Business

Khanh Phan’s overhead shot of women in conical hats harvesting water lilies in the Mekong Delta has won the Grand Prize worth US$15,000 in the SkyPixel photo contest. Taken in Moc Hoa District in Long An Province last October, the photo shows two women wading in a pond and picking …

Banks have cut deposit interest rates by 0.3-0.5 percentage points after Prime Minister Pham Minh Chinh called on them to foster economic recovery. According to the State Bank of Vietnam, the four state-owned lenders, BIDV, Vietinbank, Vietcombank, and Agribank, cut their rates by 0.2 percentage points with effect from March …

Vietnam’s fruit and vegetable exports in the first two months of this year increased by 17.8% year-on-year to US$592 million. China accounted for 57.5% of the exports, according to the Ministry of Agriculture and Rural Development’s department of agricultural products processing and market development. Since early February when it reopened …

Aviation cargo transport passing through Vietnam’s airports dropped 28.2% year-on-year in the first two months of 2023 to 168,000 tons, according to the Civil Aviation Authority of Vietnam (CAAV). Industry insiders say that the spreading global economic recession has led to a decline in consumption. Although China has reopened its …

By working with an e-commerce platform like Lazada on Super Brand Day, many businesses have seen a boost in revenue and brand awareness. Skincare brand Kiehl’s has participated in Lazada’s “Super Brand Day” for four continuous years since the campaign was introduced, and has achieved outstanding achievements in its e-commerce …

For the last five years, Hoa Binh Construction Group has been struggling to get the payment for the construction of Cocobay Da Nang, but to no avail. The 31-hectare Cocobay Da Nang, one of the largest condotel projects in Vietnam, was launched in 2016 with a total investment of VND11 …

Masterise Homes hosted the topping out ceremony for The Ritz-Carlton Residences, Hanoi on March 3. (From L) Chris Aspinall, Director of HBA Vietnam, Marios Kyrikiades, CFO of Italian Fit-Out, Naved Agha, Deputy Head of Project Development of Masterise Homes, Penny Trinh, Senior Director of Mixed-use Development of Marriott International’s APEC, …

The Russian government is working on agreements to simplify visa procedures for citizens from six countries, including Vietnam. “We are working on draft inter-government agreements that imply mutual simplification of visa regimes with Angola, India, Vietnam, Indonesia, Syria and the Philippines,” Russian Deputy Foreign Minister Yevgeny Ivanov said, according to …

Vietnam’s outbound investments reached $115.1 million in the first two months of this year, 2.16 times higher than that the same period last year, according to the General Statistics Office (GSO). Of the sum, $109.4 million was poured into 10 new projects, a 2.1-fold rise year-on-year. Meanwhile, four other projects …

Vietnam exported over 41,000 tonnes of pepper worth $129 million in the first two months of this year, up 35% in volume, but down 7.4% in value over the same period from 2022 The average export price of the Vietnamese spice in February 2023 was $3,059 per tonne, a downturn …