Business

Vietnam’s top prosecution body has called for a notorious fugitive oil executive to be sentenced to life in prison and a former Politburo member, Ho Chi Minh City Party Chief, and PetroVietnam Chairman to receive 14-15 years in prison

The European Investment Bank (EIB) has announced it will provide $171 million for the construction of Line No. 3 on the Hanoi Metro network and the purchase of new trains for the route.

The Da Nang People’s Committee and Vietnam Airlines held a signing ceremony for a cooperation agreement to promote tourism in the central city.

Dozens of villas and bungalows in The Song Resort project have been built without licences along Danang beach.

Foreign airlines will be able to buy up to 49 percent of Air India under new rules approved by the government on Wednesday to boost the debt-laden flag carrier.

F&N Dairy Investments Pte Ltd, a subsidiary owned by Thai business tycoon Charoen Sirivadhanabhakdi, has spent millions of USD to buy stakes at Vinamilk after another subsidiary bought a USD4.8bn stake in Sabeco last year.

Dinh La Thang tells court the pressure for project progress led to him acting unlawfully.

Many motorbike owners are still unsure if the new E5 fuel being sold nationwide suits their vehicles, and authorities need to improve public awareness accordingly, officials admit.

The Procuracy of Ho Chi Minh City on January 9 announced an indictment against Pham Cong Danh, ex-Chairman of the Vietnam Construction Bank Board of Directors, and his accomplices who were charged with “deliberately violating State regulations on economic

The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed.

Deputy Prime Minister Vuong Dinh Hue has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem).

General Director of Vietnam Airlines Duong Tri Thanh said that it would take a long time to break even or make profit through direct flights to the US.

The Ministry of Transport has submitted the draft of a new circular that includes regulations for passenger transport (by car) through software such as Uber and Grab.

Authorities in the central province of Thua Thien-Hue have requested a stop to app-based taxi firm Grab’s operations in the locality.

Deputy Prime Minister Vuong Dinh Hue signs Decision approving plan to restructure Vietnam Posts and Telecommunications Group in the 2018-2020 period.

The Vietnam Association of Seafood Exporters and Processors has projected shrimp exports to continue gathering momentum this year, particularly in the EU and China.

US coffee chain Starbucks on Thursday announced that it would again sell Vietnamese Đà Lạt coffee at its stores starting from Saturday, January 6.

The Investigative Security Agency at the Ministry of Public Security has arrested fugitive businessman Phan Van Anh Vu after his whereabouts were the subject of much speculation following an arrest warrant being issued last month.

PM Nguyen Xuan Phuc has requested Quang Nam Province’s authorities to provide a report on a local USD120-million soda plant which has been halted just some months after becoming operational.