Business

Vietnamese iron and steel exports during the opening 11 months of the year enjoyed impressive growth with an export value exceeding US$10 billion, according to figures given by the Vietnam Steel Association (VSA).

Air tickets for the coming Tet Lunar New Year have witnessed slow sales as the Covid-19 pandemic remains complicated in Vietnam.

Foreign-invested enterprises have shown optimism about the recovery of Vietnam’s economic and investment climate during a conference on supporting foreign investors to adapt to new normal business situation that took place in Ho Chi Minh City.

Bamboo Airways has announced plans to open a direct air route to Australia early next year.

About VND527.1 trillion (over US$22.9 billion) in foreign official development assistance (ODA) and concessional loans will be allocated during the 2011 - 2025 period.

National Assembly Chairman Vuong Dinh Hue who in New Dehli for an official visit to India received leaders of HCL Technologies, Bharat Biotech and Hinduja that are among India’s leading business groups, on December 16.

The UK is currently one of Vietnam's leading trading partners in Europe, while the Southeast Asian nation is the UK's top trading partner in ASEAN, ranking 26th among the European nation's export partners in the world.

Vu Phong Energy Group and Steag Energy Services GmbH of Germany signed a memorandum of understanding (MoU) in Hanoi on December 15 to jointly provide consulting services for the implementation of wind power projects nationwide.

National flag carrier Vietnam Airlines and Air Lease Corporation (ALC) of the United States have reached an aircraft restructuring agreement related to the lease of 18 aircraft, including 12 Airbus A321Neo and 6 Boeing B787-10 under their current contract.

The policy of living safely alongside the COVID-19 pandemic, coupled with rapid vaccination and fiscal policy support, are expected to help the domestic economy to recover, according to the latest Vietnam Macro Monitoring report released by the World Bank.

National flag carrier Vietnam Airlines may incur an estimated loss of over VND 12.90 trillion (USD562 million) in 2021 and will plan to sell 12 planes between 2022-2023 to help finance its operations.

Around 4,000 container trucks carrying Vietnamese farm produce for export to China have been stranded at the northern province of Lang Son's border gates.

The Vietnam Association of Seafood Exporters and Producers has sent a petition to the Prime Minister proposing the amendment of regulations on quarantine for aquatic products used for food.

Construction of VinES battery manufacturing factory costing 4 trillion VND (nearly 173.7 million USD) began on December 12 in central Ha Tinh province's Vung Ang Economic Zone with the presence of President Nguyen Xuan Phuc.

Vietnamese shrimp exports are anticipated to enjoy an annual rise of 4% to reach roughly US$3.9 billion for this year, according to statistics given by the Vietnam Association of Seafood Exporters and Producers.

Vietnamese farmers are facing difficulties selling over one million tonnes of fruits after China, which is the country's biggest agricultural products importer, is tightening its import activities.

Retail petrol prices have decreased by VND730-1,100 per litre following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

A seminar was held on December 10 in virtual and in-person forms for heads of Vietnamese representatives abroad and businesses, aiming to seek measures to promote the economic diplomacy to serve the country’s development.

The Ministry of Transport has proposed two stages for the upcoming resumption of regular international commercial flights starting January 1.