Business

A recent Government Inspectorate investigation found Ha Tinh Province had violated regulations in approving the lifespan of the Formosa Plastics Group’s steel project.

The State Capital Investment Corporation has had to justify its wages and staff bonuses for 2015 after public dismay.

Construction of Long Thanh International Airport is planned to kick off on April 1, 2021 if all preparations go smoothly.

Vietnamese internet users will be able to access FASTER, the fastest undersea optical cable in the world, by the end of this year, according to Mr. Dang Tung Son, Deputy General Director of CMC Telecom.

Hilton Worldwide Group and Sai Gon Cuu Long Joint Stock Company have kicked off the construction of the Hilton Saigon Hotel project in District 1.

Nam Dinh Textile and Garment Corporation, the biggest of its kind in the Indochinese area during the French colony will be soon relocated to another place, giving the way for a urban area.

HCM City has set a target of implementing administrative reform to reach the target of having a total of 500,000 enterprises by 2020.

Japan’s biggest airline ANA Holding Inc (ANA) has completed the purchase of an 8.77 percent stake in Vietnam Airlines, becoming a strategic shareholder of the national flag carrier.

Lee & Man Paper Co., Ltd., the investor of a $1.2 billion paper production factory located by the Hau River, may face a maximum fine of VND20 million ($898.72) for the unregistered press conference held on June 23 to

Britain's vote to leave the European Union (Brexit) is not expected to have a direct and immediate impact on Singapore's trade, according to observers.

Dohwa Group from the Republic of Korea is scheduled to build a biomass power plant in central Quang Binh province in 2018, said the provincial People’s Committee.

Vietnam hopes the World Bank (WB) will continue to help it cope with challenges, especially climate change adaptation, renewable energy development, education, healthcare, and youngsters’ startups.

The number of unemployed young people aged 15 to 24 was remarkably high for the first six months of the year, accounting for 47 percent of unemployed workers, the General Directorate of Statistics (GDS) said.

Minister of Agriculture and Rural Development Cao Duc Phat asked the agriculture sector to take specific measures to promote its development in a more efficient and suitable manner, contributing to effectuating the National Target Programme on New Rural Development.

The local car manufacturing industry is trying to find a suitable car model which can exploit local production standards and localisation rate while being competitive enough of surviving coming international trade agreements.

Minister of Planning and Investment Nguyen Chi Dung has said the British vote to leave the European Union (EU) would not have immediate impacts on Vietnam, but long-term impacts must be taken into account.

The number of newly-established businesses in the Jan-June period stood at 54,500 with a total registered capital of VND427.8 trillion (USD20.3 billion), up 20% and 51.5% in terms of company number and capital value respectively on-year.

Vietnam’s economy as well as its currency is unlikely to be adversely affected by the UK’s decision to opt out of the European Union.

The national flag carrier Vietnam Airlines launched a new international route linking central Da Nang city and Thailand’s Bangkok on June 26.