According to the update at 8:10 AM on March 28 (Hanoi time), the price of Pertamax gasoline (equivalent to the 92 gasoline product line in Vietnam) listed by PERTAMINA Group in the Indonesian market ranges from (9,000 – 9,400 IDR ), about 14,345 – 14,982 VND). Data on Kata Data also shows that Pertamax sells only IDR 9,000, the lowest price of petrol on the market. Meanwhile, rival V-Power 92 (from Shell) a liter is sold for IDR 12,990 (20,678 VND, higher than the price of Vietnamese gasoline). According to Kompas (Indonesia) on Sunday, the new movement in gasoline prices…
Author: Kevin Le
Recently, the Financial Times released a list of 500 high-growth companies in Asia-Pacific for 2022. Loship is the only Vietnamese startup to enter the top 50. Loship ranks 47th and is also the first Vietnam-based startup to hold the highest position since the inauguration of the FT ranking. LoshipVietnam’s leading quick-commerce startup, has been recognized by Financial Times in the top 500 high-growth companies in Asia-Pacific 2022. Notably, Vietnam has a total of 4 companies entering the FT ranking this year, two of which are in the top 100 to stand. Accordingly, Loship ranks 47th, the highest ranking among the…
Since Russia invaded Ukraine, many Western oil companies, as well as traders, shippers and bankers have stayed away from Russian oil. But a new report from CNN indicates that demand for Russian crude oil may be rising again — in relative secrecy. Russian tankers carrying oil and petroleum products have disappeared from tracking systems. Dark activity, or when a ship’s transponders are turned off for at least a few hours, is 600% higher than before the war in Ukraine started, maritime risk management firm Windward told CNN. “We are seeing a spike in Russian tankers deliberately shutting down the transmission…
Author Claire Boobbyer of The Times has made 7 recommendations on travel to help foreign tourists fully discover Vietnam’s hidden beauty. According to Boobbyer, Vietnam – one of her favorite destinations in Southeast Asia – has officially reopened to foreign tourists since mid-March. If you are a tourist who has ever had the chance to set foot in Vietnam, you are sure to miss out on delicious street food such as pho, tender meat rolls or crispy golden pancakes. But if you’ve never set foot in this “S-shaped country”, Vietnam deserves to be the top destination on your list of…
According to the 2021 Spatial Cost of Living Index (SCOLI) report, the Mekong Delta region has the lowest SCOLI index in the country for many years, only 95.12% Red River Delta region. Among the 11 major commodity groups, there are 8 commodity groups with average prices that are lower than the average price of the Red River Delta. The main reason is that this is an area with flat terrain, favorable climatic and hydrological conditions for intensive farming to increase crops in agricultural production. low price. Specifically, the group of food and catering services is equivalent to 92.57% of the…
Vietnam offers favorable conditions for foreign investors for many reasons, such as: strategic location, sufficient staff with competitive labor costs and a relatively open environment. A number of investment projects worth billions of dollars have been registered, demonstrating continued growth in the economy and industrial real estate sector. Nikkei Asia quoted Phil Davis of Amazon Web Services as saying that Amazon plans to expand its data center network in Asia-Pacific by building local data centers. Amazon has announced it will build 10 local data centers in six countries, including Australia, India, New Zealand, the Philippines, Thailand and Vietnam. Amazon will…
The data shows how the economy continues to change after the pandemic. Despite the headwinds of the various COVID-19 variants, Vietnam’s economy is recovering Vietnam reported an estimated trade value of $176.35 billion in the first quarter of this year, up 14.4 percent year on year, with a trade surplus of about $809 million, according to the General Bureau of Statistics. Specifically, export revenue was $88.58 billion, an increase of 12.9 percent, while import revenue was $87.77 billion, an increase of 15.9 percent, the office said Tuesday. ###: How about you about the market entry strategy for Vietnam? Data from…
Home to Ha Long Bay, the northeastern border province of Quang Ninh, will launch its highly anticipated nightlife cruise on April 28 to boost local tourism, the Voice of Vietnam (VOV) reported. According to the report, an entertainment street will be set up along both sides of the jetty of Ha Long International Passenger Port to serve restaurants and shore excursions. There will be 30 cruise ships selected to participate in the nightlife from 6:00 PM to 10:00 PM. Visitors can eat and drink on these ships that either stop at the dock or take tourists around the coastal area.…
After falling in business on March 21, gasoline prices are expected to rise again on April 1, when world oil continues to fluctuate. Late last week, the price of Brent oil was trading at USD 120.7/bbl and WTI at USD 113.9/bbl. Over the week, Brent was up more than 11.5% and WTI was up 8.8%, marking a bullish week for oil. With this continuing supply shortage, world experts predict that the oil price will rise further next week. According to the Ministry of Industry and Trade, the world price for petrol has risen sharply recently. On March 24, the average…
The number of foreign arrivals in Vietnam in March is on the rise as tourist activities have fully reopened to both international and domestic tourism, via air, road, rail and sea routes. Vietnam received nearly 91,000 international arrivals between January and March, an 89.1 percent year-on-year increase, mainly due to the reopening of international tourism activities and the resumption of several regular flights, according to the General Statistics Office (GSO) report. ###: Vietnam has resumed operation of e-visa system for citizens of 80 countries as country fully reopens to international tourists During the period, foreign visitors entering the country accounted…