Vietravel Airlines proposes to increase capital nearly sixfold by 2025
Vietravel Airlines has proposed the Government considering a roadmap to increase its investment capital from 1,300 billion VND (55 million USD) to 7,642 billion VND (roughly 323.67 million USD) by 2025, according to The Saigon Times reported on February 8.
Vietnam remains third largest seafood supplier to Republic of Korea last year
Vietnam remained the third largest seafood supplier to the Republic of Korea (RoK) last year with the country’s seafood market share as part of the RoK’s total imports reaching 10.2%, VOV reported the statistics released by the Korea Customs Service.
Vietnamese artists set new world record
According to VNA, circus artists Giang Quoc Co and Giang Quoc Nghiep on February 3 (Vietnam time) set a new head-to-head balancing walk plus blindfold record in Milan, Italy.
Vietjet Air records a year-on-year rise of 175% in net revenue to 7.35 trillion VND
According to VNA, Vietjet Air saw an impressive recovery after the COVID-19 pandemic as it recorded a year-on-year rise of 175% in net revenue to 7.35 trillion VND (313.4 million USD), and earned profit of 902 billion VND in the last quarter of 2022.
Increasing proportion of science, technology, innovation’s contribution to agricultural growth
The Ministry of Agriculture and Rural Development (MARD) is striving to increase the proportion of science, technology and innovation’s contributions to the sector’s growth by over 50% by 2030 through research, transfer and application activities, reported Vietnam News Agency.
Con Dao named one of 16 best island vacations in world
Tourism magazine Condé Nast Traveler (CNTraveler) of the United States (US) named Con Dao Island in the southern province of Ba Ria - Vung Tau as the top 16 best island vacations in the world.
Thai Nguyen, only Vietnamese locality enjoying trade surplus of over 10 bln USD in 2022
The northern mountainous province of Thai Nguyen is the only Vietnamese locality that produced a trade surplus of more than US$10 billion in 2022.
Vietnamese brand named most valuable telecoms brand in Southeast Asia
Viettel is the most valuable telecoms brand in Southeast Asia and the 17th in the world, reported Vietnam News Agency according to the latest Brand Finance Global 500.
Australia’s Victoria state pins hope on Vietjet’s launch of flights
Minister for Trade and Investment of Victoria state of Australia Tim Pallas has announced Vietnamese carrier Vietjet’s decision to choose Melbourne city as the destination for its first flights to Australia and establish its office in the state.
Leather and footwear industry targets US$27 billion in 2023 exports
The leather and footwear industry is striving to achieve US$27 billion in export turnover this year, an increase of roughly 10% compared to the previous year amid shrinking major markets and falling demand.
Six Vietnam businesses join January Furniture Show in UK
Six Vietnamese businesses attended in January Furniture Show 2023, the largest annual furniture show of Britain, in Birmingham from January 22-25.
151ha-duty-free zone to be built in Da Nang
A plan has been submitted by the People’s Committee of Da Nang city for a duty-free zone, according to the Vietnam News Agency.
Vietnamese localities receives first international tourists of Tet holiday
The northern province of Quang Ninh held a ceremony on January 22, the first day of the Year of the Cat, to welcome the lunar new year's first group of foreign tourists to Ha Long Bay – a world natural heritage site recognised by the United Nations Educational, Scientific and Cultural Organisation (UNESCO), reported Vietnam News Agency.
Vietnam’s GDP growth adjusted upward to 6.8% in 2023: AMRO
Vietnam’s GDP growth in 2023 has been adjusted upward to 6.8% in the ASEAN+3 Macroeconomic Research Office (AMRO)’s January Update, up from 6.5% in its October report, reported Vietnam News Agency.
Mekong Delta rice farming contribute 90% of rice exports
Farmers in the Mekong Delta contribute over 50% of the country's rice production and 90% of rice exports. However, quality, efficiency, product competitiveness and income of rice farmers in the region remain low, reported VNA.
Vietnam’s agro-forestry-aquatic product exports hit record in 2022
Vietnam’s export of agro-forestry-aquatic products hit a record revenue of over 53.22 billion USD last year, up 9.3%, including nearly 11 billion USD from aquatic products, reported Nhan Dan newspaper.
Vietnam to become developed nation with high income by 2050
Vietnam is striving to become a developed nation with high income, full and harmonious socialist-oriented market economy institutions, and a fair, democratic and civilised society by 2050, reported Vietnam News Agency according to the National Master Plan for the 2021-2030 period with a vision to 2050.
Vietnam’s wood and wooden product exports expected to earn 25 billion USD by 2030
Vietnam’s wood and wooden product exports are expected to reach 25 billion USD by 2030.
Vietnam remains key investment destination for European firms
The confidence of European enterprises in Vietnam’s economy declined for a second quarter but the S-shaped country still remains in the top five global investment destinations for their companies, the latest Business Climate Index (BCI) published by the European Chamber of Commerce in Vietnam (EuroCham) showed last week.
Travel firms offer short tours during Tet
Travel firms are offering tours lasting for two or three days to satisfy the increasing demand during the upcoming Tet (Lunar New Year), the biggest holiday in Vietnam.
Japanese group starts work on 1.8 million USD overpass in Da Nang
Mikazuki Hotel Group of Japan held a groundbreaking ceremony on January 15 for an overpass connecting the Da Nang Mikazuki entertainment complex and the beach across Nguyen Tat Thanh street in the central city of Da Nang, reported Vietnam News Agency.
Tet tourism market assessed to be more exciting
According to VNA, the Tet (Lunar New Year) tourism market this year is assessed to be more exciting, as diverse domestic, inbound and outbound tours are offered.
Vietnam named best Culinary Destination in Asia
Vietnam has been named the Best Culinary Destination in the Bucket List Places in Asia in 2023 published by US magazine Travel+Leisure, reported Vietnam News Agency.
International supplier plans two new factories in Vietnam
Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, has a plan to invest a substantial sum to build two factories in Vietnam, reported Vietnam News Agency.
Vietnam climbs four positions in global passport rankings
The latest report compiled by the Henley Passport Index shows that Vietnam climbed a total of four positions to secure 88th place in a ranking of the world’s most powerful passports in 2023.
Vietnam Airlines ranks top ten Vietnamese brands
Vietnam Airlines has been ranked one of the top 10 Vietnamese brands in 2022, Vietnam News Agency cited a report by the Vietnam Report.
Son Doong named among world's 10 most incredible caves
Son Doong Cave in the central province of Quang Binh has made its name into the list of 10 'most incredible caves in the world' compiled by Canadian magazine The Travel, reported Vietnam News Agency.
Noi Bai international airport ready for Tet travel
The Noi Bai international airport in Hanoi has got plans readied in anticipation of a strong surge in passenger throughput in the upcoming Lunar New Year festival (Tet), the biggest traditional event in Vietnam, reported Vietnam News Agency.
Tea exports record double-digit growth in 2022
Tea exports in the fourth quarter of 2022 amounted to 54,000 tonnes, bringing in US$79 million, up 53.6% in volume and 30.3% in value compared to the same period from last year, reported the Voice of Vietnam.
Vietnamese firms prepare for Chinese market’s reopening
Vietnamese businesses, especially those operating in the agricultural sector, have made all necessary preparations and are ready for the reopening of the Chinese market from January 8, reported Vietnam News Agency.