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Local airlines’ on time performance declines

Domestic airlines in Vietnam have experienced a decline in the on-time performance (OTP) during the first 10 months of this year, with only two airlines maintaining OTP rates above 90%, compared to four airlines in the previous year.

Gas stations face closure over electronic invoice mandate

Gas stations are teetering on the brink of closure if the Government pushes forward with the immediate enforcement of electronic invoicing, said the Ministry of Industry and Trade.

Opportunity for Vietnam’s coconut exports to US, China

Vietnamese coconut growers and businesses are excited to expand production to meet the domestic and foreign demand which is expected to increase in the coming time.

Property market heats up, prompts speculation activity

The real estate market has been seeing overly hot development for a long time without effective financial tools. As a result, urban development has not served accommodation demand, but only speculation.

Policy changes required to provide a boost to property sector

The government considers the property market an important pillar of the economy and measures are underway to address the sector's difficulties in recent years.

Sugar mill suspends operation, sugarcane growers worried

Hau Giang’s farmers are worried as sugarcane prices have dropped dramatically after the Phung Hiep sugar mill temporarily stopped its operation.

Vietnam lacks human resources experts in implementing FTAs

Vietnam is in dire need of qualified personnel to implement new generation Free Trade Agreements (FTAs), heard a conference.

Despite weak demand, car dealers still make tie-in sales

While car dealers have to lower the prices of previous-generation car models to boost sales amid weak demand, they have applied the tie-in sale policy for newly marketed models.

Sand auction prices reach record high, raising concern

With the auction winning price 200 times higher than the reserve price, the sand price in the market may be unacceptable to both the state and people.

Tourism sector urged to develop national tourism brand

In the first 10 months of this year, Việt Nam welcomed 99 million domestic visitors and 10 million international tourists, exceeding the 2023 target of 8 million visitors.

VN’s rice is most expensive in world: a good sign or a warning?

Surpassing other major exports, Vietnam’s rice has become the most expensive in the world. However, experts have warned that overly high prices may pose risks to export companies.

Revival of businesses more achievable through support

Enterprises are in critical need for more support, with a reduction of taxes and fees proposed to be lengthened until the middle of next year.

Pharmaceutical industry strives to produce new drug forms

Vietnam is focusing on improving research capacity and application of new drug production technology, promoting clinical pharmacy development and strengthening supervision of safe and reasonable drug use.

Repayment pressure on corporate bonds to peak next year

Total corporate bonds set to mature in 2024 will reach 329.5 trillion VND (13.5 billion USD), the highest in three years, according to a report by the Ho Chi Minh City Real Estate Association (HoREA).

Vietnam has three credit rating agencies

The Ministry of Finance has recently granted credit rating permission to one more enterprise, bringing the total number of credit rating agencies in Vietnam to three, namely FiinRatings, Saigon Ratings, and VIS Rating.

Plan adoption acknowledges likely issues

Vietnam’s socioeconomic development path for 2024 has taken shape, with a need to devise more schemes to boost industrial production and improve domestic consumption given global ongoing economic difficulties undermining the country’s exports.

E-commerce Week , Online Friday 2023 to support Vietnam products

The 2023 E-commerce Week and Online Friday, Vietnam's largest online shopping programmes of the year, are slated to begin later this month, heard a press conference held by the Ministry of Industry and Trade (MoIT) on November 16.

Banks issue bonds worth trillions of VND with high interest rates

With bond interest rates 1-2 percent higher per annum than 12-month savings interest rates, commercial banks are increasing corporate bond issuance to mobilize more long-term capital.

Measures sought to tap Vietnam - China - Russia intermodal rail transport route

A workshop discussing measures to exploit the potential of the Vietnam - China - Russia international intermodal rail transport route was held in Moscow on November 15.

VN garment export sees light, pinning hope on greening effort

Le Tien Truong, chairman of the Vietnam National Textile and Garment Group, said that the demand will improve overall in 2024 but the improvement will not be very significant.