Business

Local people on Ly Son Island, Quang Ngai Province have expressed concerns about possible damage to the island if a newly-proposed urban area is approved.

Apple CEO Tim Cook has recently announced a plan to build a database center in Viet Nam in an effort to reduce reliance on third partners like Amazon and Microsoft.

Vietnam’s public debt in 2018 was estimated to account for less than 61% of national GDP, according to an official from the Ministry of Finance.

Vietnam had a trade deficit of about 1 billion USD in the first 15 days of this year, according to the General Department of Customs.

Construction on the Cat Linh-Ha Dong metro project has failed to keep to schedule.

Vietnamese startups were invested in to the tune of 900 million USD in 2018, tripling the previous year’s investment, according to a report recently released by Topica Founder Institute (TFI), a startup accelerator programme in Vietnam and Thailand.

Vietnam Maritime University raised concerns over the labour shortage looming in the maritime sector in Vietnam.

The EU-Vietnam Free Trade Agreement (EVFTA) is hoped to usher in a new period in promoting cooperation and mutual economic development between the two sides as it comes into effect in mid-2019, according to Italian experts.

Vietnam’s real estate market will be shaped by five main trends in 2019 according to a JLL report: the mid-end and affordable apartment segment, flexible workspaces, technology companies in the office segment, e-commerce in logistics, and hotel lifestyle.

More than 330 Vietnamese startups were established in 2018 with 34 industry verticals represented, according to the e27 Southeast Asia Startup Ecosystem Report 2018 released by startup-focused website e27 on January 21.

Corona Casino Phu Quoc, which opened late last week, is the first casino in Vietnam to allow Vietnamese to gamble.

The USD174m Cu Mong Tunnel which connects Binh Dinh and Phu Yen provinces has been completed and opened to traffic on January 21.

Vietnam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tensions between the US and China, a banking official said.

Vietnam has targeted an export turnover of USD21.5 billion for the footwear and bag export sector in 2019, up 11% on-year.

A ‘wine’ manufacturer in Hanoi has just been found producing large amounts of low-quality wine to sell at dirt-cheap prices.

The Ministry of Industry and Trade has forecasted that Vietnam would face a trade deficit of USD3 billion this year.

Vietnamese Minister of Culture, Sports and Tourism Nguyen Ngoc Thien chaired the 18th ASEAN Plus Three Tourism Ministerial Meeting on January 18, which forms part of the ongoing 2019 ASEAN Tourism Forum (ATF) in Ha Long city, Quang Ninh province.

Vietnam has climbed eight places to 18th in the world as the best place for a career for expatriates, according to HSBC’s Expat Explorer survey.

Chairman of the Hanoi People’s Committee Nguyen Duc Chung has expressed concerns that Hanoi could face power shortages in 2020 if construction lags on several power plant projects.