Business

Prime Minister Nguyen Xuan Phuc has issued principle approval for the establishment of Vietravel Airlines operated by local tourism firm Vietravel Group.

Vietnam Airlines announced that it will adjust the frequency of its flights from Hanoi/Ho Chi Minh City to Da Nang after the central city requires a 14-day quarantine period for passengers from the two major cities.

The novel coronavirus SARS-CoV-2-caused acute respiratory disease (COVID -19) pandemic has cost many real estate firms trillions of VND from their market capitalisation value.

In the context of the COVID-19 pandemic, Binh Son Refining and Petrochemical Co., Ltd. (BSR) is considering suspending the operation of Dung Quat Oil Refinery due to overloaded stores until the market recovers.

Vietnam’s economic growth rate is expected to slow sharply in 2020, to 4.8%, says a new Asian Development Bank report released Friday.

Up to more than 200 airplanes have been left unused at Vietnamese airports as local airlines have had to restrict flights due to the worsening Covid-19 epidemic.

Hanoi's People's Committee is making plans to develop digital technology companies for 2021-25 and 2026-30.

The agricultural, forestry and fishery sector enjoyed nearly US$2.9 billion in trade surplus in the first quarter of 2020, up 48.9% over the same period last year.

While Viet Nam remains significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy stays resilient to external shocks in the first few months of 2020.

Up to 18,600 businesses were forced to suspend operations in the first quarter of 2020 due to the COVID-19 pandemic, up 26 percent year on year, reported the General Statistics Office (GSO).

The authorities in Da Lat City have started a forced removal of an illegally-built four-star resort project at Tuyen Lam Lake.

Finance ministers and central bankers of the Group of 20 major economies will hold a second round of virtual talks Tuesday to push ahead the coronavirus response, the Saudi hosts said.

Theconsumer price index (CPI) of Hanoi in the first quarter of 2020 increased by 5.23 percent against the same period last year, according to the municipal Statistics Office.

Vietnam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT).

Amid rising demand for virus prevention, more types of mobile disinfection chambers have been introduced in various public places in Vietnam.

Vietnam has imported 1,500 tonnes of pork from a Russian company.

Vietnamese confectionery businesses have upgraded production technologies to improve quality and efficiency, and developed new product lines to retain market share at home and also boost exports amid fierce competition.

GE’s Cypress platform wind turbines in the Mui Ne wind farm will be the largest rotor diameter for an onshore project in Asia and will be the first to transport blades in two pieces before assembly on site.

The Vietnam Association of Seafood Exporters and Producers reported that 35-50% of the orders from the EU and the US had been cancelled or postponed.