Business

The Export-Import Bank of China (China Eximbank) has completed the procedures to disburse an additional loan worth US$250.6 million for the Cat Linh-Ha Dong urban railway project in Hanoi.

Organic agriculture and environmentally friendly farming are a global trend. The world has approximately 43 million ha of organic farm land and the estimated global market for organic food is around US$80 billion.

Prime Minister Nguyen Xuan Phuc said that Vietnam had achieved many positive results in economic development in 2017, but in reality; the country’s current per capita income remains too modest.

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment.

Airlines, by December 26, had registered to increase nearly 3,000 flights and 582,000 seats on 22 routes from and to 18 domestic airports.

Vietnam Railways has put into use an additional 30 high-quality carriages for high demand routes during the coming Tet Holiday.

The consumer price index (CPI) in December increased by 0.21% from the previous month, according to the General Statistics Office (GSO).

About 8,036 cars with Takata airbag have been recalled by Toyota Vietnam over defective inflator and propellant devices.

Vietnam’s GDP grew 6.81 per cent in 2017, a six-year high and surpassing the initial target of 6.7 per cent, driven by a recovery in agricultural production and a pickup in both industrial output and services, the General Statistics

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.