Business

Russian carrier S7 Airlines is seeking approval from Russian and Vietnamese aviation authorities to launch an air route from Saint Petersburg City to Cam Ranh International Airport in the southern central province of Khanh Hoa.

Vietnam’s gross domestic product expanded by 1.42 percent in the first nine months of 2021 from the same period last year, marking a great success of the country in the fight against the COVID-19 pandemic and maintaining production and

The Ho Chi Minh City People’s Committee has made several suggestions for the Ministry of Finance’s decree to support businesses and individuals affected by the COVID-19 pandemic.

The Ministry of Planning and Investment (MPI) has coordinated with relevant ministries, sectors, agencies and localities to build a draft resolution on supporting and developing businesses in the 2021-2025 period, with a target of about 710,000 newly-established enterprises in

Foreign investment inflows into Vietnam during the first nine months of this year rose 4.4 per cent year-on-ear to US$22.15 billion despite the impact of COVID-19, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam will consider mutual recognition of a vaccine passport with other countries in Southeast Asia, the European Union, as well as with the United States, China the Republic of Korea and others.

Vietnam exported 23,510 tonnes of rubber worth USD41.87 million to the US in the first 7 months of 2021, up 61 percent in volume and 92.3 percent in value year-on-year.

Domestic retail petrol prices rose by more than VND500 per litre on average as of 3pm on September 25 following the latest price adjustments made by both the Ministry of Industry and Trade and the Ministry of Finance.

In October, the Ministry of Planning and Investment (MPI) will submit to the Government an economic recovery plan, which defines the years of 2022 to 2023 as the time for the country’s recovery, according to MPI Minister Nguyen Chi Dung.

Bamboo Airways’ first flight on its direct route between Vietnam and the US landed in San Francisco, the US, on September 23 (local time) after 13 hours and 36 minutes of nonstop flight.

The authorities in Cat Hai District, Hai Phong City have started to relocate over 400 fish farms in Cat Ba Islands to protect the environment.

President Nguyen Xuan Phuc received representatives of the US-ASEAN Business Council, the American Chamber of Commerce, the US Chamber of Commerce, and several US companies and multinational groups in New York.

The PetroVietnam Gas Joint Stock Corporation (PV GAS) and US-based AES Corporation signed a joint venture agreement on the establishment and operation of Son My LNG port warehouse limited company in New York on September 22 (local time).

The T&T Group on September 21 signed several MoUs and contracts with US partners within the framework of President Nguyen Xuan Phuc’s working trip to the US.

Vietnam’s economic growth is expected to slow down due to a resurgence of the Covid-19 pandemic that has tightened the labor market, lowered industrial output, and disrupted agricultural value chains, according to a report released on Wednesday by the ADB.

President Nguyen Xuan Phuc witnessed the signing of a contract to provide aircraft and engine maintenance service worth US$260 million between new-generation airline Vietjet and CFM International, on September 21 (local time) in the framework of his on-going working

Vietnam may attract about 30 billion USD in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2 percent, economists forecast, pointing to positive signs in FDI attraction in the first eight months of 2021 despite the

National flag carrier Vietnam Airlines said it has completed all necessary documents to be approved by the United States Transportation Security Administration (TSA) to conduct regular direct flights to the US.

Electric cars are an irreversible trend in the auto industry and are expected to grow strongly. To take advantage of this, the Vietnam Automobile Manufacturing Association (VAMA) has outlined plans to develop the local electric car industry.