Business

US crude prices bounced back into positive territory Tuesday, a day after crashing below $0.00 for the first time owing to crippled demand and a storage glut, while the commodity rout sent Asian equities sharply lower.

Air ticket prices have increased recently as the fight against Covid-19 has shown positive signs and demand is still higher than supply.

Though the COVID-19 pandemic has cast a shadow over the global economy, the HCM City office space market has not been badly affected this year, according to property consultancy companies.

Land prices in Vung Tau City have surged as soon as it was announced that Go Gang Airport will be built on a 250 ha of land in Long Son District.

Foreign-invested enterprises (FDI) in Vietnam have been maintaining production despite difficulties caused by the COVID-19 outbreak while preparing plans to recover after the pandemic ends.

Despite the serious impacts of the ongoing global health crisis, Ho Chi Minh City’s real estate market has seen outstanding breakthroughs for a range of projects resumed after long delays.

National flag carrier Vietnam Airlines wants to buy 50 additional airplanes despite numerous difficulties caused by the Covid-19 pandemic.

Vietnamese Ambassador to the US Ha Kim Ngoc has called on US firms to continue to accompany the Vietnamese Government and people in the fight against COVID-19 and bolster socioeconomic development.

Quang An Flower Market remains empty as small traders and 300 shops close during the social distancing period and many have moved their businesses online.

The People's Committee of Lạng Sơn Province has sent to the Prime Minister a proposal that Tân Thanh Border gate temporarily stop receiving trucks transporting exported goods to China for 15 days from April 16.

The US Agency for International Development and Vietnam’s Ministry of Planning and Investment virtually signed a US$42 million agreement on April 15 to help Vietnam improve its economic competitiveness.

Vietnamese Ambassador to the US Ha Kim Ngoc had an online meeting with Chairman of the Business Council for International Understanding Peter Tichansky to discuss bilaterial cooperation and investment opportunities.

The Asian Development Bank has tripled the size of its response to the COVID-19 pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance.

Petroleum prices in Vietnam were cut from Monday to the lowest level over the past 11 years.

The government have agreed on cutting power bills for businesses and households over the next three months.

Bamboo Airways will resume domestic flights from April 16 when the Prime Minister’s social distance order is scheduled to be lifted.

Ba Ria-Vung Tau Province is preparing to relocate and replace Vung Tau Airport to Go Gang Island.

Low-cost carrier Vietjet has launched its POWER PASS accounts that will allow passengers to fly on unlimited routes with Vietjet on 45 routes covering Vietnam.

South Asia is on course for its worst economic performance in 40 years, with decades of progress in the battle against poverty at risk, because of coronavirus, the World Bank said Sunday.