Business

The central city of Danang has offered very attractive promotional programmes to entice domestic tourists while international flights remain suspended due to Covid-19.

The tourist town of Sapa in the northern mountainous province of Lao Cai will launch an appealing promotional tourism programme to lure visitors as the country has fundamentally controlled the Covid-19 pandemic.

National flag carrier Vietnam Airlines on May 16 partnered with the Vietnam Tourism Association (VITA) to launch a programme to boost domestic travel demand until the end of 2020.

While the COVID-19 epidemic has basically been controlled in Vietnam and business activities have resumed, the retail space market in Hanoi is gloomy with rentals down from 20-30 percent.

Many resorts in Binh Thuan Province have offered discounts in order to boost businesses after social distancing.

Vietnam will temporarily halt the consideration of new airlines until the aviation market has recovered from the COVID-19 pandemic, according to Minister of Transport Nguyen Van The.

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.