Business

Australian carrier Qantas reported on Thursday a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights would not resume until October as the pandemic continued to devastate the industry.

Many firms in Binh Duong Province are facing difficulties in finding workers after the Tet Holiday.

Prime Minister Nguyen Xuan Phuc recently gave in-principle approval to the Quang Trach 2 thermal power plant project, the Quang Binh provincial People’s Committee said.

Hundreds of tourist boats are lying idle in Ha Long Bay due to the lack of customers amid Covid-19 pandemic.

January started on a positive note, with city hotels seeing increased MICE and event bookings, while in some resorts corporate bookings started to return, according to Savills Vietnam.

The Ministry of Construction believes the domestic real estate market has overcome the most difficult period due to positive developments in the market as well as the whole economy in the fourth quarter of 2020.

Vietnam's seafood exports have benefited greatly from the Europe - Vietnam Free Trade Agreement (EVFTA), especially that of tuna.

Vigorous legal changes regarding real estate investment and construction are set to beef up the realty market in the Year of the Buffalo.

Fishermen in Nhan Trach Commune, Quang Binh Province have enjoyed bountiful catches after Tet.

Vietnam is among top three nations leading the shift to renewable energy in Asia Pacific, according to the latest research from IHS Markit.

Many workers at a company in Binh Duong Province had been shocked when returning to work after Tet Holiday to find the company was closed.

The number of flight passengers decreased by 64.8% during the seven-day Tet Holiday compared to the previous Tet Holiday.

Vietnam posted an estimated trade surplus of 1.3 billion USD in January, according to a report recently announced by the Ministry of Industry and Trade.

Of the six ASEAN nations, only Vietnam posted an increase in exports for 2020, up 7 percent to 282.66 billion USD, according to The Straits Times.

Japan's economy grew at a slower 3.0% in the October-December quarter, government data showed Monday, as the coronavirus pandemic weighed on the world's third-largest economy.

Apart from challenges, many opportunities will be offered to the Vietnamese economy in 2021, experts have said.

Vietnam’s digital economy is expected to reach 43 billion USD by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company.

The agriculture sector’s export target of 44 billion USD this year, set by Prime Minister Nguyen Xuan Phuc, is a high but feasible goal, Minister of Agriculture and Rural Development Nguyen Xuan Cuong has said.

The Ministry of Trade and Industry has decided to levy a temporary anti-dumping tax of 33.88% on sugar imported from Thailand.