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Vietnam-Laos trade records impressive growth in 2022

Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of their leaders at the 44th meeting of the Vietnam – Laos Inter-Governmental Committee on Bilateral Cooperation earlier last year. Vientiane (VNA) – Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the […]

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Vietnam: Challenges for banks ahead

Many banks might have recorded positive profit growth in 2022. But challenges are awaiting them this year given negative factors such as high interest rates and bad debt. Rising interest rates On January 5, 2023, VietinBank said it was looking to obtain VND19.45 trillion in pre-tax profit in 2022, up 15.4% from 2021. At its […]

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Vietnam: Airline on-time performance tops 95% in January

The on-time performance (OTP) of Vietnamese airlines stood at 95.3% in January, down 0.9 percentage points from the previous month, while the number of flights increased 15.6%, said the Civil Aviation Authority of Vietnam (CAAV). Bamboo Airways posted the best OTP, at 96.4%, followed by the national flag carrier Vietnam Airlines 95.9% and Vietjet Air 95%. The […]

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