The purchasing power in Ho Chi Minh City increased by up to 40 percent during the National Day occasion as many families spent the three-day holiday at commercial centres instead of travelling to far destinations.
The Ministry of Finance may use a “book building method” in selling the State’s holdings in State-owned enterprises (SOEs), Vu Bang, Chairman of the State Securities Commission, told local media.
Hong Kong budget airline HK Express is set to launch direct flights to Nha Trang city, the central coastal province of Khanh Hoa in November.
The tax watchdog is striving to increase the percentage of tax reimbursements processed through the “refund first, check later” regime, aiming to speed up refunds that would be beneficial for businesses, according to Le Thi Duyen Hai, Director of the Tax Declaration and Refund Department.
Argentinean news website AcercandoNaciones has run an article highlighting the economic development of Vietnam and the opportunities to promote trade and investment between the two nations.
VOV.VN - 2016 is being observed as the National Year for Startups. This year the issue of startups is attracting the attention of the entire society. Vietnamese enterprises have strongly developed and made important contributions to national economic successes.
Vietnam has many advantages for tropical fruits, but because of poor packaging, marketing and high prices, local fruits cannot compete with imported products.
Vietnam Electricity refrained from buying electricity from China last month following a surge in domestic output.
The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.
The free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Vietnam will take effect on October 5, Minister for Trade at the Eurasian Economic Commission Board Veronika Nikishina has said.
The Ministry of Construction has asked Hanoi and Ho Chi Minh City to formulate policies that promote social housing development amid a rising demand from citizens for products in this segment.
A major wood processing factory of Vietnam’s TH Group was inaugurated in the industrial park of Nghia Dan district, central Nghe An province, on September 3.
VOV.VN - If the Trans Pacific Partnership (TPP) is ratified, it could open the door for China to forge closer economic ties with Vietnam, according to Texhong Textile Group, one of the world’s and China’ largest yarn suppliers.
Executives from 120 Malaysian businesses and 62 Chinese counterparts have sought opportunities to forge closer economic ties for the two countries.
VOV.VN - Vietnamese retail products sparked a lot of interest from Japanese consumers at a trade fair held September 2-4 at AEON LakeTown in Saitama Prefecture by the Ministry of Industry and Trade (MOIT).
The first UFC Gym in Asia has been put into operation at Thao Dien Pearl in HCMC’s District 2.
Vietnam is emerging as a rising retail market within Asia-Pacific, according to real estate consultants JLL.
Vietnam’s Prime Minister Nguyen Xuan Phuc has ordered the sale of state holdings in a dozen big-shot companies, a plan that experts estimate could boost government coffers by more than US$7 billion.
The HCM City cinema market has become much more competitive with the closure of Galaxy Nguyen Trai, one of the most important cinemas of Galaxy Cinema, and the rise of several newcomers.
The country also plans to import more coal to meet domestic demand for electricity.
The second Eastern Economic Forum opened in the Russian city of Vladivostok on September 2, attracting nearly 2,500 delegates from Australia, China, India, Japan, the Republic of Korea, Singapore, the US and Vietnam.
VOV.VN - The Ministry of Industry and Trade (MOIT) announced on September 1 that it has imposed preliminary duties on imports of plated steel sheets from China, whose steelmakers were slapped with a massive tariff.
VOV.VN - Food growers and manufacturers from across Vietnam are gearing up to display their latest products at an international food exposition this coming November at the Saigon Exhibition Convention Centre in Ho Chi Minh City.
Japan’s leasing firm Orix will invest in Vietnam's Bitexco Power in mid-September as it seeks to tap growing electricity demand in the Southeast Asian country, Nikkei Asian Review reported on September 1.
Businesses have put more confidence in Vietnam’s economic prospect, many economists said, pointing to the surge in the newly registered capital and the number of companies resuming operations between January and August.
Vietnam and Cuba made significant progress in their second negotiation round on a new trade deal after the four days of sitting in Hanoi, the Ministry of Industry and Trade (MoIT) said on September 1.
The Mekong Delta province of Bac Lieu earned US$288 million from seafood exports in the first eight months of 2016, fulfilling 55% of its yearly target, but dropping nearly 5% compared to the same period last year.
Vietnam and India will boost cooperation in potential sectors like garment and textile, machinery, agriculture, and health and pharmaceuticals, according to Bui Trung Thuong, head of Vietnam’s trade mission in India.
The State capital divestment in the country’s two largest brewers Habeco and Sabeco will be completed by the end of 2017.
Domestic and foreign investors are still keen on the Vietnamese market and have positive outlook about the country’s economy, according to a survey conducted by Grant Thornton Vietnam in the third quarter of 2016.