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Update news vietnam economy
The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport reject attempts to raise international passenger service charges at Cam Ranh International Airport.
With three new air routes to be put into operation from May 10, Bamboo Airways now offers 20 air routes and expects to increase the number to 40 this year.
Some airlines in Southeast Asia are looking to fly to secondary airports in Vietnam, which are considered a potential niche market in the country.
2018 was another milestone year of growth for Vietnam, with GDP growth reaching a ten-year high of 7.08 per cent, while FDI disbursement hit an all-time high of over $19 billion. Exports also grew 13 per cent.
National flag carrier Vietnam Airlines (VNA) wants to adopt policies to raise the salaries of its pilots and other high-level staff to stop the ongoing brain drain, said Duong Tri Thanh, general director of VNA.
Vietnam’s Prime Minister Nguyen Xuan Phuc has signed a directive to fight against usury which has caused serious social unrest over the past years.
Bags created from recycled Vietnamese packages of animal feed have become a popular item among young Japanese consumers.
The foreign-invested sector continues to play a pivotal role in foreign trade but boosting added value remains an issue.
The African swine fever was named as one of the factors behind the slow rise of the CPI so far in 2019, despite the government’s flexible monetary policy and an increase in gas and electricity costs.
In 2018, the total amount coal imported by Vietnam was 22.86 million, of which around 50% came from Indonesia with an amount of 11.16 million tons, said Indonesian Ambassador to Vietnam Ibnu Hadi at a business forum last week.
Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).
YCP Solidiance's "Top E-commerce Cities in Asia" white paper sheds light on the significance of the e-commerce landscape in Asia.
Shopee and Tiki maintained their positions as the two leading sites in terms of traffic in Viet Nam’s e-commerce sector in the first quarter of this year.
Government inspectors will investigate the latest power price increase by 8.36 percent to 1,864 VND (8.03 US cents) per kWh from March 20 following concerns among the public.
Low-income earners have been the most hard-hit by the recent energy price hikes.
In the development of the Vietnamese economy, more women are running businesses across the country.
As the domestic capital market is underdeveloped, Vietnamese banks are in dire need of foreign capital to meet Basel II standards by 2020 as required by the central bank.
Vietnam is emerging as a preferred destination for companies looking to resettle production because of tariff concerns emerged from the US – China trade friction.
Truong Hai Automobile Corporation (Thaco) in co-operation with French car manufacturer Peugeot Group inaugurated a new manufacturing plant and rolled out two made-in-Viet Nam models in Quang Nam on Sunday.