Business

It may take Vietnam two years to get upgraded to emerging market level from the current frontier market classification, VNDirect Securities Corporation said in its 2020 outlook.

Many foreign businesses have expressed their hope for better business and investment environment in Vietnam, especially consistent policies on economic development.

Demand for locally-made products has considerably increased on the Lunar New Year in the past two years.

Savi Pharmaceutical Joint Stock Company held a ceremony on January 9 to receive EU GMP certification and start construction on a new Savipharm High-tech R&D Centre.

The Ministry of Planning and Investment has submitted a new airline project to Prime Minister Nguyen Xuan Phuc for consideration.

Vietnamese airlines will provide more flights at night to meet higher demand as Lunar New Year nears.

Vietnam’s GDP growth would reach 6.8 percent from the 7.02 percent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.

The Vietnamese Ministry of Industry and Trade is trying to connect local pork importers with around 50 foreign partners to ease the country’s pork shortage as the Lunar New Year nears.

Southeast Asia Commercial Joint Stock Bank (SeABank – Vietnam) announces its 2019 business results with consolidated profit before tax of VND 1,390.69 billion, an increase of VND 768.26 billion (123.4%) compared to 2018, with ROE at 12.03% and SeABank

The State Bank of Vietnam (SBV) has issued a resolution to boost cashless payments in the country.

Restaurants are reporting a sharp fall in the number of customers after a few days the new fines on drink driving took effect.

Electricity of Vietnam have signed five contracts to buy electricity from two Lao firms in the 2021-2022 period following Prime Minister Nguyen Xuan Phuc’s approval.

With the opening of the first Uniqlo store in Vietnam, HCM City has added another fashion giant to its growing list of popular brands.

The number of locally-made cybersecurity products increased last year, said the Ministry of Information and Communications (MIC) yesterday.

The prices of a number of essential goods and services are forecast to increase in 2020, putting significant pressure on curbing inflation below the 4% goal set by the Government.

Many people are searching for designated driver services after new regulations and fines for drunk driving took effect.

HCM City authorities have proposed opening a direct air route connecting the city and Russia’s Saint Petersburg.

Many social apartments in Danang City are being sold or rent at commercial prices and low-income people can hardly afford them.

The event was held in the presence of Prime Minister Nguyen Xuan Phuc to map out tasks for the banking sector in 2020.