Bamboo Airways – of the Việt Bamboo Airlines Company, owned by property developer FLC Group – plans to see its first flight take off on October 10.
Gross domestic product (GDP) is still an important indicator needed to assess the current level of a country’s growth. However, Governments are advised not to try to increase GDP at all costs while neglecting sustainable development. Economist Phạm Chi Lan talks to Tia Sáng (Ray of Light) Magazine about the issue.
Saigon Beer-Alcohol-Beverave Corporation (Sabeco) is targeting a lower post-tax profit in 2018 due to the increase of production costs and stronger competitiveness in the industry.
Many banks have reported impressive profit growth in the first half off 2018, compared to the same period last year, thanks to the high credit growth and the improvement from the retail banking segment.
Saigon Securities Inc (SSI) and HCM City Securities Corporation (HSC) have reported better profits in the second quarter and first half of 2018 despite volatile stocks that have dampened the performance of most of listed securities firms.
The NextTech Group yesterday signed a comprehensive co-operation agreement with 12Trip.vn - an online travel portal with a large database in Việt Nam, which provides nearly two million hotel rooms worldwide and airline tickets from over 600 domestic and international airlines.
The implementation of financial and monetary policies must assure that the country’s economic growth is stable and protected from strong volatility in the second half of 2018, Prime Minister Nguyễn Xuân Phúc said yesterday.
Retail companies are racing to expand but are challenged by high rental costs in major cities.
Việt Nam’s insurance industry achieved high on-year growth of 24.35 per cent in the first half of 2018, helping total revenue to reach more than VNĐ58.65 trillion (US$2.55 billion).
Given the boom in the number of Chinese tourists in HCM City, authorities have been urged to take preventive measures against the so-called “zero-đồng” tours that cater to these tourists and adversely affect tourism revenue.