Aviation officials expect the number of international passengers going through Vietnamese airports this year to reach 10 million, or around 24 percent of pre-pandemic levels. The Civil Aviation Authority of Vietnam (CAAV) said at an aviation forum held in Da Nang City late last week the aviation industry is en …
Read More »Banana exports to China boom despite Covid restrictions
Banana exports to China increased by 10 percent in the first five months though total vegetable and fruit exports to that country were down 28 percent. Vietnam was China’s largest supplier of bananas at 742,000 tons or 43 percent of its total imports, according to the Vietnam Fruit & Vegetables …
Read More »Apple suppliers competing for workers in Vietnam: Foxconn chief
Apple’s major Chinese suppliers are competing for Vietnamese workers as they seek to expand operations outside their country. Young Liu, chairman of Foxconn’s flagship unit Hon Hai Precision Industry Co., told reporters in Taipei Saturday that his firm’s Chinese competitors have set up operations near its facilities in Vietnam just …
Read More »Big M&A deals forecast in banking industry in 2022
Customers make transactions at a Vietcombank’s office in Hà Nội. Vietcombank will carry out a private placement of 6.5 per cent of its capital. Photo vietcombank.com.vn HÀ NỘI — Việt Nam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the …
Read More »Falling output means VN cannot export chicken to Singapore
Supply of chicken meat in Việt Nam is only enough for the domestic market. Photo tuoitre.vn HCM CITY – Singapore is facing a serious shortage of chicken meat, but Vietnamese livestock companies do not have a surplus to export to the island. Deputy chairman of the Đồng Nai Province …
Read More »Fairy tale ends for businesses investing in securities market
But since the beginning of April the stock market has been experiencing a major correction, the strongest in the last two years.— Photo diendandoanhnghiep.vn Compiled by Thiên Lý Analysts say returns on investments businesses made by diverting their funds into the stock market are drying up. In the second quarter …
Read More »Việt Nam to improve institutions to attract foreign investment
Samsung Electronics Việt Nam Thái Nguyên in the northern province of Thái Nguyên. Foreign capital flows have been present in most localities in the country with projects invested by big global names. — Photo courtesy of Samsung Vietnam HÀ NỘI — In view of the important contributions of investment capital to the local economy, …
Read More »Provinces turn to e-commerce to sell agricultural produce
Agricultural products being sold on an e-commerce platform. — VNS Photo HCM CITY — To help sell agricultural products, many localities are working to establish linkages between businesses in the supply chain and turning their focus to e-commerce platforms. According to the Việt Nam E-commerce and Digital Economy Agency, …
Read More »Market to continue correction trend
On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index finished last week at 1,284.08 points, a 1.81 per cent decline. — Photo nld.com.vn HÀ NỘI — The stock market marked its first weekly fall in four, with the VN-Index breaking down 1,300 points. This has led analysts …
Read More »Delivery work most lucrative among 5 largest job categories
Delivery workers earn the highest salaries among the five largest groups of workers as companies compete with each other amid a shortage of candidates, a study has found. They get an average post-social distancing salary of VND10.1 million ($435.82) a month, 11 percent more than the next group, factory workers …
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