Business

Several companies have announced plans to set up new airlines in Vietnam.

Hanoi’s first metro project, the Cat Linh-Ha Dong line, which is scheduled to be operational in the coming year, has already shown signs of rust.

Vietnam attaches importance and gives priority to promoting the Comprehensive Partnership relations with the U.S., expecting to attract more investment from the U.S. in such areas as energy, infrastructure, education-training and finance-banking.

Despite a decrease in newly-registered capital, the significant growth in the value of mergers and acquisitions became a key element in raising Vietnam’s foreign direct investment in the first five months of 2017.

Prime Minister Nguyen Xuan Phuc has recently approved a plan on restructuring state-owned enterprises (SOEs) in the 2016-2020 period.

The Ho Chi Minh City Department of Taxation has said recently that its data center is checking Facebook accounts used for conducting business, with a view to determining any tax obligations.

Forbes Vietnam has announced a list of the top 50 Vietnamese listed companies in 2017, which includes many new firms such as VietJet, Sabeco, Petrolimex, and Novaland.

Jonathan L. Moreno, chairman of AmCham, talks with the Vietnam Investment Review about the outlook of US-Vietnam bilateral relations and how the American business community helps consolidate the commercial ties.

Major technological innovation promises huge advances but also high unemployment.

Northern mountainous Lao Cai city, in the province of the same name, has begun construction of the Pho Moi tourism market, the first such market in Vietnam. It aims to contribute to preserving and promoting the traditional market model

Phu Yen’s provincial authorities’ claim that mass lobster deaths were caused by a sudden weather change has been rejected by local farmers who are blaming a company for releasing polluted water into the environment.

May’s lower consumer price index has mainly been attributed to the record low price of pork.

Farmers in the southern coastal province of Phu Yen are losing hundreds of billions of dong as their lobsters are dying en mass.

The Ministry of Planning and Investment has had to explain why Chinese firms continue to win tenders for major projects in Vietnam despite being tardy, unsafe, and of poor-quality.

The Chinese are considered ‘quiet investors’ compared with Singaporean, the Republic of Korean and Japanese, but there are signs they have been stepping up the takeover of Vietnamese properties.

Prime Minister Nguyen Xuan Phuc has approved a plan to build the first phase of the North- South Expressway, which is 684 km in length, before 2022, according to the Office of the Government.

Consumer association fined for false fish sauce report

Vietnam attracted more than US$12 billion in both new and additional foreign direct investment (FDI) pledges in the first five months of 2017, up 10.4% compared to the same period of 2016, according to the Foreign Investment Agency under

Vietnam Airlines and the FPT Group signed a three-year strategic cooperation agreement on May 25.