Business

Many foreign-owned fast-food chains in Vietnam are considering exiting the market or downsizing while local brands are becoming more popular to consumers.

The Vietnam Civil Aviation Authority has again proposed to extend the 50% price subsidy for Hai Au Aviation which is facing financial difficulties operating its seaplane service in Vietnam.

The Hanoitourist and South Korea’s Global Consultant Network Company Limited signed an investment cooperation agreement for building a five-star complex in Hanoi's Soc Son district that will include a horse racetrack.

Eight out of 14 start-ups of the Topica Founder Institute (TFI) introduced their products and called for investment at the Topica Founder Showcase 2016.

Technology in startup has become a new trend that Vietnamese youngsters are pursuing nowadays, heard a workshop in Ho Chi Minh City on August 13.

While foreign investors are lining up to invest in new wind farms in Vietnam, numerous previously licensed wind farms are long delayed in construction or had their investment certificates revoked.

Many Vietnamese consumers still don't know how to defend their rights, with as many as 44% of consumers choosing to remain silent when victims of fraud, according to a survey by the Ministry of Industry and Trade.

A Vietcombank customer lost up to USD23,800 after someone used the internet banking service to steal money from her ATM account over one night.

Vietnam is emerging as a rising retail market within Asia-Pacific, according to real estate consultants JLL.

US enterprises are considering Vietnam a priority market in the ASEAN region for their business and investment expansion in 2017, according to the 2017 ASEAN Business Outlook Survey recently issued by the US Chamber of Commerce and the American

The Vietnam National Petroleum Group, or Petrolimex, posted pre-tax profits of VND716bn (USD32.5m) in the second quarter and nearly VND1.6trn in the first half of the year.

Closed several times since it was built in 1950, Na San Airport in the northern mountainous province of Son La will be rebuilt before 2020.

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.