Business

Quang Nam and Kon Tum Province have started a VND9trn (USD397m) project to grow and make Ngoc Linh ginseng a major product.

Starbucks Vietnam has announced the opening of its first Starbucks Reserve Coffee Bar in Hanoi, on May 5.

Credit growth in the first fourth months of the year rose to a six-year high of 4.89 per cent against 3 per cent a year ago, Prime Minister Nguyen Xuan Phuc told the monthly government meeting on May 4.

A World Bank-funded project has improved capacity of agricultural cooperatives in the Mekong Delta province of Kien Giang and helped change the farming practices of local farmers.

Japanese manufacturers regard Southeast Asia as the most important region for their business but are wary about labor shortages and pollution, according to a recent survey by Japan’s Mizuho Research Institute revealed to Nikkei.

As many as 13,102 new enterprises were established in April, the highest figure in the past 12 months, representing a month-on-month rise of 8.9 percent, according to the General Statistics Office.

The Civil Aviation of Vietnam has approved a proposal by the Hai Phong People’s Committee to build the second terminal of Cat Bi Airport since the first terminal is projected to be soon overloaded.

The national index of industrial production was estimated to rise 7.4 per cent in April, the Vietnam News Agency reports.

The International Monetary Fund said on Tuesday oil exporting countries in the Middle East continue to have the world's largest energy subsidy bill and that additional reforms are still needed to curb government spending.

The consumer price index in April remained unchanged from the previous month, but up 4.3 percent against the same period last year, the General Statistics Office has announced.

The Vietnamese power industry is undergoing an unprecedented transformation, and navigating it requires a full understanding of the entire energy ecosystem, experts say.

Vietnam earned an estimated US$604 million from the export of aquatic products in April, bringing the total figure of the year’s first four months to about US$2.1 billion, representing a year-on-year increase of 8.2%.

Deputy Prime Minister Truong Hoa Binh has urged the Government Inspectorate to investigate a giant pulp project in Nghe An Province which has been left idle for years.

Start-up businesses that focus on green growth will have the opportunity to receive funding and access to comprehensive business development support services from the Việt Nam Climate Innovation Centre (VCIC).

Vietnam’s trade revenue is estimated at 125.41 billion USD in the first four months of 2017, a year-on-year increase of 20.1 percent, said the General Department of Vietnam Customs.

Vietnamese citizens, especially the underprivileged, will have access to inexpensive drugs produced by US biopharmaceutical company Gilead Sciences to treat hepatitis C infections.

The Ministry of Trade has urged shopping centres and supermarkets to help the domestic pig sector.

The General Secretary of the Vietnam Banks' Association Nguyen Toan Thang unsurprisingly defended Vietnamese banks charging ATM collecting fees after public complaints about 25 kinds of under-the-counter fees.

The southern province of Long An has launched a number of measures to improve the investment environment and raise the provincial competitiveness index (PCI). By 2020, the province strives to become a modern and sustainable industrial province.