Several local tech startups have followed the phenomenal success of mobile game Flappy Bird, winning over millions of users worldwide, but industry insiders have conceded that there remains a tough road ahead for firms based in Vietnam to really thrive internationally.
Differences between audited and unaudited financial statements areunavoidable, however, a difference of up to trillions of VND caught Hung Vuong Joint Stock Company (HVG)’s investors by surprise.
VOV.VN - A new passenger terminal at the Danang International Airport will be accessible to the public with first flights taking off in March, reports the Airports Corporation of Vietnam.
VOV.VN - Vietnam’s exports to the Philippines rose by 9.94% to US$2.2 billion last year while imports dipped 47.5% to over US$1 billion, according to Vietnam Customs.
The US and Japan imported US$15 billion worth of garment and textile products from Vietnam in 2016, according to the Vietnam Textile and Apparel Association (Vitas).
Vegetable exports in January rose 14% year-on-year to reach US$230 million, reported the General Statistics Office.
Cuttlefish and octopus exports this year are expected to increase by 4% from last year to reach US$470 million, according to the Việt Nam Association of Seafood Producers and Exporters (VASEP).
Bilateral trade and investment from the US into Vietnam are expected not to see drastic changes under US President Donald Trump.
Uber may have to cease its operation in Vietnam as it now fails to meet legal requirements set out by the local government and transport ministry.
Shares of the VietJet Aviation Joint Stock Company (VietJet Air) will be officially listed on the Ho Chi Minh Stock Exchange (HOSE) on February 28.
VOV.VN - Co-working space operator Toong has announced an initiative designed to connect with the Ho Chi Minh City tech community through opening a co-working space inside the Oxygen Mall.
Deputy Prime Minister Vuong Dinh Hue asked the Ministry of Construction to outline a roadmap for divestment from enterprises and transfer of the right to represent State ownership at businesses in accordance with Decision 58/2016/QD TTg of the Prime Minister.
As tariff decreases, Vietnam is importing more cars. Toyota Motor Thailand (TMT)'s car export to Vietnam rose by 15% last year, despite a 15% drop in its total car export, the company said in a recent press conference.
An environment tax hike sought for fuels by the Ministry of Finance will erode the competitiveness of enterprises and the country’s economy as a whole if it gets the go-ahead, according to the Vietnam Chamber of Commerce and Industry (VCCI).
VOV.VN - Prime Minister Nguyen Xuan Phuc has urged the industry and trade sector to restructure and create great Vietnamese products in the 4th Industrial Revolution.
VOV.VN - Vietnam Ambassador Truong Manh Son sat down on February 7 with many of the top business leaders in the Czech Republic to discuss ways of opening new opportunities for commercial trade.
The Saigon Commercial Bank (SCB) was named among the nine largest private enterprises and 44 leading businesses of Vietnam, announced the Vietnam Report and Vietnamnet online newspaper in Hanoi.
Prime Minister Nguyen Xuan Phuc has urged the Vietnam Electricity (EVN) to focus all resources to supply higher quality and more reliable power for socio-economic activities and people’s daily use.
A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Vietnam until 2050 period, with annual GDP increase of 5.1%, on average.
Domestic firms should make great efforts in the competition with foreign invested firms to contribute more actively to the global value chain and participate more effectively in the world’s production network, experts said.
The Mekong Delta province of Tien Giang has devised numerous comprehensive measures to fully explore local industrial parks (IPs) and industrial clusters (ICs).
As of January 20, 175 new projects were licenced with a total investment of US$1.244 billion, a rise of 23 percent over the same period last year, according to the Ministry of Planning and Investment Investment’s Foreign Investment Agency.
After the Tet (the Lunar New Year) break, employees of Intimex Group Joint Stock Company are scrambling to fulfill export orders.
HDBank continuously posted record high profit in 2016, making it the most successful case in the country’s bank restructuring.
In real terms, the Vietnamese construction industry registered a growth rate of 9.1% in 2016, measured at constant 2010 US dollar exchange rates, according to latest report by ReportLinker, an award-winning market research solution.
Analysts believe that modern drug retail chains will replace traditional drugstores in the near future, following the trend of modern supermarkets.
Anti-globalization and protectionist attitudes are increasing in some countries, but Vietnam still has an open economy. This means big challenges for Vietnam in upcoming days.
VOV.VN - Vietnam exports to India in 2016 grew 8.7% to more than US$2.68 billion against the previous year, according to Vietnam Customs.
Prices of some of Vietnam's major agricultural goods are forecast to rise this year, according to the World Bank's (WB) Commodity Markets Outlook report.
Universal Robina Corporation (URC) on February 5 marked its 60th year in its motherland - the Philippines and 13th year of presence in Vietnam.