Business

Vietnam to spend over US$1 billion for upgrading three airports

The Civil Aviation Administration of Vietnam has recently submitted to the Ministry of Transport a plan to upgrade three international airports near Vietnam’s top tourist destinations from now to 2020 with a total cost of over VND23.3 trillion (US$1.03 billion).

Japan cosmetics maker sorry over 'No Chinese' sign

A major Japanese cosmetics maker has apologised after one of its retail shops posted a sign barring Chinese customers.

Fruit industry needs technology to reach potential

Though Vietnam’s fruit and vegetable industry is growing, its exports still account for less than 1 percent of the global market, indicating the need for the processing industry to upgrade its facilities and practices, experts said at a recent

Great expectations

Vietnamese SMEs share a common wish that the upcoming APEC meetings will provide a platform for them to better connect with similar enterprises in member economies.

Vietjet to open Da Lat - Bangkok route in mid-December

Budget carrier Vietjet will launch a new air route connecting Da Lat with Bangkok in mid-December, becoming the first airline to operate a direct service between Da Lat and Bangkok.

Hanoians queue in bone-chilling cold for Black Friday sales

Many people in Hanoi are flocking to shops and stores to hunt for big sales on Black Friday, despite the bone-chilling cold weather.

EU surpasses US to become the greatest seafood export market of Vietnam

Seafood exports to the EU market reached USD 1.215 billion in the first 10 months of this year, increased by 21.2% over the same period in 2016.

NA approves $5.27b for North-South road

The National Assembly deputies yesterday passed an investment plan for the construction of the eastern North-South Expressway at the 14th parliament’s fourth session.

Vietnam consumes 4.9 billion instant noodle packets a year

Vietnam’s instant noodle consumption showed signs of recovery last year with 4.92 billion packets sold, after seeing a decline in 2015, according to the World Instant Noodles Association.

Seminar promotes trade to Middle East, Africa

A seminar to promote trade and exports to the Middle East and Africa was held in Hanoi on November 22.

Hanoi farmers earn big during daisy season

Farmers in Nhat Tan Ward, Hanoi, are busy with harvesting their daisies, with the promise of lucrative returns.

Vietnam, RoK strive to raise trade volume to US$100 bln

Viet Nam and the Republic of Korea vowed to raise the two-way trade value to US$100 billion by 2020.

Hai Phong to develop 5,800 hectares of hi-tech farms by 2030

Hai Phong city has adopted a resolution to zone off nearly 5,800 hectares for hi-tech farms over the next 13 years.

Hilton expands in HCMC & Vung Tau

Hilton has announced a further expansion of its Vietnamese portfolio by signing two management agreements with two affiliates of the BRG Group for DoubleTree by Hilton Vung Tau in Vung Tau and Hilton Garden Inn Saigon in Ho Chi

Petrol price rises by VNĐ434 per litre

The domestic retail price of RON 92 petroleum increased by VNĐ434 to trade at a maximum of VNĐ18, 580 (81 US cents) per litre, as of 3pm on Monday.

Thousands face unemployment after Storm Damrey

About 5,000 employees in textile, aquaculture and bamboo and rattan sectors in the south-central coastal province of Khanh Hoa have lost jobs after their workplaces struck by Storm Damrey.

Ba Ria-Vung Tau plans $4 billion FDI attraction for 2017-2020

The Ba Ria-Vung Tau Province targets to attract US$4 billion worth of foreign direct investment in 80 projects for 2017-2020.

Binh Phuoc approves Indian-invested solar power project

The southern province of Binh Phuoc announced on November 17 that it has approved an investment plan for a 54 million USD solar power plant project funded by Indian Tata Power Company.

No foundation to prove $3 billion flow from Vietnam to US for house purchase

There was no foundation to say that Vietnamese people transferred US$3 billion from Vietnam to the United States for house purchase, Le Minh Hung, Governor of the State Bank of Vietnam, said.