PM signs new rules on air passenger, cargo transport
HCMC – Prime Minister Pham Minh Chinh has signed Government Decree No. 93 setting out a range of specific regulations for the transportation of air passengers and cargo. According to the Vietnam News Agency, the regulation will take effect on December 22. Passengers entering Vietnam are required
Agriseco general director steps down
HCMC – Agribank Securities Corporation (Agriseco), whose AGR shares are traded on the Hochiminh Stock Exchange (HOSE), has released Dinh Ngoc Phuong from his post of general director at the firm, with effect from yesterday, November 29. The company picked AGR deputy general director Le Son Tung as
RMIT Vietnam team champions STR’s Asia Pacific market study contest for first time
HCMC – A team of students from RMIT Vietnam outperformed other countries to progress to the final round of the 2022 STR Student Market Study Competition hosted by Smith Travel Research (STR), one of the prominent sources of premium global data benchmarking and market insights for the tourism,
Over 144,000 CBU autos imported in 2022
HCMC – The number of completely-built-up (CBU) automobiles imported in Vietnam during the January-November period hit some 144,726 with a value of US$3.2 billion, rising by 5.9% in volume and 6.3% in value year-on-year. Automobiles with up to nine seats made up the majority of imports, totaling
Vietnam’s rice exports seen hitting record this year
HCMC – Vietnamese rice export prices have stayed high in November, while shipments to European countries, China, and the Philippines have soared, all contributing to this year’s rice export that is expected to soar to a record high of over seven million tons. Statistics from the Ministry of
Realty firms struggle to stay afloat amid uncertainties
HCMC – Many realty enterprises have ceased operations in recent times, while the active ones have laid off staff or cut salaries amid market uncertainties. Layoffs have recently become more widespread among not only medium and small-sized realty businesses but also large corporations. Subject to
Rising rent and fuel prices drive up CPI in November
HCMC – Vietnam’s consumer price index (CPI) in November has edged up a slight 0.39% over the previous month and 4.37% against the same period last year, according to data released by the General Statistics Office (GSO) today, November 29. GSO said in its report that November housing and
Zero-waste production needs systematic approach
HCMC – The step-by-step attempt and systematic approaches with a focus on reusing, recycling and replacing will work well to help manufacturers head towards a net zero factory, heard a seminar themed “The way to a net zero factory,” within the framework of the Green Economy Forum and Exhibition
LSP inaugurates first key plants of petrochemical project
HCMC – Long Son Petrochemicals Co., Ltd. (LSP) has inaugurated the first key plants of the Long Son Petrochemicals Complex, namely Specialized Tank Terminal and Central Utilities Plant, in the southern province of Ba Ria-Vung Tau. LSP put into operation three important units of Specialized Tank
Underpass in front of new Mien Dong Coach Station ready Wednesday
HCMC – An underpass in front of the new Mien Dong Coach Station will be opened to traffic on November 30, according to the HCMC Transportation Works Construction Investment Project Management Authority (TCIP). Located along the Hanoi Highway, the underpass is 670 meters long and eight meters wide.
DZM shares face trading suspension
HCMC – The Hanoi Stock Exchange (HNX) has decided to suspend Dzi An Mechanoelectric Joint Stock Company from trading its DZM shares over information disclosure violations, with effect from December 5. According to HNX, the company missed the deadlines for releasing its consolidated financial
Vietnam posts US$10.6 billion trade surplus in Jan-Nov
HCMC – The country’s exports amounted to US$342.2 billion while its import spending totaled US$331.6 billion between January and November, generating a trade surplus of US$10.6 billion, according to the General Statistics Office of Vietnam. The total value of imports and exports in the year to
Traffic congestion is biggest obstacle to southeast’s development
HCMC – Traffic congestion is the biggest challenge for the economic development of the nation’s southeast region, given that only 50 kilometers of expressway has been built among the six key provinces in the past 10 years, according to the prime minister. The southeast region encompasses HCMC,
PM: Vietnam will not expand economy at expense of environment
HCMC – Vietnam will not pursue economic growth at the expense of the environment, Prime Minister Pham Minh Chinh told the Green Economy Forum & Exhibition 2022 (GEFE 2022) in HCMC on November 28. He said at the event, held by the European Chamber of Commerce in Vietnam (EuroCham Vietnam), that
First component of Danang’s port to begin work in mid-Dec
HCMC – Danang plans to start work on the first infrastructure component of the Lien Chieu Port project on December 14 this year. On November 27, the Management Board of Priority Infrastructure Investment Projects in Danang announced the plan to start developing infrastructure for the Lien Chieu
IPP Air Cargo approval procedure suspended at investor’s request
HCMC – The Transport Ministry has informed to the Prime Minister of a suspension of the approval procedure for the IPP Air Cargo JSC at the request of the carrier’s investor. Deputy Transport Minister Le Anh Tuan said that the Civil Aviation Authority of Vietnam (CAAV) had reported to the