Vietnam Airlines is facing legal challenges in selling its failing low-cost carrier Pacific Airlines as regulations on managing state-invested capital keeps its hands tied. The flag carrier is looking for potential investors to acquire a stake in Pacific Airlines while trying to evaluate its value, and whether a private placement …
Read More »‘Rice hometown’ Thái Bình Province strives to enhance rice quality, branding
Rice harvesting in Vũ Thư District of Thái Bình Province. — VNA/VNS Photo Thế Duyệt THÁI BÌNH — Thái Bình Province, dubbed the ‘hometown of rice’, has many advantages in rice production thanks to the natural conditions, climate, irrigation infrastructure and high level of intensive farming. However, large-scale production and building …
Read More »Inland Waterway Administration submits report on local fee collections
Vessels loaded with goods are sailing into Cambodia via the Vĩnh Xương-Caom Samnor Border Gate. — Photo angiang.gov.vn HÀ NỘI — After receiving several complaints about waterway fee collections in Hồ Chí Minh City and Hải Phòng Province, the Việt Nam Inland Waterway Administration (VIWA) has submitted a report to the …
Read More »VN to establish industrial environmental index
View of the Đồng Văn II Industrial Park in the southern province of Hà Nam. VNA/VNS Photo Danh Lam HÀ NỘI — The Ministry of Planning and Investment (MPI) has called for the implementation of an industrial environmental index in Việt Nam, according to Lê Thành Quân, head of …
Read More »Newly-established businesses in H1 exceed 70,000 for first time
Workers make garment products of Apparel Far Eastern Việt Nam Co. in Bình Dương Province. — VNA/VNS Photo HÀ NỘI — There were 76,233 newly-registered enterprises in the first six months of this year, an increase of 13.6 per cent compared to last year. This is the first time that …
Read More »Industries hit hard by rising fuel prices
Sao Viet Bus, which operates on the northern route Hanoi – Lao Cai Province, is struggling to survive as the price of fuel, which accounts for 50 percent of costs, keeps rising. “If we do not operate regularly, we will lose our slots at bus stations, but the more we …
Read More »Feed prices to increase in July
Livestock farmers feeding their pigs. Photo tuoitrethudo.com.vn HÀ NỘI — Livestock feed prices have increased five consecutive times since early 2022 and the six is to come in July. Koji Inoue, general director of the Kyodo Sojitz Animal Feed LTD has informed his agents about imminent price adjustments. Specifically, the company planned …
Read More »Shares extend gains, bolstered by bank and energy sectors
Facilities of Bình Sơn Refining and Petrochemical Company Limited (BSR) in the central province of Quảng Ngãi. BSR rose 2.8 per cent on Wednesday. Photo bsr.com.vn HÀ NỘI – Vietnamese shares rose on Wednesday, propped up by a slew of banking and energy stocks. On the Hồ Chí Minh Stock Exchange (HoSE), the …
Read More »Hoi An among world’s best places to visit in July
Dubai-based Time Out magazine has listed Hoi An ancient town in central Vietnam among “the very best places” to travel to in July with warm weather. “As the monsoon rains fall in Hanoi and Ho Chi Minh City, savvy travelers in Vietnam head to the central coast where the weather …
Read More »NA Chairman meets Hungarian entrepreneurs during official visit
Tibor Novák, director of Gedeon Richter, talks to Vietnamese National Assembly Chairman Vương Đình Huệ. — VNA/VNS Photo Doãn Tấn BUDAPEST — As part of his official visit to Hungary, National Assembly (NA) Chairman Vương Đình Huệ met with entrepreneurs with business operations in Việt Nam on Tuesday. During talks with …
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