Business

Vingroup proposes two artificial islands for Can Gio sea link

Vingroup has proposed building two artificial islands as part of the planned sea-crossing route linking Can Gio and Vung Tau, aiming to improve the project’s technical efficiency and durability.

ACV reveals an aviation surcharge has risen twentyfold

Domestic airfares in Vietnam have risen by an average of 15 to 20 per cent as Middle East conflict disrupts Jet A1 fuel supplies, according to Airports Corporation of Vietnam.

Vietnamese consumers spend approximately USD 63.50 million online daily

Vietnamese consumers spent VND 1.65 trillion (approximately USD 63.50 million) a day on four major e-commerce platforms in the first quarter, according to new market data.

Two firms seek permits to explore gold deposits in Danang, Dak Lak

Two companies have asked the Ministry of Agriculture and Environment for licences to explore gold deposits in the central city of Danang and the Central Highlands province of Dak Lak.

Rubber exports diversify as reliance on China declines

Vietnam’s rubber exports are shifting away from heavy dependence on China, with strong growth recorded in Indonesia, India and other key markets.

Danang property market heats up on finance hub boost

Danang’s property market continued to record price growth across several segments in the first quarter, driven by expectations surrounding Vietnam’s new international financial centre.

Nearly 83 ha of Mang Den forest to be converted for urban project

Nearly 83 hectares of a forest in Mang Den Commune, Quang Ngai Province, will be converted to develop a 264-hectare urban project.

New Hanoi flats average VND 128 million per square metre

New apartment prices in Hanoi reached an average of VND 128 million per square metre in the first quarter, while overall property transactions declined from the previous quarter.

Vietcombank and Pho Hien Industrial Development Group sign partnership deal

Vietcombank and Pho Hien Industrial Development Group have signed a cooperation deal with a credit package of nearly VND 2.8 trillion to support industrial projects in Hung Yen Province.

Vietnam firm seeks licence to explore tungsten in Thai Nguyen

A mining company has proposed exploring a 984 hectare site in Thai Nguyen Province for tungsten and polymetallic ore, as global demand for strategic minerals continues to rise.

Danang studies USD 10.4bn urban rail linking two airports

Danang is studying its first urban railway, a 103km line linking two international airports, with operations targeted for 2032.

Vingroup shares surge, Pham Nhat Vuong ranks 67th globally

Vingroup shares hit a record high on April 22, lifting Pham Nhat Vuong’s net worth to USD 34 billion and placing him 67th among the world’s richest individuals.

Vietnam Airlines to boost Hanoi-Moscow flights

Vietnam Airlines will increase flights on its Hanoi-Moscow route from July 1 to meet rising travel demand.

Rising costs push Mekong Delta shrimp farmers to brink

Surging feed prices and falling shrimp prices are pushing thousands of farmers in the Mekong Delta towards heavy losses, raising fears many may abandon their ponds.

Long Thanh airport short nearly 6,000 workers

Labour shortages and payment issues are threatening delays to Vietnam’s largest airport project, with nearly 6,000 workers still needed to meet the planned completion by year end.

Fuel prices fall sharply in Vietnam from April 21

Retail fuel prices in Vietnam dropped significantly on April 21, with petrol and diesel both seeing notable cuts following a joint decision by authorities.

Vietnam needs 50 tonnes of gold yearly for jewellery

Vietnam requires about 50 tonnes of gold annually as raw material for jewellery production, equivalent to around USD 5 billion a year, industry representatives have said.

Remittances to Ho Chi Minh City fall 17 per cent

Remittances to Ho Chi Minh City fell 17 per cent in the first quarter, as global economic pressures and geopolitical tensions weighed on overseas incomes.

Ho Chi Minh City targets major industrial park investments

Ho Chi Minh City is seeking investors for dozens of industrial park projects, including developments spanning up to 1,200 hectares, as part of its 2026 to 2030 strategy.