Agoda.com, Booking.com, Hotels.com, Expedia.com and similar websites are believed to be pocketing trillions of dong from doing business in Vietnam, but they have not paid any dong in tax. 

In first quarter of 2017, the US Federal Aviation Administration (FAA) will send staff to Vietnam to assess Civil Aviation Authority of Vietnam’s (CAAV) safety supervision capability in preparation for Vietnamese air carriers to open direct air routes to the US,with no transit in third countries.

The modest investment in railways in the last 100 years, as well as high management costs and ticket prices have pushed the railway sector into an impasse.

Head of the Vietnam Food Administration (VFA) under the Ministry of Health Dr. Nguyen Thanh Phong on December 27 said that six inspection teams will be set up for food safety in Tet holidays (the Lunar New Year) and festive season 2017.

Pharmacy firms are making good profits, with the market expecting a stable growth rate of 10%-15%.

A report of the State Bank’s HCMC Branch showed that 22% of overseas remittances goes to the real estate sector, 72% to production and business and the remaining to other fields.

Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments.

The Ministry of Industry and Trade has said that it could not find exact statistics about the annual consumption of petroleum products in Vietnam when it was drafting the program on the crude oil and petroleum product storage system.

Economists say that 2017 is expected to be an auspicious year for Vietnam’s economy, with few signs of uncertainties.   

Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths.