Business

  A Honda Vietnam plant in Vĩnh Phúc. — VNA/VNS Photo HÀ NỘI — The northern province of Vĩnh Phúc will call for further Japanese investment at a conference to be held in Vĩnh Yên City on June 23, the provincial People’s Committee has announced.  The conference is expected to attract over 800 delegates, including leaders of …

The Vietnam Rubber Group (GVR) expects revenues to rise by 5 percent year-on-year this year, but estimates profit will stay unchanged due to rising costs. Its overheads, including wages, fertilizer, logistics and electricity, have been surging, board member Pham Van Thanh said. Rubber, accounting for half of GVR’s profits, were …

Authorities in South Jeolla Province of South Korea plan to resume international flights from Muan International Airport to Da Lat, Nha Trang and Da Nang from July. In addition to Vietnamese tourist hotspots, flights from Muan Airport to Bangkok and Ulaanbaatar will be resumed next month, Vietnam News Agency reported. …

  A trading session at SSI Securities Corp (SSI). SSI plunged 7 per cent Friday. — Photo SSI Vietnamese shares ended the week on a negative note, dragged by banking and securities stocks. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 1.56 per cent to end at 1,217.30 …

Bamboo Airways won the “Best Cabin Crew in Asia” and “Most Improved Airline in Asia” awards at the PAX Awards 2022 ceremony in Hamburg, Germany. PAX Awards 2022 was held on June 15 (Hanoi time) by the Canadian leading magazine covering cabin services industry PAX International. Truong Phuong Thanh, deputy …

  Prof Eryk Dutkiewicz, head of the School of Electrical and Data Engineer at the University of Technology Sydney, speaks at the Australia – Việt Nam Business Cooperation Forum held in HCM City on Thursday. VNS Photo Thu Hằng HCM CITY — At the Australia – Việt Nam Business Cooperation Forum held …

Vietnam’s benchmark VN-Index dropped 1.56 percent to 1217.30 points Friday with trading value rising double-digit. The index closed 19 points lower after gaining nearly 23 points on Thursday. It has lost 67 points this week as global markets plunged due to concerns of inflation and disrupted supply chains. Trading on …

  A plane of Vietnam Airlines. — Photo courtesy of Vietnam Airlines HÀ NỘI — The Civil Aviation Administration of China (CAAC) has agreed to allow airlines of Việt Nam and China to operate two flights per week, instead of only one flight per week as before, the Civil Aviation Authority of Vietnam (CAAV) has said.  The move showed …

The National Assembly wants the government to gradually remove the credit growth cap for banks, a policy it finds anomalous in a modern economy. Ninety nine percent of lawmakers Thursday voted in favor of a new decree which supports the scrapping, though they did not specify a deadline. Earlier this …

The Ministry of Industry and Trade is considering quadrupling the national oil reserves equating to a month’s consumption as global prices continue to rise. Current reserves can only meet five to seven days of consumption, and the ministry is seeking opinions from the Ministries of Finance and Planning and Investment …