Business

HSBC has put Vietnam’s GDP growth at 6.3 per cent in 2016 and 6.6 per cent in 2017 in its Vietnam at a Glance report.

The husband of Vietnam's famous pop singer Thu Minh has been accused of cheating companies of hundreds of thousands of USD.

Central Thừa Thiên-Huế Province yesterday granted 16 investment certificates with total investment of nearly VNĐ7.5 trillion (US$332 million) and signed six co-operation agreements with partners.

Standard Chartered Bank (SCB) has lowered its GDP growth forecast for Vietnam in 2016 to 6.0 per cent, 0.9 per cent lower than the forecast it made at the beginning of year, according to its report released on August 9.

An ADB-funded project that strengthens agriculture science and technology in Vietnam was among the three winners of the Most Successful Development Project Awards selected by the bank’s Independent Evaluation, ​ADB said in its August 8 news release.

Vinaconex Water Supply Company has cancelled a pipeline contract with a Chinese company for the second phase of the Song Da water project.

Quang Ninh Province People's Committee has just sent a letter to the prime minister proposing to seek domestic loans for the Van Don-Mong Cai Expressway project and not accept China's offer of a USD300 million bank loan.

The management authority of the northern port city of Haiphong and Haiphong Economic Zone Authority has announced a detailed Master Plan ratio 1/2000 of Cat Hai Island, part of Dinh Vu-Cat Hai Economic Zone. The detailed master plan was

Corporate income tax rates for small and medium-sized enterprises (SMEs) will fall to 17 per cent from the current 20 per cent under a draft plan from Ministry of Finance (MoF) aimed at easing difficulties facing enterprises.

Leaders of the southern province of Dong Nai have asked for the Government’s permission to use 1 trillion VND (44.76 million USD) from the State Capital Investment Corporation (SCIC) to build two resettlement areas.

The Vietnam Ministry of Industry and Trade (MoIT) has announced it will sponsor a series of public workshops addressing new laws and regulations governing Vietnam and Laos cross border trade.

Authorities of the northern city of Ha Long have suspended a golf course project which has resulted in a mud overflowing into local houses after heavy rain on Wednesday.

Emirates Airline has officially launched a daily service from Dubai to Hanoi after its Boeing 777-300ER coded EK 388 landed for the first time at Noi Bai International airport on August 3.

The State Bank of Vietnam (SBV) said on August 4 it has agreed in principle to allow Woori Bank headquartered out of the Republic of Korea (RoK) to open a wholly owned unit in the country.

The Van Thinh Phat Investment Group (VTP Group) on August 3 signed an investment cooperation agreement with Malaysian investors Pavilion Group and Genting Group to develop a park and housing complex in Ho Chi Minh City.

Ho Chi Minh City’s leaders and newly-elected lawmakers began a three-day session of the People’s Council to discuss socio-economic targets amid many complaints about extended flooding, traffic jams and pollution.

Chairman of the Vietnam Association of Foreign Invested Enterprises, Nguyen Mai has said that Vietnam should stop calling investments for cement, steel and oil refinery projects due to their environmental pollution and ineffective business.

The National Wage Council has agreed on a 7.3% increase to the minimum wage in 2017 and will submit the proposal to Prime Minister Nguyen Xuan Phuc for approval.

Foreign investors have delayed or cancelled multi-billion-dollar oil refinery projects in Vietnam partially due to the concern of the slump in global oil prices.