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Having served as chairman of Hoa Binh Construction Group JSC for 35 years, Le Viet Hai decided in mid-December of 2022 to step down as from early this year but later rolled back his decision.

Vietnam Railways now has over 160 locomotives and 500 train cars whose lifespans are set to expire in 2023, putting the sector at risk of failing to meet the travel demands.

National Assembly deputies this afternoon overwhelmingly voted for a resolution approving the prime minister’s proposal to appoint Tran Hong Ha and Tran Luu Quang as new deputy prime ministers, replacing Pham Binh Minh and Vu Duc Dam.

Swire Coca-Cola Limited, a wholly-owned subsidiary of Swire Pacific Limited, has announced the completion of its acquisition of Coca-Cola Beverages Vietnam Limited.

Party General Secretary Nguyen Phu Trong attended the Government’s teleconference with centrally-governed provinces and cities yesterday, to review the nation’s socio-economic performance in 2022 and discuss development plans for this year.

After dropping four times in a row, fuel prices saw an uptick on January 1.

Vietnam’s consumer price index (CPI) in 2022 rose 3.15% year-on-year, lower than the National Assembly target of 4%, according to the General Statistics Office (GSO).

Here’s a look back at 10 key economic events in Vietnam in 2022 selected by the Saigon Times Group.

Permanent Deputy Prime Minister Pham Binh Minh has lost his membership of the Politburo and of the Party Central Committee while Deputy Prime Minister Vu Duc Dam is no longer a member of the Party Central Committee.

Vietnam’s gross domestic product (GDP) expanded by an astounding 8.02% in 2022, the highest growth rate since 2011, according to the General Statistics Office.

Vietnamese businesses poured nearly US$534 million into their projects abroad in 2022, a sharp increase over last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The Project Management Board No.6 under the Ministry of Transport held a contract signing ceremony for three construction packages of the Vung Ang-Bung and Bung-Van Ninh sections on phase two of the North-South Expressway project.

Tigerair Taiwan has launched an air route linking the Taoyuan international airport in Taiwan and the Danang international airport, making it the third in Taiwan to open a non-stop air service to Danang City since Vietnam fully reopened its airspace in March.

The Hanoi People’s Procuracy on December 24 proposed sentencing Nguyen Thi Thanh Nhan, former chairwoman of Advanced International JSC (AIC), to 30 years behind bars for her alleged violations linked to the Dong Nai General Hospital project and AIC.

Deputy Prime Minister Le Minh Khai has signed a resolution on key measures to enhance logistics services in Vietnam.

Vietjet Air, Vietnam’s low-cost carrier, has resumed two direct flight routes from the cities of Dalat and Can Tho to Seoul, the capital of South Korea, since December 22, just in time for the Christmas holiday.

Police at the Ministry of Public Security (MPS) have arrested Vu Hong Nam, who used to serve as deputy foreign minister and ambassador to Japan, on alleged charges of involvement in scandalous Covid repatriation flights.

State President Nguyen Xuan Phuc arrived in Jakarta yesterday, beginning a three-day State visit to Indonesia, reported the Vietnam News Agency.

The tra fish export revenue this year is expected to set a new record of US$2.4 billion, soaring by 70% over 2021, according to the Vietnam Directorate of Fisheries under the Ministry of Agriculture and Rural Development.

Made-in-Vietnam products, including Vietnam’s agro-aqua products, have become more popular in the UK market during the last two years, backed by the efforts of Vietnamese exporters and the United Kingdom Vietnam Free Trade Agreement (UKVFTA) with official validity as of May 1, 2021.

The Airports Corporation of Vietnam (ACV) has decided to cancel a VND35.2-trillion bidding package under the Long Thanh International Airport project, citing ineligible bidding documents.

The number of cars imported into Vietnam last month soared sharply, driven by the strong domestic demand.

HCMC has the potential to develop passenger transport in combination with waterway tourism, so it is seeking to build appropriate products to exploit this advantage.

The total budget revenue of Hanoi City this year is expected to hit VND300,000 billion, or 107.9% of the year’s target, according to the city’s tax department.

Irregularities in the allocation of three land lots have led to a vice chairman of Binh Thuan Province and six others being detained.