Business

The Ministry of Agriculture and Rural Development has sent directions to localities about the labelling of home-grown peach trees in an attempt to avoid exploiting wild trees in Son La Province.

The Vietnam Travel Aviation Company Limited (Vietravel Airlines), Vietnam’s sixth carrier, will open ticket sales for commercial flights starting from January 19.

Foxconn Singapore PTE Ltd will build a 270-million USD plant to produce laptops and tablets at Quang Chau industrial park in the northern province of Bac Giang.

The Vietnam Dairy Products Joint Stock Company has exported 10 containers of seed milk to China early this year and is expected to ship five more containers of sweetened condensed milk products to China in the near future.

Quang Binh People's Committee signed a memorandum and investment decision to 35 projects with a total investment cost of VND92trn (USD3.9bn) at its investment promotion conference for this year.

The Vietnam Railways Corporation may lose all of its VND3.2trn (USD138m) equity if Covid-19 pandemic continues in 2021 and 2022.

The local coffee industry has been urged to develop its value chain, strengthen connectivity between production and trade, whilst developing export markets and building brands to achieve the export target of US$6 billion by 2030.

Vietnam’s agricultural and aquatic products are expected to see a big jump in exports to the United Kingdom on the back of the newly-enforced UK-Vietnam Free Trade Agreement.

Trung An High-Tech Agriculture Joint Stock Company will export 1,600 tonnes of high-value fragrant rice to Singapore and Malaysia, the Ministry of Agriculture and Rural Development announced.

Plastic producers are complaining about the sharp rise in container hire charges which are affecting their export activities.

In the first 10 days of the new year 2021, the southern province of Dong Nai attracted more than US$226 million in foreign direct investment (FDI), mostly from the Republic of Korea (RoK) and Japan.

The World Bank Group on Tuesday approved a $246-million aid package to help 786,000 vulnerable Lebanese reeling under the country's worst economic crisis in decades and the coronavirus pandemic.

Bamboo Airways has just opened two new routes connecting the Mekong Delta city of Can Tho with two popular tourist destinations, Con Dao and Phu Quoc islands.

The National Assembly Standing Committee (NASC) yesterday agreed to change two Eastern North-South Expressway sub-projects from public-private partnership to solely public.

The retail prices of oil and petrol in Vietnam have increased for a fourth time since November last year.

The runway 25R/07L of Ho Chi Minh City’s Tan Son Nhat International Airport and the runway 1B of Hanoi’s Noi Bai International Airport were put into use again after upgrading on January 10 afternoon.

Construction of the expanded Hoa Binh hydropower plant began in the northern mountainous province of Hoa Binh on January 10, with Prime Minister Nguyen Xuan Phuc attending the ground-breaking ceremony.

Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.

After leaving his hometown in the northern mountainous province of Tuyên Quang, Lâm Ngọc Nhâm settled in Bà Rịa - Vũng Tàu Province and established Bầu Mây Tourism Agriculture Trade Co-operative, a pepper farm that has enriched his family.