Hanoi from Thursday after nearly two years. There will be biweekly flights from Singapore to HCMC on Mondays and Thursdays and one to Hanoi every Friday, the carrier announced on its website. On January 1 Vietnam allowed the resumption …
Read More »Mondelez Kinh Do leads through pandemic
Mondelez Kinh Do, snacks food giant, reported outstanding results from its long-term and sustainable investment despite challenges caused by the Covid-19 pandemic. Boosting digital technology The past year with Covid-19 caused challenges to enterprises yet it was also a test for internal and external capability of responding to unprecedented situation. …
Read More »Vietnamese pho breaks into global list of 20 best soups
CNN has included pho bo (Vietnamese beef noodle soup) in its list of 20 best soups in the world along with China’s Lanzhou equivalent and Thailand’s Tom yum goong. “Broth is simmered for hours with cinnamon, star anise and other warm spices to create a wonderfully aromatic base for this …
Read More »Finance Ministry demands explanation for HoSE technical glitch
The Finance Ministry has demanded clarification for a 20-minute glitch at the Ho Chi Minh Stock Exchange (HoSE) when the price list was “frozen” but orders were still being matched. The glitch, which happened at around 2 p.m. Monday, had many investors trading blind. The ministry said the Vietnam Stock …
Read More »New stock accounts in 2021 exceed previous four-year total
Vietnam’s stock market welcomed 1.53 new retail stock accounts last year, 1.5 times higher than the total of the previous four years, showing surging demand for the asset. The country now has over 4.3 million retail stock accounts, or around 4.4 percent of the population. Domestic retail investors were net …
Read More »Vietnam buys 80 pct of Cambodia’s agriculture exports
Vietnam bought nearly 80 percent of Cambodia’s nearly $5 billion worth of agriculture exports last year. It bought 96-99 percent of Cambodia’s cashew, pepper and mung bean exports, according to a report by Cambodia’s Ministry of Agriculture, Forestry and Fisheries. Exports of Cambodia cashew to Vietnam grew 4.6 times from …
Read More »VN-Index falls to lowest this year
VN-Index dropped 1.62 percent to 1,503.71 points, the lowest this year, with large profit-taking pressure in the last hour of trading. The index fluctuated around 1,530 points most of the day but started to plunge in the afternoon and closed nearly 25 points lower. The biggest loss in five weeks …
Read More »Limit combo charter flights to Tan Son Nhat, Noi Bai: aviation agency
Aviation officials have suggested reducing combo charter flights to Tan Son Nhat and Noi Bai to reduce Covid testing overload at the country’s two largest airports. The Civil Aviation Authority of Vietnam (CAAV) revealed that between Jan. 4 and 7 a total 47 international flights carried over 6,000 passengers to …
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