Business

London stocks and the British pound jumped Friday after an election triumph for Conservative Prime Minister Boris Johnson that analysts said will bring clarity to Brexit proceedings and unlock stronger economic growth.

The size of Viet Nam’s revised gross domestic product (GDP) rose by 24.5% annually on average in the 2010-2017 period, reported Nguyen Bich Lam, Director of the General Statistics Office on Friday.

A new hydropower plant project has been put into use in the central province of Quang Tri.

Kimberly-Clark Corporation yesterday announced its intent to partner with UNICEF to support initiatives that improve neonatal health outcomes in the rural mountainous and central highland provinces of north and central Vietnam and reduce infant mortality.

Car sales in Vietnam have been forecasted to hit the record high of 400,000 by the end of this year.

Director of the Civil Aviation Authority of Vietnam, Dinh Viet Thang, said it would take at least two more years for airlines to open direct routes to the US due to various issues.

Vishal Shah, Head of Business Banking Division at the Vietnam Technological and Commercial Joint-stock Bank (Techcombank), shared in an interview about how the bank implemented credit support programs for enterprises in the past years.

Electricity of Vietnam Group has reported alarmingly low water levels at the Hoa Binh Reservoir.

New Zealand's military will embark on a risky dawn mission to retrieve eight bodies from the still-active White Island volcano, officials said Thursday, as pressure from distraught victims' families mounted.

Thong Nhat Match JSC, one of the oldest companies in Vietnam, announced that they will stop producing matches and matchboxes due to low demands.

The Vietnam International Fashion Fair (VIFF) 2019 officially opened at Hanoi's Vietnam-Soviet Friendship Labour Cultural Palace in Hanoi on December 11.

A friendly visa policy is among major reasons to help boost the Vietnamese tourism development, said Kenneth Atkinson, vice president of Tourism Advisory Board.

The Asian Development Bank has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China and India is weighed down by both external and domestic factors.

Deputy Prime Minister Trinh Dinh Dung has approved of the plan to build the USD43m Lao Cai and Vinpearl Quang Nam golf courses.

The Vietnam Coffee and Cocoa Association and the Central Highland province of Gia Lai’s People's Committee co-hosted the opening ceremony of the third Vietnam Coffee Day on December 9.

While growth in most regions has slowed down, Vietnam’s economy is recovering strongly with GDP expanding by an average 6.84% during the 2016-2020 period, beating the set target and marking the highest figure in the past three five-year periods.

Although Việt Nam has made strides in enhancing the business environment and competitiveness capacity, there’s still room for improvement, heard participants at a meeting held in Hà Nội on Friday.

A VND10.99-trillion (USD478 million) project to build Terminal 3 at Tan Son Nhat International Airport in HCM City has been submitted to Prime Minister Nguyen Xuan Phuc for consideration.

Some sort of breakthrough is desperately needed to bolster the contribution of local enterprises in auto support industries.