Business

The Business Registration Agency reported that 126,859 new firms were established in 2017, an increase of 15.2% compared to the previous year and the highest recorded yet.

Vietnam has become the first country to export fresh star apple to the United States, after the first batch of the fruit from the Mekong Delta province of Tien Giang was exported to the market on December 26.

India is set to overtake the United Kingdom and France to become the world's fifth largest economy next year, a report said Tuesday.

Deputy Prime Minister Trinh Dinh Dung has signed a decision to develop nearly 1.3 hectares of depots by 2030 with an estimated investment of VND20trn to VND22trn.

The unemployment rate among university graduates and those holding higher degrees in the third quarter of 2017 was 4.51 percent, according to the Ministry of Labour, Invalids and Social Affairs.

Fugitive oil executive Trinh Xuan Thanh, who fled to Europe, is facing the death penalty for million-dollar losses at State-owned PetroVietnam, while its former Chairman Dinh La Thang may receive 20 years in prison for his poor management, prosecutors said.

Japan's unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that the world's third-largest economy is on track to recovery even if the pace is slow.

The Ministry of Finance has announced that the government will sell the remaining 36% stake in Sabeco.

The Vietnam National Coal and Mineral Industries Corporation (Vinacomin) set a goal of selling about 36 million tonnes of coal in 2018, up 2.5 million tonnes compared to 2017.

Authorities in Quang Ngai have turned down a proposal by Japanese firms to grow Japanese elephant garlic on the local island of Ly Son.

Vietnam’s foreign currency reserves may reach USD50bn this year because of state divestment in large corporations and remittances from overseas.

The Republic of Korea’s Jeju Air announced it would open some new routes to several Southeast Asian destinations, including Vietnam’s central city of Da Nang, between December 2017 and February 2018.

Many hotels in the Da Lat City have complained about the falling number of guests despite it being the city’s peak tourism season.

The Politburo has appointed Tran Sy Thanh, party secretary of Lang Son Province, as the new chairman of PetroVietnam Group after its former leaders were arrested.

Uber agreed to pay VND66.68 billion in tax arrears to local tax authorities, however, it will continue to complain about the charge and is even willing to take the Ho Chi Minh City Department of Taxation to court if necessary.

Investors of bitcoin in particular and cryptocurrencies in general should be aware of the possible risks involved in addition to rapidly increasing profits, experts have warned.

During the 10-year period (2007-2016), Vietnam was consistently the largest shrimp supplier for Switzerland, accounting for over 50 percent of total Swiss shrimp imports.

Maximum credit growth this year is forecast to be just 18-19 percent, meaning that the banking system will not use up the increased room of 21 percent.

Contrary to forecasts earlier this year that rice exports would face a host of difficulties, figures from the Ministry of Industry and Commerce (MoIT) show that exports have actually exceeded targets.