AIA and VPBank agreed to a new 15-year exclusive bancassurance partnership agreement on March 15, extending cooperation by an additional four years. Brought together by a shared set of values, with AIA’s Purpose of helping people “live healthier, longer, better lives” and VPBank’s mission to thrive “for a prosperous Vietnam”, …
Read More »Stock trading hits five-week low
Vietnam’s benchmark VN-Index rose 0.45 percent to 1,459.33 points Wednesday with trading value plunging to a five-week low as investors tread carefully amid uncertainties. The index stayed in the green throughout the day and closed nearly seven points higher after rising over six points Tuesday. Markets in China and other …
Read More »Gasoline imports to continue until Nghi Son production returns to normal: minister
Gasoline imports will continue until Nghi Son, one of the country’s two refineries, resumes normal operation, Minister of Industry and Trade Nguyen Hong Dien has said. The role of domestic refineries is “unknown in the gasoline supply equation,” he told lawmakers during a Q&A session at the National Assembly Wednesday. …
Read More »UKVFTA boosts bilateral trade
On Tuesday a seminar was held to review bilateral trade between Việt Nam and the UK one year after the UKVFTA came into force. Photo bnews.vn HÀ NỘI — The UK-Việt Nam free trade agreement (UKVFTA) is like a two-lane freeway that helps balance the direction of bilateral trade, according to Deputy …
Read More »Foreign tourists happy as Vietnam lifts travel restrictions on reopening
Many foreign tourists said they are excited and ready to visit Vietnam as soon as possible as the country scrapped entry restrictions after inbound tourism reopening. Ben Teh from Singapore said he was glad that Vietnam is finally opening with relaxed entry rules and he can plan his trip to …
Read More »Transport firms hike fares by up to 20 pct
Transport companies are increasing fares by 10-20 percent amid the sharp rise in gasoline prices and slump in demand, which has pushed most of them into the red. Minh Thanh Phat, which operates Sao Viet buses in the north, said it has informed authorities about a 20-percent hike starting this …
Read More »HCM City needs to reconsider urbanisation of outlying districts: experts
Bình Chánh District. — VNA/VnExpress News Photo HCM CITY — The HCM City administration should think twice about urbanising its outlying districts since that would only benefit property developers and not residents, experts said. Ngô Viết Nam Sơn, an architect with 30 years’ experience, said it would make it even …
Read More »Vietnam promises adequate gasoline supply for Q2
Vietnam has enough gasoline for the second quarter even without the supply from Nghi Son Refinery, the Ministry of Industry and Trade assured. The refinery, which accounts for around a third of domestic supply, has no plans to deliver products in April and May. It also has not made clear …
Read More »Foreigners can travel freely in Vietnam with negative Covid test upon arrival
The Ministry of Health on Wednesday said foreigners entering Vietnam only need to be tested negative for Covid-19 and do not have to enter any kind of quarantine. Under the ministry’s guidelines on entry rules for Vietnam’s reopening, foreigners entering the country are required to present a negative Covid test …
Read More »Russia-Ukraine conflict forces VN to look for alternative fertiliser suppliers
Fertilisers produced at Bình Điền Fertiliser Joint Stock Company. Domestic fertiliser prices set a new high in the past 50 years.— VNA/VnExpress News Photo Bùi Giang HÀ NỘI — The Russia–Ukraine conflict is forcing Việt Nam to look for alternative suppliers of fertilisers to cope with the shortage of supply and rising …
Read More »