Vietnam 

IndiGo to start two direct routes from India to Việt Nam – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  India low cost airlines IndiGo. — Photo courtesy of IndiGo HÀ NỘI — India low cost airlines IndiGo will launch the first ever direct flights between India and Việt Nam next month, according to a Việt Nam News Agency correspondent in New Delhi. The route between Kolkata and Hà Nội City will start on October 3 while the route between Kolkata and HCM City will start on October 18, 2019. According to the airline’s website, prices will be around US$150 for a one-way ticket. IndiGo’s Chief Commercial Officer William Boulter…

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China 

US trade war having ‘little direct impact’ on China economy, experts warn at Washington hearings

Experts on US-China relations have advised that the 14 month-long trade war has had “little direct impact on China’s economy” and warned that “it would take a truly massive economic shock to threaten” Chinese President Xi Jinping’s power.Instead, experts told a congressional hearing, China’s underlying structural challenges – such as high debt levels – pose greater problems to Beijing’s long-term economic goals. However, it was also suggested that the trade war could cause damage to the Chinese… Source link

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Vietnam 

Bamboo Airways eyes direct US flight – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Experts discuss the potential of opening a Việt Nam-US direct flight. — VNS Photo HÀ NỘI — The Việt Nam-US direct flight would not sustain losses if it has reasonable fares and a stable number of passengers, said Trịnh Văn Quyết, chairman of FLC Group and general director of Bamboo Airways. Quyết told a seminar on ‘Việt Nam-US direct flight: ready for take-off’ held in Hà Nội on Thursday that Bamboo Airways was determined to be pioneer to open the Việt Nam-US direct route. He affirmed that the airline has…

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Vietnam 

Up-coming seminar: “Việt Nam-US direct route: ready for taking off” – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  An aircraft of Bamboo Airways. Five Vietnamese airlines are exploiting 50 domestic routes connecting Hà Nội, Đà Nẵng and HCM City with 18 local airports in the local market. — Photo flc.vn HÀ NỘI — The Việt Nam Association on Aviation Science and Technology and Bamboo Airways plan to hold a seminar on opportunities and challenges when opening Việt Nam-US direct flights. ‘Việt Nam-US direct flight: ready for taking off’ will be held on August 1 at Bamboo Airways Theater, 36th Floor, Bamboo Airways Tower, 265 Cầu Giấy Street, Hà Nội. In February…

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Vietnam 

New Đà Nẵng-Kaohsiung direct flight to launch – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Jetstar Pacific will launch three direct flights a week between Đà Nẵng and Kaohsiung, Taiwan in August. — Photo vietnambiz.vn ĐÀ NẴNG — Low-cost carrier Jetstar Pacific will launch three direct flights a week between the central city of Đà Nẵng and Kaohsiung, Taiwan from August 10. Representatives of the airline said it’s the second direct air route between the city and Taiwan after the first Đà Nẵng-Taipei was opened with five flights per week in 2016. The airline said it would operate the route using a 180-seat Airbus A320…

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China 

Foreign direct investment rise shows ‘no such thing’ as a large number of foreign firms pulling out of China

Foreign direct investment in China rose to US$70.4 billion in the first half of 2019, 3.5 per cent higher than a year earlier, showing “there’s no such thing that a large numbers foreign investors are pulling out of China”, the Ministry of Commerce said on Thursday.In yuan terms, foreign direct investment rose 7.2 per cent to 478.3 billion yuan in the first six months of 2019, the same growth rate as in the first five months.In June, foreign direct investment rose 3 per cent from a year earlier… Source link

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Home 

Vietnam and India see explosion in direct investment from China as tech suppliers shift production overseas, says Goldman Sachs

Vietnam and India have seen an explosive surge of investment from Chinese companies shifting their production capacity abroad as they try to minimise the affects of the trade war, research by Goldman Sachs has found.“The trade tariffs between the US and China serve as a pressing driver for companies to have part of their production overseas”, said the investment bank’s report issued last Thursday.Cheap labour and land costs are the main driving force behind relocation of factories, but the… Source link

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Vietnam 

Việt Nam gathers opinions on direct power purchase agreement – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Participants at the Public Consultation Workshop on DPPA Design and Pilot Planning for Việt Nam. — Photo World Bank HÀ NỘI — The Ministry of Industry and Trade (MoIT) and the US Embassy on Wednesday introduced a proposal for a Direct Power Purchase Agreement (DPPA) in Việt Nam. This new policy is expected to allow businesses in Việt Nam to procure electricity directly from private firms producing renewable energy and enable them to power their operations with 100 per cent renewable energy. During the development of this innovative mechanism, the…

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Vietnam 

US to approve direct flights from Việt Nam – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vietnam Airlines, budget airline Vietjet Air and newcomer Bamboo Airways have expressed a desire to fly to the US. — Photo zing.vn Viet Nam News HÀ NỘI — The United States’ Federal Aviation Administration (FAA) is expected to grant a Category 1 rating to Việt Nam soon, allowing its airlines to fly to the US and codeshare with US carriers, according to the Straits Times. National flag carrier Vietnam Airlines, budget airline Vietjet Air and newcomer Bamboo Airways have expressed a desire to fly to the US. There are…

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Vietnam 

Nagoya-Đà Nẵng direct flight set to launch in 2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A new terminal was opened at Đà Nẵng international Airport to host the increasing number of tourists visiting the city. A new direct flight between Đà Nẵng and Nagoya, Japan will launch later in 2019. — VNS Photo Trần Lê Lâm Viet Nam News ĐÀ NẴNG — The central city’s international airport administration, in co-operation with Chubu Centrair airport, Japan, plans to launch daily direct flights connecting Đà Nẵng and Nagoya later this year. Director of Đà…

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