Business

Tan Son Nhat, Vietnam’s busiest airport in Ho Chi Minh City, welcomed 33,000 international passengers on Nov. 20, the highest single-day number since reopening post Covid-19. The figure reached 70% of pre-pandemic levels – 45,000 passengers a day in 2019, the Southern Airports Authority said. Aviation authorities expected the number …

HCMC wants petroleum prices adjusted every three to five days instead of the current 10 to resolve the recent supply issues, and has written to the Prime Minister’s Office. The prices are now adjusted on the first, 11th and 21st of each month, and so do closely track global trends. …

The U.S. dollar gained 0.2% to VND25,050 on the black market while remaining static at banks. Unofficial exchange points sold the greenback VND50 higher than Monday when its value went up VND47. Vietcombank kept the rate unchanged at VND24,857. Eximbank and Techcombank sold the dollar at 24,855, same as Monday. …

Eateries, retail shops and even factories are recruiting seasonal workers to replace people leaving for their hometowns ahead of the Tet holidays. Hoa, sales manager at a retail store in HCMC’s Binh Thanh District, has struggled to find part-time workers after employees left early for their hometowns. Tet (Lunar New …

While Southeast Asian neighbors are vying for wealthy foreigners by launching ‘golden visas’ with maximum stays of up to 20 years, Vietnam still makes no headway with its one-month visa policy. Indonesia, the largest economy in Southeast Asia, has introduced a new visa available for a period of five or …

Abbott has led Top 100 “Vietnam – Best Place to Work 2022,” a recognition for the U.S. healthcare company’s diverse and innovative working environment. Named in the Top 100 Best places to work in Vietnam for the past eight years ending 2021, the global healthcare leader established in 1888 had …

Logistics companies are posting surging profits as transportation demand booms post-pandemic, but industry insiders expect further use of automation to reduce costs. PetroVietnam Transportation posted a post-tax profit surge of 72% year-on-year to VND1.04 trillion ($41.89 million) in the first nine months. Hai An Transport & Stevedoring recorded a profit …

Vietnam’s benchmark VN-Index dropped 0.90% to 960.65 points Monday. The index closed nearly 9 points lower after gaining 0.07 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 35.89% to VND8.78 trillion ($353.64 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 20 …

Vietnam’s RON95 gasoline price dropped 0.34% to VND23,780 ($0.96) per liter after rising in the last four adjustments. E5 RON92 price fell 0.18% to VND22,670. Diesel dropped 0.72% to VND24,800. The Ministry of Finance has acknowledged an updated transportation cost of importing fuel to Vietnam in the Monday adjustment for …

The U.S. dollar bounced back and gained 0.19% over the Vietnamese dong Monday on the black market but slipped marginally at banks. The dollar was sold VND24,985 at unofficial exchange points, up VND47 from Sunday. But Vietcombank let the greenback slide by 0.004% to VND24,857. So far this year the …