Business

Lawmakers expressed concerns about the very high price tag for 12 new sections of the North-South Expressway, saying the government needs to provide more specific figures. The government’s proposal to build another 729 kilometers of the North South Expressway at VND200 billion ($8.69 million) per kilometer (land acquisition costs included) …

Vietnam’s benchmark VN-Index dropped 0.01 percent to 1,528.48 points Friday with trading value falling double-digit. The index fluctuated in the 1,520 range throughout the day and closed 0.09 points lower after achieving a new peak Thursday. It ended the week 42.5 points higher as new of a possible stimulus package …

Seeing trucks stranded at borders with China, Vietnamese businesses are switching to shipping, but they are facing difficulties due to the shortage of refrigerated containers and higher prices. “There is a serious shortage of refrigerated shipping containers. Many enterprises have to buy back refrigerated containers from other businesses, so their …

Around 300,000 tonnes of dragon fruit will soon be ripe for harvest but without buyers as China clamps down on border trade, industry insiders said. With the northern provinces of Quang Ninh and Lang Son having both restricted trade at the border with China due to containers pilling up, many …

Tourist hubs HCMC and Da Nang have unveiled two scenarios for tourism recovery this year, both focused on receiving foreign tourists under a trial vaccine passport program. Under the first, when the pandemic is under better control, HCMC hopes to receive 25 million domestic tourists and 3.5 million foreign tourists. …

Very happy to resume operations after over six months of closure, spas, bars and karaoke parlors in HCMC are also worried they might not attract many customers. The municipal administration has allowed these health and entertainment establishments to resume operations from Jan. 10. “We are very happy that the nightlife …

The world’s largest trade pact RCEP will boost Vietnam’s trade in the long run as the country becomes part of a bigger supply chain, experts say. With the Regional Comprehensive Economic Partnership (RCEP) coming into effect on January 1, Thuan Phuoc Seafoods and Trading Corp in Da Nang City will …

Budget carrier Vietjet Air has made it onto the global list of 10 safest low-cost airlines for 2022 by AirlineRatings, the world’s only airline safety and product rater. It became the only Vietnamese carrier to break into the list drawn up by the Australia-based agency, which monitors 385 carriers and …

Vietnam’s benchmark VN-Index rose 0.4 percent Thursday to a new peak of 1,528.57 points, boosted by three Vingroup stocks. The index rose six points after mostly staying in the green throughout the day. This was its fourth session in the green in the past five sessions. Trading value on the …

Wind power companies said if the government does not extend the October 31, 2021 deadline for the incentive feed-in-tariff for electricity they face the threat of bankcruptcy. In a letter they sent recently to various government and National Assembly agencies, wind power developers sought to explain why they many were …