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Despite great efforts to restructure it, Pacific Airlines, the 30-year old budget air carrier of Vietnam, is still bogged down in difficulty. It is on the verge of bankruptcy and has no airplanes.
The Vietnamese stock market is attracting billions of dollars, though the gold market is hot with SJC gold prices soaring, while the dong/dollar exchange rate has hit new peaks and the central bank has withdrawn cash from circulation.
The Law on PPP (public private partnership) aims to attract private investment in infrastructure development. However, very few private investors have developed roads and seaports under the PPP mode.
The owner of a garment company in Hanoi told VietNamNet that he has experienced sleepless nights recently because of the lack of orders and revenue decreases.
Hoa Phat’s revenue and market share have increased, which has helped it cement its No 1 position in the market, while steel shares have become hot again, prompting investors to sell shares to make big profits.
To overcome challenges, it is necessary to take unprecedented action to create other development structures. This is an opportunity for both local governments and businesses.
The capital city of Hanoi needs $40 billion to develop 10 urban railway routes expected to be a critical solution to traffic congestion, which causes damages worth $1 billion a year to the city.
Vietnam’s rice exporters have been warned that they will have to compete with Thailand has begun boosting exports to Indonesia and the Philippines.
Land in HCM City has become very expensive, and is considered more attractive for urban development and real estate rather than industrial production.
Many South Korean artists have been flocking to Nha Trang City in Khanh Hoa province to enjoy their holidays in the beach city.
Vietnam needs "now or never" policies "to become rich before getting old", experts say.
Sitting quietly in the Great Lecture Hall of the HCM City University of Medicine and Pharmacy, L.T.H, 49, tightly held his only son's hand.
Antiques hunters are flocking to Nam Dinh City’s Hai Minh Commune hoping to find good deals on the nation’s finest ancient artefacts.
Vietnamese farmers grow crops and fruits to sell farm produce, of course, but also to provide services as part of agritourism, which is helping farmers earn billions of dong a year.
The upgrading of the Vietnamese stock market to an emerging market has been long awaited by investors.
The 2024 Land Law is expected to encourage investment in Vietnam and attract overseas remittances (kieu hoi) to Vietnam.
To minimize the impact of climate change and cut emissions to zero percent, Vietnam will need heavy investment from the state and private sector.
Vietnam has overcome obstacles in recent years, from the Covid-19 pandemic to upheavals in the country and world, to gain encouraging achievements in economic development.
A 5G frequency auction opens up a new era for 5G and is the foundation for developing digital infrastructure that serves national digital transformation.
At just 20 years old, Nguyen Thai Son has already earned the Best Young Player of V. League 2023 and the Vietnamese Golden Ball Award for Best Young Male Player in 2023.