Business

A lawyer for a foreign auto maker in Vietnam has called for the repeal of the current Law on Investment due to its complexity hindering business activities.

Vietnam’s consumer prices in July rose slightly, up by 0.13% against the previous month, according to the General Statistics Office.

Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.

Vietnam Airlines Joint Stock Company (Vietnam Airlines) has said it earned more than VNĐ36 trillion (US$1.6 billion) in estimated revenue and VNĐ1.6 trillion ($71.6 million) in pre-tax profit in 2016’s first half.

The consumer price index (CPI) in Hanoi continued to go up in July, the seventh consecutive month of growth, the municipal Statistics Office (GSO) reported.

The World Bank has applauded Vietnam’s idea of setting up a “super committee” to supervise assets owned by State-owned enterprises (SOEs), which are estimated at around $227 billion.

The Deputy CEO of the scandal-hit Sabeco seems likely to become CEO of the beer giant after the position remained vacant for months and led to its recent leadership crisis.

The European Chamber of Commerce in Vietnam (EuroCham) released the Business Climate Index for Q2, which is posted at 77 indicating positive sentiment from EuroCham members on the local business environment.

Local authorities are still struggling to ensure the standards of even basic goods such as coffee following revelations that many coffee shops use entirely synthetic replacements.

As many as 88 foreign direct investment projects, with total registered capital of USS$2.26 billion, have been launched in this central coastal province to date.

The retail price of petrol fell VNĐ665 to reach VNĐ15,300 (US 68 cents) per litre at 3pm on July 20, 2016.

Foreign experts and firms continue grumbling over Vietnam’s low power tariffs which have made it hard for the country to compete in the international wind energy sector.

The World Bank has cut its 2016 growth forecast for the Vietnamese economy by a further two percentage points to 6.0% as the country’s economic activity moderated in the first half of the year.

Malaysia and Singapore signed an agreement Tuesday to pursue an ambitious high-speed rail link touted as a first for Southeast Asia that would knit the historically fractious neighbours more closely together.

Around 200 business leaders, industry experts, policymakers and Government officials will participate in the 2016 Vietnam – Singapore Business Forum starting in HCM City on July 20.

Vietnam and the United States have signed an agreement related to antidumping duty over shrimp imported from Vietnam.

Mr. Dang Le Nguyen Vu, Chairman of the Trung Nguyen Corporation, is no longer the legal representative of the Trung Nguyen Instant Coffee Company JSC under a decision released by the Binh Duong Department of Planning and Investment on

One of Vietnam’s leading steel producers and traders, Hoa Sen Group is looking to invest in two large-scale steel complexes in Vietnam, which were abandoned by ill-fated foreign investors.

Some banks have reported good business performance results in the first half of the year thanks to high credit growth.