Business

JLL: Real estate FDI in 1H down but potential remains

Total registered FDI in Vietnam’s real estate sector in the first half of 2019 stood at $1.32 billion, a fall of 76 per cent compared to the same period of 2018, which stood at $5.54 billion, according to the

Scale of FDI project capital falls

The average size of foreign direct investment projects in Vietnam has sharply dropped amid a decline in investment flows.

VietFood & Beverage 2019 opens

The 23rd International Exhibition on Food and Beverage (VietFood & Beverage 2019) and the International Exhibition on Food Processing, Packing Technology & Equipment (ProPack2019) opened at the Saigon Exhibition & Convention Centre.

Illegal quarrying reaches alarming levels in Binh Phuoc

Binh Phuoc is facing rampant illegal stone and clay quarrying without suitable solutions.

Vietnam wants to have 10 tech “unicorns” in 2030

Vietnam wants to have at least five billion-dollar tech firms (unicorns) by 2025 and 10 by 2030 as planned in its draft on national strategy on the Fourth Industrial Revolution.

Can Tho to host of Vietnam-Japan trade exchange

The fifth version of the Vietnam-Japan culture and trade exchange is set to be held in the Mekong Delta city of Can Tho in November.

US launches investigations into Vietnam’s wind towers

The US Department of Commerce (DOC) has initiated new antidumping duty (AD) and countervailing duty (CVD) investigations into utility scale wind towers from Vietnam, along with Canada, Indonesia and the Republic of Korea.

Quang Nam earns nearly VND10 billion from Ngoc Linh ginseng

Local farmers in Nam Tra My district, Quang Nam province sold approximately 110kg of Ngoc Linh ginseng, earning nearly VND10 billion (US$430,000), at the third Ngoc Linh Ginseng Festival 2019.

Vietnamese chili sauce introduced in Japan

Vietnamese-based Masan Consumer Holdings introduced its Chinsu-branded chilli sauce in Japan at the Vietnam Food Day held by the Vietnamese Consulate General in Osaka on August 3.

Cashless payments making steady inroads

Attempts to date to move the population away from their preference for cash need to be continually built upon.

Tourism industry in need of more high-quality staff

Vietnam needs more better-qualified staff for better tourism development according to a seminar held yesterday.

Tuy Hoa airport to welcome first international flight Q4

Tuy Hoa Airport in the southern central province of Phu Yen is expected to serve the first international flight in the fourth quarter of this year.

US-China trade war brings price drop for US imports in Vietnam

The prices of seafood and fruits imported from the US into Vietnam have drastically decreased due to a US-China trade war.

Trade ministry gathers feedback for Made-in-Vietnam draft circular

The Ministry of Industry and Trade is seeking feedback for a draft circular specifying the criteria for recognizing products and goods that are made in Vietnam.

Bamboo Airways boss upbeat about direct US flights

Trinh Van Quyet, Chairman of FLC group which operates newly-launched Bamboo Airways, claimed that his carrier could make a US-Vietnam direct flight route profitable.

Vietnam’s first sea sand cleansing plant inaugurated

Vietnam’s first sea sand cleansing plant was put into service on Phu Quoc Island, off Kien Giang province, on July 31.

Major banks lower lending interests

Several large banks have lowered lending interest rates for businesses beginning from August 1 to December 31.

Online advertising seeing handsome growth

Improving measuring tools for ad scalability and hosting proper internet infrastructure will drive growth in Vietnam's online advertising market, according to latest Ken Research analysis.