Business

Danang authorities are tightening control over coastal projects and will revoke investment licenses on slow or stalled projects.

PM Nguyen Xuan Phuc has vowed to support and ensure fair treatment to businesses from all sectors.

The APEC Senior Finance Officials’ Meeting (SFOM) will take place in the northern province of Ninh Binh on May 18-19 as part of three major events of the APEC 2017 Finance Ministers’ Process.

Foreign-invested enterprises, including Samsung Complex Vietnam (Samsung Vietnam) of the Republic of Korea, are important components of Vietnam’s economy, Prime Minister Nguyen Xuan Phuc told Han Myoung-Sup, General Director of Samsung Vietnam at a meeting in Hanoi.

Vietnam is facing tough challenges to fulfil its economic growth target for this year amidst the country is experiencing trade deficit and depending on foreign direct investment sector, held Dr. Vu Thanh Tu Anh, Fulbright University’s Director of Research.

Prime Minister Nguyen Xuan Phuc will have a meeting with the Vietnamese business community, including 1,500 representatives of the private sector, on May 17.

Bay Mau coconut grove, a popular tourism spot, in Quang Nam Province’s Hoi An Town has suffered through tourist development.

On May 15 and 16, the Institute of Chartered Accountants in England and Wales awarded the first international financial reporting standards certificates in Vietnam to nearly 80 financial experts and university lecturers in Vietnam.

The construction of the first phase of a tourism complex on Haiphong City’s Cat Ba Islands started on May 14.

Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions of dollars of losses because there has been relatively little take-up of cyber insurance, insurers say.

After a period of actively selling non-performing loans to the Vietnam Asset Management Company, banks are buying back the debts from the VAMC to handle by themselves.

Vietnam encourages Chinese businesses, including those from Fujian province, to invest in projects using high technology in the country, President Tran Dai Quang said at an economic-trade cooperation seminar on May 13.

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,