Investors were granted licenses. — VNA/VnExpress News Photo YÊN BÁI — The People’s Committee of the northern province of Yên Bái handed over a decision approving investment to nine investors with a total capital of more than VNĐ1.475 trillion (US$64 million) at a meeting of businesses and investors on Sunday. …
Read More »Central Vietnam luxury train to resume operation
A train connecting central beach towns Da Nang and Quy Nhon will start running again on April 1 after a year’s suspension due to Covid-19. Vietage was launched in July 2020, but was suspended in April last year as the fourth wave of the coronavirus hit the country hard. The …
Read More »Vietjet relaunches the first int’l route
The first international flight from Thailand to Đà Nẵng International Airport was warmly welcomed by leaders of Đà Nẵng City, the airport and Vietjet. — Photo courtesy of Vietjet ĐÀ NẴNG — Vietjet has resumed the first international service to the central city of Đà Nẵng from Bangkok, reaffirming its role as the largest …
Read More »Foreign investors turn buyers after 4 weeks
Foreign investors bought nearly VND2.5 trillion ($109.32 million) worth of shares in Vietnam last week after four weeks of selling. Their top purchases included Duc Giang Chemicals Group (DGC), Sacombank (STB), electrical equipment maker Gelex Group (GEX), conglomerate Masan Group (MSN). They sold dairy giant Vinamilk, property developer Novaland Group …
Read More »Phat Dat market cap to reach $5-7 billion in next 3 years: chairman
High growth rate and expanding land holdings will drive real estate giant Phat Dat’s valuation to US$5-7 billion by 2025, its chairman, Nguyen Van Dat, has said. Phat Dat entered the billion-dollar club in February 2021, and its market cap then skyrocketed to $2.12 billion by October. PDR is among …
Read More »FLC, related stocks plummet after regulator’s fine for disclosure violations
The stocks of real estate developer FLC and related companies hit the floor Monday morning after the company was fined for flouting disclosure regulations. As of 11:11 a.m. over four million shares had been traded at VND13,600 ($0.59). It is now down nearly 40 percent from its historic peak on …
Read More »Airlines seek favourable policies to reduce fuel bills
Passengers disembark from a Vietnam Airlines jet. The airline has recently lodged an appeal, calling for favourable policies amid higher fuel costs. Photo thanhnien.vn HÀ NỘI — Several airlines have appealed to the Ministry of Finance (MoF) and the Ministry of Transport (MoT), calling for favourable policies amid mounting fuel …
Read More »Novaland provides customers specialized aviation services
Novaland is collaborating with Vietstar Airlines to provide tourists at NovaWorld projects specialized flight and air evacuation services. On March 22, Novaland signed a cooperation agreement with Vietstar Airlines to provide charter flight and evacuation air services for its NovaWorld projects via helicopters and business jets. Nguyen Ngoc Huyen, general …
Read More »Hotels fully booked month before Reunification Day holiday
A month ahead of the Reunification Day holiday, bookings are full at several high-end hotels in Sa Pa and Phu Quoc. Air fares and room prices are climbing too. Vietnamese people will have four days off for the Reunification Day-Labor Day holiday as both days, April 30 and May 1, …
Read More »Industrial realty developer BW announces entry into Long An Province
Vĩnh Lộc 2 Industrial Park is a prominent landmark on the journey from the Mekong Delta to central HCMC. Photo courtesy of the firm BÌNH DƯƠNG – Industry real estate developer BW Industrial Development Joint Stock Company marked its entry into Long An with the acquisition of industrial land in the province. …
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