Business

The Ministry of Construction has proposed importing sand due to apparent domestic shortages.

The country’s inflation this year is forecast to reach 2.6 per cent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission (NFSC) reported on Monday.

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Transport to hire a foreign consultancy firm in order to evaluate the expansion of Tan Son Nhat Airport in Ho Chi Minh City.

The Vietnamese Swiftlet Farming Association under the Vietnam Farms and Agricultural Enterprises Association has made its debut in HCM City’s Cần Giờ District.

Only a small amounts of livestock products are able to be exported as food safety management in Vietnam is still weak.

Vietnam property company, FLC Group, which aims to start a new airline that could take to the skies for the first time early next year, is working with Airbus to lease about seven aircraft by 2018, the company's chairman

The country inevitably must launch a fund to support sustainable Vietnamese tourism growth, Vũ Thế Bình, vice president of Vietnam Tourism Association said.

Co. has been in talks with a Hong Kong investor and a firm with offices in Singapore to sell $100 million of debt as soon as 3Q to fund its projects, Chairman Trinh Van Quyet says in phone interview.

The State management agencies and local authorities must be cautious with the real estate market performances and wary of a market bubble, Deputy Prime Minister Trịnh Đình Dũng reiterated recently.

The Ministry of Transport has proposed to build a 43-km-long railway link Tan Son Nhat Airport with the planned Long Thanh Airport.

A need to fund infrastructure projects vital to expanding Vietnam’s economy and boosting connectivity is pushing its Government to turn to the private sector for support.

Vietnam has been named among the Top 6 most-attractive retail markets in the world this year by A.T. Kearney in its Global Retail Development Index (GRDI), following India, China, Malaysia, Turkey, and the United Arab Emirates (UAE).

More than 600 international cosmetics brands will make their debut in Vietnam during the Mekong Beauty Show 2017 in HCM City from June 15 to 17.

Some 232 foreign investors were granted securities trading codes in May, of which 198 were individuals and 34 were organisations, according to the Vietnam Securities Depository.

HCM City authorities have vowed to eliminate all local unlicensed markets within July this year as a way to deal with food of unclear origin.

Nguyen Ngoc Giao, deputy head of the HCM City Department of Transport’s road traffic board has spuriously claimed that taxi phone apps have led to an increase in the number of vehicles in the city.

Experts have warned about a slowdown in the luxury apartment sector in Ho Chi Minh City as rental prices are dropping because of excessive supply.

The Japan International Cooperation Agency (JICA) has signed an official development assistance (ODA) loan agreement worth 12.865 billion JPY (117.8 million USD) for the Hoa Lac Science and Technology City Development Project.

State Bank of Vietnam Governor Le Minh Hung told the National Assembly on June 7 that there's no loophole in the draft resolution on bad debt for individuals and groups to exploit.