The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will pick up a 49 percent stake in VASCO after committing to inject VND147 billion into the restructured carrier.

VOV.VN - FLC Group has unveiled that it has broken ground on a significant new development in the northern province of Quang Ninh.

Prime Minister Nguyen Tan Dung has approved calculation of petroleum import tax based on weighted average of the tariffs, taking into account Most Favoured Nation (MFN) status and Free Trade Agreement (FTA).

Improving labour productivity is now critical for Vietnam to boost gross domestic product (GDP) per capita to become an industrialised and upper-middle income nation in the next two decades.

VOV.VN - Hong Kong is the world’s eighth largest trading economy and one of Asia’s leading financial and business centres, said speakers at a recent seminar in HCM City informing local companies on trade opportunities.  

The cost of building houses is expected to increase due to the recent rise in steel prices, which will in turn likely cause a spike in home purchase prices.

VOV.VN - Hoang Anh Gia Lai Group (HAGL) has invested additional US$230 million into the second phase of the HAGL Myanmar Center construction project in Yangon.

Condotels in Phu Quoc are becoming increasingly attractive to foreign investors because of their location in one of the hottest tourism destinations of Vietnam as well as the prestigious developers behind them.

Japanese investors are increasing their presence in Vietnam’s real estate sector by teaming up with domestic partners.

Supported by stable economic growth and the upturn of the market, Vietnam’s resort and hospitality segment is expected to see a surge in investment capital this year.

Drought and salt intrusion has worsened and damaged a large shrimp farming area in the Mekong Delta since the beginning of this year, causing material shortage for export processing plants.

Vietnamese people are spending three times as much money on food as they did in 2004, according to the General Statistic Office (GSO).

Japan is one of the key partners of Ho Chi Minh City in various fields from official development assistance (ODA) to investment and trade, a local official said.

Hanoi wants to step up cooperation with Japan in various fields, especially investment, trade and tourism, an official said at a workshop in the city on March 20 with the participation of 30 Japanese businesses.

VOV.VN-Vietnamese farm produce exports are predicted to thrive this year due to increased market demand and several free trade agreements Vietnam has signed.

State-controlled Gia Dinh Textile and Garment Company has sold more than 15 million shares, equivalent to a stake 24.28%, for over VND155.8 billion (US$6.89 million) in an initial public offering.

Authority in the central city of Danang is calling on private investors to join it in expanding a local port terminal for a cost estimate of VND4 trillion (US$177 million), local media have reported.

Helping farmers gain access to loans not only helps to reduce interest rates, but also lifts the technical barriers in credit programmes and improves their business competitiveness.

Vietnam’s gross domestic product GDP is expected to stay between 6% and 7% from 2016 to 2018 according to the latest report from the Institute of Chartered Accountants in England and Wales ICAEW.

Industry and Trade Minister Vu Huy Hoang joined a crowd of economic and energy ministers, and leaders from economic and energy firms worldwide at the Berlin Energy Transition Dialogue 2016, which took place in the capital of Germany on March 17

Vietnam will promote development of renewable energy resources, aiming to increase the proportion of power produced from these sources in the national electricity structure.

Some 450 enterprises in the construction industry will showcase their products at the Vietbuild Hanoi 2016 International Exhibition, at the National Exhibition Construction Centre, Hanoi from March 24-28.

Nguyen Hoang Ha decided to make his luxury dream come true when he ordered a car at a showroom on Hanoi’s Tran Khat Chan street.

VOV.VN - Vietnam, with a strong presences of foreign manufacturers operating within its borders, has emerged as a major market for automotive tyres over the last five years, says the Vietnam Chemicals Agency. 

VOV.VN - Vietnam’s newly-appointed Ambassador to Indonesia Hoang Anh Tuan on March 18 met with Indonesian Minister of Tourism Arief Yahya in Jakarta to find a way forward to enhance tourism cooperation.

VOV.VN - Vietnam Deputy Auditor General Hoang Hong Lac arrived in Mexico on March 16, leading a delegation to cooperate with the Mexico State Auditor’s Office regarding matters pertaining to the oversight of the State budget process.

 In the last quarter of 2015, the Fast Moving Consumer Goods (FMCG) growth in the six key cities of Vietnam rallied, with an increase of 5.7%, compared to 4.5% in the previous quarter. 

Two giant cranes made domestically were shipped to Nghi Son Oil Refinery Port in the north-central coastal province of Thanh Hoa.

The Vietnam Dairy Products Joint Stock Company (Vinamilk) is on Nikkei Asian Review’s Asia300 list, which names Asia’s most dynamic companies, a company representative said on March 18.

The Vietnamese, Indonesian and Malaysian embassies in Venezuela have coordinated with the Latin America and Caribbean Economic System (SELA) to organised a workshop on ASEAN-SELA economic cooperation, in the capital Caracas.