Business

While the hotel sector benefited from the APEC Summit, holiday home investors are waiting for the new year to come before introducing new projects.

The National Financial Supervisory Commission (NFSC) forecast Vietnam’s credit to grow 17- 18 percent in 2018, similar to the growth last year.

ATMs at industrial parks in Hanoi are crowded with workers who have to queue up to withdraw money.

As Tet nears, Hanoian families are paying to have their pets pampered and looked after.

Hanoi’s supermarkets are massively overcrowded in the run-up to the Lunar New Year.

Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.

Foreign direct investment (FDI) enterprises, which have enjoyed multiple tax incentives, pay the lowest State taxes despite reporting high profits, statistics show.

The State Bank of Vietnam (SBV) made a net cash injection of VND13 trillion ($572.9 million) into the economy in the past week to support liquidity at commercial banks, according to a report from the Vietnam News Agency.

Authorities of Lang Son have withdrawn the investment license of a project to build a cable car to Mau Son Mountain due to some problems related to its investors.

Vietnamese shares recouped part of the week’s losses on February 9 as the current massive sell-off across the stock market triggered investors to scoop up stocks at bargain prices.

The lack of a common voice among managers, the changes in business strategies, and the weak role on the board of directors are some of the reasons foreign shareholders have left Vietnamese banks.

The Ministry of Agriculture and Rural Development has worked with Vietnamese trade counsellors in 70 countries to seek measures to improve the export of agricultural products.

China will launch its own crude oil futures in March, the securities regulator said Friday, as the energy-hungry giant looks to wield greater influence on the international market by offering an alternative to the Brent and WTI benchmarks.

Vietnam’s coffee exports are expected to rise in 2018 thanks to projected annual increases of 7.1 percent for domestic yield and 1.3 percent for global consumption in 2017-18 crop.

The People’s Committee of Hai Phong City has proposed to build the second passenger terminal at Cat Bi International Airport by using public private partnership (PPP) funds in combination with other forms of investment.

One in three Southeast Asian consumers planning to buy a car are open to purchasing an electric vehicle, a recent study reveals, demonstrating the region’s strong potential to speed up the electrification of mobility.

Deputy Prime Minister Vuong Dinh Hue has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Vietnam.

Approximately 70% of Japanese enterprises operating in Vietnam intend to expand their operations in future, an increase of 3% compared to 2016, according to a JETRO survey.

The Ministry of Transport has completed a draft plan to expand the aviation sector for the 2018-2020 period, with view to 2030.