Business

The ASEAN Regional Business Council (RBC) has been launched in Hà Nội with the aim of promoting public-private cooperation on the most pressing issues facing Southeast Asia.

The Ministry of Construction is seeking strategic investors in the Urban and Industrial Zone Development Investment Corporation (IDICO), the Housing and Urban Development Corporation (HUD), the Vietnam Cement Industry Corporation (Vicem), and the Song Da Corporation.

Many traditional lottery companies in the southern region are losing out to Vietnam Computerised Lottery Company, Vietlott, which is attracting lots of customers due to its high-value prizes.

The nine-month imports of coal reached 10.5 million tonnes, shooting up 147 percent from a year earlier, and this trend will continue in the next years to meet economic growth demand and ensure energy security.

The Prime Minister has approved a plan to add VND3.6 trillion of reciprocal capital to projects using ODA capital from the medium-term public investment plan for 2016-2020.

Most farmers in the country will enjoy either full exemptions or a 50-per cent reduction in annual agricultural land use tax from 2017, according to a draft proposal on agriculture land use tax.

Apple is battling to gain a foothold in Indonesia after nationalistic regulations hit the US tech giant's efforts to compete in the booming emerging market against Samsung and other rivals.

Domestic software developers are expecting that North America will become the second market for Vietnamese outsourcing companies, after Japan.

Several fish sauce associations have sought for help from the PM to save the local fish sauce industry after a recent warning by Vietnam Standards and Consumers Association about the high arsenic levels in the product.

Vietlott said they had protected the winner's identity as requested after many people raised doubts about the company's credibility when it gave the prize to a masked man on October 18.

Inspectors of the Science and Technology Ministry and the Police Department for Economic Management on October 21 destroyed up to 2,300 fake fashion products.

Moody’s Investors Service has just concluded its review of eight Vietnamese banks.

Vietnam is planning to merge the Hanoi Stock Exchange and HCM City Stock Exchange into the Vietnam Stock Exchange to improve transparency and attract more foreign investors.

The Government Inspectorate has urged the Ministry of Public Security to investigate PetroVietnam's USD359-million polyester manufacturing plant after it made huge losses.

A string of summits which aim to further links among Greater Mekong Sub-region countries will take place in Hanoi from October 24-26.

Five industrial corridors will be formed in the Red River Delta under a plan on industrial development for the region until 2025 with a view extended to 2035 recently approved by the Minister of Industry and Trade.

The European Chamber of Commerce in Vietnam released its Business Climate Index for Quarter 3 of 2016, with positive sentiment among EuroCham members about Vietnam’s business environment set at a level of 86.

Deputy Prime Minister Vuong Dinh Hue has requested ministries and relevant agencies to make all-out efforts to keep inflation between 4.5-5% as set by the National Assembly in 2016.

The low-cost airline Jetstar Pacific has announced the addition of four routes linking Vietnam’s main cities to countries in Northeast Asia with 180-seat Airbus A320 aircrafts.