Ha noi

StarLux Airlines of China's Taiwan began operating the first flight from Taipei to Ha Noi on January 13. — Photo NIA StarLux Airlines of China's Taiwan began operating the first flight from Taipei to Ha Noi-based Noi Bai International Airport on Friday, marking the launch of a new route between the two cities. The flight will be conducted on a daily basis and last for three hours. The opening of the new route, which connects Ha Noi with the largest urban area of Taiwan, is expected to promote cooperation in terms of tourism development as well as economic, cultural and educational exchanges between the two sides. The carrier is the first international airline to open a regular route to Ha Noi in 2023 and one of the five international airlines to open a route to Ha Noi after two years of being affected by the COVID-19 pandemic. Earlier, airlines such as Thai Smile Airways, Fly Gangwon, and Myanmar Airways launched routes to Ha Noi. With the presence of Starlux Airlines, Noi … [Read more...] about Taiwan’s StarLux launches route to Ha Noi

Ho Chi Minh City Public Lighting Joint Stock Company (SAPULICO or CHS) operates in the field of management and maintenance of public lighting systems, traffic lights, construction of public works, and other construction systems. — Photo chieusang.com.vn There are now many enterprises on UPCOM with small charter capital but a great amount of land funds. With low business performance and low stock market price, the businesses can become the targets of other big companies. With a charter capital of only VND145 billion (US$6.18 million), Ha Noi Food Joint Stock Company (HAF) holds many real estate assets located in the capital’s central areas, including 11 commercial centres, supermarkets and convenience stores; as well as eight hotels, restaurants, and food service establishments. Some prominent land areas include 736sq.m at 51 Le Dai Hanh Street; 164.5sq.m at 46 Luong Ngoc Quyen; 347.6sq.m at 7 Dinh Liet; and 200sq.m at 30 Hang Dao. HAF also has other real estate facilities … [Read more...] about Weak finance-backed companies possess large land funds

A digital screen showing trading information in the Ho Chi Minh Stock Exchange. — VNA/VNS Photo Hua Chung The stock market traded in a narrow range last week, with most industries experiencing a divergence trend. Experts believe that in the period before the Lunar New Year, the index will fluctuate in a narrow level, but investors can still look for opportunities in short-term positions. The market’s benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) ended the week at 1.060.17 points, while the HNX-Index on the Ha Noi Stock Exchange (HNX) closed at 211.26 points. Both benchmarks gained for the week, with the VN-Index rising 0.8 per cent and the HNX-Index up 0.3 per cent. Liquidity also did not have a big change, partly reflecting the cautious sentiment of investors in the trading sessions before Tet. Specifically, the average matching volume on HoSE reached nearly 436 million shares per session, down 20.65 per cent over the previous trading week, while the HNX's … [Read more...] about Trading in tight range ahead of Tet holidays

Investors at the trading floor of VNDirect Securities Co (VND). VND soared 6 per cent on Tuesday. — Photo courtesy of VNDirect Vietnamese equities closed sharply higher on Tuesday, bolstered by a dramatic injection of cash flow into banking and securities. The market’s benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) ended the day at 1,088.29 points, an increase of 2.03 per cent. The breadth of the market stayed in positive territory, with more stocks gaining points. Specifically, 352 stocks advanced on the southern bourse, while 69 stocks inched lower. Investors poured nearly VND11.7 trillion (US$499.3 million) into the southern exchange, equivalent to a trading volume of 673.9 million shares. The VN30-Index, which tracks the 30 biggest stocks on HoSE, also increased by 2.6 per cent, to 1,103.73 points. Twenty-nine stocks in the VN30 basket witnessed positive performance on the trading day, while only one tumbled. Strong cash flow poured into blue-chips, … [Read more...] about Shares make large gains on banking, securities stocks

Illustrative photo (Source: VNA) Hanoi (VNA) – The Noi Bai international airport in Hanoi has got plans readied in anticipation of a strong surge in passenger throughput in the upcoming Lunar New Year festival (Tet), the biggest traditional event in Vietnam. According to a representative of the airport, on the peak day of the holiday (from January 16 to 28), the numbers of flights and passengers could hit 580 and 104,000, respectively. Of the figures, there are some 180 international flights and 26,000 foreigners. However, both the flight and passenger volume are still lower than those reported on the peak day of last summer with 64 flights and 106,000 passengers. Noi Bai airport will raise the security level between January 16 and January 28; increase the number of security personnel by 20% compared to normal days; open all check-in counters; and operate security scanners at maximum level, among other works. The airport is also ready to implement COVID-19 … [Read more...] about Hanoi: Noi Bai airport ready for Lunar New Year travel surge

Inside a transaction office of Vietinbank in Ha Noi. The bank's shares jumped over 2.5 per cent on Tuesday, contributing to the market's bullish sentiment. — VNA/VNS Photo Tran Viet The market ended higher on Tuesday, but lost momentum from foreign capital flows as foreign investors net sold on the key southern bourse. The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) increased by 8.61 points, or 0.78 per cent to 1,111.18 points, recouping some of the previous session's losses. It had declined by 14.53 points on Monday. Analysts from Saigon - Hanoi Securities SJC (SHS) said that the market kicked off the Year of the Cat with a rally session and a strong correction. "However, according to our analysis, 2023 will probably be a positive year for the stock market. The market has escaped the downtrend and entered the recovery and accumulation zone before creating enough foundation to form a real uptrend," said SHS. "The opportunities are available for all types of investors. … [Read more...] about Bank stocks back market rally

A trader looks at the market's movements at an exchange. Shares plummeted on Wednesday due to stronger selling pressure. — VNA/VNS Photo The market reversed and fell sharply in Wednesday's trade, with many stocks hitting the floor prices. On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index lost 35.21 points, or 3.17 per cent, to 1,075.97 points. After recovering in the previous session, the index couldn't keep the momentum to end the morning trade with a decline of 4.75 points. The market's breadth inclined to a negative zone with 271 stocks on the southern market going down, of which 45 registered the biggest intra-day loss of 7 per cent, while 79 stocks advanced. Liquidity increased strongly over the previous session. Accordingly, the trading value on HoSE jumped to nearly VND35.4 trillion (US$751.5 million), equivalent to a trading volume of over one billion shares. The index was weighed by rising selling force, with many large-cap stocks locked in … [Read more...] about Market falls sharply on strong selling force

A French passenger was handed back a coat which contained EUR2,300 (USD2,530) that he had left at Noi Bai International Airport in Hanoi. On January 30, the man had left his coat at the airport’s Terminal 1 after finishing his check-in procedures for budget carrier VietJet Air’s flight VJ513 to the central city of Danang. The French passenger has been handed back his coat which contained EUR2,300 (USD2,530) A female staff member from Ha Linh Services JS Company found the coat and reported the problem to the airport’s security. Meanwhile, the French passenger informed the airline that he had lost his coat. On the same day, he received his coat with the money in from the airport’s security. The traveller expressed his great thanks to the airport’s management board. The airport has also proposed Ha Linh Service JS Company commend its female employee for reporting the found coat. Last year, 2,688 passengers had their personal items they had left at Noi Bai … [Read more...] about French passenger has coat and money returned from Noi Bai Airport

Vincom Pham Ngoc Thach in Ha Noi. Vincom Retail (VRE) and Vincom (VIC) rose 3 per cent and 1.1 per cent, respectively, yesterday. — VNS Photo Mai Huong The VN-Index edged up slightly on Thursday despite two-thirds of shares dipping in the red, driven by the growth of heavyweight shares. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index inched up 0.15 per cent to close the day at 1,077.59 points. The northern bourse’s index decreased more than 3 per cent on Wednesday. Two-thirds of shares on the HoSE lost value, mainly small- and mid-cap shares. From the perspective of industry groups, most of the groups underperformed, except for retail (up 4.2 per cent on average) and banking (0.6 per cent). Data on vietstock.vn showed 18 out of 25 stock groups recorded losses, led by seafood processing companies (down 2.3 per cent on average), agriculture, logistics, machinery, construction and household appliances with each decreasing more than 1 per cent. Blue chips were mixed. … [Read more...] about Heavyweight shares help stop market from a fall

For 2023, the sector targets GDP growth of 3 per cent and agro-forestry-fishery exports $54 billion. — VNA/VNS Photo Agriculture is an important pillar in building Viet Nam's independent and self-reliant economy associated with extensive and effective international integration, according to Prime Minister Pham Minh Chinh. The Government leader made the remarks while addressing the agricultural sector's conference on reviewing tasks in 2022 and setting goals for 2023, held by the Ministry of Agriculture and Rural Development (MARD) in Ha Noi on January 13. The PM said that in 2022, the agriculture and rural development sector has changed its mindset from "agricultural production" to developing an "agricultural economy". This is an important factor to contribute to growth and the comprehensive and sustainable development of agriculture. Production has been linked to the market with increased added value. The agricultural sector has nearly 9,000 products recognised as … [Read more...] about Agriculture an important pillar of the economy: PM