The number of luxury hotel rooms in Vietnam booked through online travel agencies (OTAs) continued to rise last year, making up 23.4% of the total, compared with 21.4% a year earlier, according to Grant Thornton Vietnam.

The 600-megawatt Thang Long thermal power plant using GE stream - boiler technology will contribute to ensuring reliable power during the end of the dry season and into the early months of the rainy season.  

Statistics on import-export and investment activities during the first few months of the year show that Vietnam did not see any positive effects from the US-China trade war as forecast by several US agencies and the press.

HCM City has committed to develop a detailed plan to turn the city into a regional and international financial hub after years of delay in carrying out the ambitious goal.

The State Treasury of Vietnam recently mobilised a total of 8 trillion VND (344.9 million USD) via auctions of Government bonds at the Hanoi Stock Exchange (HNX).

The Ministry of Planning and Investment (MPI) should be a national innovation centre and a pioneer in economic reform, Deputy Prime Minister Vuong Dinh Hue said at a teleconference on July 18.

VOV.VN - Japan is one of Vietnam’s leading economic partners, Prime Minister Nguyen Xuan Phuc has affirmed this at a reception in Hanoi on July 18 for Yanai Tadashi, Chairman and CEO of the Japanese group Fast Retailing.

The Ministry of Planning and Investment (MPI) is accelerating the compilation of a draft law on investment in the public-private partnership format and another to amend and supplement the Law on Investment and the Law on Enterprises.

EU tariff preferences for some industrial products from Vietnam

Vietnam needs to take concerted measures to ensure national energy security, experts said at a conference on the role of the oil and gas sector in ensuring energy security held in Hanoi on July 18.

Politburo member and permanent member of the Party Central Committee’s Secretariat Tran Quoc Vuong had a working session with the State Audit of Vietnam (SAV) in Hanoi on July 18 to review its recent performance and issues on use and management of public property.

Japanese apparel maker Matsuoka Corp. will build a new plant in the central region of Vietnam, as part of a medium-term business strategy to lessen its reliance on China.

VOV.VN - After a decade, Vietnam remains the fastest growing economy in Southeast Asia and has recorded impressive economic growth results, according to a new Asian Development Bank report released on July 18.

VOV.VN -  Vietnam’s ambassador to the Czech Republic Ho Minh Tuan and President of the Czech Chamber of Commerce (CCC) Vladimír Dlouhy discussed measures to step up cooperation in economics, trade, and investment between the two countries during their working session in Prague on July 17. 

Leather, footwear export turnover to hit 21.5 billion USD in 2019

The Vietnam Oil and Gas Group (PVN) gained 365.5 trillion VND (15.78 billion USD) in revenue in the first half of this year, or 18 percent higher than its six-month plan, heard a conference held by the group on July 17.

The Vinh Tan international sea port in the southern province of Binh Thuan on July 17 received cargo vessel Spring Hummer of Belize, which was the first foreign ship to dock at the port. 

The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said. 

Foreign direct investment (FDI), especially in southern provinces, is expected to increase sharply with a number of billion-dollar projects in the pipeline, according to the Foreign Investment Agency (FIA).

A conference was held in the northern province of Bac Kan on July 17 to connect ethnic minority women with partners under a programme supporting them to develop economic activities via Industry 4.0 technology.

The successful negotiations and signing of the free trade agreements with big partners will heighten Vietnam’s image in the world stage, creating a new push for the economic growth in the long term, Minister of Industry and Trade Tran Tuan Anh has said, refering to the trade deals recently inked with the EU.

The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group at JBIC.

Vietnam has attracted plenty of foreign direct investment (FDI) into industrial manufacturing, and while previously overseas investors talked about the weakness of supporting industries, the current changes are step-by-step contributing to the attraction of FDI for the future.

Gastroline, a set of porcelain hospitality tableware made by the Binh Duong-based Minh Long I Company, has bested 5,500 products from 55 countries to win the Product Design category of the Red Dot Award.

In order to avoid the risks, Vietnamese enterprises are advised to build better business strategies after the US slapped huge tariffs on Vietnamese steel.

Vietnam has been advised to apply Japanese technical standards and remove some obstructions, including those regarding tax and incentives in order to develop the country’s supporting industries.

Vietnam's leading investment fund VinaCapital has announced its acquisition of Smartly Pte Ltd, a Singaporean robo-advisory investment platform.  

From 17:00 of July 17, the retail price of RON95-III increased 718 VND to a maximum level of 21,235 VND per litre, while the ceiling price of bio-fuel E5 RON 92 was up 626 VND to 20,279 VND per litre. 

The State Capital Investment Corporation (SCIC) successfully sold capital in 999 enterprises as of June 30, said Deputy General Director Le Song Lai during a conference in the central province of Nghe An on July 17. 

The 2019 international exhibitions on electrical technology and equipment (Vietnam ETE) and on products, technologies of energy saving and green power (Enertec Expo) are showcasing advanced technologies of the industry in Ho Chi Minh City between July 17 and 20.