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Nguyen Thai Hai Van, CEO of Grab Vietnam, also put forward several initiatives to alleviate the inconvenience for drivers and passengers, which include the coordination between ride-sharing firms and the Tan Son Nhat authority to ensure order in the suggested separate lane, as well as a 3-minute time limit for each vehicle to pick up passengers. … [Read more...] about Grab proposes pay-per-entry lane dedicated to app-based cars at Saigon airport

Moreover, a credible local rating agency is a key missing ingredient in Vietnam’s corporate bond market. The Ministry of Finance has repeatedly raised its concern on high risks associated with high yield corporate bonds. Bondholders, on the other hand, might be left empty-handed if the companies fail to pay back the debt. … [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

The expressway project was carried out in two phases under the BOT format, with the first phase costing over VND1.9 trillion and being completed in 2015. In the second phase, the expressway was expanded from four to six lanes with a total investment of VND4.8 trillion and was completed in 2018. … [Read more...] about Expansion proposed for Phap Van-Cau Gie expy

This was a record loss in the history of Vietnam Airlines. The loss is expected to decrease by VND2.8 trillion when the carrier completes the procedures to adjust depreciation, and allocation of expenses on repair and maintenance in accordance with the government’s policy to help it overcome current difficulties. … [Read more...] about Earning VND10 trillion within two months, ‘boss Thuy’ enters top list of billionaires