Passengers entitled to ticket refunds for delayed, canceled flights under Vietnam’s new regulations
EconomyPassengers will be entitled to full or partial ticket refunds when flights are delayed by four hours or more and they decline alternative departure arrangements, while passengers of canceled flights will also qualify for refunds under Vietnam’s new air transport regulations.
Vietnam Airlines launches nonstop Hanoi-Amsterdam route
EconomyVietnam Airlines on Monday officially launched its nonstop service between Hanoi and Amsterdam, becoming the first Vietnamese carrier to operate a direct route connecting Vietnam and the Netherlands.
Vietnam’s THACO, S.Korea’s Hyundai Rotem advance metro train production in Vietnam
EconomyVietnamese conglomerate Truong Hai Group Corporation (THACO) and Hyundai Rotem of South Korea have signed a detailed agreement on technology transfer and localization of metro rolling stock for Vietnam’s urban railway systems.
Vietnamese firm partners with 3 global aviation giants to develop $360mn aircraft MRO complex in northern Vietnam
EconomyVietnamese conglomerate Sun Group signed a joint venture agreement with three international aviation players, including HAECO, Japan Airlines, and Toyota Tsusho, on Tuesday to invest US$360 million in an aircraft Maintenance, Repair and Overhaul (MRO) complex at Van Don International Airport in Quang Ninh Province, northern Vietnam.
Vietnam’s air carriers expand international networks, grow fleets
EconomyVietnam’s aviation industry is entering a new phase of expansion, with major carriers launching new international routes, increasing flight frequencies, and accelerating fleet growth plans.
Toyota Corolla Altis ends 30-year journey in Vietnam
EconomyAfter three decades on Vietnamese roads, the Toyota Corolla Altis has officially been discontinued in Vietnam, closing a significant chapter in the country’s automotive history.
Vietnam’s booming P2P crypto market attracts traders despite mounting risks
EconomyVietnam’s peer-to-peer (P2P) cryptocurrency market is attracting a growing number of traders seeking profits from buying and selling USDT, the world’s largest dollar-pegged stablecoin, despite persistent risks including disputes, financial losses, scams, and bank account freezes linked to fraudulent transactions.
S.Korean restaurateur proposes establishing restaurant association in Vietnam
EconomyA South Korean community leader in Vietnam has proposed establishing a South Korean Restaurant Association to support businesses and improve communication with authorities, as the number of South Korean eateries continues to grow rapidly, particularly in Ho Chi Minh City.
Global fintech firms eye cross-border payment opportunities in Vietnam
EconomyAs a market with strong purchasing power from both domestic consumers and international visitors, Vietnam is attracting growing interest from global fintech firms seeking opportunities in the payment sector.
Foreign-invested sector set to contribute 30% of Vietnam’s GDP by 2045: Politburo resolution
EconomyVietnam aims for the foreign-invested economic sector to contribute around 30 percent of GDP and about 25 percent of total social investment by 2045, as per a Politburo resolution which underscores the sector’s importance and sets out measures to strengthen its development.
