Two Thu Thiem land auction winners say will make payments

At a meeting on March 21 between the department and the two firms, representatives of the two companies said they were trying to mobilize funds for the payments, the local media reported.

 

Tips for tour guides: yes or no?

Analysts doubt the feasibility of the new decision by the Phu Quoc Tour Guide Association about collecting tips because most tourists want inexpensive tours and travel firms are competing with each other by slashing service fees.

Three banks file lawsuit against Dung Quat ethanol project investor

PVCombank, OceanBank and Vietcombank have filed a lawsuit against Vietnam Central Biofuels JSC (BSR-BF), the investor of the Dung Quat ethanol project and a subsidiary of the Binh Son Refining and Petrochemical JSC (BSR).

Vietnam spends US$865 million importing COVID-19 test kits

Vietnam has spent a total of VND19,900 billion (roughly US$865 million), importing COVID-19 test kits since the pandemic broke out in 2020, according to the General Department of Vietnam Customs.

First online child protection website in Vietnam launched

The Vietnam Network for Child Online Protection recently debuted its website for online child protection and receiving child abuse reports.

Vietnam Airlines suspends regular flights to Russia

Vietnam Airlines announced on March 22 evening that it will temporarily suspend the regular operation of the Vietnam – Russia air route, starting from March 25, until further notice.

Turning Vietnam into a destination for super-rich Indians

Vietnam has a lot of potential to become a favorite destination for high-end and even super-rich visitors.

VND10mil smartphone segment bustling in Vietnam

The segment for smartphones priced at about VND10 million ($480) in Vietnam is hotter than ever with many new models launched this month.

Electric cars begin flowing to Vietnam on billionaire Pham Nhat Vuong’s strategy

After VinFast initiated its ‘blockbuster’ strategy on developing electric cars, a number of automobile manufacturers have imported electric cars to sell in the domestic market.

Korean community hopes for re-consideration of tightened medical measures on arrivals from Vietnam

Many Korean people have expressed their disappointment at the country’s removal of Vietnam out of the list of countries eligible for COVID-19 quarantine exemption.

5-star hotels remain closed amid tourism reopening

Many hotels have not reopened to welcome guests, though Vietnam reopened the market to foreign investors on March 15.

Bitter lessons for Vietnamese firms in suspected cashew nut export scam

A recent suspected scam involving local businesses exporting cashew nuts to Italy has raised alarm bells for exporters amid increasing transnational trade fraud.

The Times suggests seven extraordinary trips to book in Vietnam

UK media outlet The Times has hailed a visit to Vietnam as the most extraordinary trip to book this year, adding that the rising star of Southeast Asia deserves to top the bucket list for travelers.

Shares of No 1 dairy producer fall out of top 10

Current difficulties, plus unclear prospects, pulled Vinamilk shares (VNM) out of the top 5 shares with largest capitalization value last year and the top 10 recently.

Reopening of tourism this month offers hope to businesses

The official reopening of international tourism this month offers hope to tourism businesses who have been hit hard in the pandemic.

VIETNAM NEWS HEADLINES MARCH 22

VN jumps two notches in global happiness ranking

VIETNAM BUSINESS NEWS MARCH 22

Vietnam asks for Malaysia’s support to develop Halal food industry

Hanoi’s Old Quarter bustles again

Following the full reopening, many ancient streets around Hanoi welcomed a large number of citizens and people to play, enjoy cuisine and go shopping. This is a positive signal for the recovery of the capital city’s tourism.

Mobile Money still "finding the way"

Mobile Money was under consideration for three years, with the expectation of becoming a "personalized wallet" for every Vietnamese citizen, but after three months of trial, the results are not as good as expected.

Vietnamese tourists rush to travel abroad

After the full reopening of the country to foreign visitors, the inbound tourism needs more time to develop while outbound tourism has been so busy a few weeks ago.

Garment exporters face multiple challenges despite plentiful orders

Though the local textile-garment sector has received a host of orders, it is struggling with shortages of input materials and human resources, and rising logistics costs.

Two important little-known commitments about Nghi Son oil refinery

Some parts of an agreement signed with a foreign investor have pushed Vietnam into a dilemma.

HCMC’s traffic congestion has increased everywhere: Transport Minister

Traffic congestion is a serious problem in HCM City, having increased everywhere. As the population of the city continues to increase, traffic congestion is becoming worse.

Aviation industry sets target to welcome 43 million passengers

Vietnam’s aviation industry is targeting about 43 million passengers in 2022, including eight million international tourists, or around 50 per cent of pre-pandemic numbers, according to the Civil Aviation Authority of Vietnam.

Temperature projected to rise by 6°C in Vietnam by the end of 21st century

The temperature may rise by 6°C in Vietnam by the end of 21st century if climate change is not prevented, French and Vietnamese scientists warned in a joint research project.