Business

  An aircraft of Vietnam Airlines JSC. — Photo VNA HÀ NỘI — Vietnam Airlines JSC (HoSE: HVN) announced on May 27 that it has completed the transfer of 35 per cent of its shares in Cambodia Angkor Air (K6) to the receiver, under an agreement between the two parties in the …

Xiaomi has delivered the first batch of its made-in-Vietnam smartphones, the Chinese electronic giant announced Monday. Its smartphones are made in Vietnam by DBG Technology, a subsidiary of Hong Kong’s DBG Electronics Investment Limited, at a factory in northern Thai Nguyen Province. Besides supplying to the local market, those devices …

Vietnamese gasoline prices are the same as the global average but lower than in China, Thailand and South Korea, the Ministry of Industry and Trade has said. On May 11 the popular RON95 fuel cost VND29,988 per liter at the pump, or US$1.29, the same as the average of 170 …

Da Nang, Vietnam’s third most important city and tourism hub, will work with foreign carriers to launch direct flights to India, Australia, the U.K., and Germany. Nguyen Thi Hoai An, director of the city’s tourism promotion center, said India’s two largest carriers Air India and Indigo would discuss the potential …

HCMC deputy chairman Vo Van Hoan expects the city economy to recover quickly from Covid-19 and grow at 6-7 percent this year. Speaking at a press briefing about the 4th Vietnam Economic Forum, he said in the first quarter the economy grew again after shrinking during the previous two quarters …

The U.S. has initiated a scope investigation into Vietnamese and Malaysian wooden cabinets that were allegedly transshipped from China to avoid tax duties. Its Department of Commerce (DOC) suspects that Vietnamese and Malaysian manufacturers import parts or completed products from China and finish them locally before exporting them to the …

  A clear legal framework for blockchain is needed to promote its on-track development and application in Việt Nam. — File Photo HÀ NỘI — The investment capital flow is eyeing blockchain projects, offering significant opportunities for Việt Nam where this technology was booming to have unicorns in the global blockchain …

  Việt Nam sees an increasing demand for digital technology, which is driving the development of the startup ecosystem. — VNA/VNS Photo HÀ NỘI — Việt Nam is becoming a magnet in Southeast Asia for attracting investment in start-ups, driven by a convergence of a young consumer and workforce base with …

  Tourism real estate projects such as condotels are mostly developed in localities with tourism potential. — Photo bnews.vn HCM CITY — Experts have called for clarifying the legal status of tourism real estate properties such as condotels, tourism villas and shophouses to safeguard stakeholders’ benefits, helping revive the tourism sector. Nguyễn …

Inside a steel bar processing plant of Hòa Phát Group (HPG). — Photo hoaphat.com.vn HÀ NỘI — The Board of Directors of Hòa Phát Group (HoSE: HPG) has approved the 2021 dividend payment of 35 per cent, of which 5 per cent is paid in cash with each share receiving VNĐ500.  With 4.47 …