Business

Vietnam will attend the World Travel Market scheduled for November 6-8 in London, the UK.

In the country’s e-commerce industry, online payments account for only 3 to 4%, while cash on delivery (COD) is still at 92%.

With growing demand for banking services to facilitate overseas education, HSBC Vietnam has introduced an Overseas Education proposition with a variety of services and benefits for Premier clients: overseas account opening from Vietnam, free fund transfers, and preferential foreign

The European Union and the Da Nang Energy Conservation Center (DEEC) launched a project entitled “Development of Solar Energy in Da Nang” (DSED) on November 3.

A workshop was held in Ho Chi Minh City on November 2 to seek to increase the export of Vietnamese agri-products.

State-owned enterprises and local businesses should pay due attention to training workers for the fourth industrial revolution (Industry 4.0) so that they are not rendered redundant, experts said.

From December 1, 2017, Vietnamese who can show a minimum income of VNĐ10 million (US$440) per month are eligible to gamble at a casino.

The Ministry of Transport has requested Uber and Grab use their logo on cars so that they can be recognisable.

Vietnam jumped 14 places to number 68 among 190 economies in terms of the ease of doing business this year, according to the latest rankings released by the World Bank.

Domestic upmarket silk shop Khaisilk has been revealed as importing cheap Chinese silk scarves worth USD1.36 and then selling for more than ten times that price after having new made-in Vietnam labeling.

More than 200 domestic and foreign enterprises will take part in the 26th Vietnam International Jewellery Fair (VIJF 2017), which will take place in Ho Chi Minh City from November 8-12.

Many sugar companies in Vietnam have been unable to sell sugar over the past two weeks although prices have reached a record low.

Moody’s Investors Service has changed its outlook for Vietnam’s banking system to positive for the next 12-18 months from stable, reflecting the country’s strong economic prospects and the positive outlook for most rated banks.

Samsung Electronics logged a record profit of $10.0 billion for the third quarter and announced a sweeping reshuffle of its top management on Tuesday, seeking to maintain its lead while its heir is in prison.

The government has outlaid VND213.8 trillion ($9.4 billion) on paying debt interest and principal since the beginning of the year to October 15, equal to 4.18 per cent of the country’s GDP, according to official data.

Famous silk brand Khaisilk may face a range of investigations after a scandal triggered widespread calls for the boycott of the once-luxury Vietnamese brand last week.

Police in Nghe An Province has arrested the leaders of two local companies for producing and trading fake petrol.

According to the State Bank of Vietnam (SBV), the issuance, supplement and use of bitcoin and other similar virtual currencies for legal payment is prohibited in Vietnam.

Quang Ninh’s provincial authorities in Ha Long City have requested tourism service providers on Ha Long Bay to list their service prices in Vietnamese, English and Chinese.