Business

Given recent actions directed at lending, there is virtually no chance of a real estate "bubble" appearing in Vietnam's real estate market this year or next.

The Ministry of Industry and Trade (MoIT) on Friday announced that 99.3 per cent of goods sold by Mumuso Vietnam Company Limited were imported from China.

Vietnamese carrier, including Vietnam Airlines, Vietjet Air, Jetstar Pacific, and Vasco, operated a total of 150,010 flights in the first half of this year, up 9 percent year-on-year, reported the Civil Aviation Authority of Vietnam (CAAV).

The Ministry of Industry and Trade has proposed the transfer of the investment rights of some energy projects to Chinese investors.

The National Assembly Standing Committee has delayed a vote on a proposal to increase the environmental taxes on fuel products to the maximum limit, stating that it requires further consideration.

Deputy Prime Minister Trinh Dinh Dung asked the Ministry of Industry and Trade to speed up power projects as well as buying more electricity from Laos.

Minister-Chairman of the Government Office, Mai Tien Dung, hosted a reception for a business delegation from the US-ASEAN Business Council (USABC), led by Senior Vice President and Regional Managing Director Michael Michalak, in Hanoi on July 11.

The Van Don International Airport in the northern province of Quang Ninh welcomed the first aircraft on the morning of July 11, marking an important milestone in preparations for putting the airport into official operation later this year.

The business results recorded by Vietnam’s private sector have not improved to any major extent, Mr. Hoang Quang Phong, Deputy Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), told the “Improving the Development Environment of the Private

Deputy Prime Minister Trinh Dinh Dung has approved the establishment of FLC Group’s Bamboo Airways.

European firms continue to be optimistic about the business environment in Viet Nam and expect that the EU-Viet Nam Free Trade Agreement will soon come into effect.

There are many tools and the necessary space to control inflation below 4% this year, said Deputy Prime Minister Vuong Dinh Hue at the meeting of the Government's Steering Committee on Price Management held in Hanoi on July 10.

The southern province of Kiên Giang has listed three projects in Phú Quốc island district that are in urgent need of investment.

The Ho Chi Minh City Union of Business Associations (HUBA) has signed an agreement with the American Chamber of Commerce in Vietnam (AmCham Vietnam) to promote their members’ partnership in transferring technology and expanding investment chances.

Vietnam has attracted companies renting industrial property due to low cost as well as strategic location, strong economic growth and development of the middle-class, according to JLL Vietnam.

Vietnam should have policies and more support for local businesses in trade activities with partners in the Middle East and Africa.

Hanoi, Danang City and HCM City’s taxi associations have continued to complain that Grab have affected their businesses.

Kraig Biocraft Laboratories has met with the authorities of Quang Nam Province to discuss silkworm technology.

There was no new supply in Ho Chi Minh City’s office market in the second quarter of the year, according to CBRE’s Q2 Quarterly Report highlighting the city.