10 increase in salary

Noting the complexity of illegal border crossings despite more exhaustive border patrols by authorities, the minister said some countries in the region are still conducting commercial flights so many Vietnamese who are overseas have flown to these countries and attempted to reach Vietnam over land. … [Read more...] about Increasing illegal border crossings fuel risk of COVID-19 transmission: Minister

As a result, some businesses may find it challenging to raise capital through bond issuance, forcing them to borrow money through banks. In addition, while the economy is on the road to recovery from the COVID-19 pandemic, interest rates are forecast to remain at the current low level and credit growth should increase – we estimate at around 12-14 per cent. … [Read more...] about Impressive 2020 for Vietnam’s corporate bond market

Dương Thanh Đảo, marketing director of Qui Phúc Production, Commerce and Service Co. Ltd, said a few months ago his company bought more machinery to increase production since it realised demand would spike before Tết. … [Read more...] about Demand for furniture rises ahead of Tết

Despite Covid-19, local airlines plan to operate about 1,000 flights a day, an increase of 28% compared to the previous Tet Holiday. The busiest days will have 1,200 flights, an increase of 25.3% on the previous Tet Holiday. According to the Civil Administration of Vietnam, Tet flights will be the focus from January 27 to February 26. Because of Covid-19, the airlines will not operate usual international flights but pour resources into domestic flights. Vietnam Airlines and Vasco will operate 379 flights a day and 504 flights on busy days, an increase of 35.5% and 31% respectively compared to the same period last year. Vietjet Air plans to operate 371 flights a day and 375 flights on busy days, an increase of 17% and 28% on last year. Bamboo Airways reported that they will operate 180 flights a day, increased by 27.5% and 190 flights on busy days, increased by 34% on last year. Pacific Airlines will have an average of 124 flights a day and 130 flights a day during the peak of the … [Read more...] about Thousands of flights planned for Tet Holiday

A container ship is seen at the Cai Mep International Terminal in the southern province of Ba Ria-Vung Tau. Expanding by 2.9% in 2020, the Vietnamese economy was one of the few economies that grew during the Covid-19 pandemic – PHOTO: ANH QUAN HCMC – Vietnam’s economic recovery accelerated in the last quarter of 2020, making the country one of the fastest growing economies amid the Covid-19 pandemic, according to the World Bank. … [Read more...] about Vietnam one of fastest growing economies amid pandemic: WB