Business

The State Bank of Vietnam has written to banks, credit institutions and financial organisations, warning them against hackers a day after the websites of Nội Bài and Tân Sơn Nhất airports and Vietnam Airlines were hacked.

The Dai Nam Joint Stock Company has wrapped up preparations for opening a horse racecourse at the Dai Nam Tourism Park in southern Binh Duong province.

Prime Minister Nguyen Xuan Phuc has ratified the Vietnam Coffee and Cocoa Association (VCCA)’s proposal to co-ordinate with relevant ministries, agencies and localities to organise the Vietnam Coffee Day Festival as suggested by the association.

Vietnamese goods have yet to be made widely available in the ASEAN Community, despite its establishment seven months ago.

Around 200 seafood exporters and processors from Vietnam and 14 foreign countries and territories will gather at the biggest event of the industry - the 2016 Vietnam Fisheries International Exhibition (Vietfish 2016) - being held at the Saigon Exhibition

Expansion of the nation’s gross domestic product has slowed to 5.52% in the first half of 2016 hurt by a crippling drought linked to the El Nino weather phenomenon, says the General Statistics Office.

A proposal from the Vietnamese Ministry of Transport to borrow USD300 million from a Chinese bank to build the Van Don-Mong Cai Expressway is facing strong opposition from local economic experts and the public.

Ho Chi Minh City hopes to welcome a new wave of Malaysian investors, especially following the formation of the ASEAN Community and the conclusion of the Trans-Pacific Partnership (TPP).

The Dung Quat Bio Ethanol Plant owned by the Vietnam National Oil and Gas Group (PetroVietnam) has ceased operations after racking up debts with three local banks.

The Ministry of Natural Resources and Environment (MoNRE) will conduct an inspection of the large Nui Phao mine in northern Thai Nguyen province in August after claims of environmental pollution were made.

The Vietnamese Ministry of Health has fined Coca Cola Beverages Vietnam Ltd. USD19,000 for violations in the production of food supplements.

Foreign direct investment (FDI) registered in Vietnam in the first seven months of this year has risen a significant 47 per cent to almost US$12.9 billion, according to the General Statistics Office.

The Vietnam CEO Summit 2016 kicked off in Hanoi on July 27, with the participation of representative from the 350 most powerful enterprises in Vietnam.

Economic experts have suggested Vietnam thoroughly assess the impacts that the Vietnam-Eurasian Economic Union (EAEU) free trade agreement (FTA) may exert on specific sectors and markets, in a bid to fully enjoy the benefits brought about by the pact.

Vietnam and Cambodia have inked a Memorandum of Understanding on building a model border market in Cambodia.

Nguyen Thanh Son, former head of the Red River Delta Coal Project Management Unit, has said the Formosa Group should not be allowed to operate for 70 years in Vietnam as they would not have a major economic impact.

Deputy PM Truong Hoa Binh has instructed the Government Inspectorate to probe into the capital adjustment for a water supply project for Vung Ang Economic Zone in Ha Tinh Province.

The Vietnam Automobile Association has proposed to carry out an inspection into all BOT projects after discovering that investor in the Phap Van-Cau Gie Expressway lied about their revenue.

The Ministry of Industry and Trade (MoIT) is considering proposing the government cease the development of a pulp paper plant in the Mekong Delta’s Hau Giang province.