Business

Market Management Department in Can Tho Province has destroyed smuggled and low-quality beer.

HCM City authorities have set new development goals to make the city into a financial centre by 2045.

Up to 47 overseas investment projects by Vietnam’s state-owned enterprises incurred losses of around USD1 billion by the end of last year.

HCM City authorities have agreed to set up paid quarantine areas for Covid-19 prevention at 14 additional local hotels following the municipal Department of Health’s proposal.

The number of billionaires in Viet Nam increased by two from four in the April’s list to six on Forbes magazine's 2020 list of the world's richest people.

The national flag carrier Vietnam Airlines said on October 13 that it had lost 10.75 trillion VND (463.7 million USD) in the first nine months of this year.

Thanks to its advantages regarding security, infrastructure and labor source, Viet Nam has impressed billion-dollar businesses around the world, with a number of global giants planning to choose the country as the location for their production bases and headquarters

Many banks have cut deposit interest rates after the State Bank of Vietnam lowered the ceiling levels of interest rates from October.

There remains plenty of room to accelerate economic growth moving into the fourth quarter of the year, with domestic consumption and investment set to be the key drivers for Vietnam’s growth during the remainder of the year, according to insiders.

PM Nguyen Xuan Phuc has approved a plan to develop the livestock sector for the 2021-2030 period with a view to 2045.

A workshop was held in the south-central province of Khanh Hoa on October 10 to promote tuna supply chain, and tuna exports to the EU under the EU-Vietnam Free Trade Agreement.

More and more realty firms are using digital platforms to sell their products, driven by the Government's encouragement to develop local digital technology firms amid the COVID-19 pandemic.

The US – Vietnam Business Summit took place in Hanoi on October 9, on the occasion of the 25th anniversary of bilateral diplomatic ties.

Vietnam has become the 27th largest export market and 16th largest trading partner of the United States, while two-way trade turnover has increased by nearly 170 times from a figure of US$450 million in 1994, to approximately US$76 billion

Prime Minister Nguyen Xuan Phuc has approved a strategy for Vietnam’s animal husbandry sector over the next ten years, aiming to achieve annual growth of 4-5% for the 2021-2015 period and 3-4% for the 2026-2030 period.

Vietnam fisheries sector will need 900,000 fewer people in 2045 due to higher automation, according to the development plan drafted by the Ministry of Agriculture and Rural Development.

The Asian Development Bank and Phu Yen TTP Joint Stock Company today signed a USD186 million loan to develop and operate a solar power plant in Phu Yen Province through the country’s first certified green loan.

Many people in the central province of Quang Ngai have filed a complaint about being cheated by a guest worker consulting office.

Vietnam stands out as the only ASEAN economy to achieve positive growth in 2020 and rebound to an 8.1 percent growth rate in 2021 – the highest in Asia, the Hong Kong Shanghai Banking Corporation (HSBC) said in a