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Vietnamese airlines offer promotions at VITM National flag carrier Vietnam Airlines and budget airline Jetstar Pacific will launch various promotional programmes at the Vietnam International Travel Mart (VITM) 2019, which will take place from March 27-30. Vietnam Airlines on March 25 said it will present 4,000 promotional codes for visitors who purchase online tickets at the event.  The carrier is set to offer discounts of up to 50 percent for domestic and 30 percent for international flights to Australia, Asian and European nations. Other promotions will be introduced at the event such as weekend sales, among others. Meanwhile, Jetstar Pacific will launch 11,000 cheap tickets for domestic and international flights. The prices will start at 11,000 VND (about 0.5 USD), excluding taxes and fees. The two airlines will also work with travel agencies to introduce tour packages with special prices as well as their products and services for visitors of the VITM. During the event, Jetstar … [Read more...] about BUSINESS NEWS IN BRIEF 27/3

Binh Duong expects big jump in 2019 economic development The southern province of Binh Duong is expected to make a breakthrough progress in socio-economic development in 2019 thanks to its recent strong growth.  Speaking at the meeting of the provincial People’s Council recently, Vice Chairman of the provincial People’s Committee Mai Hung Dung affirmed that the locality has continued to record positive changes in almost all fields in 2018.  Binh Duong’s gross regional domestic product (GRDP) is estimated to increase 9.01 percent, compared to the target of 8.5 percent, while GRDP per capita reached 130.8 million VND per year.  Export-import activities maintained a high growth, resulting in a trade surplus of over 4.7 billion USD.  By November 15, Binh Duong attracted over 52.8 trillion VND (over 2.26 billion USD) of domestic investment, and 1.69 billion USD of foreign investment, representing respective increases of 25.3 percent and 20.9 percent … [Read more...] about BUSINESS NEWS IN BRIEF 26/12

Vietnam’s rice exports hit 5.2 million tonnes in ten months Vietnam shipped abroad 264,000 tonnes of rice in October this year for 136 million USD, pushing the total figures so far this year to 5.2 million tonnes worth 2.6 billion USD, up 1.7 and 14.1 percent year-on-year. China remained the leading importer of Vietnamese rice with a growth rate of 24 percent. Strong rises were also seen in many other markets, such as Indonesia, Iraq, the Philippines, and Malaysia. Average rice prices in the first nine months of 2018 reached 503 USD per tonne, up 13.7 percent year-on-year. The highest price was recorded for Jasmine rice with 575 USD per tonne, followed by Japonica with 526 USD per tonne. The export of medium- and high-quality rice increased, while that of low quality types reduced, now accounting for just 2 percent of the total export volume. [Video: Vietnamese rice now top quality on the international market] On October 18 this year, the Philippines closed its bidding and … [Read more...] about BUSINESS NEWS IN BRIEF 11/11