Việt Nam News

The Vietnam – Russia oil and gas joint venture Vietsovpetro sets to exploit nearly three million tonnes of oil equivalent and condensate in 2021

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.

This year’s retail sales growth was much lower than 9.5 per cent seen in 2019 and was also the lowest rate in the 2011-20 period due to the significant impact of COVID-19 pandemic.

HCM City’s infrastructure development is focused on transforming the economy and making it services-based.

Development of major ports and port clusters will get priority in the new master plan for the country’s port system for 2021-2030, Deputy Minister of Transport Nguyễn Nhật has said.

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.

The COVID-19 pandemic caused retail revenue to drop sharply in 2020, impacting the domestic retail property market, according to Savills Việt Nam.

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.

Despite the downturn of the global finance-equity market, there were some outstanding M&A deals in 2020 on the Vietnamese market.

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.

At a teleconference reviewing 2020 State budget collection and spending on Thursday, Minister of Finance Đinh Tiến Dũng said the implementation of financial and budgetary tasks resulted in “positive and comprehensive” outcomes.

Việt Nam is working to develop high-quality Vietnamese coffee as a national product to expand its added value for exports.

Saigon Co.op opened a Co.opmart supermarket on Hùng Vương Street in Đồng Tháp Province’s Tháp Mười District on December 31, its fourth in the province and 128th in the country.

Hà Nội aimed to receive from 13 million to 19 million visitors, 1.5 to 2 times higher than 2020, said deputy director of the Hà Nội Department of Tourism Trần Trung Hiếu.

Hà Nội has recorded better ecnomic results than anywhere else in Viet Nam amid the COVID-19 pandemic, according to Chairman of the Hà Nội People's Committee Chu Ngọc Anh.

Vietnamese shares settled higher on Thursday, the penultimate trading day in a phenomenal year of pandemic, recession and recovery.

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 Basel II ahead of the schedule set by the State Bank of Vietnam under Circulars 13 and 41.

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 Nẵng.