Business

Vietnam is a "rising star" and will emerge as the third-largest startup ecosystem in Southeast Asia in2022, according to a report by venture capital firm Golden Gate.

The consumer price index for January increased by 0.19% month on month and by 1.94% year on year, fuelling core inflation for January to rise by 0.22%, according to the General Statistics Office.

Vietnam posted a trade deficit of 500 million USD in the first month of 2022, according to the General Statistics Office.

Many banks are facing overcrowding with customers having to wait long hours to be served on the final days of the lunar year.

The Nghi Son oil refinery and petrochemical plant (NSRP), the largest of its kind in Vietnam, is on the brink of closure due to financial difficulties.

Some Vietnamese airlines, travel companies and hotel businesses have proposed the Prime Minister announce the point of time for resuming international tourism in the country right in February.

European companies ended 2021 more positive and optimistic regarding the local trade and investment environment, according to the Business Climate Index (BCI) from the European Chamber of Commerce in Vietnam (EuroCham).

Along with having to register for service provision activities in Vietnam, e-commerce exchanges must establish representative offices or appoint their authorised representatives in the country.

The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the use of blockchain technology.

Many shopping malls in HCM City are crowded as the Lunar New Year nears.

The positive initial outcomes of the pilot border reopening to foreign visitors have shown the tourism sector’s adaptability, an important basis for the culture ministry to propose the complete resumption of international travel activities from May, an official has said.

The Republic of Korea's economy expanded at the fastest pace in 11 years in 2021 thanks to a jump in exports and construction activity, tempering declines in capital investment and a slow recovery in the coronavirus-hit service sectors.

A new phytosanitary measure for Vietnam’s cut flowers exported to Australia was unveiled during a ceremony held on January 24.

Bamboo Airways plans to launch a regular direct flight linking Hanoi and the German city of Frankfurt from February 25 to meet growing travel demand.

With a solid financial foundation, bright prospects in the medium and long term, stocks of renewable energy companies are attracting more and more investors.

Several local tourism businesses have launched numerous outbound tours starting from the Lunar New Year or Tet, due to low service prices being recorded at various foreign countries globally.

Vietnam’s seafood industry is projected to enjoy strong growth in the 2021-2030 period thanks to the increasing per capita seafood consumption in the world, according to a report published by the Organisation for Economic Cooperation and Development.

Vietnam is to focus on the development of 6G – the sixth generation standard currently under development for wireless communications technologies – in 2022.

The first flight on Vietravel Airlines’ new route linking Ho Chi Minh City to the south central province of Binh Dinh’s Quy Nhon city took off on January 21.