Business

Vietnamese airlines have resumed nearly full capacity on domestic routes and are ready for international routes once the virus outbreak is curbed.

Prime Minister Nguyen Xuan Phuc on May 30 requested the southern key economic region to strive to become a powerful and prosperous region by 2035, ten years ahead of the deadline for the same goal for the whole Vietnam.

Vietnamese agricultural, fishery and food businesses were updated on the Singaporean market at an online conference held by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in Singapore on May 29.

The HCM City Department of Health has issued guidelines for medical surveillance of foreign experts coming from abroad as part of COVID-19 prevention efforts.

Vietnam is expected to see a new foreign direct investment wave as more foreign companies plan to move investment into the country.

Vietnam will allow the import of live pigs for the first time in a bid to counter the skyrocketing live hog prices in the domestic market, said an agricultural official.

The consumer price index (CPI) in May decreased by 0.03 percent against the previous month and 1.24 percent against last December, but increased by 4.39 percent year-on-year, the General Statistics Office (GSO) reported on May 29.

Pork prices in Vietnam have kept on increasing, reaching the record high because of local supply shortages.

A coffee shop in District 1, HCM City, allows customers to exchange a book for an item on the menu.

The retail prices of oil and petrol in Vietnam have increased for a second consecutive time after the Covid-19 pandemic’s initial wave.

A conference took place in Hanoi on May 27 to collect recommendations on regulatory, policy and administrative procedure reforms to support post-coronavirus business recovery.

The HCM City Department of Transport has asked the Department of Finance to give an additional VND161bn (USD6.8m) to subsidise the public bus system in 2020.

Many key works in HCM City, including a VND10 trillion (USD434.78 million) anti-flooding project, are expected to be finished this year.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) found a place among the 1,000 largest companies in Forbes’ recent “The World’s Largest Public Companies 2020” report, released in its Global 2000 annual rankings.

Prime Minister Nguyen Xuan Phuc chaired a meeting of permanent Government members in Hanoi on May 26 to discuss the development of key economic zones.

The People’s Committee of the northern mountainous province of Ha Giang signed a strategic cooperation framework for the 2020 – 2025 period with the World Bank (WB) in Vietnam on May 25.

Singapore's economy, a bellwether for global trade, could shrink by as much as 7.0 percent this year, as the coronavirus pandemic throttles demand, the government said Tuesday.

The Civil Aviation Administration of Vietnam has received the request for air transport business licence from Vietravel Airlines to launch the first flight in 2021.

The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.