Business

2020 is believed to be a do-or-die year for banks since the SBV has decreed that they must all meet global capital adequacy norms, according to analysts.

Several steel businesses from the Republic of Korea (RoK) have outlined their plans to promote investments in the Vietnamese market, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Vietnam now ranks fourth globally, first in Southeast Asia and second in Asia in terms of exports of seafood, and its products are now available in over 170 countries and territories worldwide.

The Ministry of Transport is planning the construction of a railway route which will go through China’s Hekou County.

Vietnam shipped 719,259 tonnes of crude oil abroad for 337.3 million USD in the first two months of 2019, up 7.1 percent in volume but down 7.9 percent in value compared to the same period last year.

More airlines in Vietnam have launched international routes with big promotional campaigns.

The route between the coastal city of Da Nang and South Korea’s capital Seoul has topped the list of the ten fastest-growing passenger routes in the Asia-Pacific region from Routesonline, the organizer of the world’s leading aviation network development

PetroVietnam's board of directors have approved the resignation of General Director Nguyen Vu Truong Son.

The private sector plays an important role in any country’s economy but private enterprises in Vietnam are still subject to a host of risks and difficulties posed by administrative institutions.

Vietjet Air will introduce two new international routes from Ho Chi Minh City to Tokyo (Narita) and from Nha Trang to Busan in South Korea in the summer, with tickets now available.

Vietnamese seafood exports were estimated at US$372 million in February, raising the sector’s total export revenues to US$1.11 billion, up 4.4% over the same period last year.

Researchers of the Central Institute of Economic Management (CIEM) have proposed the Government levy special consumption tax rate for bio-fuel equal to half of the rate for gasoline.

Deputy PM Truong Hoa Binh attended the inauguration ceremony of the cluster of Srepek 1 and Quang Minh solar power plants in Buon Don district’s Ea Wer commune in Dak Lak province later last week.

Strong industrial infrastructure development and a sharp rise in investment in Haiphong City have helped to fuel the municipal tourism sector, according to leading international property services provider Savills.

The US Chamber of Commerce is now coordinating with Vietnamese ministries and agencies and the Viet Nam Chamber of Commerce and Industry (VCCI) to introduce a White book on the future of the two countries’ trade ties.

Vietnam continues to be one of the countries with the highest number of detected online infections, according to Kaspersky Security Network data.

Air Busan, a low-cost airline of the Republic of Korea (RoK), will increase its flights to central Da Nang city of Vietnam and other cities in Asia in order to meet the growing travel demand of passengers.

World stock markets dropped Friday amid fears over global growth following weak US job figures, a downgrade to the European Central Bank growth forecast, and data showing Chinese trade fell off a cliff last month.

The authorities in HCM City have asked the prime minister to advance more money to pay contractors and ensure the progress of the construction of the city’s Metro Line 1 project.