Business

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.

About 900 workers at Vina Kangaroo Garment Company in Thai Binh Province haven't received their wages or had insurance paid worth over VND15bn (USD661,000) as a South Korean investor has disappeared.

Total foreign direct investment (FDI) in Vietnam reached US$11 billion from the outset of the year, a year-on-year surge of nearly 41 percent, said the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).

Vietnam's sugar inventory reached a record high, with the figure mainly attributed to the flooding of illegally-imported sugar, according to the Vietnam Sugar Cane and Sugar Association.

The Japan International Co-operation Agency (JICA) will fund the extension of the Ben Thanh-Suoi Tien Metro in HCM City that will connect with Binh Duong and Dong Nai provinces.

Vietnam’s Auto Purchase Index (API) declined to 14.6 in the first quarter from 15.5 as consumers plan to delay purchases until 2018 when the ASEAN Free Trade Agreement eliminates tariffs on cars imported from the regional countries.

HCM City’s Ben Thanh-Suoi Tien metro line is facing a high risk of lagging behind schedule due to a shortage of capital.

Prime Minister Nguyen Xuan Phuc lauded Siemens AG’s cooperation with Vietnam in various fields during his reception in Hanoi on May 24 for Joe Kaeser, President and CEO of the German group.

Japan has replaced the US to become the Vietnam’s biggest shrimp importer in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Deputy Prime Minister and Foreign Minister Pham Binh Minh reaffirmed the Vietnamese government’s commitment to welcoming foreign investors, including those from Spain, with all possible support at the opening of the Vietnam-Spain business forum in Madrid on May 24.

The General Department of Taxation has asked local authorities to carry out inspections at the foreign-owned retail stores in Vietnam.

Prime Minister Nguyen Xuan Phuc has approved the development of WHA Hemaraj 1 Industrial Park in Nghe An province’s Southeast Economic Zone.