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From national credit to corporate credit: answer to cheap capital

Vietnam's credit rating, which is still rated at BB is one of the reasons why Vietnamese enterprises have limited access to international capital and have high borrowing costs.

 

Air transportation of int’l passengers, cargo rebounds strongly in first quarter

Vietnamese airlines have seen a surge of 441 per cent in international passengers but a decline in domestic passengers in the first quarter of 2022, according to the Civil Aviation Authority of Vietnam (CAAV).

Obstacles stand in way of mobile money

Mobile money (MM) has not gained much popularity in the country among mobile phone users due to several shortcomings.

Usage of online public services remains low as procedures are cumbersome for users

Online public services have been prepared and are ready for people to use, but necessary procedures pose difficulties for many citizens.

Experience Da Man during the red foliage season

In March, Da Man Forest in D’ran Village, Don Duong District, Lam Dong Province, enters the charming red foliage season, mesmerizing many tourists. 

Oil fields are producing less, but development of new deep-offshore fields faces obstacles

Crude oil output in Vietnam has been on the decrease in recent years. If the country builds more oil refineries, it will have to import crude oil.

VIETNAM NEWS HEADLINES MARCH 27

AstraZeneca COVID-19 vaccine to be used for booster doses

VIETNAM BUSINESS NEWS MARCH 27

Railway sector expects over 200 mln USD to upgrade weak bridges, tunnels

Vietnam bond market rises to US$91.5 billion in 2021: ADB

At the end of 2021, outstanding Government bonds and corporate bonds comprised 71.3% and 28.7% of the local bond market, respectively.

Toan hits boxing milestone with WBA Asia title

Boxer Tran Le Huu Toan opens a new chapter in his career with a WBA Asia belt. He hopes it will provide a strong launch pad for his professional boxing career.

Another specialty from the home of the kings

Hue City in Thua Thien-Hue Province, which was home to the kings of the Nguyen Dynasty (1802-1945), always delights its visitors with an interesting food journey. 

Vietnam warned of 6°C rise by century end

As one of the few hardest-hit countries by climate change, Vietnam is urged to take drastic measures to curb impacts that will not appear in the distant future.

Vietnam’s FDI attraction policy pays off

Despite adverse COVID-19 impacts on the global economy, Vietnam’s selective investment attraction policy with priority to high-quality projects has proved effective, according to experts.

Ride-hailing services face stiff competition

Vietnam’s ride-hailing industry revenues could reach 4 billion USD by 2025, while the industry has witnessed high demand and newcomers.

Local dairy products make foray into 56 countries and territories globally

Vietnam’s milk export turnover has consistently seen annual growth in recent years, reaching roughly US$300 million, with the milk export market expanded to nearly 56 countries and territories globally.

The guard of ginseng trees on Ngoc Linh Mountain

Mr. Nguyen Manh Tuan has been with the Tak Ngo ginseng garden in Tra Linh Commune (Nam Tra My District) in Quang Nam Province for seven years. He has spent more time in the garden than with his family.

Local airlines grapple with soaring costs amid Russia-Ukraine conflict

The Russia-Ukraine military conflict has caused a significant impact on the Vietnamese civil aviation sector, with carriers struggling to cope with soaring costs, according to the Civil Aviation Authority of Vietnam.

U70 pals complete 50-year vow by traveling 6,000 kilometers through 32 provinces

Four U70 buddies completed a 5,714 km trek by pickup truck from Lam Dong to Northwest and Northeast provinces in 15 days, realizing their 50-year-old goal.

Young physics professor: 'triangle model' helps develop high-quality research

Prof Phung Van Dong, who is head of a strong research team in High Energy Physics and Cosmology at Phenikaa University, is the youngest professor recognized this year.

Eldest sons of Vietnamese billionaires

The eldest sons of Vietnam’s richest businessmen such as Do Quang Hien, Vo Quoc Thang, Dang Le Nguyen Vu have recently appeared in public, but the son of billionaire Pham Nhat Vuong is still a mystery figure.