The national consumer price index (CPI) rose by 1.38 percent in December over the previous month, the highest monthly increase this year. According to the General Statistics Office (GSO), the index has risen by 6.9 percent compared to the same period last year. Experts say that the strong increase in the CPI two months before the Lunar New Year (Tet), which comes around in mid-February next... 

HCMC – The country’s leading tour operator Saigontourist Travel Service Co. has overcome a challenging year for the travel industry and seen growth in revenue and a stable profit, the company leader said on Wednesday. The company has catered to 270,000 local and international tourists this year, down 40,000 year-on-year, but its revenue was equal to last year’s at VND950 billion while... 

Vietnam’s government has asked seven state-owned companies to “immediately sell” US dollars to banks in order to ease a dollar shortage and meet currency demands, according to a statement on the government’s website. Seven companies including Vietnam Oil & Gas Group, Vietnam National Coal-Mineral Industries Group, and Vietnam Airlines Corp. were asked to sell the currency to the nation’s... 

Private carrier Indochina Airlines (ICA) is completing final procedures to receive approval and new flight schedule to resume its domestic flights, possibly later than December 25 as earlier announced. Vo Huy Cuong, director of the Air Transport Department under the Civil Aviation Administration of Vietnam (CAAV), told The Saigon Times Daily on Tuesday ICA had met most requirements regarding financial...