Việt Nam News

During the period, its ancillary revenue of passenger transport topped VNĐ5.43 trillion, up 43 per cent year-on-year mainly thanks to the growth of international passenger transportation. The proportion of ancillary revenue in total air transport revenue was 27 per cent.

With an annual designed capacity of about 4,000 tonnes of yarn, the mill aims to create revenue from $100-120 million each year, contributing to the job generation for locals as it recruits up to 400 labourers. 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange inched down 0.10 per cent to end at 995.74 points

Việt Nam will have to address some challenges in order to fully grasp the benefits of the EU – Vietnam Free Trade Agreement (EVFTA) and its opportunities for the export of agricultural products.

The zero crude import tax will help BSR reduce its dependence on US, Southeast Asia and West Africa imports

Covering nearly 170ha, the zone will be used for researching and fostering the application of technology in the seafood industry with a focus on shrimp development in the province and others in the north, baodautu.vn reports.

HCM City is working on a logistics development strategy that would make the city a major logistics hub and reduce logistic costs to 16 per cent of Việt Nam's GDP in 2025.

Interest rates in the domestic market are expected to remain stable until the end of the year, buoyed by good liquidity and proper credit growth, said Phạm Thanh Hà, director of the State Bank of Việt Nam (SBV)’s Monetary Policy Department.

After three years, VOF earned $80 million in proceeds from dividend and sales proceeds with internal rate of return (IRR) of the investment being 86 per cent.

The country is set to make the transition to the modern market economy, to spur the development of science and technology, to unleash its private sector’s potential and to invest in education for younger generations.

Vietnamese shares advanced on Thursday as attention was shifted to banking, securities, technology and retail companies.

India’s setting of quotas for Việt Nam’s incense stick exports to this country has caused domestic incense stick production and export enterprises to face bankruptcy.

A draft Vietnam Socio-Economic Development Strategy (SEDS) for 2021-2030 listed the country’s top objectives as to fully embrace a modern market economy that adheres to global norms and standards, to establish legal frameworks for new business models, the digital economy and protect the environment.

Phát Đạt Real Estate Development JSC (HoSE: PDR) wants to buy back half of its bonds issued in April.

The Prime Minister announced import tax on crude oil will be scrapped from the current rate of 5 per cent.

The auction will be held at the Ha Noi Stock Exchange on October 10, 2019 and the volume of shares offered for sale is equal to 31.88 per cent of the firm’s charter capital.

In August, net profit was VNĐ30 billion.

The company’s general director Hoàng Anh Dũng plans to increase his ownership in the business to 27.68 per cent from the current 0.05 per cent.