Business

Equities fell in Asia and the dollar maintained its strength Thursday ahead of the release of crucial US inflation data that could determine the pace of Federal Reserve interest rate hikes.

Thai Vietjet Air officially launched direct services between Phu Quoc resort island of Vietnam and Thailand’s capital city Bangkok on October 12, hoping to give a push to tourism recovery post-pandemic.

Vietnam will work alongside the international community to build a world of peace, where all people, states and nations may benefit from the fruits of development and social progress, and where no one is left behind, Foreign Minister Bui

The Vietnam Blockchain Summit 2022 will be held from October 19 to October 20 in Hanoi.

Sixty entrepreneurs were honoured as outstanding Vietnamese entrepreneurs at a ceremony held on Wednesday morning in Hanoi.

Vietnamese GDP growth is projected to surge by 7% this year, thereby taking the lead among the group of five emerging markets in Southeast Asia (ASEAN-5), according to the International Monetary Fund (IMF)'s World Economic Outlook Report for October.

Despite low liquidity, the prices of apartments in Hanoi have sharply increased due to the shortage of supply.

The Ministry of Natural Resources and Environment has proposed a temporary halt on appraisal and approval for the surveying of offshore wind power projects due to a number of legal and technical problems.

Lightning struck a Vietnam Airlines plane parked at Tan Son Nhat International Airport in Ho Chi Minh City on the evening of October 10, blasting a hole in its fuselage.

Chipmakers plunged in Asian trade Tuesday over new US measures to limit China's access to high-end semiconductors with military uses, a move that wiped billions from companies' valuations worldwide.

The management level of large enterprises in Vietnam is still very low, compared with countries such as Singapore, Philippines, Malaysia, Indonesia, Thailand, according to VCCI.

Most markets fluctuated in Asian trade Tuesday as traders grow increasingly fearful that more big interest rate hikes will tip economies into deep recessions, with the mood also darkened by the worsening Ukraine war and worries over China's outlook.

More trains linking Hanoi and the northern mountainous province of Lao Cai will be provided to meet the increasing travel demand to Sapa.

The banking sector was expecting amendments to the Law on Electronic Transactions would help remove bottlenecks and speed up the sector’s digital transformation progress.

Asian markets sank Monday as forecast-beating US jobs data fanned expectations for another big Federal Reserve interest rate hike, while traders are now focusing on an upcoming inflation report.

Vietnamese businesses are expected to face headwinds from inflation, tightening monetary policy and a growing cost-of-living crisis in many of the country’s export markets, experts have warned.

The Vietnamese electric vehicle market promises to be more exciting after many years of consumers saying no to hybrid and e-cars, industry insiders said.

Several Vietnamese farm products are seizing upon opportunities to penetrate and gain a firm foothold in foreign markets, including demanding ones such as Japan, the EU, and the United States.

Toyota Vietnam has announced it will recall the Lexus NX350 series imported and distributed in Vietnam due to possible parking brake failure.