Business

The Airports Corporation of Vietnam (ACV) plans to sign a strategic partnership agreement with French airport authority Aéroports de Paris (ADP) in March this year.

Deputy Prime Minister Vương Đình Huệ has signed a policy decision encouraging cash-free transactions in Vietnam in order to reduce the number of cash-based deals, improve overall electronic payment methods and control tax evasion.

The Ministry of Labour, Invalids and Social Affairs on January 9 announced a report on Tet bonuses offered by businesses nationwide, showing a big disparity.

Logistics is a crucial factor in the development of the Mekong Delta, Deputy Prime Minister Vuong Dinh Hue told a conference on January 9 in the southern city of Can Tho.

US fast-food giant McDonald’s will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and the Carlyle Group, it was announced Monday.

Several banks in Vietnam are planning to give employees huge Tet bonuses this year.

Minister of Construction Pham Hong Ha has signed a decision to inspect 12 large real estate companies in 2017.

Government officials have announced that mineral exploitation will be more tightly controlled under a new regulation coming into effect on January 15.

More European enterprises are becoming keen on the Vietnamese food and beverage industry in anticipation of the EU-Vietnam Free Trade Agreement.

Authorities of the central province of Thua-Thien Hue have decided to revoke the land of a VND-70 billion (USD3.3 million) water park project which has been left unused for many years.

The current generation of Vietnamese are struggling with the most profound demographic transition ever and nowhere is this more evident than in the world of small retailers, speakers at a recent seminar in Hanoi have said.

Da Lat City in Central Highlands' Lam Dong Province is working with Japanese OTA Floriculture Auction Limited Company and local agencies to establish a flower trading centre in the city.

Overseas Vietnamese play an important role in developing HCM City’s economy, but the city lacks the legal framework required to fully utilise their capabilities.

Many large and unexpected merger and acquisition (M&A) deals were made in 2016, with retail and real estate continuing to dominate the domestic market.

The State Bank of Vietnam announced they intend to restructure five banks this year.

More challenges and difficulties will face the local economy in 2017, said Nguyen Duc Thanh, head of the Vietnam Institute for Economics and Policy Research.

The prices of RON 92 petrol and bio-fuel E5 remained unchanged, while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 on Wednesday.

In 2017 HCM City will focus its spending on key construction works and seven breakthrough programmes like relocating people living along slums in canals and building new apartments replacing old, dilapidated ones, a conference heard yesterday.

Vietnam has seen annual rises in imported meat, which has posed a challenge for domestic products and businesses.