Business

Enterprises and localities from Japan and Vietnam signed agreements worth a combined $22 billion at the Conference on Business Promotion into Vietnam held on June 5 during Prime Minister Nguyen Xuan Phuc’s five-day visit to Japan.

On June 4, the World Bank (WB) released its Global Economic Prospects report, forecasting a global 2017 economic growth rate of 2.7% and a Vietnamese growth rate of 6.3%, lower than the 6.7% goal set by the government.

The central province of Khanh Hoa is considering allowing a local private firm to preserve and operate its Hon Mun Nature Reserve, one of the most famous tourist destinations in the province.

The HCM City Department of Taxation has collected a list of 13,469 Facebook accounts which are doing online business which they believe liable for tax.

Now is a good time for Japanese enterprises to invest in Vietnam as the two countries have reached high-level agreements on boosting cooperation, PM tells Japanese entrepreneurs.

Interest rates for deposits and loans and bond yields have remained relatively steady since the end of January, as inflation is under control and foreign exchange rate is stable.

Fourteen years after the country first applied, Vietnamese processors are still struggling to export fresh lychees to Australia.

Director General of FLC Group's wholly-owned Viet Bamboo Airlines Ltd. Co. Dang Tat Thang said that the company was expected to be operational by late 2018.

WorldTrans Travel and Transport Services will open 10 direct flights from the Mekong Delta city of Can Tho to Bangkok, Thailand from June 27 to August 2, heard a press conference on June 2.

The HCM City Department of Taxation is seeking ways to get information of business activities carried out online, including via Facebook, in order to collect taxes.

Ta Long Hy, deputy general director of Vietnamese taxi company Vinasun, said the company would persist with suing Grab and Uber for unfair competition.

Vietnam’s public debt will reach a record high during the 2017-2018 period before gradually falling in subsequent years, according to an official from the Ministry of Finance.

Dozens of franchises are being established in Vietnam and more new brands are expected to enter the market in the near future, according to experts.

Investment in Long Thanh International Airport in Dong Nai Province could reach USD16bn according to Minister of Transport Truong Quang Nghia.

A giant railway project linking Hanoi and the northern port province of Quang Ninh has been delayed for many years due to an investment shortfall.

Vietnam will boost the re-lending of official development assistance and restrict ODA grants to localities as a way to tighten control over this foreign loan.

Vietnam’s low-cost carrier VietJet Air has signed a contract worth US$3.6 billion with CFM International, a joint venture between General Electric (GE) and Safran Aircraft Engines, on the provision of 215 jet engines accompanied by technical and maintenance services

Civil Aviation Authority of Vietnam (CAAV) and national carrier Vietnam Airlines (VNA) are completing the necessary procedures to open a direct air route to the United States in 2018.

Vietnamese wood companies in Huong Khe District, Ha Tinh Province, are complaining about huge losses as their shipments are stuck in Laos after the government introduced a timber export ban.