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Vietnam’s benchmark VN-Index dropped marginally to 1069.45 points Wednesday, with foreign investors net selling for the fifth straight session. The index closed 0.01 points lower after gaining 4.11 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 9.16% to VND12.65 trillion ($539.51 million). Foreign investors …

Vietjet Air operated over 31,000 flights with several new routes in the first quarter, earning revenues of VND12.6 trillion ($537.38 million). Vietjet’s financial report showed the sales of goods and ancillary services accounted for 42% of its total revenues. The airline operated 31,260 flights serving 5.4 million passengers in Q1. …

Hanoi and Ho Chi Minh City saw their Provincial Competitiveness Index (PCI) ranking tumble by 10 and 13 places respectively last year as investors expect more reforms in their business environment. The index, which has been studied and published by the Vietnam Federation of Commerce and Industry (VCCI) since 2005, …