Business

Hanoi was ranked as having the tenth-cheapest taxi services in the world in the recently-released 2017 Taxi Price Index from Carspring, a UK-based online car sales website.

The lucrative tourism market is being exploited massively by domestic and foreign travellers through internet-based tools.

The central bank on Friday held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.

The Vietnamese property market must improve market information transparency to attract investment and develop sustainability, experts said.

The Government Inspectorate (GI) has released findings of egregious wrongdoing in the implementation of a number of BT (Build-Transfer) and BOT (Build-Operate-Transfer) infrastructure and environmental projects in Hà Nội City.

Vietnamese are surprisingly among the citizens of the top 10 countries that spend the most on US property, pouring in a gigantic USD3bn, according to a recent report by the US National Association of Realtors.

The Ministry of Planning and Investment (MPI) has proposed a reduction for cement export tax to help ease the oversupply in the domestic market.

A survey on service quality of Vietnam’s three largest airports of Noi Bai, Tan Son Nhat and Danang showed that their wifi connections received low customer satisfaction ratings.

Authorities of the Central Highlands province of Lam Dong have licensed 10 companies to organise adventure tours.

The domestic retail price of RON 92 petroleum increased by VNĐ357 to reach VNĐ16,426 (73 US cents) per litre as of 3pm on Thursday, the Ministry of Industry and Trade (MoIT) said.

Police in Thailand have found a Vietnamese company organising an illegal tour to the country and detained the tour guide and the leader of the tour.

Military-run telecom group Viettel has recorded a pre-tax profit of VNĐ1 trillion (US$41.2 million) from its overseas investments in the first half of 2017, a 156 per cent year-on-year increase.

South Korea has surpassed the US, the EU, and ASEAN for the first time to become Vietnam’s second-largest trade partner.

Mitsubishi Motors plans to produce electric cars using advanced technology in Vietnam, Osamu Masuko, its CEO, said to Prime Minister Nguyễn Xuân Phúc on Tuesday.

The Ministry of Agriculture and Rural Development has raised warnings about possible over supply of pork while farmers are positive that prices will rise.

Hanoi has banned ride-hailing apps, including Grab and Uber, from offering ride-sharing service following the Ministry of Transport’s recent ruling.

New international routes have opened up to and from Vietnam to meet increasing demand from both business people and travelers.

Shares prices of FLC Faros Construction Company (ROS) have been on the rise after the firm paid a share dividend of 10% on record as of July 4.

Vietnam must develop small and medium hydropower plants as well as make use of renewable energy to avoid energy shortages, according to Tran Viet Ngai, Chairman of the Vietnam Energy Association.