Business

The World Bank Group on Tuesday approved a $246-million aid package to help 786,000 vulnerable Lebanese reeling under the country's worst economic crisis in decades and the coronavirus pandemic.

Bamboo Airways has just opened two new routes connecting the Mekong Delta city of Can Tho with two popular tourist destinations, Con Dao and Phu Quoc islands.

The National Assembly Standing Committee (NASC) yesterday agreed to change two Eastern North-South Expressway sub-projects from public-private partnership to solely public.

The retail prices of oil and petrol in Vietnam have increased for a fourth time since November last year.

The runway 25R/07L of Ho Chi Minh City’s Tan Son Nhat International Airport and the runway 1B of Hanoi’s Noi Bai International Airport were put into use again after upgrading on January 10 afternoon.

Construction of the expanded Hoa Binh hydropower plant began in the northern mountainous province of Hoa Binh on January 10, with Prime Minister Nguyen Xuan Phuc attending the ground-breaking ceremony.

Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.

After leaving his hometown in the northern mountainous province of Tuyên Quang, Lâm Ngọc Nhâm settled in Bà Rịa - Vũng Tàu Province and established Bầu Mây Tourism Agriculture Trade Co-operative, a pepper farm that has enriched his family.

US Department of Commerce has recently announced affirmative preliminary determinations in anti-dumping investigations of passenger vehicle and light truck tires from South Korea, Taiwan, Thailand, and Vietnam.

Some 2,100 new businesses were established in the first week of 2021, a 46 percent increase year-on-year, according to an official from the Ministry of Planning and Investment.

Russia moved to ramp up pepper imports from major markets, including Vietnam, during the past 10 months of last year, with imports from the country reaching 6,100 tonnes worth US$15.54 million.

The PM has agreed to set the deadline for the Cat Linh-Ha Dong Metro Line Project to March 31, the Metropolitan Railway Management Board under the Ministry of Transport announced.

The Vietnam Travel Aviation Co. Ltd (Vietravel Airlines) officially launched its first charter flight with a route from Hanoi to Phu Quoc on January 7.

Hanoi’s Cat Linh-Ha Dong urban railway project is scheduled to complete on March 31, said Nguyen Khanh Tung, Vice Director of the project’s Management Board.

Vietnam has been able to maintain a stable import-export activities and economic development rate in 2020, according to Minister of Industry and Trade Tran Tuan Anh.

Vietnam is likely to meet its target of reining in inflation at a rate of below 4% in 2021, although experts warn that unfavourable factors could impact market fluctuations.

The nation is poised to become a deep seafood processing centre and join the group made up of the three leading seafood producing and exporting countries in the world.

More than 32 million people in Vietnam were badly affected because of the Covid-19 pandemic in 2020.

Vietnam has imported rice from India for the first time according to the Ministry of Agriculture and Rural Development.