Business

Prime Minister Nguyen Xuan Phuc has approved investment of Lotus Cam Ranh Golf Course project in the south-central province of Khanh Hoa.

Many fish processing companies in the Mekong Delta region have gone bankrupt, owing banks and farmers billions of VND.

Over 60% of Japanese firms in Vietnam have plans to expand their business, according to Atsusuke Kawada, head of the Hanoi office of the Japan External Trade Organisation (JETRO).

The Ministry of Industry and Trade has proposed 20 industries from which private organizations are banned, in the latest draft decree on goods and services under State monopoly.

Vietnam’s export value to the US saw a considerable fall in January, which is partially blamed on US protectionist policies and restrictions on imports from many markets.

Hanoi authorities propose to issue badges for Uber and Grab taxis as they currently do with traditional taxi companies.

Bac Ninh should strive to become Asia’s capital of electronics manufacturing and a symbol of Vietnam’s rise in field of electronics, Prime Minister Nguyen Xuan Phuc said at the province’s 185th anniversary celebrations.

Residents at Home City Apartment Building in Hanoi are complaining about being cheated by the building's investor that is forcing them to use a longer route and smaller entrance to enter the building.

Made-in-China trucks which had once dominated the Vietnamese market are facing the slow sales since early 2016.

The Transport Ministry has declined to approve a Uber Vietnam request to pilot an IT upgrade for its services, citing, among other things, a lack of authorisation and validation from its parent firm.

It appears that Vietnam is best placed to become Southeast Asia’s Silicon Valley while most members of the ASEAN Economic Community (AEC) have ambitions of developing competitive technology sectors, “Asia Correspondent” said in a recent article.

Foreign sector manufacturers at the Vinh Phuc Industrial Park in northern Vietnam report they are facing a chronic shortage of highly skilled apprentices and unskilled production workers.

The central province of Quảng Ngãi expects to collect a total of VNĐ12.1 trillion (US$530 million) in State budget revenue this year, the People’s Committee said.

Around 81,000 people in HCM City need accommodation each year in the 2016-2020 period as the city continues to attract people from the countryside, according to the HCM City Real Estate Association.

Shares of the VietJet Aviation Joint Stock Company (VietJet Air) will be officially listed on the Ho Chi Minh Stock Exchange (HOSE) on February 28.

Vietnam plans to invest in its transport infrastructure comprehensively while linking development strategies among sectors in order to develop a multi-modal transport environment, making the country the gateway connecting Southeast Asia to the Indian Ocean.

The second meeting between Prime Minister Nguyen Xuan Phuc and the Vietnamese business community is due at the end of March in Ha Noi.

Chinese investment into Vietnam has been on a sharp rise, putting the country among the top ten foreign investors in Vietnam.

The Ministry of Transport has changed plans for the north-south highway project due to capital shortages. Only around 600km of the total route will be built first.