As the international aviation is slow to recover, Vietnam is enjoying a chance to capitalise on the domestic market as a buffer step – a “taxiing” period for a rapid recovery following the COVID-19 pandemic.
The volume of searches from Indian visitors for tourism services in Vietnam has increased strongly in recent months, according to Google’s market trend tracker tool.
Thailand’s cabinet has approved a budget worth 3.5 billion THB (100 million USD) to hire more than 68,000 recent graduates and jobless people nationwide through BCG (bio-, circular and green) projects to kick-start the job market as the COVID-19 pandemic continues to subside.
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating favourable conditions for credit institutions to meet the demand for legal foreign currencies of organisations and individuals, according to Vice Director of the SBV’s Monetary Policy Department Pham Chi Quang.
Vietnam ranks second in green bond issuance in the Association of Southeast Asian Nations (ASEAN), according to the ASEAN Sustainable Finance – State of the Market 2021 report recently released by Climate Bonds Initiatives (CBI) and HSBC.
Da Nang is entering the peak summer tourist season and tourists are coming in droves. The increase in the number of visitors has contributed to the bustling retail market of the city.
A conference will be co-held on June 23 by the Ministry of Industry and Trade (MoIT), the British Embassy in Vietnam and the British Chamber of Commerce Vietnam (BritCham) to support Vietnamese enterprises to join the supply chain of British enterprises.
Vietnamese goods are benefitting from better quality, diverse designs and competitive prices to establish their place on the domestic and global markets.
The Civil Aviation Administration of China (CAAC) has agreed to allow airlines of Vietnam and China to operate two flights per week, instead of only one flight per week as before, the Civil Aviation Authority of Vietnam (CAAV) said on June 16.
The Middle East, North Africa and South Africa are potential markets for tea products from Lai Chau province but their export is still modest due to a lack of information on each other and effective connections, Deputy Foreign Minister Pham Quang Hieu has said.
Vietnam’s domestic aviation market is recovering at the fastest pace in the world with a growth rate of 123 percent compared to the same period of 2019, before the COVID-19 pandemic broke out.
There remains large room for Vietnam to promote the export of medicinal herbs to Japan, especially when many Japanese pharmaceutical companies are planning to import these products from the Southeast Asian country.
Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Vietnam to fully tap high-quality and low-cost human resources.
Vietnamese enterprises can find opportunities for exporting many commodities, from consumer goods to fishery, agricultural, and food products, to France, heard a seminar on post-pandemic chances for accessing the French market on June 15.
A project to improve early warning and risk management capacity for Vietnam's financial sector was launched at a ceremony held by the National Financial Supervisory Commission (NFSC) and the Korea International Cooperation Agency (KOICA) in Vietnam on June 15 in the northern province of Quang Ninh.
A Vietnam-Africa online trade exchange conference was held on June 14 by the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade in collaboration with Vietnam Trade Offices in African countries, aiming to help Vietnamese businesses, localities and cooperatives seek partnerships to boost food exports to the African market.
Vietnam Airlines JSC has just sent a document to the Ho Chi Minh Stock Exchange (HOSE) explaining measures and a roadmap to remove it from the list of stocks trading under supervision.
Vietnam will see more realty projects invested by businesses from the Republic of Korea (RoK) in the coming time as they are seeking opportunities to enter and expand operations in the country, according to Andrew Lee, Korean Desk Manager at real estate consultancy Savills Vietnam.
Business
