Business

Startups are a “promised land” for new graduates as they will present many employment opportunities in the near future, according to the latest report from the Navigos Group.

Vietnam and Hong Kong (China) boast a lot of potentials to promote economic cooperation, especially to raise bilateral trade, heard a press conference in Ho Chi Minh City on November 17.

At present, 65% of small and medium-sized enterprises (SMEs) still find it difficult to seek potential foreign partners and investors due to the lack of co-ordination and a high-skilled labour force.

Weak finance is preventing start-up firms from hiring talented employees, said Nguyen Duc Hai, co-founder and training director of VietFounder.

Four- and five-star hotels in Ho Chi Minh City have seen a slight decline in room rates although the rising number of tourists has resulted in an increase in occupancy rates at high-end hotels.

The remaining members of the TPP should leave the door open for a US return, PM Nguyen Xuan Phuc told Nikkei Inc. President and CEO Mr. Naotoshi Okada as well as Mr. Tsuyoshi Hasebe, Editor-in-Chief of The Nikkei.

Ant Financial enters into MoU with NAPAS that enables Chinese tourists to use Alipay when travelling in Vietnam.

Domestic Vietnam Airlines, Vietjet Air, Jetstar Pacific and Vasco in October together operated 18,392 flights on time, accounting for 89.4% of the total flights, according to the Civil Aviation Administration of Vietnam.

The first annual Vietnam Real Estate Forum officially opened in Hanoi on November 15, featuring the participation of around 800 domestic and foreign investors, property businesses and experts.

Lam Dong provincial authorities are seeking funding to build a recognisable brand for Vietnamese Arabica coffee.

The opening of Zara and H&M in Hanoi after their success in HCM City has shown the thirst for international brands among Vietnamese people, especially young people.

The third national startup festival (Techfest) 2017 opened in Hanoi on November 14, targeting to express a strong entrepreneurial spirit and startup support into the community.

Credit card holders will not be allowed to withdraw cash in excess of USD220 for domestic transactions and USD1,300 in foreign currency under a draft circular released recently by the State Bank of Vietnam.

Lobster farmers in Phu Yen Province are in need of new loans to continue their business after most of their farms were damaged in Storm Damrey.

VietJet Aviation JSC plans to expand its fleet to include wide-body jets as the Vietnamese low-cost carrier considers California as its first U.S. destination starting in the next two years.

Average salaries at Phu Quoc Special Economic Zone would be USD13,500 to USD28,600 by 2030 compared to the current USD2,200 in Vietnam, an official has said.

The soon-to-be-introduced Mai Linh Bike, known as M.Bike, will provide more options for app-based motorbike transport services and join UberMoto and GrabBike.

The Government Inspectorate has pointed out violations at a 300-hectare golf course project in the northern province of Hoa Binh.

The National Assembly (NA) at a meeting on Monday morning passed a resolution on 2018 budget estimates with 86.56 per cent of approval votes.