PM urges Covid vigilance as new variants emerge
HCMC – The prime minister has ordered cities, provinces and relevant departments to stay vigilant against Covid-19, especially at border gates, as new variants of the coronavirus have emerged. People entering the country from nations and territories hit by new and dangerous Covid variants should
Air tickets nearly sold out ahead of Tet
HCMC – Air tickets on many domestic flight routes have nearly been sold out before the Lunar New Year holiday, Tet, with seat occupancy reaching 90-100%, as travel demand picks up, according to the Civil Aviation Authority of Vietnam. Flights from HCMC to other regions, such as Danang, Haiphong,
US$9-billion HCMC-Can Tho Railway project under preparation
HCMC – The Ministry of Transport has assigned the Vietnam Railway Project Management Board to make preparations for the HCMC-Can Tho Railway project with an estimated cost of US$9 billion. The railway, starting at An Binh station in Binh Duong Province to Can Tho station and passing through six
Money is no longer easy
Following the thriving 2020-2021 period, the VN-Index took a U-turn and fell sharply in 2022 amid a significant change in the macro-economic context, the global situation and internal problems plaguing the economy. In early 2022, the stock market continued its upward momentum from the preceding
Go for gold with golden population
Vietnam will face challenges if it does not make the most of its golden population structure. To ensure future development, human resources or talent must be nurtured, so they become “a pillar of the country” in the upcoming decades. Concerning disparity To develop an international financial
Pressure to revive financial market
Apart from six major challenges from the international environment as well as internal risks, Vienam’s financial market will be exposed to risks and challenges Vietnamese economy Against the backdrop of global economic uncertainties, the Vietnamese economy in 2022 witnessed eight outstanding
CAAV proposes local carriers add planes to meet demand
HCMC – The Civil Aviation Authority of Vietnam (CAAV) has proposed local airlines increase the number of their aircraft to the pre-pandemic level of 234 to meet the rising travel demand. Under the proposal sent to the Ministry of Transport, CAAV said that the increase in planes is necessary to
New Omicron subvariant detected in HCMC, Tay Ninh
HCMC – XBB, a new Omicron subvariant, has been found in HCMC and neighboring Tay Ninh Province. The situation might turn complicated in the coming time, as the loosening of Covid-19 measures in many countries could lead to a spike in infections, and the virus might continue to evolve, said the
Forty-five businesses honored at third HCMC Brand Award
HCMC – The HCMC Department of Industry and Trade and the Saigon Times Group co-organized the third HCMC Brand Award ceremony yesterday, January 6, to honor 45 businesses in the city for their efforts and success in brand building. The 45 winners are leading and prestigious enterprises in their
Higher electricity production and import expected this year
HCMC – Electricity output and import this year are estimated at 284.5 billion kilowatt hours (kWh), up around 5.5% over last year, according to the latest power supply plan approved by the Ministry of Industry and Trade. The figure is 16 billion kWh higher than in 2022 and 29 billion kWh higher
Standard Chartered forecasts Vietnam’s 2023 GDP growth at 7.2%
HCMC – Standard Chartered Bank has forecast Vietnam’s gross domestic product (GDP) will expand 7.2% this year, following a solid recovery to 8% in 2022. The forecast is 0.7 percentage point higher than the target approved by the National Assembly. “We still have a conviction on Vietnam’s high
Half a billion dollars committed to HCMC’s industrial zones in 2022
HCMC – HCMC’s export processing and industrial zones attracted new investments totaling nearly US$550 million last year, over 9% higher than expected, according to the HCMC Export Processing Zone and Industrial Park Authority (HEPZA). New foreign investment approvals amounted to US$196.6 million
