Business

The Republic of Korea’s retailers are accelerating their push to tap deeper into the Southeast Asian market after they suffered a serious setback in China in the face of Beijing's economic retaliation over Seoul's deployment of a US anti-missile

Latest updates from the Ministry of Construction showed that real estate inventories were on a declining trend but remained relatively huge.

Members of the Steering Committee on Price Management shared the view that the consumer price index will grow by less than 4 percent this year.

Annual demand for automobiles in Vietnam may stand at 600,000 units by 2025, the Ministry of Industry and Trade (MoIT) told a conference on the automobile industry and opportunities for manufacturing development in Vietnam.

Samsung Electronics Co. Vice Chairman and Chief Executive Officer Kwon Oh-hyun is stepping down after more than three decades at the company, saying that he’s making way for new leadership amid a corruption trial surrounding the de facto chief.

Vietjet Air and Qatar Airways have signed an interline partnership agreement to bring more choices and convenience for passengers, the low-cost airline announced on October 11.

Alibaba Chairman Jack Ma will come to Hanoi early next month to attend an e-payment service forum.

The Vietnam Institute for Economic and Policy Research (VEPR) has revised its 2017 growth forecast for Vietnam up to 6.64% in its latest report from its previous projection of 6.37%.

The US National Oceanic and Atmospheric Administration (NOAA) has warned Vietnamese seafood processors, importers and exporters to fight against illegal, unreported and unregulated (IUU) fishing, following a new rule that takes effect next year.

The Ministry of Finance has turned down Xuan Kien Automobile JSC (Vinaxuki) Chairman Bui Ngoc Huyen’s proposal to be given more bank loans to resume his firm’s Made-in-Vietnam car dream.

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.