Business

Vietnam’s rice exports are predicted to reach just 6 million tonnes this year, lower than last year’s figure due to limited supply and inventories, said businesses. According to the Ministry of Agriculture and Rural Development, Vietnam exported only 400,000 tonnes of rice worth $203 million in January 2023, down 20.9% …

Don’t know where to go this Valentine’s Day? Here’s a list of some upscale eateries in Saigon for you and your loved one. Renaissance Riverside Saigon The Renaissance Riverside Saigon’s Atrium Lounge is offering a jazzy Valentine’s Day, when dinner is served over a live jazz performance. The seven-course menu …

Singapore’s Sembcorp will work with a subsidiary of Petrovietnam to build an offshore wind power project in Vietnam that will transmit electricity to the city state. Sembcorp, the developer of Vietnam Singapore Industrial Parks (VSIPs), signed a joint development agreement with Petrovietnam Technical (PTSC) on Friday. Prime Minister Pham Minh …

Prime Minister Pham Minh Chinh has called on Singaporean investors and equity funds to support Vietnam’s green and digital sectors. In a speech to major investors as part of his official three-day trip to Singapore, Chinh said that now is the time to see how brave and adaptive the two …

Vietnam’s benchmark VN-Index dropped 0.82% to 1055.3 points Friday, lowest since January 10. The index closed 8.73 points lower after losing 8.19 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 11.50% to VND8.16 trillion ($346.13 million). The VN-30 basket, comprising the 30 largest capped …

The Masan Group, through its subsidiary The Sherpa, will spend US$105 million to take a 25% stake in Singaporean software developer Trust IQ. The certificate of offshore investment registration was given to Masan on Friday by the Ministry of Planning and Investment within the framework of Prime Minister Pham Minh …

Singapore companies consider Vietnam a rising star and a favorite investment destination in Southeast Asia thanks to the country’s development and policy reforms. At the Vietnam-Singapore Business Forum on Friday, Prime Minister Pham Minh Chinh said he was impressed that the conference hall was filled with representatives of 500 companies, …

Vietravel Airlines has just unveiled a new international route from HCMC to Bangkok as part of an effort to expand its flight network between Vietnam and Thailand. On February 9, Vietravel Airlines launched commercial flight VU131 from Tan Son Nhat International Airport, Ho Chi Minh City, to Suvarnabhumi Airport in …

Malaysian tourism minister Tiong King Sing has called on his government to issue visa-on-arrival to visitors from all countries to boost tourism competitiveness. Malaysia is capable of coping with any surge in arrivals and maintaining order at entry points, The Star newspaper quoted him as saying. Immigration policies have to …

Vietnam imported over $1 billion worth of raw cashew nuts from Cambodia last year, reported the Vietnam Trade Office in Cambodia. In 2022, Cambodia exported 670,000 tons of raw cashew nuts worth US$1.07 billion to foreign markets, according to the office. Vietnam imported over $1 billion worth of raw cashew …