The general director of the low-cost air carrier Jetstar Pacific (JPA) Le Hong Ha said the airline has recorded a profit for the first time after three years of operation.

The Central Institute of Economic Management (CIEM) said that government debt of VND30 trillion to the State Bank of Vietnam (SBV) put pressure on monetary policy.

VietNamNet's Hoang Huong recently took a trip to the Mekong Delta to learn about the impact of climate change in Vietnam's largest granary. Below are photos taken by Huong a few days ago.

Priced at slightly above the selling prices of Chinese goods and better in quality, Thai consumer products have dislodged Chinese goods out of Vietnam and competed fiercely with Vietnamese products.

The love of one man for the craftsmanship of a traditional village located in the outskirts of Hue has yielded strong attention from tourists visiting the country’s former imperial capital city, who regard the ritual craft as art.

The State Bank’s policies on the dollar have influenced consumers, many of whom are  not saving gold to preserve their assets. However, they continue to hold dollars.

The process of moving capital, existing potential and the pressure of reforms are identified as favorable conditions for Vietnam to become the world’s new factory.

Vuong Dinh Khoat, general director of Ho Chi Minh City-based Hugo Company, said in Tuoi Tre that the high shipping cost has caused problems.

The great advantage of the service is that passengers, who just need to have a smartphone with a 3G or internet connection, can call a taxi within the shortest possible time, know their itineraries in advance, and calculate the service fees they have to pay. 

About three million people in Vietnam are classified as middle class, whose average property is worth about US$18,074, according to Credit Suisse.