Business

Chairwoman of the Vietnamese National Assembly (NA) Nguyen Thi Kim Ngan met with Chairman of the State Duma of Russia Vyacheslav Volodin on the sidelines of the third Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 3) in Antalya,

An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund to cut its forecast for world growth for this year and next.

Vietnam Airlines and Jetstar Pacific have started selling domestic tickets from October 8for the Tet holiday in early February 2019.

Prime Minister Nguyen Xuan Phuc is leading a high-level delegation of Vietnam to attend the 10th Mekong-Japan Summit in Tokyo and visit Japan from October 8-10. The trip is hoped to help lift bilateral trade to 60 billion USD

Vietnam is likely to remain the fastest-growing ASEAN economy in 2018 and 2019, as in 2017, stated a new report released by Standard Chartered.

Southern growers are facing huge losses as dragon fruit prices sharply dropped after Chinese traders stopped buying.

Local enterprises and farmers needed more information about the origin of export products because importers and retailers overseas had higher demands for traceability of agricultural products, according to experts.

Growth in the domestic office market has continued this year and is set to remain at record levels well into the future after more than 7 per cent growth in grade A rents last year, according to Savills Vietnam.

Many people believe that Parkson will continue contracting after four retail stores have already closed due to massive operating losses.

The 18th Vietnam International Plastics and Rubber Industry Exhibition (VietnamPlas) is being held from October 4 to 7 at the Saigon Exhibition & Convention Center (SECC) in Ho Chi Minh City’s District 7.

Vietnam has 116 golf course projects, 42 of which have gone into operation, according to the Ministry of Planning and Investment.

The Vietnamese Government commits to building a more favourable and competitive investment environment towards international standards and in accordance with commitments to high standards the country has made in new-generation free trade agreements, said PM Nguyen Xuan Phuc.

Even though new Vietnamese app-based taxi service Go-Viet is rolling out many promotion programmes, it is still losing against Grab.

Vietnam’s GDP is estimated to have increased by 7.1 per cent year-on-year in the first half of 2018, with its medium-term outlook improving further according to the latest World Bank economic report, Navigating Uncertainty, the October 2018 edition of

Foreign-invested companies play a crucial part in the Vietnamese economy, but they haven’t transferred much in the way of technology, said Prime Minister Nguyen Xuan Phuc.

The north-eastern province of Quang Ninh has signed a contract to build the Van Don-Mong Cai Expressway at a total cost of over VND11 trillion (US$473 million) under a public-private partnership.

Google has announced the removal of 56 gambling applications from its Google Play store because the games were not compliant with Việt Nam’s established laws, according to Deputy Director of the Authority of Broadcasting and Electronic Information.

Vietnam could earn about 239 billion USD in export revenue in 2018, up 10 – 12 percent from last year, analysts said, thanks to the favourable domestic and international economic context.

A sedan and SUV from VinFast - Vietnam’s first automobile maker - were officially launched at the 120th Paris Motor Show on October 2.