Royal International Corporation (RIC), which operates the biggest casino in the northern province of Quang Ninh, is set to record a loss for the fourth year in a row. The company expects a loss of nearly $1.6 million this year on top of $4.4 million last year. But it anticipates …
Read More »TTC Group chairman to sell his stakes in sugar subsidiary
Dang Van Thanh, chairman of conglomerate TTC Group, has registered to sell his 10 million shares in subsidiary TTC Sugar, Vietnam’s largest sugar company. The disinvestment, set to take place between next week and mid-May, is expected to fetch VND240 billion (US$10.5 million) on the basis of the company’s share …
Read More »Malaysian celebrity apologizes for Vietnamese dress faux pas in Hoi An
A Malaysian model who triggered public outcry for donning an ao dai without its trousers in Hoi An has apologized to Vietnamese netizens for disrespecting their culture. Siew Pui Yi on Wednesday apologized to Vietnamese online users for donning an ao dai (traditional Vietnamese long dress) without the long-flared bottoms …
Read More »Vietjet resumes 10 routes to and from Cần Thơ
President Nguyễn Xuân Phúc (fifth from left) and the leaders of Cần Thơ City, departments and Vietjet participated in the ceremony to announce the operation of routes to and from Cần Thơ.— Photo courtesy of Vietjet CẦN THƠ — Vietjet has announced the re-operation of 10 routes connecting Cần Thơ City with several domestic and international destinations in order …
Read More »Cancelling Ninh Thuận nuclear power project the right policy: NA Chairman
A solar power plant in Ninh Thuận Province. The development of renewable energy sector has made great contributions to its economic growth. — VNA/VnExpress News Photo HÀ NỘI — Stopping the implementation of the Ninh Thuận nuclear power project is the right policy of historical significance by the Party Central Committee and Politburo …
Read More »Exciting offers on Sacombank Pay app, 100% fee refund for overseas money transfer
Sacombank offers promotions for new customers who register for the Sacombank Pay app and others who introduce the app to relatives and friends, and 100 per cent fee refund for overseas money transfer. — Photo courtesy of the bank HCM CITY — Sacombank has launched a promotion programme called ‘Pay có hội – Thưởng gấp bội’ for new customers who …
Read More »Government’s economic recovery and development programme is important: expert
Economic expert Cấn Văn Lực The COVID-19 pandemic has had a comprehensive impact on socio-economic aspects as well as the implementation of the development goals for the last two years, as well as the five-year period of 2021-2025. In order to help the economy overcome difficulties and catch up with the global economic recovery, the Government …
Read More »Greater efforts needed to tackle inefficient projects
Thái Bình Thermoelectricity plant No 2 which was revived after more than a decade of stagnation. — Photo baochinhphu.vn HÀ NỘI — Greater efforts and determination were needed to thoroughly tackle stagnant State-owned projects and create new resources and motivation to revive these projects and enable them to promote the country’s economic development. …
Read More »Vietnam tops list of Q1 tourist arrivals in Cambodia
Vietnam led the list of countries with the highest number of tourist arrivals to Cambodia in the first quarter, followed by Thailand and China, a Cambodian official says. Cambodia received a total 151,680 foreign visitors in the first quarter of 2022, an increase of 114 percent year-on-year, Kong Sopheareak, director …
Read More »Việt Nam’s manufacturing sector hit by wave of COVID-19 infections
An auto component production line of Keihin Vietnam Co Ltd. The issues around the pandemic and price rises also impacted new orders at the end of the first quarter. — VNA/VnExpress News Photo HÀ NỘI — The Việt Nam Manufacturing Purchasing Managers’ Index (PMI) dropped to 51.7 in March from 54.3 …
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