Business

HCM City has planned to build another metro line project valued at VND39 trillion (USD1.66 billion) in the first phase.

With the coronavirus essentially contained in Vietnam, Prime Minister Nguyen Xuan Phuc has underlined the restoration of business activities as the top priority in reviving the economy. In this context, the aviation industry acts a launchpad for other sectors

Binh Dinh Province Department of Construction has launched an investigation into various violations at some seaside tourism projects in Quy Nhon City.

Authorities in HCM City have requested to re-export nearly 1,100 containers of waste at Cat Lai Port which failed to meet Vietnam’s import requirements.

Petrol prices in Vietnam have increased since Wednesday afternoon after falling to a record low in the last eight consecutive cuts.

People in the northern province of Quang Ninh’s Uong Bi City are busy harvesting early litchi.

Many people queued to buy petrol in Hanoi on Tuesday evening as the prices are forecasted to increase on May 13.

National flag carrier Vietnam Airlines said on May 12 that it will launch five more domestic routes this month with tickets priced from 99,000 VND (4.3 USD) for one-way trips, exclusive of fees and taxes.

Hundreds of workers at a South Korean invested company in Ho Chi Minh City have been left bewildered after a shock suspension.

The State Bank of Viet Nam has decided to lower annual interest rates by 0.5%, applicable since May 13.

Many travel firms, hotels and airlines are offering a wide range of promotional programmes to lure domestic tourists following the suspension of many flights due to the Covid-19 pandemic.

Durian prices in the Mekong Delta region have considerably dropped which is partially due to export difficulties caused by Covid-19.

Mobile transactions in Vietnam are forecast to increase by 400 percent by 2025 in the Fintech and Digital Banking 2025 - Asia Pacific Report released by Backbase on May 11.

The central province of Thua Thien Hue has set a target of luring 20 domestic and foreign-invested projects with a total investment capital of about 10 trillion VND (429.2 million USD) by the end of this year.

JSC RZD Logistics, a subsidiary of Russian Railways, said it will organise trains from Russia to Vietnam’s Yen Vien station through China.

The feasibility study for Tan Son Nhat International Airport’s runway upgrade has been submitted to the Ministry of Transport for consideration.

The People's Committee of Quảng Trị has approved in principle for Đông Nam ICD JSC to develop a logistics centre, expected to cost more than VNĐ2 trillion (US$86 million), in Hải Quế Commune’s East South Quảng Trị Economic Zone.

The central province of Thua Thien-Hue has reduced entrance fees to local tourist sites by 50% to lure more visitors.

The southern province of Ba Ria-Vung Tau has for many years been an ideal destination for foreign investors thanks to its natural advantages and comprehensively developed infrastructure in addition to attractive incentives.