Business

The Ministry of Industry and Trade (MoIT) has conducted a review and is making preparations for imposing safeguard duties on steel imports, after 18 domestic steel manufacturers called for assistance.

The price of RON 92 petrol and E5 bio-fuel increased by 919 VND and 800 VND per litre respectively, on December 20.

A number of luxurious shopping centres in Vietnam are facing slow sales and even closing as they fail to meet customers' changing demand.

More than 5.2 million foreign tourists visited Ho Chi Minh City in 2016, a rise of 10% against last year, the Vietnam National Administration of Tourism has said.

A conference was held in Hanoi on December 20 to promote investment opportunities into the Hoa Lac Hi-Tech Park, seeking to develop its science and technology potential and to build it into an appealing destination for hi-tech investors.

Three economic growth scenarios for the country have been revealed by the National Centre for Socio-Economic Information and Forecast and the Ministry of Planning and Investment.

PM Nguyen Xuan Phuc has decided to grant a package of VND 50-60 trillion (US$ 2.3-2.76 billion) for high-tech farming with the most favorable and open lending mechanisms.

Prime Minister Nguyen Xuan Phuc urged authorities of the Central Highlands province of Gia Lai to provide specific incentives for domestic and foreign investors during an investment promotion conference held in the locality on December 18.

Vietnam’s construction industry will grow by 6.3 per cent in real terms of 2017 and 6.1 per cent in 2018, according to Business Monitor International Research, a Fitch Group Company.

State-run Vietnam Oil and Gas Group (PetroVietnam) remains on top of the 500 largest Vietnamese enterprises list (VNR500) in 2016 in terms of revenue.

The Vietnam government has lifted a 15-year ban on the import of French beef effective as of December 15, of last year.

Vietnamese companies ship an estimated four million tons of woodchips to China annually, according to statistics from the General Department of Vietnam Customs.

The government has approved the scheme to build special economic zones in Quang Ninh, Khanh Hoa and Kien Giang provinces.

Deputy PM Trinh Dinh Dung has allowed Quang Ninh Province to decide on the investment and construction of the Van Don-Mong Cai Expressway.

A farmer in the Mekong Delta city of Can Tho has succeeded in training his snakeheads to jump high out of water. His fish have attracted many visitors.

The CLMV (Cambodia, Laos, Myanmar and Vietnam) group represents nascent potential merger and acquisition (M&A) opportunities in the region, with frontier Vietnam serving as a gateway into the group as it seeks an upgrade to emerging market status, according

The Ministry of Industry and Trade has tightened control over overseas trips by leaders of its groups and corporations, particularly those from Vietnam National Oil and Gas Group.

Vietnam's rice exports have sharply fallen to a seven-year record low because of weak abilities, according to a new report by the Ministry of Agriculture and Rural Development.

Vietnam’s macroeconomic stability and resilient economic growth will continue to support the bank’s weak credit profile, but high credit growth and unresolved bad debts might turn the outlook into a negative, a report by Moody’s said.