Vietnamplus

More Malaysian households and businesses are installing solar photovoltaic (PV) panels in a bid to bring down monthly electricity bills.

The tourism sector is expected to contribute 4.5% of Indonesia’s gross domestic product (GDP) in 2024, Deputy Minister of Tourism and Creative Economy of the Republic of Indonesia Angela Tanoesoedibjo said on May 31.

The retail gas prices in domestic market decreased on June 1 following the falling prices in world market.

The Indonesian government plans to prohibit the export of liquified natural gas (LNG) to help supply domestic industries, Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has said.

The tourism sector served 12.5 million domestic visitors in May, pushing the total number of the group to over 50.5 million in the first five months.

At a workshop held in Hanoi on May 25, delegates exchanged insights and suggested initiatives aimed at enhancing the performance and service quality of the pioneering one-stop service centre model, specifically designed to aid women and girls affected by domestic violence.

Buyers of condotels, officetels and resort villas can have ownership certificates from May 20 under a new decree guiding the implementation of the Land Law.

Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.

Malaysia will not face an economic recession this year as the country recorded an impressive 5.6% gross domestic product (GDP) growth in the first quarter of 2023, according to the country's central bank governor Tan Sri Nor Shamsiah Mohd Yunus.

Amid numerous challenges facing export, the domestic market has proved its attractiveness and important role, helping with Hanoi’s economic growth.

Nearly 3.7 million foreign tourists travelled to Vietnam in the first four months of 2023, accordiing to Vietnam National Administration of Tourism.

According to the Vietnam Association of Realtors (VARS), the segment of social and affordable housing will grow because urban development is still attracting the attention of investors.

The National Standardisation Strategy for 2030 has set a target of raising Vietnam’s harmonisation ratio with international, regional and foreign standards to at least 65% by 2025 and 75% by 2030.

Vietnam’s export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD, the General Statistics Office (GSO) reported.

Noi Bai International Airport in Hanoi has recorded sharp rises in the numbers of international flights and passengers during the holidays of Hung Kings Commemoration Day, National Reunification and International Labour Day from April 29 to May 3.

At least 40 domestic flights have been canceled on May 1 due to a power failure at Ninoy Aquino Airport, the main airport in the capital city of Manila, the Philippines.

Vietjet aims to maintain its leading position in terms of passenger volume and efficiency in Vietnam in 2023, heard the airline’s general meeting of shareholders on April 26.

Many Vietnamese businesses are interested in increasing trade with Mexico, a big and potential market of strong consumption power, according to experts.

As the holiday season approaches, many Vietnamese travellers are opting for outbound tours due to the significant increase the price of domestic flights, according to travel agents and tour operators.

Retailers must adapt and change, especially in modern technology, to survive and grow as consumers have more modern tools to choose goods on online as apposed to just brick-to-mortar stores.