Business

Unemployment may rise because of the high numbers of unskilled workers and increased industrial automation.

The Ministry of Industry and Trade has reported that the Dung Quat Shipbuilding Co., Ltd. faces high risk of bankruptcy due to big losses.

The Asian Development Bank on Tuesday trimmed its economic growth forecast this year for developing Asia to 5.6 percent.

Overseas remittances to HCM City this year are expected to reach US$5 billion instead of the expected $5.5 billion.

Japanese Kume Group plans to invest in a waste-to- organic fertilizer plant in Hung Yen, which is expected to help the northern province tackle waste problem and strengthen environmental protection, according to a local official.

The Ministry of Industry and Trade has decided to delete 12 steel projects from the country’s master plan until 2025.

Hong Kong's financial chief resigned Monday, in what is widely seen as a prelude to a leadership bid for the southern Chinese city's top job.

The State Bank of Vietnam has just confirmed the arrest of former CEO of the DongA Joint Stock Commercial Bank,Tran Phuong Binh, for violating laws on financial and banking activities.

A solution to deal with troubled commercial banks has been decided upon, Prime Minister Nguyen Xuan Phuc revealed. The regional development bank is planning to assist the Vietnamese government to solve the problem.

Vietnamese and Indian carriers, Vietjet Air and Air India, inked a Memorandum of Understanding (MoU) on the provision of aviation services for the two countries, in New Delhi on December 10.

Prime Minister Nguyen Xuan Phuc has said Vietnam must have a dynamic, smart and sustainable agriculture sector, considering developing this as one of the most difficult tasks before it, but one essential to modernising the national economy.

Việt Nam will continue to restructure its public debt with tighter monitoring of projects as it deals with the challenge of building macro-policies to deal with the issue, Prime Minister Nguyễn Xuân Phúc said yesterday.

The HCM City People’s Committee has asked permission from Prime Minister Nguyễn Xuân Phúc to hire an investor for the elevated road No. 1 project.

Ho Chi Minh City Department of Planning and Investment has issued 2,100 warnings to businesses to move out of residential apartment buildings within 15 days.

Vietnam Development Forum (VDF 2016) took place today in Hanoi under the moto “Facilitating and Action Oriented Government – New Driving Force for Development.”

The number of trading codes registered by foreign investors in Vietnam's stock market continues to rise, according to the latest official figures from the Vietnam Securities Depository (VSD).

PV Power Corporation, an affiliate of PetroVietnam, on December 8 issued a press release to announce that the firm’s Deputy General Director Le Chung Dung had failed return to work after a period away.

Vietnam is exerting efforts to improve the business climate and welcomes all ASEAN and international enterprises which have chosen the country as a trusted and attractive investment destination.

BRG Group and Sumitomo Corporation have held a signing ceremony for cooperation memorandum of understanding as strategic partners in order to collaborate in real estate and retail.