Business

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.

HCM City People’s Court has blocked Uber B.V’s legal action against the municipal Taxation Department.

Prime Minister Nguyen Xuan Phuc has approved direct flights between Vietnam and key markets, including the US.

The Ministry of Finance has outlined three scenarios for inflation in 2018, with the consumer price index in all staying below 4 per cent, the target set by the National Assembly.

Vietnamese people spend USD354m on snacks in 2017, according to the market research company Statista.

The import tax for cars imported from ASEAN has been slashed to 0% from January 1, 2018, which is expected to raise the country’s car ownership rate which remains low compared to regional averages.

New-age carrier Vietjet Air has become the first airline in Southeast Asia to take delivery of an A321neo (new engine option), after the Airbus aircraft landed at Tan Son Nhat International Airport in Ho Chi Minh City last week

The government will strive to reduce and simplify half its of current existing conditional business requirements in 2018 in an effort to improve Vietnam’s business climate to boost growth.

Finance-banking, real estate-construction and consumer goods are three industries that gain the highest profitability in the securities market in 2017.

Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system.

The Ministry of Industry and Trade predicts that Vietnam will earn US$200 billion from exports this year, 13% more than last year, exceeding the set target.

The Ho Chi Minh City Real Estate Association (HoREA) predicted stable development for the city real estate sector and claimed that there would not be a real estate bubble in 2018.

China's manufacturing activity edged down in December, official data showed Sunday (Dec 31), but largely maintained momentum despite increased curbs on heavy industry aimed at taming the country's chronic air pollution.