Business

The Ministry of Transport have allowed Bamboo Airways and Vietjet Air to buy 23 planes by the end of this year.

Vina-Japan Shirogane Logistics Company Ltd and Thanh Binh Phu My Joint Stock Company organised a ceremony to inaugurate Vina Japan Shirogane Logistics Centre (VJS) at Phu My 3 Industrial Park, Phu My town, Ba Ria-Vung Tau province, on June 7.

The 23rd VietFood, Beverage and Professional Packing Machines (VietFood & Beverage - ProPack) exhibition will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City from August 7 to 10.

Vietnam’s GDP value could suffer a slump of VND6 trillion (US$26.01 million) in the next five years due to impacts of the US-China trade war, Deputy Prime Minister Pham Binh Minh has cited preliminary calculations as saying.

More than 300 workers of Binh Dinh Sugar Joint Stock Company (Bisuco) have been left unemployed as the firm has suspended operations for months.

The Customs Department in HCM City has publicly named over 1,000 firms who owned customs taxes.

Forbes Vietnam on June 3 announced Vietnam’s 50 top listed companies for 2019. The firms accounted for 63 percent of total market capitalisation on the Ho Chi Minh and Hanoi stock exchanges in mid-May.

Nearly halfway through 2019, Vietnam has begun to see a new noticeable transition in its foreign direct investment (FDI) inflows, with Chinese investment in the Southeast Asian country reporting a sharp rise.

The Ministry of Transport has said the construction of the Long Thanh International Airport will be started at the end of 2020.

Foreign capital is pouring into Vietnam's industrial real estate market through M&A activities, with the CPTPP to have a significant impact on this investment trend.

Prime Minister Nguyen Xuan Phuc has said he wants the Viettel Military Industry and Telecoms Group (Viettel) to strive to become one of the world’s 10 biggest telecoms firms by 2025.

Vietnam’s dairy makers are accessing more opportunities to increase exports, but companies need to enhance their competitiveness in foreign markets and develop a concentrated production scale.

The State Bank of Vietnam (SBV) has just fined ride-hailing firm Grab VND120 million (USD5,217) for breaking regulations on borrowing from foreign lenders.

Vietnam is seeking solutions to prevent pork supply shortage in the coming time as African swine fever continues to spread.

Construction was started on a high-tech waste-to-power plant worth VND1.35 trillion (over US$57.6 million) in Que Vo district, the northern province of Bac Ninh on May 29.

The sales of motorbikes in Vietnam have risen despite suggested motorbike bans for Hanoi and HCM City.

Around 7.3 million international tourists visited Vietnam between January and May this year, up 8.8% on-year, according to the Vietnam National Administration of Tourism.

Close to 54,000 enterprises have registered to begin operations in the first five months of 2019, up 3.2 percent on-year, also the highest number recorded in the period in the past five years.

Vietnam Lottery Company is reporting slow sales with many agents struggling to survive.