The World Bank has cut its growth forecast for Vietnam this year to 5.3 percent, due to surging Covid-19 infection in Q1 and economic slowdown in its major export markets. This has been the second time the bank lowers its 2022 projection for the country. Last October it had expected …
Read More »Vietjet offers promotional tickets on several int’l routes
s A Vietjet plane lands at Tân Sơn Nhất Airport in HCM City. — Photo courtesy of Vietjet HCM CITY — Vietjet is offering 8,888 discounted tickets priced from only zero đồng (excluding tax and fees) on several routes. The promotional airfares are available during three ‘golden days’ from Tuesday to Thursday. They are for routes connecting …
Read More »Photo of Mekong Delta grass harvest wins first prize at SkyPixel contest
An overhead shot of a person collecting bang grass in the Mekong Delta province of Long An has won the first prize in this year’s SkyPixel photo contest. The photo taken by Nguyen The Binh in December last year shows a farmer in a conical hat in My Hanh Bac …
Read More »Malaysian celebrity triggers outcry over Vietnamese dress faux pas in Hoi An
Vietnamese netizens have expressed public anger over Malaysian internet celebrity Siew Pui Yi wearing Vietnam’s traditional dress ao dai without its trousers in Hoi An. On Monday, Facebook account MS PUIYI posted two photos of a woman wearing ao dai and releasing colorful lanterns on the Hoai River in Hoi …
Read More »9 bond issuances worth $439 million cancelled
Tân Hoàng Minh Group’s building in Cầu Giấy District, Hà Nội. — Photo nld.com.vn HÀ NỘI — The State Securities Commission of Việt Nam (SSC) has decided to cancel nine bond issuances worth VNĐ10.03 trillion (nearly US$439 million) from July 2021 to March 2022 by companies under Tân Hoàng Minh Group. …
Read More »VN-Index ends gaining streak with falling trading value
Vietnam’s benchmark VN-Index dropped 0.31 percent to 1,520.03 points Tuesday after three winning sessions. The index remained in the red throughout the day and closed 4.67 points lower, after gaining over 40 points in the last five sessions. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the …
Read More »Hòa Phát’s HRC sales reach record high
Hot rolled coil (HRC) steel production at Hòa Phát Dung Quất Iron and Steel Integrated Complex. — Photo courtesy of the firm HÀ NỘI — Hòa Phát Group supplied the market with 296,000 tonnes of hot rolled coil (HRC) steel. This is the highest sale level since it started supplying HRC …
Read More »Điện Biên surveyed by investors
Intracom Group and Euro Blue Power Group meet leaders of Điện Biên Province for some storage hydropower projects in the province. — Photo courtesy of the firm HÀ NỘI — Intracom Group and French Euro Blue Power Group worked with leaders of Điện Biên Province on field surveys and investment research for hydropower storage projects. Nguyễn Thanh Việt, chairman …
Read More »HCM City to turn existing IPs, EPZs into eco-industrial, high-tech zones
A view of Tân Thuận Export Processing Zone in HCM City’s District 7, which is expected to become an eco-industrial zone by 2025. — VNA/VnExpress News Photo Mạnh Linh HCM CITY — The HCM City People’s Committee wants changes made to a proposal to convert industrial parks and export processing …
Read More »WB: Việt Nam’s economic growth forecast adjusted from 6.5% to 5.3% in 2022
A worker at a textile factory in southern Bắc Ninh Province. — VNA/VnExpress News Photo HÀ NỘI — Việt Nam’s economic growth forecast this year has been readjusted from 6.5 per cent to 5.3 per cent by the World Bank (WB), according to its latest economic growth update. WB’s Chief …
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