Business

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.

Formosa Plastic Group, through its five subsidiaries, intends to pour an additional $247.88 million into the existing $10.6 billion Formosa Ha Tinh Steel complex, to increase its capacity to seven million tonnes of steel.

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.