Vietnam aviation market

A woman performs a transaction on mobile phone at Bao Viet Securities' office. — VNA/VNS Photo The stock market is expected to see more investment opportunities for the medium and long term in the second quarter of 2023, according to analysts. In its latest report, BSC Securities Company said that the market witnessed strong divergence among industry groups in the first quarter of the year. Particularly, the financial, material, and energy sectors all posted better performances than the benchmark VN-Index. The securities firm also lowers its GDP growth forecast to 5.8 per cent in the positive scenario, compared to 6.7 per cent in early 2023, and to 5.3 per cent in the negative scenario, the report said. Many signs show that production activity is weakening while the real estate industry is still facing many challenges. In the first four months of the year, import and export value growth also declined. However, the macro situation has shown some positive signs, as inflation … [Read more...] about Stock market sees signs of rallies in the second half

The national flag carrier of Vietnam stands at the 20th position in the rankings. AirlineRatings.com considered safety and government audits, the age of airline fleets, passenger reviews, profitability, investment rating, products and services, and staff relations to compile the list. In 2022, Vietnam Airlines received many domestic and international awards, including the world's leading cultural airline and Asia's leading airline - economy class of the World Travel Awards. It also had its air transport service recognized as a national brand by the Ministry of Industry and Trade and the National Brand Council. Continually posting double-digit growth over 30 years of development, except for the pandemic-hit period, Vietnam Airlines is taking the lead in the aviation market of Vietnam, one of the fastest growing domestic markets in the world. It is working to become a leading five-star international airline in Asia. … [Read more...] about Vietnam Airlines among world’s top airlines for 2023

Prime Minister Pham Minh Chinh (R) hosts a reception in Hanoi on May 23 for Slovenian Deputy Prime Minister and Minister of Foreign and European Affairs Tanja Fajon . Hanoi (VNA) – Prime Minister Pham Minh Chinh hosted a reception in Hanoi on May 23 for Slovenian Deputy Prime Minister and Minister of Foreign and European Affairs Tanja Fajon. PM Chinh spoke highly of the results of the talks between the Slovenian official and Minister of Foreign Affairs Bui Thanh Son , and her meeting with Minister of Industry and Trade Nguyen Hong Dien , as well as the Vietnam-Slovenia business in Ho Chi Minh City. The PM noted his belief that Fajon’s official visit to Vietnam from May 22-23 will contribute to advancing the traditional friendship and good cooperation between the two countries across spheres. Vietnam always attaches importance and wishes to enhance the multi-faceted cooperation with Slovenia, one of its traditional friends in Central-Eastern Europe, he … [Read more...] about Vietnam wants to step up multi-faceted cooperation with Slovenia: PM

A woman performs a transaction on mobile phone at Bao Viet Securities' office. (Photo: VNA) Hanoi (VNS/VNA) - The stock market is expected to see more investment opportunities for the medium and long term in the second quarter of 2023, according to analysts. In its latest report, BSC Securities Company said that the market witnessed strong divergence among industry groups in the first quarter of the year. Particularly, the financial, material, and energy sectors all posted better performances than the benchmark VN-Index. The securities firm also lowers its GDP growth forecast to 5.8% in the positive scenario, compared to 6.7% in early 2023, and to 5.3% in the negative scenario, the report said. Many signs show that production activity is weakening while the real estate industry is still facing many challenges. In the first four months of the year, import and export value growth also declined. However, the macro situation has shown some positive signs, as … [Read more...] about Stock market sees signs of rallies in second half

U.S. plane maker Boeing will boost its investment in the aircraft part supply chain in Vietnam, Steve Biegun, senior vice president of global public policy at The Boeing Company , told Vietnamese Minister of Industry and Trade Nguyen Hong Dien on the sidelines of the 2023 Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting in the United States, which wrapped up on Friday. Seeing the importance of the Vietnamese market for Boeing’s business strategy, the aerospace company has opened an office in Hanoi to deepen its cooperation with Vietnamese airlines and expand its cooperation in air transportation and helicopter supply, Biegun said. He affirmed that Boeing would invest in the supply chain of aircraft components and aviation equipment in Vietnam in the coming time. Minister Dien appreciated Boeing’s plan, expecting the plane maker to strengthen its partnership in the Southeast Asian nation to develop an aviation ecosystem, contributing to … [Read more...] about Boeing says will invest in aviation equipment supply chain in Vietnam

Deputy Secretary for Foreign Affairs and Trade of New Zealand Vangelis Vitalis speaks at the 8th meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC).(Photo:VNA) Hanoi (VNA) - Deputy Secretary for Foreign Affairs and Trade of New Zealand Vangelis Vitalis has expressed his belief in stronger trade ties between Vietnam and his country, saying that the two sides will expand their cooperation to other areas in the future. During an interview granted to the Vietnam News Agency, Vitalis spotlighted outcomes of the 8th meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC) recently held in Hanoi, stressing that the two sides focused on practical issues that benefit their businesses and people. According the Deputy Secretary, the two sides discussed customs procedures to make it easier for both sides' businesses to export goods to each country, during which they underlined the need for electronic certification and the … [Read more...] about New Zealand highly values potential for cooperation with Vietnam

The national flag carrier of Vietnam stands at the 20th position in the rankings. AirlineRatings.com considered safety and government audits, the age of airline fleets, passenger reviews, profitability, investment rating, products and services , and staff relations to compile the list. In 2022, Vietnam Airlines received many domestic and international awards, including the World's Leading Cultural Airline and Asia's Leading Airline - Economy Class of the World Travel Awards. It also had its air transport service recognized as a national brand by the Ministry of Industry and Trade and the National Brand Council. Continually posting double-digit growth over 30 years of development, except for the pandemic-hit period, Vietnam Airlines is taking the lead in the aviation market of Vietnam, one of the fastest growing domestic markets in the world. It is working to become a leading five-star international airline in Asia. Source: VNA … [Read more...] about Vietnam Airlines a star among world’s top airlines for 2023

PM Pham Minh Chinh spoke highly of the results of the talks between the Slovenian official and Minister of Foreign Affairs Bui Thanh Son, and her meeting with Minister of Industry and Trade Nguyen Hong Dien, as well as the Vietnam-Slovenia business in Ho Chi Minh City. The PM noted his belief that Fajon’s official visit to Vietnam from May 22-23 will contribute to advancing the traditional friendship and good cooperation between the two countries across spheres. Vietnam always attaches importance and wishes to enhance the multi-faceted cooperation with Slovenia, one of its traditional friends in Central-Eastern Europe, he affirmed. For her part, Fajon expressed her impression for Vietnam’s socio-economic achievements, and stressed that Slovenia wants to foster its cooperation and traditional friendship with Vietnam, a leading important partner of Slovenia in the region. PM Pham Minh Chinh rejoiced at the positive development of the bilateral ties over the past time, and … [Read more...] about Vietnam wants to step up multi-faceted cooperation with Slovenia: Prime Minister

Co-chaired by Thang and  Deputy Secretary for Foreign Affairs and Trade of New Zealand Vangelis Vitalis, the meeting focused on reviewing bilateral cooperation in  trade, investment, agriculture, education and training, tourism, aviation, and labor. The two sides applauded the efforts and close cooperation between ministries and sectors of both sides in implementing agreements on economic and trade cooperation signed by the two countries' leaders. Trade between Vietnam and New Zealand has grown strongly since the two countries established the comprehensive partnership in 2009, with an annual average growth rate of 14.2%. Vietnam is now New Zealand's 13th largest trade partner. The two-way trade hit 1.2 billion USD in 2022, up 14% year-on-year. New Zealand has so far had 39 valid direct investment projects in Vietnam with a total registered capital of over 209.7 million USD, ranking 39th among 143 countries and territories investing in Vietnam. Meanwhile, Vietnam has 11 … [Read more...] about Large room for Vietnam, New Zealand to boost trade, investment ties: official