Business

Vietnamese fresh and dried banana exports to Japan and South Korea hit $6.6 million and $4.1 million respectively last year, accounting for 0.6% and 1.3% of the countries’ market shares. Vietnam can increase exports if local firms improve banana quality and packaging, and conduct more marketing campaigns, said Do Quoc …

Vietjet is offering passengers a promotion week from now until April 25 for tickets to Japan, Taiwan, South Korea, and Hong Kong priced from zero dong. From midnight April 19 to midnight April 25, passengers can freely hunt for VND0 tickets on Vietjet Air website and Vietjet Air mobile app, …

Vietnamese fresh and dried banana exports to Japan and South Kore hit $6.6 million and $4.1 million respectively last year, accounting for 0.6% and 1.3% of the countries’ market shares. Vietnam can increase exports if local firms improve banana quality and packaging, and conduct more marketing campaigns, said Do Quoc …

Export turnover in HCMC reached over US$10 billion in Q1, a 17% decrease year-by-year, and also the sharpest decline in 22 years. There has been a steady decrease in export turnover in most industries, from garments, to agriculture, to forestry, fishery and wood processing. Businesses are facing an unprecedented difficult …

The Airports Corporation of Vietnam (ACV) has set a revenue target of VND19.36 trillion ($823.92 million) this year, exceeding pre-pandemic levels and the highest since its establishment. ACV, which operates 22 airports in Vietnam, expects the aviation industry to see a strong recovery in both domestic and international flights. The …

Major southern taxi firm Vinasun saw post-tax profit surging by five times year-on-year to VND53 billion ($2.26 million) in the first quarter as post-pandemic recovery sped up. The company saw revenue doubling to VND325 billion, as the company’s fleet operated at 100% of capacity, it said in a report. The …

Vietnam’s benchmark VN-Index rose 0.03% to 1,049.25 points Thursday, with trading value dipping to the lowest since March 2. The index closed 0.27 points higher after losing 6.04 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 31.86% to VND6.63 trillion ($282.25 million). The VN-30 …

Seafood exports to most major markets have fallen by 17-50% this year. Shipments to the U.S. fell by more than 50% year-on-year to US$284 million, according to the Vietnam General Department of Customs. Exports to Australia were down 30% to $65 million. Despite China’s reopening, exports to this market were …

Authorities in the southern province of Dong Nai on Wednesday started demolition of eco-tourism sites illegally built near Tri An, Vietnam’s largest artificial lake, amid safety and pollution concerns. The sites have been constructed without approval from local authorities, to offer accommodation, camping and stand-up paddle board services to tourists …

The Ho Chi Minh City police have arrested 22 people after raiding six illegal moneylending companies that allegedly lent money at up to 2,555% interest a year. Directors and managers of Phuc Loc Tho, Bao Tin Kim Long, Gofigo, Infobot, Infinity, and Solution Lab were arrested in Binh Thanh District …