Business

Danish brewer Carlsberg A/S must pay market price if it wants to acquire a majority holding in the Hanoi Beer Alcohol Beverage Corp. (Habeco), Vietnam’s second-largest brewer, according to Deputy Prime Minister Vuong Dinh Hue.

Vietnam exported over one billion pairs out of 23 billion pairs of shoes sold worldwide in 2017, continuing to maintain the second position (after China) in shoes export.

The total investment in the railway route is estimated at more than US$50 billion, said the Ministry of Transport (MoT) on January 18.

VinFast Manufacturing and Trading Company Limited, a subsidiary of Vingroup, completed the contract of two model sedan and SUV cars with leading designer Pininfarina on Thursday.

The Ministry of Industry will continue to support local steel enterprises this year in their production and business, especially use of trade defence measures protecting the domestic steel industry.

Casino establishments in Viet Nam must soon equip their venues with features like a working camera system to aid the Ministry of Finance (MoF) in supervising the casinos’ operations, as part of the MoF’s plans to legalise casino activities

The HCM City Export Processing Zones and Industrial Parks Authority (Hepza) hopes to attract new investment worth US$900 million this year.

Vietnam Social Insurance Agency has turned down Mai Linh Taxi's proposal to extend their insurance payment deadline to 2038.

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.