Vietjet sets $1.9bn revenue target for 2017

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Báo Tuổi Trẻ English 6 day(s) ago

Low-cost Vietnamese carrier Vietjet has set targets of VND42.018 trillion (US$1.88 billion) in revenue and VND3.395 trillion ($151.56 million) in post-tax profit for 2017, after enjoying a successful 2016 with healthy growth and whopping earnings.

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Cut in unemployment payments good for firms. And for workers?

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Báo Đầu Tư English 6 day(s) ago

Nguyen Thi Hai Van, head of the Employment Department of the Ministry of Labour, Invalids and Social Affairs, speaks to Dân Tri.com.vn about the Government’s decision to cut employers’ contributions to the unemployment fund.

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HN five-star hotel occupancy up to 74%

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Báo Đầu Tư English 1 week(s) ago

Average occupancy of five-star hotels was up four percentage points quarter-on-quarter (QoQ) and 10 percentage points year-on-year (YoY) to 74 per cent.

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Global smoking deaths up by 5% since 1990: study

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Báo Dân Trí English 3 week(s) ago

The percentage of men and women who use tobacco every day has dropped in most nations since 1990, but the total number of smokers and tobacco-related deaths has increased, a consortium of researchers reported Thursday.

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Workers with degrees make up 21.39% of labour force

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Báo Đầu Tư English 1 month(s) ago

The number of Vietnamese workers holding college and university degrees or higher accounted for 21.39 percent of the labour force in the last quarter of 2016, up 0.41 percentage point from a quarter earlier and 1.19 percentage points year on year.

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City’s top leaders listen to opinions from over 400 businesses

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SaiGon GP English 1 month(s) ago

The Party Committee, People’s Council and People’s Committee of HCMC yesterday hosted a conference to meet over 400 enterprises and listen to their opinions about ways and proposals to solve difficulties and develop businesses.

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Banks’ appetite for real estate lending drives up interest rates

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Báo Đầu Tư English 2 month(s) ago

Banks’ favour for lending to real estate is the reason for high lending interest rates.

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SE Asia Stocks-Sluggish on lack of global cues; Vietnam, Indonesia up

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Báo Tuổi Trẻ English 2 month(s) ago

Southeast Asian stock markets, except Vietnam and Indonesia, were tepid on Tuesday tracking Asian markets which were steady on a lack of global cues, with U.S. markets closed for the Presidents Day holiday on Monday.

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Majority of Japanese firms plan to expand Vietnam business: survey

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Báo Tuổi Trẻ English 2 month(s) ago

The majority of Japanese enterprises operating in Vietnam polled in a recent survey said they had plans to expand their investment in the country, despite acknowledging challenges in the local business environment.

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Analysis: Basel II bank performances

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Báo Đầu Tư English 2 month(s) ago

Updated financial reports coming from nine out of 10 banks, consisting of Vietcombank, Vietinbank, BIDV, VIB, ACB, Techcombank, VPBank, MB, and Sacombank (leaving Maritime Bank out of the list as its latest reports were dated 2015) that are to implement Basel II requirements by 2018, showed that the percentage of income generated by banks arose chiefly from credit activities.

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Government tightens conditions on gaming machines

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Báo Đầu Tư English 3 month(s) ago

Starting from February 15, 2017, gaming machines used in facilities currently open to foreigners in Vietnam have to meet more stringent conditions.

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Upward trend in bank interest rates

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Báo Đầu Tư English 4 month(s) ago

At the beginning of December some banks cut deposit interest rates by 0.1-0.2 percentage points.

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Fed rate hike could pressure exchange rate

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Báo Đầu Tư English 4 month(s) ago

In a long anticipated move, the US Federal Reserve decided Wednesday to raise the benchmark interest rate by a quarter percentage point to 0.5 per cent, marking the first hike since December 2015 and only the second in a decade.

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Property inventory value reduced

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Báo Đầu Tư English 4 month(s) ago

Total value of property inventory nationwide has reduced in the first 11 months of this year, according to the Ministry of Construction.

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SE Asia stocks largely flat on lack of triggers; Vietnam falls nearly 1 pct

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Báo Tuổi Trẻ English 5 month(s) ago

Southeast Asian stock markets took a breather on Tuesday as investors took to the sidelines in the absence of market-moving, macroeconomic events.

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