Business

Airports Corporation of Vietnam (ACV) has submitted to the Ministry of Transport an investment plan to upgrade various airports for the period 2018 - 2021 with the vision to 2025.

The consumer price index rose 0.45% in August from the previous month, the General Statistics Office reported.

The northern province of Quang Ninh on September 1 opened the Uong Bi ornamental market – the first of its kind in the locality.

Japanese casual clothing retailer UNIQLO unveiled its plans to open its first store in Vietnam during the fall of 2019, marking its further expansion in Southeast Asia.

Ministries and sectors are planning to reduce and simplify over 3,800 business conditions of the more than 6,200 in total, equivalent to 61.3% and exceeding 11.3% compared to the requests made by the Government and the Prime Minister, according

Up to 41,660 businesses in Vietnam ceased trading in the first eight months of this year, up 45.9% on-year, the Ministry of Planning and Investment reported.

Prime Minister Nguyen Xuan Phuc has said that among 12 targets assigned by the National Assembly (NA) this year, eight are likely to be surpassed and the four others to be met.

The Ministry of Transport will submit a USD60bn plan for the North-South express railway to the National Assembly.

The Department of Construction of Hanoi has proposed to recall and auction resettlement apartments if they are not used in two years to recoup investment.

Chinese yuan will be allowed for payment in the border areas between Vietnam and China.

Vietnam has attracted US$24.35 billion worth of FDI capital in the first eight months of this year, an increase of 4.2% over the same period in 2017, the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment,

Retailers, electronic stores and supermarkets are offering a myriad of promotions on National Day, September 2, to attract shoppers.

Nearly 10,000 members of the Vietnam Young Entrepreneurs Association (VYEA) created 3 million jobs in 2015 – 2018, heard the association’s sixth national congress in Hanoi on August 27.

After just a short time being launched in Vietnam, Indonesian company Go-Jek’s services have attracted many drivers and passengers.

A company in the northern province of Bac Giang has accused the Vietnam Trade Promotion Centre for Agriculture of overcharging exhibition stall rental and electricity fees for its stalls.

Around 400 Vietnamese and international architects and master planners discussed smart-city strategies and solutions at the 2018 International Conference of Asian-Pacific Planning Societies which opened on August 24 in Ho Chi Minh City.

Ethiopian authorities have affirmed that the country welcomes Vietnamese businesses to invest in trade and production and will give them attractive preferential policies.

The central province of Quang Binh will hold an investment forum this month which will be chaired by Prime Minister Nguyen Xuan Phuc.

Forbes Vietnam held a ceremony on August 23 to honour the 40 most valuable brands in Vietnam in 2018.