Business

The average electricity retail price will officially rise today to VNĐ1,720 (7.6 US cent) per kWh, increasing 6.08 per cent from the current tariff of VNĐ1,622 (7.1 cent) per kWh.

Fishermen are increasingly entering foreign waters, while local firms are importing unprocessed seafood for export as local resources are diminishing.

FDI in Vietnam reached 33.09 billion USD in the first 11 months of this year, a year-on-year increase of 82.8 percent, the Ministry of Planning and Investment’s Foreign Investment Agency reported.

Polish President Andrzej Duda has described a Vietnam-Poland Economic Forum, held in Ho Chi Minh City on November 30, as one of the most important events of his ongoing visit to Vietnam.

Quang Tri Rubber Co. Ldt., a subsidy of the under the Vietnam Rubber Group (VRG), will plant 500 hectares of rubber and build a rubber processing factory in Saravane province, Laos under a land leasing contract signed on November

The number of people using smartphones, among mobile phone users, accounts for 84 per cent in 2017, compared to 78 per cent a year ago.

The consumer price index (CPI) in November rose by a slight 0.13% against the previous month and 2.62% from a year earlier, according to the General Statistics Office (GSO).

The US Department of Agriculture’s Foreign Agricultural Service reports forecasts coffee production in Vietnam for Marketing Year 2017/18 at 28.6 million bags, a 10 per cent increase compared to MY2016/17 due to favorable weather.

Despite talks of a direct route to the US for years, there remain concerns about a how profitable it would actually be.

The Bach Khoa Investment and Development of Solar Power Corporation (SolarBK Group) is the only Vietnamese business participating in the Future of Energy Summit, organised by Bloomberg New Energy Finance, in Shanghai, China on November 28-29.

Authorities in Danang City have temporarily stopped real estate transactions on Son Tra Peninsula pending a comprehensive inspection.

Foreign remittances to Ho Chi Minh City reached US$3.9 billion in 10 months leading up to November, said Deputy Director of the State Bank of Vietnam’s HCM City branch Nguyen Hoang Minh.

Ho Chi Minh City has asked the Government for an additional US$800 million for the metro No 2 line from Ben Thanh to Tham Luong to accommodate design changes and permission to delay completion until 2024.

Vietnam has proved again to be the market offering the most attractive office yields in the world, according to the latest Savills Office Yield Spectrum 2H 2017 report.

At a meeting on November 27 with representatives of Singaporean enterprises investing in Vietnam, as part of her official visit to Singapore that started on November 26, National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan applauded their initiatives in

The revenue of Vietnam’s retail sales market will reach over VNĐ11 quadrillion (US$484.58 billion) by 2025 and nearly VNĐ44 quadrillion ($1.938 trillion) by 2035.

Hundreds of drivers of Ba Sao Taxi Company went on strike on November 27 to call on the management to cut the level of fees they are being charged.

Member countries of the Association of Southeast Asian Nations (ASEAN) have bright economic prospects for the coming years due to strong regional integration, better transport connectivity and reform momentum.

The Ministry of Labour, Invalids and Social Affairs have announced the result of the investigation at Samsung Vietnam that was accused of mistreating workers by Sweden's International POPs Elimination Network.