Business

A Vietnam Airlines flight departing from Hong Kong landed at Noi Bai Airport in Hanoi on Sunday, marking the first commercial flight between the two destinations after a three-year hiatus due to Covid. There will be three weekly flights on Mondays, Wednesdays and Sundays. Vietnam Airlines is the first Vietnamese …

Stocks of Vietnam Airlines, Vietjet and other companies in the aviation industries have surged as the resumption of flights to China amid its relaxed Covid-19 policy boosted investors’ sentiment. HVN of state-owned Vietnam Airlines closed last week at ceiling price in its third session in the green and returned to …

Prime Minister Pham Minh Chinh has sought the Netherlands’ support for building a high-tech hub in Hanoi similar to Brainport Eindhoven to promote innovation and smart solutions. “We are setting up a center for innovation and entrepreneurship in our country, and we want the Netherlands to assist Vietnam in building …

Apartment investors and speculators in HCMC are now willing to accept losses of VND500-600 million (US$20,800-25,000), compared to the earlier VND300 million, to dispose of their units. A man who identified himself as only Lu said he has doubled the discount on an apartment he is trying to sell from …

During an official visit to Luxembourg on Saturday, Prime Minister Pham Minh Chinh requested the European Investment Bank (EIB) give Vietnam preferential loans to help the country develop its economy. The prime minister pointed out that EIB has had relations with Vietnam for the past 25 years and that it …

A number of products with brand names such as Gucci, Chanel, and Fendi which appear to be counterfeit have been found at the Trang Nemo Shop in Ho Chi Minh City. The HCMC Department of Market Surveillance carried out a surprise investigation on Friday, finding a large number luxury brand-name …

Vietnam is seeking the support of Luxembourg in its effort to establish an international financial center in HCMC and it has invited businesses from the country to invest in various sectors. During the talks with with Luxembourg Prime Minister Xavier Bettel on Friday, Vietnam’s Prime Minister Pham Minh Chinh called …

British tourist Rose can’t remember exactly how many loaves of bread she consumed during her three-month journey from the north to the south of Vietnam. But she does know that she loved the banh mi version in the ancient town of Hoi An in central Vietnam. “After three months in …

Nam A Bank on Friday named standing vice chairman Tran Ngo Phuc Vu as the new chairman. Vu, 50, has run Nam A Bank’s board of directors since 2019 after chairman Nguyen Quoc Toan resigned to focus on resolving family disputes over ownership of the bank. He was earlier the …

Real estate investors should cut their losses now and save themselves instead of waiting for the State to rescue the stalled property market, said expert Dang Hung Vo. Market liquidity remains low despite discounts and loan incentives offered by developers to boost sales, said Vo, also former Deputy Minister of …