Economic recovery and growth plan

However, it is myopic, unsustainable, and potentially counterproductive. The current lack of co-ordinated action at both regional and global level is not only concerning, but also surprising. If the virus is not eradicated in every country, every country will lose because sooner or later the disease will reappear and thus continues the prolonged economic meltdown. An economic crisis caused by a virus that ignores borders cannot be tackled successfully like this. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis

On account of the registration fee cut, however, many dealers say that the Honda CR-V will lose many of its advantages and even have to join a price war with domestically assembled vehicles. CR-V vehicles are now priced between VND983 million ($42,700) and VND1.1 billion ($47,500), and customers in Hanoi have to pay VND118-131 million ($5,100-5,700) registration fee, while customers only need to pay about VND60 million ($2,600) for a locally built rival Mazda CX-5 or a Hyundai, as registration fees have been cut by 50 per cent for domestically-produced cars. This shows that the future of Honda CR-V in Vietnam is uncertain as price is still a determining factor in sales in the market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

According to the statistics of the Civil Aviation Authority of Viet Nam (CAAV), from April 19 to May 18, airlines in Viet Nam served over 8,600 flights on domestic routes. That number of flights rose nearly double compared month on month and Vietjet has resumed all of its domestic routes at full capacity. … [Read more...] about Vietjet fully returns to domestic skies at full capacity

According to the statistics of the Civil Aviation Authority of Viet Nam (CAAV), from April 19 to May 18, airlines in Viet Nam served over 8,600 flights on domestic routes. That number of flights rose nearly double compared month on month and Vietjet has resumed all of its domestic routes at full capacity. … [Read more...] about Vietjet returns to domestic skies at full capacity

Vietjet’s first officer Phan Phuong An said flights connecting big cities like Hanoi, Ho Chi Minh City, and Danang were mostly fully loaded. “Returning to the sky with these beloved Jets, I am delighted to fly people again throughout the country. The pandemic has been contained in Vietnam and many other countries will soon be pandemic-free, too. Step by step I believe that the aviation industry will strongly recover,” said Phuong An. … [Read more...] about Vietjet returns to Vietnam’s clear blue skies