Business

The Vietnamese internet economy has almost tripled in three years to reach 9 billion USD in 2018, driven by e-commerce and online media, a new report released by Google and Temasek showed.

A list of 100 sustainable companies operating in Vietnam were honoured at a ceremony, held in Hanoi on November 22, in the presence of Deputy Prime Minister Vuong Dinh Hue.

The central city of Danang has called on investment for seven major projects, including a metro line linking to the tourist town of Hoi An.

Nearly 750 businesses from 20 nations and territories around the globe will attend the 16th Vietnam International Trade Fair (Vietnam Expo 2018) slated for December 5-8 in HCM City with a wide range of trade promotion activities.

Major shopping centres in Hanoi have seen a surge in visitors on November 23 due to Black Friday sales.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring huge benefits for both Vietnam and Japan, Deputy Minister of Industry and Trade Tran Quoc Khanh has said.

Building Ho Chi Minh City into an innovative business hub in Southeast Asia will top the agenda at the Ho Chi Minh City Economic Forum (HEF) 2018 slated to kick off on November 23.

Many stores in Hanoi have offered discounts in the run-up to the Black Friday weekend.

Hanoi authorities have proposed that 20,000 taxis operated by 60 local taxi firms should share the same livery colours from 2026.

Prime Minister Nguyen Xuan Phuc has approved a casino project on Phu Quoc Island, Kien Giang Province, which will let locals with a monthly income of over VND10m (USD428) to gamble.

The Ministry of Planning and Investment has proposed tightening control over choosing contractors following the public concerns over slow pace of projects carried out by Chinese firms in Vietnam.

As many as 667 equitized State-owned enterprises (SOEs), including many big names, have yet to list their shares on the stock exchanges so far, said Minister of Finance Dinh Tien Dung on November 21.

The equitization of State-owned enterprises (SOEs) is unlikely to meet this year’s target, as only eleven had completed the process as at the end of September, the English online newspaper Vietnam News reports.

The Long Thanh International Airport project in the southern province of Dong Nai has been scheduled to begin construction in 2020 and operate in 2025, according to Airports Corporation of Vietnam.

The two-way trade revenue between Vietnam and India is on course to increase and is expected to hit US$15 billion by 2020, heard the Vietnam India Business Forum, held in Hanoi, on November 19.

A new housing plan to 2020 that will improve city landscapes and quality of life for its residents has been approved by HCM City authorities.

The import of wheat contaminated with the cirsium arvense into Vietnam has continued despite warnings, posing a high risk of the spread of this harmful weed.

Greater attention now being paid to R&D investment by domestic enterprises, who are increasing the application of their scientific and technological products.

Final five of 19 State-owned groups and corporations have been handed over from ministries to Committee for Management of State Capital.