Sunday , May 5 2024

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Business

Aviation stocks soar as China restarts Vietnam group tours

Aviation stocks soar as China restarts Vietnam group tours

Vietnam’s aviation sector saw stocks soar Thursday after China added Vietnam to the list of countries approved for outbound tours. Vietnam Airlines’ stock hit a ceiling price while that of Vietjet is set to close the third trading day in the green. The national flag carrier, Vietnam Airlines, saw shares …

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How FLC plans to restructure

How FLC plans to restructure

Conglomerate FLC plans to restructure after nearly a year of chaos by focusing on property development and resort operations and selling an unspecified stake in Bamboo Airways. Tran Thi Huong, deputy standing CEO of the company, said at an extraordinary general meeting last week that the company would also seek …

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China approves 246 Vietnamese durian growing area codes

China approves 246 Vietnamese durian growing area codes

China’s customs authorities have approved Vietnam’s 246 farming area codes and 97 packaging facility codes that fully meet the requirements for export to the Chinese market. Deputy Director of the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam) Ngo Xuan Nam said China is considering another 36 …

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Aquaculture output grows 1.3% in two months

Aquaculture output grows 1.3% in two months

Vietnam’s aquaculture output was estimated at 1.18 million tonnes in the first two months of 2023, rising by 1.3% year-on-year, according to the Ministry of Agriculture and Rural Development (MARD). In February alone, the output stood at an estimated 593,400 tonnes, up 2.5% compared to the same period last year. …

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China set to resume group tours to Vietnam

The Chinese government has decided to add Vietnam to the list of countries to which its nationals can go on outbound tours with effect from March 15. Nguyen Phuong Hoa, director of the Ministry of Culture, Sports and Tourism’s international cooperation department, confirming the information, told VnExpress that at a …

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Hanoi’s first golden hotel up for sale

The Dolce by Wyndham Hanoi Golden Lake is for sale with a starting price of $250 million. The auction is set for March. Nguyen Huu Duong, the owner of the gold-plated Dolce by Wyndham Hanoi Golden Lake, confirmed the sale with the local press. Sharing the reason to sell the …

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China to resume tours to Vietnam March 15

The Chinese government has decided to include Vietnam in a list of countries that can receive outbound tours from China, starting from March 15. Banh The Doan, Cultural Counselor of the Chinese Embassy in Vietnam, made the announcement at a meeting Wednesday, Nguyen Phuong Hoa, Director of International Cooperation Department …

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Mercedes recalls 492 faulty cars in Vietnam

Mercedes recalls 492 faulty cars in Vietnam

Mercedes Vietnam announced it will recall 492 ML and GLE cars sold in Vietnam beginning March 15 to fix inconsistent design features and repair errors in the spare wheel compartment. The affected SUVs were manufactured and imported between February 2012 and October 2019. German luxury vehicle company Mercedes is recalling …

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