Business

Viet Nam has posted the highest regional increase in minimum wages over the last three years, more than Indonesia and China, but workers still struggle to make ends meet.

Vietnam has not taken full advantage of foreign direct investment (FDI) while its private enterprises have failed to connect with the global production chain.

Ho Chi Minh City’s economy expanded by 7.76% in the first six months of 2017, higher than the 7.47% growth rate recorded during the same period last year, according to the municipal government.

The Nikkei Asian Review on Thursday released its second annual Asia300 Power Performers Ranking, a compilation of the most powerful and valuable listed companies in Asia.

Poorly-planned projects have led to large housing inventory and a stagnant real estate market in Binh Duong Province.

HCM City will seek more public-private partnerships (PPP) investment for local projects due to the city’s budget limitations.

Vietnam’s first 7-Eleven convenience store opened in HCM City on June 15, attracting thousands of customers.

The bidding grievance handling mechanism needs to be renovated to ensure transparency and keep pace with the country’s rapid international integration, said Deputy Minister of Planning and Investment Dao Quang Thu.

Vietnam is expected to be the world’s fifth largest rice producer in 2017, according to the Crop Prospects and Food Situation report released by the UN’s Food and Agriculture Organisation (FAO).

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.