Authorities in District 1 are seeking feedback from local authorities to turn Le Loi, one of the city’s busiest areas, into a pedestrian-friendly zone to boost night-time tourism. In a proposal submitted to the Ho Chi Minh City’s People Committee, district authorities said after the street is cleared of a …
Read More »FLC Faros shares to be delisted for not filing earnings reports
Over 567 million shares of construction firm FLC Flaros will be delisted from the Ho Chi Minh Stock Exchange on September 9 for failure to file disclosures in time. Trading in the ROS stock has been suspended since August 12 after being limited to trading only in the afternoons since …
Read More »HCMC’s first metro depot readies for test run
Dozens of workers and engineers have speeded up work to get the Long Binh Depot ready for the test run of HCMC’s first metro line at the end of August. HCMC’s first metro depot readies for test run HCMC’s first metro depot readies for test run
Read More »Boeing wants to expand supply chains in Vietnam: director
Boeing said it wants to develop its supply chain Vietnam by making domestic businesses their suppliers. On the side of the Boeing Aerospace Industry Forum on Thursday, Michael Nguyen, general director of Boeing Vietnam, said that in the next 30 years, experts believe Southeast Asia would need 4,000 planes, with …
Read More »VN-Index posts seven-session high gain
Vietnam’s benchmark VN-Index rose 0.92% to 1,288.88 points Thursday, its biggest one-day increase since mid-August. The index closed 11.72 points higher after gaining 6.35 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange increased by 1.89% to VND15.48 trillion ($661.1 million). The VN-30 basket, comprising the 30 largest …
Read More »Vietnam urges passengers to test for Covid before entry to S Korea
The Civil Aviation Authority of Vietnam asked passengers to obtain a negative Covid test result before arriving in South Korea to avoid being denied entry. According to the latest entry rules from the Korea Disease Control and Prevention Agency, all foreigners entering South Korea must present a negative Covid certificate …
Read More »Vietnamese workers abroad send home $10 bln a year: report
Over one million Vietnamese have gone abroad to work since 2012, sending home around $10 billion each year, a government report has found. The number of workers abroad increased by 7-10% annually, and an average worker makes VND200 million ($8,541) a year, according to a report by the Central Economic …
Read More »Foreign workers send home $10 bln a year: report
Over one million Vietnamese have gone abroad to work since 2012, sending home around $10 billion each year, a government report has found. The number of workers abroad increased by 7-10% annually, and an average worker makes VND200 million ($8,541) a year, according to a report by the Central Economic …
Read More »Foreign expansion ‘the only option’: Hoa Binh chairman
The chairman of construction giant Hoa Binh Group said the domestic market was “too cramped,” and expanding abroad is the only option for its billion-dollar sales target. It will focus on four markets: Australia, Canada, Texas and Europe, the company’s management told shareholders at an extraordinary shareholder meeting on Wednesday. …
Read More »Teenage pilot on solo flight that lands in Da Nang sets world record
Mack Rutherford, 17, who stopped by Da Nang last month, has become the youngest person to fly solo in a small aircraft across the globe, according to Guinness World Records. The British-Belgian has beaten the record previously held by a Briton, Travis Ludlow, who completed the feat aged 18 years …
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