Business

Vietnam’s rice export industry has a bright future with good contracts after having a successful year.

PM Nguyen Xuan Phuc has asked the Ministry of Transport to investigate the high transportation fees which are affecting local import-export companies.

Standard Chartered Vietnam in Ho Chi Minh City on January 17 issued a global economic report, forecasting that Vietnam’s GDP will expand 6.8 percent in 2018.

Mai Linh Taxi Company has asked for the government's help to pay insurance for employees as they have incurred more than VND180bn (USD7.9m) in losses by the end of October last year.

Many Uber and Grab drivers have expressed opposition to the firms’ commission policies, saying that if the ratio is not lowered, they would stop working.

Vietnam’s fisheries sector has set a target of earning US$9 billion from exports in 2018, while increasing its production value by 5.3%-5.8% compared to 2017.

Vietnam’s real estate sector lacks experienced and technically-skilled personnel able to implement major projects, according to the latest report from Navigos Search.

The General Department of Vietnam Customs has proposed to build a bridge to China in the northern province of Lao Cai to boost the local economy.

PM Nguyễn Xuân Phúc lauded the Ministry of Industry and Trade's accomplishment of reaching US$200 billion export turnover for the first time and the abolishment of 675 business and investment conditions.

Vietnam welcomes Mitsubishi Motors’ plan to build its second plant in the country, said Deputy Prime Minister Vuong Dinh Hue while receiving the group’s Executive Vice President Kozo Shiraji in Hanoi.

The investor in The Song resort project in Danang City has started removing illegal constructions and asking permits for the rest.

Vietnam has filed a complaint to the WTO over US anti-dumping measures on Vietnamese fish exports, the Ministry of Industry and Trade announced on January 14.

Two lawyers in Vietnam have started a movement to sue Apple over software that slows down older iPhones.

The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) produced a total of 1.72 billion litres of beer in 2017 and saw a 11 percent revenue growth year-on-year, said the corporation.

Japanese companies in Vietnam are seeking more personnel, especially at the managerial level, as investment from Japan has risen greatly in recent years.

The total import-export revenue through the Thanh Thuy International Border Gate in the northern province of Ha Giang reached a record high of US$3.66 billion in 2017, soaring 200% from the previous year.

The non-performing loans (NPLs) of credit institutions were effectively controlled during 2017, according to the State Bank of Vietnam (SBV), helping the NPL ratio in the entire banking system fall to 2.3 per cent from 2.46 per cent as

The state-owned oil and gas group PVN has been asked to expedite a number of major refinery and power projects which are currently lagging far behind schedule.

A Chinese company have expressed an interest to develop a golf course project in the central city of Danang.