Wednesday , October 30 2024

Business

Business

Tourism recovery could take long: industry insiders

Tourism recovery could take long: industry insiders

The resumption of international tourism has stirred hopes of a recovery, but travel firms say it will be a long time before the industry returns to pre-pandemic levels. “With foreigners only required to test negative for Covid-19 and not quarantine, Vietnam now has one of the most competitive tourism policies …

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Construction material prices increase

  Prices of building materials and interior decoration have all increased.  — Photo nld.vn HÀ NỘI — With local construction contractors recovering after the heavy impact of the pandemic, the increased prices of building materials and the labour costs have a significant effect on their performance. In recent days, steel manufacturers have continued to send notices of higher prices …

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Reopened international flights to help FDI take off

  Hana Kovi Việt Nam, a South Korean-invested garment company in Bắc Giang Province. Việt Nam expects to see a significant increase in FDI this year. — VNA/VnExpress News Photo Danh Lam HÀ NỘI — The reopening of international flights to Việt Nam after more than one year of closure, coupled with the country’s …

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Transport costs rise as fuel prices surge

  Containers are loaded at the Tân Cảng- Cát Lái Terminal in HCM City. — VnExpress News Photo Thu Hằng HCM CITY — The sharp rise in gasoline prices is pushing up transport costs and thus fares, bus operators said. Eleven transport businesses operating at the Miền Đông (Eastern) bus station have announced a …

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Shares extend gains on improved liquidity

  FLC Sầm Sơn resort in Thanh Hóa Province. Part of investors sought to seek profits in mid caps such as FLC, pushing the share price to the ceiling. — Photo flc.vn HÀ NỘI — Việt Nam’s benchmark VN-Index remained in positive territory on Thursday but divergence widened among blue …

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Cement makers hike prices again on rising costs

Cement makers hike prices again on rising costs

Cement manufacturers have hiked prices by VND100,000-150,000 ($4.4-6.6) per ton, or 5.5-8.3 percent, claiming production costs have risen. Ha Tien 1 Cement JSC, a subsidiary of the Vietnam National Cement Corporation (VICEM) announced a hike of VND100,000 per ton for its Vicem Ha Tien brand of packed cement with effect …

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VN-Index inches up as Asian markets in green

VN-Index inches up as Asian markets in green

Vietnam’s benchmark VN-Index rose 0.14 percent Thursday to 1,461.34 points as most Asian markets rally on U.S. Federal Reserve confidence and expectation of more support for China’s economy. The index stayed in the green throughout the day and closed 2.01 points higher, after gaining 13 points in the last two …

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Vietnam to build 3rd oil refinery

Vietnam to build 3rd oil refinery

Vietnam is working on administrative procedures to build a third oil refinery amid apparent shortages and surging prices due to dependency on global supply. The factory is set to have a capacity of 10 million tonnes per year and be located in the southern province of Ba Ria-Vung Tau, Deputy …

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