The domestic aviation service price will be cut by an average of 4 percent as of October 1 due to recent falls in fuel prices, according to the Civil Aviation Authority of Vietnam (CAA).
Automobile sales in August dropped by 10 percent from the previous month to 18,236 units, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Vietnamese shares on August 21 extended losses to the third day in a row as investors showed little confidence in the market after receiving negative information.
The number of foreign visitors to Vietnam in June is estimated at
529,000, down 8.2 percent from May, making it the 13 th consecutive
month the country has experienced a decrease in foreign tourist
arrivals.
Governor of the State Bank of Vietnam Nguyen Van Binh has set a new
target to bring down non-performing loans (NPLs) to less than 3 percent
by September.
The Malaysian Tourism and Culture Ministry convened a meeting in Kuala
Lumpur on June 18 to consider “Quick wins” strategy addressing the drop
in tourist arrivals.
Vietnam would continue to decrease tuna's export value in the second
quarter of this year, partly due to its falling price on the world
market, the Vietnam Association of Seafood Exporters and Producers
(VASEP) forecast.
Vietnam's coffee exports in April were equivalent to half of Brazil's
total exports, confirming the wide gap between the world's two largest
coffee exporters.
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