Business

Da Nang Airport has started to organize traditional costume performances and art shows at its international terminal for the benefit of foreign tourists. There are 30-minute art performances on Thursday and Saturday nights with chau van, a traditional folk art of northern Vietnam which combines trance singing and dancing, Hue …

The S&P Global Vietnam Manufacturing Purchasing Managers’ Index dropped to 46.4 in December 2022 from 47.4 in November, posting below the 50 no-change mark for the second month running. The decline signaled a further deterioration in business conditions in the manufacturing sector. The latest retreat was the most marked since …

The S&P Global Vietnam Manufacturing Purchasing Managers’ Index dropped to 46.4 in December 2022 from 47.4 in November, posting below the 50 no-change mark for the second month running. The decline signaled a further deterioration in business conditions in the manufacturing sector. The latest retreat was the most marked since …

Vietnamese garment and textile producers were overwhelmed with export orders in the first half of 2022, but things unraveled in spectacular fashion after mid-year as the global economy slumped. “2022 was an unprecedented year,” Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex), said, referring to …

The NFT Alliance has been launched to serve as a platform where Vietnamese businesses and individuals can share their vision and mission to promote Vietnam’s digital economy. Gia Bao Truong, Vice Chairman of NFT Alliance and Chairman of Digital Transformation Alliance, DTS Group, said that NFT Alliance was established with …

South Korea posted a trade surplus of $34.26 billion with Vietnam in 2022, according to the country’s Ministry of Trade, Industry and Energy. This is the first time Vietnam has become the largest trade partner of South Korea. The ministry reported that the South Korea’s export turnover to Vietnam last …

The State Railway of Thailand resumed train traffic between Khlong Ngae Station in Songkhla Province and Padang Besar in Malaysia after being suspended for nearly a month due to bombings. The severely damaged tracks have been repaired, said Aekkarat Sriarayanpong, the agency’s public relations director, as quoted by The Nation, …

Russian and Australian nationals submitted the most applications for residency visas in Indonesia’s famous island of Bali last year, new data shows. The Ngurah Rai Immigration Office in Bali issued some 71,001 residence permits for foreign nationals in different visa categories in 2022, including visitor stay permits, extension of visas …

Thailand and Indonesia expect tourist numbers to double in 2023 after witnessing a rapid recovery since reopening. The Thai government is targeting 25 million foreign arrivals, including five million from China, Reuters cited government spokesman Anucha Burapachaisri as saying. Thanks to its lifting of Covid restrictions and a generous visa …

Starbucks plans to open its 100th store in Vietnam in the second quarter of this year, a decade after first coming to the country, and keep expanding further. The U.S. chain now has 87 outlets in seven localities, 50 of them in Ho Chi Minh City. It has over 800 …