Vietnam

Vietnam speeds up big projects to heal economy from pandemic

HANOI — Vietnam has approved its biggest commercial project this year, as the government seeks to maintain a record pace of public and private investment since January to help the economy emerge from the coronavirus pandemic.

Prime Minister Nguyen Xuan Phuc signed off on a $9.3 billion tourist resort led by Vingroup, Vietnam’s largest private conglomerate, during the past week. Foreign backers also will participate in the development, regarded as one of the largest investments in the country in recent years.

The project in the coastal Can Gio district 50 km south of Ho Chi Minh City is slated for

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Qantas to exit Vietnam joint venture amid coronavirus slump

HANOI — Australian flag carrier Qantas Airways said Monday that it is leaving its joint venture with Vietnam Airlines amid growing headwinds from the coronavirus outbreak.

Qantas currently owns 30% of Vietnamese budget carrier Jetstar Pacific Airlines. Sources familiar with the matter say the Australian carrier is in talks to sell the entire stake to Vietnam Airlines, which owns roughly 69% of the venture.

Jetstar Pacific, Vietnam’s second-largest budget carrier with a 15% share in domestic flights, is to be renamed Pacific Airlines.

Qantas entered the Vietnamese market in 2007, when it jointly invested with Vietnam Airlines in Jetstar Pacific’s

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Japanese business travel to Vietnam to resume with trial flight

TOKYO — The Japanese government plans to relaunch business travel links with Vietnam on a trial basis by the end of June, Nikkei has learned.

The project will begin with a chartered flight for up to 250 business travelers. To curb the spread of the novel coronavirus, all passengers will undergo polymerase chain reaction testing before departure.

According to the Ministry of Foreign Affairs, Vietnam in late March suspended entry for all foreign nationals. The Japanese government expects Vietnam to accept travelers from Japan who undergo PCR testing before departure. Japan will work on raising its PCR testing capacity.

Vietnam

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Japan to ease restrictions on travelers heading to Vietnam

TOKYO — The Japanese government is looking to relax restrictions on travel to Vietnam at the end of June, Nikkei has learned.

The trial project will begin with a chartered flight for up to 250 business travelers. To curb the spread of the novel coronavirus, all passengers will undergo polymerase chain reaction testing before departure.

According to the Ministry of Foreign Affairs, Vietnam in late March suspended entry for all foreign nationals. The Japanese government expects Vietnam to accept travelers from Japan who undergo PCR testing before departure. Japan will work on raising its PCR testing capacity.

Vietnam is willing

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