Business

People who pay or accept Bitcoin or other virtual currencies will be fined and face up to three years of imprisonment from January.

The Government of Vietnam has consistently pursued a comprehensive integration policy with the focus placed on international economic integration, PM Nguyen Xuan Phuc has said.

Vietnam National Petroleum Group (Petrolimex) plans to sell diesel meeting Euro 5 emissions standards from January 1, 2018, becoming the first company to distribute diesel of the highest quality in Vietnam.

Taxi companies in Ho Chi Minh City have had to cut 3,000 cars from their fleets since the arrival of Uber and Grab, according to the city's Taxi Association.

Phung Dinh Thuc, former general director of the National Oil and Gas Group (PVN), has been prosecuted on charges of intentionally violating state regulations on economic management, leading to serious consequences.

China Railway, the state-owned railway enterprise of China, will expand Cambodia’s railway system as part of the Trans-Asean Railway, a railroad connecting China with its Asean neighbours.

Central bank holds year-end meeting with international financial and monetary organizations, foreign banks in Vietnam, and foreign agencies.

A series of projects belonging to real estate giants such as Vingroup, Bitexco, Geleximco, and the BIM Group will be included in the inspection plans of the Ministry of Construction (MoC) in 2018.

Vietnam Beverage, which the Thai Beverage Pcl holds a stake in, has bought a USD4.8bn 53.59%, stake in the Saigon Beer, Alcohol and Beverage Corporation at the bidding on December 18.

The 11th Investment-Trade and Tourism Promotion Forum of the Cambodia-Laos-Vietnam (CLV) Development Triangle took place in the southern province of Binh Phuoc on December 18.

The Asian Development Bank has approved a USD150 million loan to help improve economic connectivity and raise living standards in four of Vietnam’s northeastern provinces by enhancing basic infrastructure and services.

North Koreans enjoyed the fastest improvement in their incomes for five years in 2016, Seoul's statistics agency has said -- but Southerners are still more than 20 times better off.

Binh Son Refining and Petrochemical Co Ltd (BSR), the operator of Dung Quat Refinery, will conduct Vietnam’s biggest-ever initial public offering (IPO) on January 17 next year, hoping to garner about 4 trillion VND (157.4 million USD) for State coffers.

The central city of Danang is calling for an investment of VND1.5 trillion (USD68 million) into the development of high-tech agriculture.

Russian Export Centre and E&N Group on December 14 opened Russian Gastro House in HCM City’s District 1 to help Russian companies introduce their products directly to Vietnamese customers.

E-commerce giant Amazon is proceeding with its ambitious business plan in Vietnam, following Alibaba’s footsteps, said Nguyễn Thanh Hưng, chairman of the Vietnam E-commerce Association (VECOM).

Uber currently owes nearly USD3.1million to the state budget. If Uber fails to ensure the payment deadline, HCM City Department of Taxation will consider further legal measures to settle the outstanding payments.

Fishing boats must have black boxes turned on and provincial chairman will be held responsible for the immediate solutions proposed in an attempt to improve EU's yellow card over illegal fishing activities.

Confidence among Japan's biggest manufacturers is at an 11-year high, a key central bank survey showed Friday, as the world's number-three economy picks up pace.