Tuesday , November 26 2024

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Business group pans management of fuel market

Business group pans management of fuel market

Fuel prices are being managed “half-heartedly” and retailers are suffering losses because they are unable to set their own prices, the Vietnam Federation of Commerce and Industry (VCCI) said. There is widespread supply disruption mostly caused by the government’s management which allows distributors to pay retailers zero commission thereby robbing …

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HCMC mulls renting out sidewalk

The Ho Chi Minh City Transport Department plans to let private investors use sidewalks as parking lots, do business and run advertisements after sparing enough space for pedestrians. In a recent proposal, the department listed businesses applicable for using sidewalk spaces for a fee, including services, selling goods, parking lots, …

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Vietravel Airlines plans 6-fold increase in charter capital by 2025

Vietravel Airlines plans 6-fold increase in charter capital by 2025

Rookie carrier Vietravel Airlines wants to gradually increase its charter capital nearly sixfold to VND7.64 trillion ($323.66 million) by 2025. The airline recently made this proposal to the government after two years of operating with a charter capital of VND1.3 trillion. It owns three narrow-body Airbus A321 jets. Viettravel made …

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