International business news headlines

Hanoi (VNA) – Hanoi will carry out an array of industry and trade development measures with a view to building Hanoi into an international trade hub in the region and the country, as well as concretising the resolution adopted at the municipal Party Organisation’s 17th congress. … [Read more...] about Hanoi envisages to become international trade hub

According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021

Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines

Vietravel Airlines has hired some 200 pilots and flight attendants, and is looking to expand its fleet to 30 to prepare for international operations, flying to Southeast Asia, especially Thailand, the Middle East and Northeast Asia, markets that Vietravel, the travel company that owns it, serves. … [Read more...] about Vietravel Airlines to start flying next Monday

The Party official also said the CPV had paid special attention to personnel work, considering it a key task. Personnel preparations had been carried out thoroughly to ensure candidates who have firm political mettle, pure morality, outstanding capacity and strategic vision would be elected to the 13th Party Central Committee. … [Read more...] about Diplomatic corps, int’l organisations informed about upcoming National Party Congress