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Authorities to inspect transport business licences of domestic airlines
The Ministry of Transport has directed the Civil Aviation Authority of Vietnam (CAAV) to inspect domestic airlines' transport licences.
Vietnam urged to ensure exports to Asian, African markets in 2023
Vietnamese exporters need to ensure their capacity and maintain existing export markets, typically Asian and African outlets, amid many challenges in 2023, a senior trade official has said.
HCM City ranks among top markets for data centre development
Ho Chi Minh City is ranked among the top markets in the land price category for data centre development, experts said.
Banks suffer big losses from securities trading in 2022
Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.
Car prices fall sharply in the first months of the year
A number of large manufacturers slashed car prices early this year, signaling fierce competition in the Vietnamese auto market.
Investors urged to restructure investment portfolio amid challenging environment
Although significant challenges remain for the economic and investment environment in Vietnam, there are still opportunities for investors to increase profits through investment channels if they know how to restructure their portfolio, experts have said.
Record number of Vietnamese runners qualify for Boston 2023
A record number of 10 Vietnamese runners will join 30,000 international athletes, including world record-holder Eliud Kipchoge, at the 2023 Boston Marathon, the world's oldest annual marathon event.
Appropriate foreign ownership limit at banks expected to attract investment
Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.
Petrolimex to disinvest in PG Bank
Vietnam National Petroleum Group (Petrolimex) just approved the resolution of the Board of Directors on a plan to disinvest in Petrolimex Group Commercial Joint Stock Bank (PG Bank).
Textile industry faces headwinds in 2023 after poor results in Q4
The profits of Vietnamese textile and garment enterprises were diverse in the fourth quarter, with many big names posting great losses.