Business

Foreign banks have put a lot of money and effort into capturing the opportunities Vietnam's retail banking segment offers.

The State Audit of Vietnam (SAV) will audit 25 State-owned enterprises and financial organisations in 2019. They include the State Bank of Vietnam, 21 economic groups and corporations and three banks and credit institutions.

New-age carrier Vietjet Air and Japan Airlines (JAL) have announced they will begin codeshare flights starting from late October.

Employees at state-owned firms are getting the highest payment according to a new report by the General Statistics Office.

Vietnam ranked 77th out of 140 economies worldwide in the Global Competitiveness Report 2018 which was released by the World Economic Forum (WEF) on October 17.

The first metro project in Ho Chi Minh City may not be completed in 2020 as scheduled due to funding problems.

HCM City has so far this year not yet equitised any state-owned enterprises out of the year’s target of 39.

Vietnam and the European Union (EU) demonstrated their efforts to push the early signing, ratification and implementation of their free trade agreement and Investment Protection Agreement (IPA) during Prime Minister Nguyen Xuan Phuc’s ongoing visit to Europe.

Vietnam ranked 77th out of 140 countries in the latest Global Competitiveness Report, released by the World Economic Forum (WEF) on Wednesday.

Representatives from 20 Finnish firms have come to Vietnam to seek business opportunities, particularly in the area of waste-to-energy technology development.

France could provide USD1.3m in ODA funding for a consultancy project to study the expansion of Noi Bai International Airport in Hanoi to serve up to 80-100 million passengers per year with a view to 2050.

Prime Minister Nguyen Xuan Phuc called on Austrian businesses to invest in a wide range of areas in Vietnam while addressing the Vietnam-Austria Business Forum in Vienna on October 15.

Vietnam has seen a considerable increase in GDP per capita, but more efforts were needed to achieve the goal of USD3,200 by 2020.

In the future, the use of digital platforms by businesses will become a decisive factor in their success, delegates said at a conference in Ho Chi Minh City on October 12.

Local authorities and experts raised warnings about unsustainable tourism during a conference about Cham Islands conservation and sustainable development held in Hoi An, Quang Nam Province.

Vietnam Motor Show 2018 (VMS) will be held from October 24 to 28 with 15 brands such as Audi, Chevrolet, Ford, Jaguar, Lexus, Maserati and Toyota in HCM City.

Japanese companies have pledged USD1 billion into Hanoi during Prime Minister Nguyen Xuan Phuc’s on-going visit to Japan.

As at the end of the third quarter of 2018, total primary supply in Hanoi’s apartment market was 27,380 units and inventory nearly 21,000 units, according to Savills’ quarterly report.

Vietnam's nine-month trade surplus exceeded US$6 billion for the first time in many years, according to statistics released by the General Department of Vietnam Customs, on October 9.