Vietnam’s benchmark VN-Index dropped 0.23 percent to 1,176.49 points Monday. The index closed nearly 2.8 points lower, dragged down by last-minute selling, after losing 2.9 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 14 percent to VND11.23 trillion ($479.03 million). The VN-30 basket, comprising …
Read More »Vietjet Air named among world’s top 10 budget airlines
Vietnam’s Vietjet Air has made it onto the list of 10 best budget airlines for 2022 by AirlineRatings, the world’s only airline safety and product rater. The budget carrier, owned by billionaire Nguyen Thi Phuong Thao, has joined the list along with the U.S.’s Allegiant Air and Southwest, Malaysia’s AirAsia, …
Read More »Vietjet to start 9 services from Vietnam tourism hubs to India
Budget airline Vietjet Air has announced the launch of new services to three Indian cities from Hanoi, HCMC and Da Nang. From Hanoi, it will start flying to Ahmedabad, Hyderabad and Bengaluru on September 27, October 7 and November 2. From HCMC they will start on September 29, October 8 …
Read More »Mobile World shuts down fashion chain after 6 months
Electronics retail giant Mobile World has shut down its AVAFashion business six months after branching out to the new sector in its search for new revenue streams. The of AVAFashion website has been shut down and is redirected to AVASport, Mobile World’s sportswear distributor. The largest electronics retailer in Vietnam …
Read More »Hanoi among world’s most ideal cycling destinations: Booking.com
Hanoi, famous for its centuries-old temples and French colonial buildings, is one of the world’s six best places to explore by bicycle, according to a survey of travelers. The survey commissioned by Dutch online travel agency Booking.com of over 48,000 respondents in 31 countries said the other five are Uyuni …
Read More »Commercial rents hit new high in HCMC central areas
A shophouse on the main street of Nguyen Hue is being offered at US$350 per square meter per month, the highest commercial rent ever reported in HCMC. Rents in the central business district (CBD) of the city averaged $270 in the second quarter, according to property consultancies CBRE Vietnam and …
Read More »Airfares soar on summertime travel demand, fuel price hikes
Flight tickets to domestic destinations have become pricier than holiday fares, with rising global fuel prices adding fuel to high summer travel demand. For the past two weeks, Hoang Viet, who lives in Hanoi’s Ha Dong District, has been checking flight ticket prices constantly so he could fly to Ho …
Read More »Ben Thanh market begins to bustle again
The number of tourists coming to Ben Thanh market is rising sharply from previous months. Ben Thanh market begins to bustle again Ben Thanh Market begins to bustle again
Read More »Da Nang most searched summer destination
Online travel agency Booking.com says Da Nang was the most searched destination by Vietnamese tourists for this summer, followed by Hoi An and Da Lat. The rest of the top 10 destinations were: Phu Quoc Island, Nha Trang, Vung Tau, Ha Long, Quy Nhon, Ho Chi Minh City and Mui …
Read More »Skilled labor shortage could hinder Vietnam growth: Google
Vietnam has overcome most obstacles to optimizing its digital system except the talent shortage, particularly in volume terms, Stephanie Davis, vice president of Google Southeast Asia, has said. “[Vietnam] needs more people trained with the right skills to move the country forward,” she said while speaking at an annoucement of …
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