Business

The Asian Development Bank (ADB) has approved a new partnership strategy for Vietnam to support the country’s recently launched Socio-Economic Development Plan for 2016-2020 by fostering more inclusive and environmentally sustainable growth.

With the gearing-up of investments by large property developers on Phu Quoc Island this year, coupled with the expected entering of global hotels and resorts brands, the "paradise pearl island" will promote the development of the resort property market

South Korea’s Horse Race Group proposed investing in a horse racetrack in northern Bac Ninh province at a meeting with local authorities a few days ago.

Oxfam International has raised warnings about foreign direct investments from international tax havens.

The local fishing industry continues to face many challenges toward reaching its year-end export target of US$7 billion, according to experts.

Since early this year, many Vietnamese seafood products have been warned by the European Union for containing banned substance.

The State Bank of Vietnam (SBV) is drafting a new circular to tighten regulations on non-banking investment activities by banks in an attempt to improve financial sector transparency and risk management.

The Vietnam Trade Office in Australia said the first batch of Vietnam's frozen shrimp will arrive in Australia in early 2017 if everything goes smoothly.

Vietnam’s 2016 GDP growth will come in at 6.1 per cent and 6.2 per cent in 2017 while growth in ASEAN-5 is expected to remain stable in 2016 before rising modestly in 2017, according to the International Monetary Fund’s

Former head of the Central Institute for Economic Management (CIEM) Dr. Le Dang Doanh has said Vietnamese businesses are only investing a paltry 0.02% of their total profits in science and technology, stunting their competitiveness.

A Japan External Trade Organization (Jetro) delegation comprising of Japanese businesses operating in China and Hong Kong made a fact-finding tour of Haiphong City on November 5 to explore investment opportunities.

The Eurasian Economic Union (EAEU) free trade deal will offer Vietnamese enterprises access to a market of more than 183 million people whose needs are suited to local exports.

As many as 100 car models by 13 domestic automobile makers like Chevrolet, Ford, Honda and Toyota went on display at the Vietnam Motor Show (VMS) 2016 that opened on October 5 in Hanoi.

Deputy PM Trinh Dinh Dung has directed several ministries to help Vietnam National Coal - Mineral Industries Holding Corporation deal with its losses and other difficulties.

Many state-owned firms are being slow or avoiding their responsibility to publish their business results.

The inclusion of China’s yuan into the International Monetary Fund’s basket of reserve currencies last Saturday will impact finance across the globe, and Vietnam is no exception.

Along with massive investment in newly-registered horseracing projects, numerous existing projects have yet to reach the construction phase-some are even facing the risk of being revoked due to long delays in construction.

Information technology has the highest competitive salary in Vietnam according to the latest report from jobs website VietnamWorks.

Vietnam’s total import–export revenue has been estimated at US$253.65 billion for the first nine months of the year, according to statistics from the General Department of Vietnam Customs.