Việt Nam News

The Ministry of Transport has just assigned the Civil Aviation Authority of Việt Nam (CAAV) to study and propose measures to gradually loosen immigration and reconnect a number of international routes for trade, visiting relatives and tourism.

Civil Aviation Authority of Việt Nam reported that the number of passengers through airports nationwide reached 2.88 million passengers this month, down 70 per cent compared to the same period last year.

The retail prices of petrol and oil increased at 3pm on Thursday following the latest price review by the ministries of Industry and Trade, and Finance.

The Minister of Industry and Trade Trần Tuấn Anh has requested checks on petrol stations which reported a lack of petrol and those found to have been “hoarding goods” to wait for price increases be strictly punished.

National carrier Vietnam Airlines on Wednesday officially launched a route connecting Thanh Hóa Province and Buôn Ma Thuật City of the Central Highlands province of Đắc Lắc.

The HCM City Department of Industry and Trade has assured there is adequate supply of petroleum products to meet demand and it will prevent any hoarding of these goods.

Việt Nam’s pushback of COVID-19 pandemic has helped shrimp exporters raise their competitiveness on the world market, being over other competitors such as India and Ecuador, where are still struggling with the outbreak and not yet able to return to normal production.

Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.

PetroVietnam Power Corporation plans to pay a 2019 cash dividend of 3 per cent instead of paying in shares at a rate of 6 per cent as planned previously.

Việt Nam should focus on a productivity-driven development model to become a high-income economy by 2045, according to the latest report from the World Bank (WB).

Tiên Phong Joint Stock Commercial Bank is targeting pre-tax profit growth of 5 per cent on-year to VNĐ4.07 trillion (US$174.2 million) in 2020, lower than previously forecast, on worries that the economy is suffering from the global COVID-19 pandemic.

The VN-Index had advanced a total of 1.92 per cent in the first two trading days of the week.

Local businesses need to know clearly about the CE and FDA standards for exporting goods to the EU and US markets, according to experts at a seminar on CE and FDA standards held in Hà Nội on Tuesday.

SSI Security Corporation has appointed Nguyễn Mạnh Hùng as chairman of SSI Asset Management Co. Ltd from this week.

Sài Gòn Thương Tín Joint Stock Commercial Bank (Sacombank) on Wednesday announced its annual shareholders’ meeting will be held online.

Authorities need to finish the relocation of an international internet cable line, electrical networks and burial grounds to clear the site so construction can begin.

tesa has recently made a public announcement that it will invest 55 million euro (US$60.3 million) in a tape adhesive plant in Việt Nam, making it the 15th production site that tesa operates worldwide beside large plants in Germany (Hamburg, Offenburg), Italy, the US, and China.

The HCM City Department of Transport has warned that the shortage of public parking space is worsening because building parking lots is expensive and returns on them are low.