Rice exporters will have their licenses canceled if they fail to ship for a long time. Out of 205 businesses with export licenses, 39 have not exported the grain since December 2019. The Ministry of Industry and Trade said: “Many traders have no rice market or capacity to export. This …
Read More »Stock market gains 33 percent in year of Covid
The Vietnamese stock market has had a bullish year despite Covid-19, with the benchmark VN-Index rising by over 33 percent to reach a new all-time high. Starting off the year at 1,100 points, up nearly 60 percent from a slump in April 2020, the index gave investors hope that it …
Read More »Foreign investors net sell for 5th straight session
Vietnam’s benchmark VN-Index rose 0.08 percent to 1,476.1 points Thursday, with foreign investors net selling for the fifth session in a row. The index continued sideways due to the lack of supporting news and closed one point higher. This was its fourth session in the 1,470 range. Trading value on …
Read More »Technology, vaccine passport key to revive aviation and tourism
The future of tourism and aviation depends on the government’s direction on vaccination and technology application, said representatives of Singapore Tourism Board and Vietnam Airlines, at Nguy Co talkshow. Technology, vaccine passport key to revive aviation and tourism abc
Read More »South Korean Amkor Technology to pour $1.6 bln into Vietnam semiconductor plant
South Korea’s Amkor Technology will invest $1.6 billion in a semiconductor plant in the northern province of Bac Ninh. A total $520 million will be disbursed in the first phase, set to complete in five years with construction scheduled to begin next quarter, according to the provincial portal. The total …
Read More »Vietnam Airlines scores $1 bln discount on jet lease
Vietnam Airlines and Air Lease Corporation have agreed on a leasing discount exceeding $1 billion for 18 aircraft while the former face financial challenges amid the pandemic. U.S.-based ALC, one of the biggest aircraft leaser in the world with 450 jets, will reduce leasing charges by $420 million for the …
Read More »South Korea’s Amkor Technology to invest $1.6 bln in northern province
South Korea’s Amkor Technology will invest $1.6 billion in a semiconductor plant in the northern province of Bac Ninh. A total $520 million will be disbursed in the first phase, set to complete in five years with construction scheduled to begin next quarter, according to the provincial portal. The total …
Read More »Vietnamese aviation prepares for post-pandemic recovery
Vietnam’s tourism should promote the country as a safe destination, offering new air travel products after Covid-19, said Trinh Hong Quang, Deputy Director of Vietnam Airlines, at Nguy Co talkshow. Vietnamese aviation prepares for post-pandemic recovery abc
Read More »Vietnam releases new video to boost tourism recovery
The tourism ministry has introduced a one-minute video promoting Vietnam’s food and sceneries as part of a campaign to drive tourism recovery. Vietnam releases new video to boost tourism recovery Video captures Vietnam’s beauty and iconic dishes to lure more foreign tourists
Read More »Tet goods sales down 10-20 pct as purchasing power declines
A VnExpress survey of HCMC shops and supermarkets shows a 10-20 percent year-on-year drop in sales of goods during the Tet (Lunar New Year festival) season. Oanh, who runs a grocery store on Le Duc Tho Street in Go Vap District, said both wholesale and retail sale of items during …
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