Business

The Tet bonus, the biggest and most anticipated reward for workers, has become a major headache for businesses in the south after the Covid-19 pandemic slashed their revenues. It took Dang Tuan Tu, chairman of the labor union at footwear maker Chang Shin Vietnam in Dong Nai Province, a month …

The Civil Aviation Administration of Vietnam (CAAV) says regular international flights will resume next month to Japan, Taiwan, Singapore, Cambodia and the U.S. As of Tuesday, it has reached agreements with aviation authorities in these five destinations to implement the plan approved by the government earlier this month to resume …

Vietnamese customs officials have proposed railways be used to transport goods to China amid the pileup of container trucks at the border as the latter tightened Covid-19 measures. With over 2,100 trucks remaining stuck at the border, the pileup situation – which has lasted the last several weeks – won’t …

River Mansion, a zone of Aqua City, will be developed across 11 hectares, offering more than 200 villas and townhouses designed in European style. The cooperation signing ceremony in developing the River Mansion zone of Aqua City was held on 18th Dec 2021 at Novaland Gallery in District 1, Ho …

Vietnam’s benchmark VN-Index rose 0.37 percent to 1,494.39 points Tuesday in its third gaining session in a row despite reports of the first Omicron Covid-19 case in the country. The index fluctuated around 1,490 points throughout the day and closed 5.5 points higher even though a person returning to Hanoi …

Personal data of 1.92 million users of Vietnamese digital currency app Onus has been leaked due to a security breach. The Singapore-based company founded and managed by Vietnamese stated Monday its server had been attacked and personal data of a large number of users could have been leaked. It added …

The government needs to address three major challenges to the development of electric vehicles in Vietnam – rising power demand, insufficient infrastructure and high prices, experts say. The first challenge to the development of electric vehicles is the continuously increasing power consumption, said energy expert Nguyen Quoc Khanh. Each year, …

Vietnam’s monetary policies in 2022 will aim to keep inflation under control, while supporting the country’s economic recovery, the central bank said on Tuesday. The Southeast Asian country’s economic growth has traditionally relied heavily on increased credit, though authorities have been trying to reduce this dependence. Total bank lending in …

Conglomerate Vingroup has appointed its vice chairwoman, Le Thi Thu Thuy, as the new CEO of auto subsidiary VinFast Global. She takes over from German Michael Lohscheller, who will return to Europe for personal reasons after five months at the job, and will directly manage VinFast’s business in the U.S., …

National broadcaster VTV will auction 15 percent of its stake in the Vietnam Satellite Digital Television Company (VSTV), which owns premium pay TV service K+. The starting price is VND188.7 billion ($8.2 million). Domestic investors can participate in the auction slated for Jan. 13, 2022, the Hanoi Stock Exchange announced. …