Business

Hanoi and HCM City departments of transport have asked taxi firms to remove slogans opposing Uber and Grab on their cars.

Vietnam Airlines and Air France have inked a joint venture deal, which is due to start from November 1, to bring more benefits to passengers on their air routes between Vietnam, France and Europe.

About 97% of imported fuel in the first nine months of 2017 came from South Korea after taxes for the country were dropped to 10% while taxes for other ASEAN countries remained at 20%.

With a total population of more than 400 million, the 16-country Middle East is a promising market for Vietnam’s farm exports, economic experts said.

Amidst more flexible international and regional FDI inflows, Vietnam needs to innovate strongly in order to be effective in tapping this source of capital to serve the purpose of reforming the growth model and restructuring the economy, experts have said.

Vinasun taxis in HCM City have used decals to oppose Uber and Grab, urging management authorities to stop their operation in Vietnam.

The Vietnam Business Summit (VBS) will be held within the framework of the APEC Economic Leaders’ Week in Da Nang early next month.

The latest figures from the Vietnam Association of Seafood Exporters and Producers (VASEP) show that shrimp export turnover to the US is rising while tra fish products continue to decline.

Standard Chartered Bank (SCB) on October 6 increased its forecast for Vietnam’s GDP growth rate for the whole year to 6.8 percent, higher than the Government’s set target of 6.7 percent.

Cambodia exported some 421,000 tonnes of rice in the first nine months of this year, up 16.7 percent compared to the same period last year.

It is no longer easy to sell goods via Facebook as sales are not high enough for many shops to cover expenses of ads. In addition, online traders will suffer if the social network or international cable network breaks down.

Vietnam Securities Depository (VSD) has announced that it issued 281 securities trading codes to foreign investors during September.

Head of the Ministry of Industry and Trade's Department of Market Management Trinh Van Ngoc promised to put an end to unhealthy competition and illegal gas extraction.

Prime Minister Nguyen Xuan Phuc has vowed that Vietnam always supports and creates optimal conditions for foreign investors, including Samsung, to run business in Vietnam.

Japanese auto supply giant Denso announced plans Friday to invest $1 billion to expand its US operations to focus on technology for automotive safety and electric vehicles.

The first wholly foreign-owned petrol service station in Vietnam was opened on October 5 in Hanoi.

Prime Minister Nguyen Xuan Phuc has approved a plan to deal with 12 loss-making industrial projects managed by the Ministry of Industry and Trade.

Hanoi will take over three delayed transport projects from the Ministry of Transport to speed up efforts in curbing traffic jams in the city.

Workers at industrial zones will be able to own a 45-square-metre apartment at the price of VND270m (USD11,800), according to a non-profit project by the Vietnam Confederation of Labour.