Business

Vietnam will officially measure the non-observed economy in 2020 to take stock of economic activity taking place unlawfully or at an unregistered household level, under a project recently approved by Prime Minister Nguyễn Xuân Phúc.

The Vietnam Air Services Company, a member of the Vietnam Airlines Corporation, has opened an air route linking the central province of Nghe An with the central city of Danang.

HCM City Superior People's Procuracy have rejected a compensation claim by taxi provider Vinasun against app-based journey booker Grab.

There is not enough ground to say that the Government of Vietnam intervenes in the domestic prices of the carbon steel welded pipe industry, according to the final determination by the Canada Border Services Agency (CBSA).

The northern city of Ha Phong houses 13 industrial parks with 449 projects and intends to build additional five to six others in the coming years.

The official operation of Hanoi’s much delayed first metro project has been rescheduled until April this year.

The Government has encouraged the power sector to attract non-State budget resources to meet average rising power demand of about 10-11% per year, said PM Nguyen Xuan Phuc.

A range of five-star hotels in Hanoi have been fully booked ahead of the US-North Korea Summit which is scheduled to take place in the capital city.

Deputy Prime Minister Trịnh Đình Dũng has urged agencies to work together closely to ensure that construction of Long Thành International Airport in the southern province of Đồng Nai will begin next year.

The first Vietnam International Travel Fest will take place from March 15 to 17 at AEON Mall Long Bien in Hanoi.

Prime Minister Nguyen Xuan Phuc has asked the International Monetary Fund to help Viet Nam evaluate and calculate the informal economic sector, which takes up a relative proportion of the country’s gross domestic product.

HCM City Urban Railway Management Board has pledged to speed up the implementation pace of much-delayed Ben Thanh-Suoi Tien metro project which is expected to be operated in 2020.

Many people have rushed to buy gold ahead of the God of Wealth Day on the 10th day of the Lunar New Year which falls on February 14 this year.

Manufacturing has been Vietnam’s key growth driver in recent years. While global trade has stagnated, Vietnam’s has soared from 70 per cent of GDP in 2007 to 200 per cent in 2017.

Many banks are trying to encourage customers to make deposits by giving out lucky money after Tet.

The State Bank of Viet Nam issued Circular No. 52/2018/TT-NHNN on rating credit institutions and foreign bank branches from 2019 onward.

The Central Highlands city of Da Lat has seen a sharp rise in tourists during Tet, leading to a shortage of hotel room and guesthouses.

Experts have predicted a banner year for merger and acquisition (M&A) activities in 2019 thanks to recent positive developments.

Experts have forecast minimal pressure on exchange rates in 2019, with little chance of significant volatility.