Business

Former deputy general director at Bank for Investment and Development of Vietnam (BIDV) Doan Anh Sang has been detained for banking operation regulation violations.

2019 is expected to witness a sizeable amount of new supply coming on stream in retail real estate in Ho Chi Minh City, approximately 394,000 sq m gross floor area (GFA) from 12 projects located in non-CBD areas.

Equitization plans for nearly 100 State-owned enterprises (SOEs) must be approved before January 15 this year, the Government has required.

Four former executives of Binh Son Refining and Petrochemical JSC (BSR) will be brought to trial on January 21 for the charge of “abusing position and power to appropriate assets”, according to the Hanoi People’s Court.

PM Nguyen Xuan Phuc has just approved an adjusted plan for the Nghi Son Economic Zone by 2035 which will see a six-fold expansion in size.

The Civil Aviation Authority of Vietnam has given Bamboo Airways an Aircraft Operator Certificate for commercial flights on January 7.

The northern province of Ha Giang is famous for its honey.

The expanded export market, the export revenues hitting record high with US$40.02 billion, and the promotion of domestic consumption are the bright spots of Vietnam’s agricultural sector throughout 2018.

Four domestic carriers namely Vietnam Airlines, Vietjet, Jetstar Pacific and the Vietnam Air Services Company (VASCO), reported a total of 39,632 delayed flights in 2018, representing 13.4 percent of their flights – a year-on-year increase of one percentage point.

Vietnam’s tra fish export sector was probably the most improved industry this year, but rampant production could lead to excess supplies and price drops, according to Viet Dragon Securities Company (VDSC).

The Van Don Economic Zone in northern Quang Ninh province needs $70.2 billion by 2050 to meet its investment needs, the Vietnam News Agency quoted the provincial people’s committee as saying.

As many as 59.6 percent of domestic construction enterprises expect stable or better business in the first quarter of 2019, while 37.5 percent of firms said that they are likely to meet more difficulties, according to a survey launched

Vietnam will enhance its telecommunications infrastructure, expand its broadband network and develop 5G mobile connectivity this year.

Vietnam Report in collaboration with VietNamNet online newspaper has announced their list of the top 10 travel companies in 2018.

The Ministry of Construction (MoC) will carry out routine compliance inspections on investment and business practices at many big real estate firms in 2019, including MBLand, Mipec, Lạc Hồng, Thường Tín and Eurowindow Nha Trang.

Vietnam’s food processing industry has experienced rapid growth over the past five years and further expansion is expected as it eyes additional foreign investment, according to the Singapore-based Food Navigator Asia news.

The office scene in Ho Chi Minh City is heating up with the presence of high-end tenants from outside of the country, according to data from global real estate consultants JLL, and the city is among the top 20

The foreign-invested firms topped Hanoi’s salaries in 2018 with VND233 million (USD10,130) per month.

Qatar Airways said on Wednesday that it had acquired a five percent stake in China Southern Airlines, as it seeks to establish itself in the Asian aviation market.