Business

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.

Thousands of discounted tourism packages have been introduced at the Vietnam International Travel Mart (VITM 2019) which on March 27 in Hanoi.

Several distributors have complained about a shortage of RON95 petrol over recent days.

Total Q1 registered FDI has reached a record high of over US$ 10 billion over the last three years, the Foreign Investment Agency under the Ministry of Planning and Investment (MoPI) reported.

Vietnam’s total trade turnover reached US$100 billion between the start of the year and March 19, according to the General Department of Vietnam Customs.

PM Nguyen Xuan Phuc welcomed Germany’s plan to ease conditions for Vietnamese guest workers, pledging to work with the German side on this issue.

Prime Minister Nguyen Xuan Phuc met with the CEO of the Dubai Investment Group (United Arab Emirates - UAE) Mohammed Ibrahim Al Shaibani on March 25 at the headquarters of the government.

Prime Minister Nguyen Xuan Phuc said he wishes that Chu Lai would strive to become a high-quality agro-forestry processing hub of the country to be able to meet huge demand in ASEAN, northeastern Asia, G7 and G20 countries.

Vietnamese importers and exporters should stay alert and take a proactive approach to risks posed by the unpredictable development of the US-China trade tension, experts said at a workshop in Ho Chi Minh City.