The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, bus is the world?
28 bus route
A report tabled at a recent meeting showed that only 10.3 percent of the funds earmarked for this year, or 3.48 trillion VND (149.3 million USD), had been disbursed in the first quarter, much lower than in other localities in the Southern Key Economic Region and putting it among localities with the country’s lowest disbursement rates. … [Read more...] about BUSINESS NEWS HEADLINES MAY 24
HCM City (VNA) - Vietjet is offering more than 2 million super-saver tickets priced from only 1,600 VND on all 45 of its domestic routes, the airline announced on May 24. The programme aims to celebrate International Children's Day on June 1 and Vietnamese Family Day on June 28. "This is a gift from Vietjet so children and their families can experience a joyful summer and connect in all parts of the country," Vietjet said in a statement. The tickets will be available between May 25 and June 1, 2020 on www.vietjetair.com and the Vietjet Air mobile app. The flight period will run from June 1, 2020 to December 31, 2020 (excluding national holidays). Earlier this month, the airline also launched a promotional campaign with more than 200,000 tickets priced at zero VND on all routes until June 30. From now until June 30, each Vietjet flight will have 25 … [Read more...] about Vietjet offers promotional tickets to celebrate Int’l Children’s Day
With 45 domestic routes covering the country and an on-time performance rate of 97.4 per cent, Vietjet is in position to stimulate domestic tourism and create favourable conditions for people to travel after the COVID-19 pandemic. — VNS … [Read more...] about Vietjet sells promotional tickets to celebrate Int’l Children’s Day
To deal with the problem, the Ministry of Transport in mid-May started a long-awaited VND7 trillion ($304.35 million) package to upgrade the North-South railway network. However, it will take the railway industry about two years to finish, meaning that the technology application for infrastructure cannot proceed right away. “The upgrading will be completed in late 2021. The railway industry will face difficulties to keep the frequency and capacity of train operation during the period,” VNR chairman Vu Anh Minh told VIR. “Even completed, technology application remains a hard task because of unsynchronous and not-modern-enough infrastructure.” … [Read more...] about BUSINESS NEWS HEADLINES MAY 25