The HCM City Inland Waterway Port Authority has built 11 inland waterway piers for boat tours.

Deputy Prime Minister Trinh Dinh Dung has asked ministries and authorities to support local retailers while better managing the operations of foreign retail firms.

The Ministry of Industry and Trade (MoIT) has drafted an action plan to lower logistics costs to 18 percent of the country’s gross domestic product (GDP) by 2020. 

Low-cost carrier Vietjet Air continued to post positive growth in 2016 with a revenue of over VND27.5 trillion (US$1.2 billion) and a profit of almost VND2.4 trillion (US$105 million).

Vietnam’s logistics sector is expected to make up 8–10% of the country’s gross domestic product (GDP) by 2025.

Vietnam and Mexico have agreed to speed up negotiations for the signing of an agreement on customs cooperation and another deal on double tax avoidance.

A new circular on lending activities of credit institutions and foreign bank branches is expected to overhaul the regulatory framework applicable to the activities in Vietnam.

Prime Minister Nguyen Xuan Phuc hailed the contributions of Chinese Huawei Group to Vietnam’s information technology development during a meeting with Chairwoman of the group Sun Yafang in Hanoi on February 15.

Ho Chi Minh City hopes to forge stronger cooperation with Japan’s Gunma Prefecture, especially in areas of the prefecture’s strength such as small and medium-sized enterprises and human resources training, stated a city leader.

The largest foreign-invested company in the fashion sector, SCAVI has fought its way onto the list of 500 biggest companies in Vietnam in 2016, announced by Vietnam Report in February 2017.