Sleeper bus tickets sold out ahead of Tet
HCMC – Sleeper bus tickets on the routes from HCMC to central provinces have been sold out as the travel demand surges in the run up to the Lunar New Year (Tet) holiday. Many transport businesses reported that their sleeper buses had been fully occupied for trips from January 17 to 19 (or from the
UNDP pledges to support Vietnam in green energy transition
HCMC – The United Nations Development Program (UNDP) is ready to support the Vietnamese Government in formulating and implementing the Just Energy Transition Partnership (JETP) resource mobilization plan in 2023. UNDP Resident Representative in Vietnam Ramla Al Khalidi told the Vietnam News Agency
Vietnamese air carriers to resume flights to China
HCMC – The Civil Aviation Authority of Vietnam (CAAV) is working with the Chinese authorities over the easing of China’s restrictions on slots for the 2023 summer flight schedules. China lifted restrictions on regular international flights and eased immigration policy on January 8. But it is tough
PVTrans Pacific shares to make debut on HOSE next week
HCMC – Pacific Petroleum Transportation JSC, or PVTrans Pacific, will launch its PVP shares on the Hochiminh Stock Exchange (HOSE) on January 17, according to a HOSE announcement. With its charter capital of over VND940 billion, PVTrans Pacific will have more than 94 million PVP shares listed. The
Stavian Group joins hands with FPT to boost digitalization
HCMC – Stavian Group and FPT Corporation have signed a comprehensive cooperation agreement to apply digital solutions to business operations to improve efficiency and competitiveness in the international market. The partnership with FPT will help Stavian smoothly operate its business ecosystem in
Fuel prices expected to inch down tomorrow
HCMC – Gasoline prices are expected to drop VND100 per liter from tomorrow, January 11, a HCMC fuel supplier said. An executive of a petrol company based in Hanoi also made the same prediction, with gasoline prices remaining stable and diesel oil possibly edging down to below VND21,000 per liter.
Quang Ninh targets 14 million tourists in 2023
HCMC – The northern province of Quang Ninh looks to serve 14 million tourists, including two million foreigners, and earn some VND27 trillion from tourism in 2023. Quang Ninh’s Mong Cai City alone has set a goal to welcome around 1.5 million tourists, up 50% over the figure in 2022, according to
Hanoi to pilot public bike rental service next week
HCMC – The capital city of Hanoi will trial public bike rental service in six inner-city districts starting January 20, just in time for locals to use the service during the upcoming Lunar New Year holiday. Tri Nam Group JSC, the investor of the public bike rental service project, planned to set
HCMC wants to build two more bridges with Dong Nai
HCMC – The HCMC Department of Transport has proposed building Dong Nai 2 and Phu My 2 bridges linking the city with neighboring Dong Nai Province to enhance traffic and economic connectivity between the two localities. Under the proposal sent to the municipal government, Dong Nai 2 will connect
Vietnam’s wood exporters to EU seen facing challenges
HCMC – Vietnam’s wood exporting firms will encounter challenges in shipping their products to the European Union (EU) market when the EU’s new regulations banning the import of agro-products linked to deforestation are approved in the coming time. The new regulations will require exporters of
Pedestrian-only streets set up around Ho Con Rua
HCMC – The streets around Ho Con Rua roundabout in in District 3, HCMC have become a pedestrian area on the weekend. The pedestrian streets are open from 18:00 to 22:00 on Saturdays and Sundays, starting January 8. The streets are aimed at developing the area into a public cultural space, meeting
Boosting Vietnam’s economic prospects through digitalization
HCMC – Vietnam has been one of the top performing economies in the Asia-Pacific region in recent years, growing at around 8% in 2022. The country’s prudent economic policies have resulted in a prolonged period of high growth, price stability, and low public debt ratios. Having undertaken
Foreign investors return to Vietnamese stocks
HCMC – Though Vietnam’s benchmark VN-Index was down over 33% in 2022, foreign investors have recently injected capital into the market, reversing a three-year stock-selling streak. During the first trading week of 2023, foreign investors pumped over VND1,720 billion into Vietnamese shares despite
Toll collection on National Highway 51 set to stop this Friday
HCMC – The Department for Roads of Vietnam has informed the Ministry of Transport of its decision to suspend toll collection on National Highway 51 which links Dong Nai and Ba Ria-Vung Tau provinces, reported the local media. Toll collection on the busy highway was earlier planned to be stopped on
PM suggests issuing e-visas for foreign tourists
HCMC – Prime Minister Pham Minh Chinh has urged the Ministry of Public Security to improve visa policy to boost tourism, including issuing electronic visas for foreign tourists at Vietnam’s border gates. He directed the authorities to make it easier for foreigners to visit Vietnam by contemplating
EVN Finance gets nod to double charter capital
HCMC – The State Bank of Vietnam has approved EVN Finance Joint Stock Company’s plan to raise its charter capital by a maximum of nearly VND3.55 trillion through a stock rights offering and an employee stock ownership plan (ESOP). Of the amount, more than VND3.51 trillion, equivalent to over 351
