Business

Farmers are seeing dropping prices and huge inventories after border trade with China was halted due to the Coronavirus.

Prime Minister Nguyen Xuan Phuc has approved a national financial inclusion strategy until 2025 with a vision to 2030, targeting at least 80 percent of adults in the country to have bank accounts by 2025.

Investment in real estate sector through capital contribution would avoid risks that might cause to new comers who know little about the market and law.

Local property experts have forecast that the domestic real estate market will recover this year.

Vietnamese workers in Japan topped 401,000 as of October 2019, an increase of 26.7 percent from a year earlier, adding up to the record of almost 1.66 million foreign workers in the country, data of the Japanese labour ministry show.

Jewellery shops and companies have stockpiled large numbers of “lucky” gold products to meet the surging demand on the God of Wealth Day on the 10th day of the new lunar year, which falls on February 3.

Two shops in Hanoi have been fined for overcharging for face masks amid rising demand due to the spreading of coronavirus.

Many tour agencies in Vietnam have started reporting losses due to the coronavirus outbreak as China is a huge market.

The retail prices of petrol were reduced as from 3pm on January 30 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Nha Trang City in the southern central province of Khanh Hoa has suspended Chinese tourists from Coronavirus-ravaged areas from Tuesday, which has seriously affected the local tourism sector.

Foreign investment inflows posted triple-digit growth (179.5%) to US$ 5.3 billion in January, the General Statistics Office (GSO) on Wednesday.

Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23 percent over the previous month and 6.43 percent year on year, according to the General Statistics Office (GSO).

Vietnam is the fastest-growing digital economy in the region, largely due to investment inflow which is still on an unprecedented rise, The Business Times has reported.

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of

The VinFast company of the Vingroup has said it plans to roll out various luxury and high efficiency models this year in an attempt to help deal with noise and air pollution in major urban centres.

The government will soon issue the legal document amending Decree 116 on the conditions for manufacturing, assembling, and importing cars, and providing car maintenance services.

Institutional reforms will continue to be the major growth driver in 2020 and beyond, while a focus would be placed on removing barriers and connecting firms to establish value chains, Chairman of the VCCI Vu Tien Loc said.

Several Vietnam’s major tour operators have simultaneously announced a postponement of all tours to China and support for any affected customers amid the ongoing outbreak of acute pneumonia caused by a novel coronavirus (nCoV) in China.

Deputy Prime Minister Vuong Dinh Hue made a sudden visit a market and supermarket in the northern central province of Nghe An a day before Tet.