Business

Deputy Prime Minister Trinh Dinh Dung has asked for completion of the general planning for Tan Son Nhat International Airport expansion project.

Vietnam shipped around 1.79 million tonnes of coffee abroad in 2016, raking in revenue of US$3.36 billion, up 33.6% in the volume and 25.6% in value compared to the previous year, according to the Ministry of Agriculture and Rural Development.

The CPI increased 0.23 per cent in December compared to November and 4.74 per cent year-on-year, according to the General Statistics Office.

The irresponsibility of Chinese contractors caused the long delay in the construction of the multimillion-dollar Thuong Kon Tum Hydropower Plant, located in the Central Highlands province of Kon Tum.

Vietnam’s per capita GDP reached an estimated USD2,215, up USD106 compared with 2015, according to the General Statistics Office.

Farmers in the Central Highland province of Gia Lai are destroying their coffee plantations to grow sacha inchi plants believing they will gain better returns.

The State Bank of Vietnam has ceased issuing treasury bills and begun pumping capital totaling VND22 trillion ($966.46 million) into the market via open market operations in the last three weeks.

China has authorised 22 Vietnamese businesses to export rice into its market, Vietnam’s Ministry of Agricultural and Rural Development announced.

Local authorities of the Central Highlands province of Lam Dong’s Dat Lat City have approved a plan that intends to see the city be transformed into Southeast Asia’s top vegetable producer.

State-owned groups and enterprises have brought back VNĐ6.84 trillion (US$301 million) to the State coffer during their divestment process in 2016, according to the Finance Ministry.

Deputy Prime Minister Phạm Bình Minh has agreed in principle to build an underground shopping centre in downtown HCM City along side the city’s first metro line project.

Deputy Prime Minister Vuong Dinh Hue has lauded the northern mountainous province of Thai Nguyen’s optimal conditions for tourism development, particularly Nui Coc lake and tea culture.

Commercial trade growth for the Asia Pacific Region slowed to 2.3% in 2015, far below the expectations of 2.7% that had been forecast, said the Asian Development Bank in a recently released report.

Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths.

Vietnamese citizens may be allowed to enter a new casino at the Van Don Special Administrative-Economic Zone in northern Quang Ninh province on a trial basis.

The government will keep inflation below 5% in 2016, said Politburo member and Deputy Prime Minister Vuong Dinh Hue at the meeting of the National Steering Committee for Price Management in Hanoi.

Vietnam’s real estate market will continue to see stable development in the apartment segment with abundant supply in 2017, a conference in Hanoi on December 20 heard.

The number of newly-established firms set a record in 2016, reflecting improvement in business confidence, following the Government’s efforts to boost reform.

Danang Party Secretary Nguyen Xuan Anh said the plan to build the tunnel beneath the Han River had been agreed long ago and was now even more necessary.