Vietravel Airlines launches flights to Macau from Danang, Cam Ranh
Vietravel Airlines, Vietnam’s first carrier operated by a travel agency, has launched two direct services connecting Danang and Cam Ranh, popular beach tourist hubs in central Vietnam, with the world's biggest gambling hub Macau.
Its first VU1337 flight from Macau International Airport landed at Cam Ranh International Airport, around 40 kilometers from Nha Trang, on Thursday, bringing the first tourists from Macau to Vietnam since international tourism reopened in March last year.
Vietravel Airlines operates daily flights on the Danang-Macau and Cam Ranh-Macau routes.
Danang is famous for its long, sandy beaches and will host an international fireworks festival, one of Vietnam’s leading tourism events, from June 2. Cam Ranh is known for its pristine beaches and high-end resorts.
Vietravel Airlines is also working with authorities and partners to launch flights to Taiwan, mainland China, South Korea, and Japan.
Vu Duc Bien, CEO of Vietravel Airlines, said his airline has made thorough preparations to open international routes to help boost Vietnam’s tourism sector.
The firm has launched its first two international routes from Hanoi and Ho Chi Minh City to Thailand, a popular tourism paradise in Southeast Asia, as part of its efforts to tap into the international tourism market.
A series of Vietnamese carriers have recently launched new international routes to meet rising travel demand as tourism picks up.
National flag carrier Vietnam Airlines last week launched a direct route connecting Hanoi with India’s Mumbai.
Budget airline Vietjet said it will open a direct route connecting Hanoi with Hiroshima on July 19 to boost investment and tourism.
It also inaugurated the first direct route connecting Hanoi to the "beach paradise" of Phuket last week.
In the first quarter of 2023, Vietnam welcomed nearly 2.7 million international arrivals, of which 89.8% traveled by air, an increase of 29.4% over the same period last year.
- Read More
Private lender VPBank targets 114% profit growth in 2024
Vietnam’s leading private lender VPBank targets to rake in VND23.17 trillion ($914.18 million) in pre-tax profit this year, a year-on-year increase of 114%, according to its 2024 business plan approved by shareholders at the AGM on Monday.
Banking - Mon, April 29, 2024 | 11:13 pm GMT+7
Construction firm Lizen to focus on transport infrastructure, suspend some renewables projects
With real estate market remaining sluggish and renewable energy policies yet to be finalized, construction firm Lizen has decided to focus on transport infrastructure and electrical engineering.
Companies - Mon, April 29, 2024 | 10:39 pm GMT+7
Speculative groups stand behind Hanoi apartment fever: association
The recent apartment fever that has swept in Hanoi shows signs of being impacted by speculative groups who have created virtual supply and demand to push prices up, according to the Vietnam Association of Realtors (VARS).
Real Estate - Mon, April 29, 2024 | 4:07 pm GMT+7
Vietnam industrial production expands 6% in Jan-April
Vietnam's index of industrial production (IIP) remained on an upward trend, rising 6.3% year-on-year in April and 6% in January-April this year.
Economy - Mon, April 29, 2024 | 3:50 pm GMT+7
Industrial real estate still leads Vietnam market: experts
Despite difficulties, industrial park real estate still leads the market, attracting sustainable foreign direct investment (FDI) to Vietnam, said experts.
Industrial real estate - Mon, April 29, 2024 | 2:38 pm GMT+7
Hanoi photo exhibition depicts Vietnam’s significant victories in 20th century
A photo exhibition highlighting Vietnam’s victories that changed the course of world history is being held at the pedestrian space around Hoan Kiem Lake downtown Hanoi.
Travel - Mon, April 29, 2024 | 1:41 pm GMT+7
Hanoi’s top painters exhibit their work dedicated to national flower
The lotus – Vietnam’s national flower, is being honored at an art exhibition that opened in Hanoi on Sunday.
Travel - Mon, April 29, 2024 | 1:39 pm GMT+7
Thailand carries out cabinet reshuffle
The new cabinet of Thai Prime Minister Srettha Thavisin was announced on Sunday.
Southeast Asia - Mon, April 29, 2024 | 1:37 pm GMT+7
Vietnam's M&A activity bounces back in Q1
After a rather gloomy 2023, merger & acquisition (M&A) activity in Vietnam recorded a significant recovery in the first quarter of 2024.
Finance - Mon, April 29, 2024 | 10:59 am GMT+7
Nam Cau Kien eco-industrial park - A circular economy pioneer
Enterprises are encouraged to transform to the circular economy model, but they still face obstacles in accessing preferential policies. Procedures to receive credit packages from domestic and foreign organizations are complicated and have criteria that most businesses cannot meet, writes Pham Hong Diep, chairman of industrial real estate developer Shinec JSC.
Industrial real estate - Mon, April 29, 2024 | 9:11 am GMT+7
How tech empowers insurance agents in Vietnam
Vietnam's insurance industry stands at the threshold of a transformative era, one marked by significant potential and rapid digital evolution, writes Tri Nguyen, country manager for Vietnam at Singapore-based insurance firm Igloo.
Consulting - Mon, April 29, 2024 | 7:00 am GMT+7
Hoiana golf tournament raises $473,000 for disadvantaged children in Quang Nam province
Hoiana Resort & Golf has raised over VND1.2 billion ($473,000) from holding a charity golf tournament to support disadvantaged children in the central province of Quang Nam.
Travel - Sun, April 28, 2024 | 7:14 pm GMT+7
Dragon Capital-linked funds raise holding in retailer Mobile World to 6.25%
Six funds related to Dragon Capital, one of major fund management companies in Vietnam, have bought in a combined 4.66 million shares of leading Vietnamese retailer Mobile World Investment Corporation.
Companies - Sun, April 28, 2024 | 4:24 pm GMT+7
Vietnam real estate market can flourish again with shift in focus: experts
New policies, low interest rates, and projects serving real housing needs can see Vietnam’s real estate market recover by the end of 2025 and grow sustainably, experts said.
Real Estate - Sun, April 28, 2024 | 2:50 pm GMT+7
Real estate giant DIC Corp notches biggest quarterly loss since listing
Development Investment Construction JSC (DIC Corp), among Vietnam’s top real estate developers, incurred a loss of VND117.2 billion ($4.62 million) in the first quarter of this year, marking its largest quarterly loss since floating shares in 2009.
Companies - Sun, April 28, 2024 | 2:30 pm GMT+7
Vietnam startup funding down 17% to $529 mln in 2023, 3rd in Southeast Asia
Vietnamese startups secured $529 million in total funding in 2023, a 17% decline from the previous year, according to the 2024 Vietnam innovation and tech investment report released Friday.
Finance - Sun, April 28, 2024 | 10:04 am GMT+7
- Opinion
-
Abundant real estate opportunities surround HCMC
-
Bonds essential capital source for real estate market
-
Hanoi metro projects a thorn in the flesh
-
Vietnam banking system needs serious shake-up: expert
-
Cultural due diligence critical to nurturing foreign bank 'marriages'
-
High costs, uncertain returns deterring AI investment in Vietnam