Business

Hanoi Party Secretary Hoang Trung Hai has proposed to expand the runways at Noi Bai Aiport to avoid the capacity problems experienced at Ho Chi Minh City’s Tan Son Nhat Airport.

In mid-April, 2017, an Australian real estate firm organised a Ho Chi Minh City-based meeting to showcase its deep gratitude to customers who received its consultancy and bought houses in Australia in 2016.

Vietnam will get an additional loan of USD250 million from China for an urban railway project under an agreement signed in Beijing on May 11.

Vietnam attaches great importance to and prioritises economic, trade and investment ties with China, stated President Tran Dai Quang at a seminar on Vietnam-China economic and trade cooperation in Beijing on May 12 which drew nearly 500 businesses from

Plans are being put into places to support the airlines to open two new domestic and one international air route to Can Tho International Airport this year.

The northern province of Cao Bang has submitted a proposal to the government to apply for a USD300-million loan from China for an expressway project.

Recognizing the potential of Sapa as a travel destination for both foreign and local visitors, the Alphanam Group will build the Muong Hoa Cultural Park in the town with the aim of providing a place full of cultural sites,

The American Food and Drug Administration (FDA) has cancelled the import licences of 679 Vietnamese food and beverage manufactureres that did not re-register with the agency as required, or did so without following current procedures.

The International Monetary Fund said Asia's economic outlook faces "significant" uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.

The north central coastal province of Thanh Hoa is calling for over USD5 billion in FDI and DDI to 50 projects by 2020 according to organiser of the Thanh Hoa Investment Promotion Conference.

The investor in the Hanoi-Hai Phong Expressway, the Vietnam Infrastructure Development and Finance Investment JSC (VIDIFI), said they were incurring huge losses while the government support package is no where to be seen.

The Vietnam Chamber of Commerce and Industry will make five proposals to remove difficulties facing enterprises at a meeting with Prime Minister Nguyen Xuan Phuc.

The project “Support to the Up-Scaling of Wind Power in Vietnam funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) was reviewed in a seminar in Hanoi on May 8.

Vietnam International Group has received a US$1 million fund from a Singapore-based investment fund World Gold Investments PTE. LTD.

The Ministry of Finance has proposed to investigate the number of commercial areas that were converted from state-owned land.

Vietnam’s foreign direct investment (FDI) disbursement in the first four months of 2017 was estimated at USD4.8 billion, up 3.2% on-year, however, this is quite low compared with 12% growth over the same period of 2016.

Vietnam’s games industry is expected to see revenue of $1 billion by 2027, Mr. Le Hong Minh, CEO of VNG, told the Vietnam Games Summit on May 5, citing the burgeoning interest in games among young Vietnamese.

The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) will put up shares for sale in Singapore on May 9 as part of the company’s plan to sell 120 million shares in its initial public offering (IPO).

Many items of Cat Linh-Ha Dong metro project in Hanoi have not yet been finished on time due to the slow pace of investment by the contractors.