Business

Sudico, one of Vietnam biggest property developers until 10 years ago, is seeking a revival by developing two resort projects this year. Song Da Urban & Industrial Zone Investment Development Jsc has announced plans to build two luxury resorts in Da Nang City and Quang Ninh Province. It plans to …

Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper. The year 2022 has affirmed the importance of Vietnam to the U.S. semiconductor giant and vice versa, he said, …

The transport sector carried over 2.17 billion passengers in the first half of 2023, up 15.9% year-on-year, heard a conference hosted by the Ministry of Transport in Hanoi. In the review period, about 1.10 billion tonnes of goods were transported, up 15.9% compared to the same period last year. The …

SJC gold price gained 0.07% to VND67.25 million ($2,840.55) per tael Wednesday morning. Gold ring price went up 0.18% to VND56.6 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices rose on Wednesday after the dollar and bond yields retreated as investors awaited U.S. inflation …

The Government Inspectorate has uncovered violations committed by five banks, including lending for a single property project the equivalent of nearly half its capital by one of them. VietABank, National Citizen Bank, Techcombank, BacABank, and Sacombank committed the infractions between 2013 and 2017. They provided large loans for a single …

Vietnam Airlines is set to auction three narrow-body aircraft Airbus A321CEO at a starting price of $5 million apiece in this quarter. The three jets were made in 2007 and are currently at Noi Bai International Airport and Tan Son Nhat International Airport. In 2020 the state-owned carrier sold five …

    Passengers on the Cebu Pacific Air’s first flight from Manila are welcomed at Đà Nẵng International Airport. Photo courtesy of Trần Lê Lâm    ĐÀ NẴNG — Cebu Pacific Air new Manila-Đà Nẵng connection saw 177 passengers on the inaugural flight land at Đà Nẵng International Airport on Thursday, December 7. The …

HCM CITY —Bilateral trade between Japan and Việt Nam has grown over 90-fold in the past three decades, thanks to proactive efforts in trade liberalisation, making Japan Việt Nam’s fourth-largest trading partner, according to a report from economists of HSBC Vietnam. According to the report announced by HSBC Vietnam on …

CEO of Bamboo Airways Nguyen Minh Hai has resigned less than two months after assuming the position. Following his resignation announced by the carrier on Tuesday, deputy chairman Nguyen Ngoc Trong will be the airline’s acting CEO. Hai was named Bamboo Airways’ CEO in late May, replacing Nguyen Manh Quan. …

Supercar dealer and collector Phan Cong Khanh’s rapid rags-riches story of a poor boy transforming himself into a Tycoon may have come to an end after his recent arrest. Phan Cong Khanh poses in front of his car showroom. Photo from Khanh’s Facebook Authorities reported Sunday that Khanh was under …