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Vietnamese spend $6 billion to travel

HCM City / DPA Around five million Vietnamese travelled abroad last year spending US$6 billion, according to the Viet Nam Society of Travel Agents. The number travelling abroad is increasing rapidly, especially of those going to Japan, South Korea, Thailand, the US, and Cambodia, travel agents said. Tran Thi Viet Huong, marketing director of State giant Vietravel, said last year ...

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ZTE dives 16 percent over USA sanctions probe

Hong Kong / AFP Shares in Chinese telecoms giant ZTE plunged 16 percent on Thursday as it resumed trading after the US announced a probe over alleged violations of trade sanctions against Iran, which the firm admitted could lead to civil and criminal liabilities. Washington slapped restrictions on ZTE and three linked companies last month after an investigation alleged the ...

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Nepal’s int’l passenger traffic drops in 13 years

Kathmandu / DPA International air passenger traffic through Tribhuvan International Airport (TIA) dropped for the first time in 13 years as travellers stayed away due to the April earthquake last year and a jet fuel shortage caused by an Indian trade embargo. According to TIA, the number of travellers passing through the country’s sole international airport plunged 8.37 per cent ...

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