Jeju Air, the biggest low-cost carrier of the Republic of Korea (RoK), announced on November 22 that it has opened direct routes to Phu Quoc Island of Vietnam and Bohol Island of the Philippines.
Hanoi (VNA) – Jeju Air, the biggest low-costcarrier of the Republic of Korea (RoK), announced on November 22 that it hasopened direct routes to Phu Quoc Island of Vietnam and Bohol Island of thePhilippines.
It began to operate flights on the routes fromIncheon International Airport in Seoul on November 21.
The routes were launched amid a drop in Koreanpeople’s demand for travel to Japan due to a trade row between the two countries.
Jeju Air shifted to a net loss of 30.1 billionwon (27 million USD) in the third quarter of 2019 from a net profit of 31.1billion won a year earlier.
It said Korean travellers have increasinglyopted not to travel to Japan due to Japan's export curbs, dealing a blow to thequarterly earnings results. The won's weakness against the US dollar alsoweighed on the bottom line.
The airline operates 45 B737-800s on sixdomestic routes and 70 international routes, mainly to Singapore and otherSoutheast Asian countries./.
Budget carrier Vietjet Air on December 7 announced the opening of a new route linking Phu Quoc island in the southern province of Kien Giang with Seoul of the Republic of Korea.
Budget carrier Vietjet plans to open two domestic routes connecting Phu Quoc island and Da Nang, Van Don and two international ones linking southern Kien Giang province’s island with Chengdu and Chongqing of China.
Airlines of the Republic of Korea (RoK) have switched their focus to the Southeast Asian markets and Taiwan amidst recent tension in RoK-Japan relations.
Korean Air Lines Co., the Republic of Korea (RoK)'s largest carrier, said on September 4 that it has expanded cargo flights to Southeast Asia and South America to cope with the global economic slowdown prompted by the US-China trade tensions.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.