Twenty-five percent of the Vietnam Airlines Group’s passengers this year flew on the Hà Nội-HCM City route. — VNA/VNS Photo Huy Hùng HÀ NỘI — National flag carrier Vietnam Airlines has introduced new services on the Hà Nội-HCM City route to improve its domestic market share after the disruption of international flights due to COVID-19. According to […]
Fruits being showcased at a VinMart supermarket in Hà Nội. — VNA Photo HÀ NỘI — Việt Nam’s total revenue from retail trade and services reached over VNĐ5 quadrillion (US$219.5 billion) in 2020, representing a modest yearly rise of 2.6 per cent, according to the General Statistics Office (GSO). This year’s retail sales growth was […]
HCM City will focus on developing industrial infrastructure and industrial parks to enable a switch to services. – Photo sggp.org.vn HCM CITY – HCM City’s infrastructure development is focused on transforming the economy and making it services-based. The city Department of Planning and Construction has submitted to the People’s Committee the 2020 – 2045 […]
Many stores in downtown HCM City have closed. VNA/VNS Photo HÀ NỘI — Business closures hit a record high this year of 101,700, 13.9 per cent higher than last year, according to the General Statistics Office. Of them, 46,600 have suspended operations temporarily. Nearly 17,500 completed dissolution procedures, up 3.7 per cent, while nearly 37,700 registered to […]
HCM CITY — Despite many challenges caused by COVID-19, the Ford Ranger model continues to be one among the best-selling pickups in the country with over 13,000 units sold in 2020. In the recent report, Ford Vietnam announced that it was preparing for a better start to the “New Normal” period from 2021. The company has launched a new campaign […]
Reduction in retail revenue due to the COVID-19 pandemic has made many changes in the domestic retail property in 2020.— Photo congthuong.vn HÀ NỘI — The COVID-19 pandemic caused retail revenue to drop sharply in 2020, impacting the domestic retail property market, according to Savills Việt Nam. However, the market anticipates a revival of […]
A corner of Phú Quôc Island. The real estate market of Phú Quốc in the Cửu Long (Mekong) River Delta of Kiên Giang was forecast to be robust as the island district has just been given the green light to be upgraded to the country’s first island city in March this year. — Photo danviet.vn HÀ NỘI […]
Inside a Vinmart supermarket in Hà Nội. — Photo courtesy of Vinmart HÀ NỘI — The year 2020 marked a rough year for the global finance and equity markets as the COVID-19 pandemic scaled down the global economy and discouraged investors to execute their M&A deals as planned. The Vietnamese equity and finance market […]
A State budget collection point in Hà Nội. —VNA/VNS Photo HÀ NỘI — More than VNĐ1.48 quadrillion (US$64.2 billion) was collected for the State budget in 2020, equivalent to 98 per cent of the target, according to the Ministry of Finance. At a teleconference reviewing 2020 State budget collection and spending on Thursday, Minister of Finance Đinh Tiến Dũng said […]
A production line in Trung Nguyên Instant Coffee Corp’s factory in Bắc Giang Province. Coffee is among the 10 key export products of Việt Nam. — VNA/VNS Photo Danh Lam HÀ NỘI — Việt Nam is working to develop high-quality Vietnamese coffee as a national product to expand its added value for exports. Coffee exports brought […]
The inauguration of Co.opmart Tháp Mười in Đồng Tháp Province on December 31. — Photo courtesy of Saigon Co.op HCM CITY — Saigon Co.op opened a Co.opmart supermarket on Hùng Vương Street in Đồng Tháp Province’s Tháp Mười District on Thursday, its fourth in the province and 128th in the country. Co.opmart Tháp Mười has […]
Hà Nội welcomes the first visitors to the city on the first day of 2021 at the Temple of Literature. — VNA/VNS Photo Đinh Thuận HÀ NỘI — Hà Nội aims to receive from 13 million to 19 million visitors this year, 1.5 to 2 times higher than 2020, said deputy director of the Hà Nội Department of Tourism […]
HÀ NỘI — Hà Nội has recorded better economic results than anywhere else in Việt Nam amid the COVID-19 pandemic, according to chairman of the Hà Nội People’s Committee Chu Ngọc Anh. “In 2020, the total State budget revenue in the city is estimated at VNĐ279.3 trillion (US$1.2 billion), reaching more than 100 per cent of the city’s […]
A statue of a bull and bear outside the HCM City Stock Exchange. 2020 was thought to be an unhappy year as COVID-19 was ravaging and a series of concerns arose for the global economy, but for investors, this has been a happy year. — Photo hsx.vn HÀ NỘI — Vietnamese shares settled higher on […]
An HDBank transaction office in HCM City. HDBank has completed all three pillars of Basel II. — Photo courtesy of the bank HCM CITY — The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) has applied the Internal Capital Adequacy Assessment Process (ICAAP), thus completing all three pillars of the […]
A woman in HCM City receive goods ordered on the Grab app. Food orders from traditional markets are now available on the Grab app. — VNS Photo Thu Ngân HCM CITY — Grab Vietnam is offering customers a service that provides orders for goods from traditional markets on its Grab app in HCM City, Hà Nội and Đà […]
Rolled steel being manufactured at the Japan-invested JFE Shoji Steel Hải Phòng Company in the northern port city of Hải Phòng. — VNA/VNS Photo Danh Lam HÀ NỘI — Foreign direct investment (FDI) registered in Việt Nam hit US$28.53 billion in 2020, a year-on-year decline of 25 per cent due to the significant impact of the COVID-19 pandemic, a report from […]
In the first 11 months of the year, Việt Nam imported $556 billion worth of cows and buffalos for meat slaughtering. – Photo: vietnambiz.vn HCM City – Việt Nam imported 70 per cent of its beef this year, with domestic beef accounting for only 30 per cent of the market. Tống Xuân Chinh, deputy head […]
Consumers should buy Tết confectionery products only from reputed sellers. VNA/VNS Photo HCM CITY – Confectionery companies are beefing up production and distribution to meet the demand for Tết (Lunar New Year), which falls on February 12 next year, though sales are expected to be somewhat lower this year because of the Covid-19 pandemic. […]
Visitors at the Consumption Promotion Fair being held at the Phú Thọ Indoor Stadium in HCM City’s District 11 until January 3. — VNS Photo HCM CITY — Around 230 businesses are displaying a wide range of products at the 2020 Consumption Promotion Fair which opened in HCM City on Tuesday (December 29). The fair […]
