Business

Vietnam’s first privately-owned airport went into operation with the first commercial flight at Van Don Airport in Quang Ninh Province on December 30.

Vietnam's exports of footwear, suitcases and bags are expected to rake in US$21.5 billion during 2019, representing a 10% on-year rise, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).

Deputy Prime Minister Vuong Dinh Hue was quoted by the Vietnam News Agency as announcing a draft resolution from the government on key tasks and solutions to achieve socio-economic development goals and State budget estimates for 2019.

Vietnamese airports have been forecasted to receive 112 million passengers 2019, up 8.2% on-year.

Vietnam’s total outbound investment in 2018 was estimated at US$432 million, according to the General Statistics Office.

Japan took the lead among 112 countries and territories invested in Vietnam in 2018, with 8.59 billion USD, making up 24 percent of the nation’s total FDI.

The HCM City court on Friday ordered ride-hailing firm Grab to pay VNĐ4.8 billion (US$210,300) worth of compensation to local taxi firm Vinasun.

The Government plans to drastically boost the improvement of the business environment, targeting to put Vietnam's business environment and competitiveness into the ASEAN top 4.

Passengers who take flights to newly-opened Van Don International Airport in the northern province of Quang Ninh will be offered free tickets to local tourist sites, including Ha Long Bay, from December 30.

As many as 27% of asked employees said they would switch jobs if they were not satisfied with Tet bonuses, according to the report on welfare and bonus payment on 2019 Tet in Vietnam conducted by Vietnam Works.

Vietnam’s Gross Domestic Product (GDP) grew by 7.08 percent in 2018, the highest in the past 11 years, the General Statistics Office (GSO) announced on December 27.

Vietnamese companies kicked off 149 new projects overseas in 2018, with total capital of $376.1 million, according to the latest report from the Ministry of Planning and Investment.

Foreign investors poured their investment in 18 sectors in Vietnam with the largest investment in manufacturing industry, accounting for 46.7% of the total registered capital.

The Hanoi Metro Line 3 project is struggling to be completed by the year-end.

Japanese budget carrier Peach Aviation will expand its mid-range flights to Southeast Asia and Vietnam, according to Asia Nikkei Review.

The export of tra fish from Vietnam to the US market has continued its upward trend throughout the year and is predicted to have reached US$2.3 billion during 2018, according to the Vietnam Association of Seafood Exporters and Producers.

National Assembly Chairwoman Nguyen Thi Kim Ngan has urged the Vietnam Young Entrepreneurs Association (VYEA) to gather and unite members to help them develop.

PM Nguyen Xuan Phuc on Sunday attended a ceremony to put Nghi Son oil refinery and petrochemical complex into commercial operations after more than five-year construction.

The past four years have seen a busy journey for the e-commerce market in Southeast Asia and Vietnamese e-commerce growth rate ranked second, just behind Indonesia, in the region, according to Google and Temasek.