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Business

248 aircraft registered under Vietnamese nationality: CAAV

The Civil Aviation Authority of Vietnam has registered 248 aircraft under Vietnamese nationality so far this year, up six from the same period last year.

Dollar softens after rally but Asian stocks struggle to recover

The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, including a record high versus the pound, though equity traders struggled to claw back recent losses owing to recession fears.

Lengthy visa process a setback for FDI firms

A cumbersome visa process is holding back projects funded by foreign direct investment, according to insiders.

Ample room ahead to boost Vietnamese shrimp exports

Changes in the global geopolitical landscape coupled with economic inflation has made seafood trade increasingly challenging, including shrimp products, although experts believe that Vietnamese shrimp still has many opportunities ahead for growth amid this turbulent cycle.

Huge potential for luxury real estate in Vietnam

The branded residence market is gaining a stronger foothold in the Vietnamese market with potential to further develop, shaping the lifestyle of the country’s elite, according to experts.

Vietnam Airlines named among world’s Top 100 Airlines in 2022 by Skytrax

The national flag carrier Vietnam Airlines has been ranked 48th in the World's Top 100 Airlines in 2022 announced at the World Airline Awards by Skytrax.

Vietnam’s economic growth counts on high-tech FDI

Vietnam’s economic growth has been accelerating in 2022, with experts considering high-tech foreign investments as a driver.

Bad debts remain a challenge for banks in Q4 2022

Besides interest and exchange rates, non-performing loans are also a concern for banking activities in the remaining months of 2022, experts have warned.

More Business

Deputy PM talks with US business community(09/23/2022)
Central bank of Vietnam raises interest rates to rein in inflation(09/23/2022)
Japanese businesses poised to increase investment in Vietnam(09/23/2022)
Asian markets tumble further as Fed hikes rates, warns more to come(09/22/2022)
Asia must improve digital environment for entrepreneurs(09/22/2022)
Vietnam Business Integrity Index launched(09/21/2022)
ADB believes strong economic fundamentals key to fast recovery in Vietnam(09/21/2022)

Ministry proposes removing coal plants from energy plan

The Ministry of Industry and Trade has suggested the Government remove coal-fired plants with a capacity of 14,120 megawatts from Power Development Plan VIII (for 2021-30), which is currently being drafted.

Finance

Vietnam, Italy seek broader trade and economic co-operation

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry.

The State Bank of Vietnam has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

Despite the negative impact of the COVID-19 pandemic, the remittance flow to the country throughout 2021 reached more than US$12 billion, an increase of 10% compared to 2020, according to data published by the State Bank of Vietnam (SBV).