Business

Almost half of the Nhon-Hanoi Station metro project has been completed, with the line expected to become operational in 2020, five years behind schedule.

The National Assembly (NA) and Government of Vietnam pledged to continue perfecting the legal system in order to create favourable conditions for foreign enterprises, including those from France, to operate in the Southeast Asian country, said the top lawmaker.

The Vietnamese Government will create favourable conditions for Italian enterprises to invest in the Southeast Asian country, helping increase the trade value between the two nations, Prime Minister Nguyen Xuan Phuc has said.

Vietnamese catfish is being sold on China’s e-commerce platform Alibaba, a development expected to bring more opportunities for the product in China.

Vietnam may face challenges to achieve GDP growth of 7% this year due to the African swine fever, higher power and petroleum prices.

The Electricity Vietnam’s Central Power Corporation (EVNCPC) has announced that it plans to invest over VND7.3 trillion (USD317 million ) in a power grid in the central and Central Highland provinces this year.

The first quarter of 2019 saw a peak in the number of newly-registered enterprises and those returning to operations, according to the latest data from the General Statistics Office of Vietnam (GSO).

Tran Duy Tung, 34, chairman of Binh Ha Breeding JSC headquartered in the south-central province of Binh Dinh, has been arrested on the charge of abusing trust to appropriate assets.

The North-South high-speed railway project should prioritise the construction of sections which have high demand first, according to vice chairman of the Vietnam Bridge and Road Association, Tong Tran Tung.

Hanoi has attracted up to USD4.04 billion foreign direct investment (FDI) since the beginning of the year, up 10-fold against the same period last year.

The European Union’s technical assistance project, started from February 2019, will help Vietnam strengthen competiveness of its destinations and gain a better position in the changing international tourism market, according to the Vietnam Tourism Advisory Board (TAB).

Vietnam’s total outbound investment in the first quarter of 2019 reached an estimated US$120 million, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Around 100 drivers from a taxi firm in the central province of Ha Tinh have gone on strike for better wages.

The State Bank of Vietnam has continued increasing the USD/VND exchange rate in the past few days.

Prime Minister Nguyen Xuan Phuc attended the groundbreaking ceremony for a VND8.1trn (USD344m) agricultural-forestry industrial park in Quang Nam Province on March 28.

The consumer price index (CPI) in March fell 0.21 percent from the same period in 2018, helping the average CPI in the first quarter stay at a three-year low of 2.63 percent year-on-year.

Report released assessing current and future potential value of digital trade for Vietnam's economy.

The central city of Danang was ranked fifth in terms of the provincial competitive index (PCI) last year, compared to second place in 2017.

Authorities of the central city of Danang have dismantled all unlicensed shops and restaurants at Nam O stone outcrop.