Business

Vietnam only exported 380,000 tonnes of rice in June, a decrease of nearly 40% compared to the same period last year, according to the Vietnam Food Association.

Moody’s has assigned first-time ratings this year to Vietcombank and Maritime Bank.

Construction of the Long Thanh International Airport must begin no later than 2019 so that the airport can offer its first services in 2025, said Deputy Prime Minister Trinh Dinh Dung.

PetroVietnam Power Corporation plans to sell its entire 2.88 million shares, equalling a 7.85 per cent stake, in EVN International Joint Stock Company to foreign investors on August 1.

The suspended sale of 13 Coca-Cola nutritional supplement drinks has nothing to do with food safety concerns but was prompted by the lack of a required safety certificate, according to head of the Vietnam Food Administration (VFA) Nguyen Thanh Phong.

Import surges of colour-coated iron sheets from China and the Republic of Korea (RoK) have resulted in the Ministry of Industry and Trade (MoIT) initiating the process of invoking emergency safeguards.

Deputy PM Truong Hoa Binh has urged the Ministry of Industry and Trade to inspect former minister Vu Huy Hoang’s appointment of his son to a key position in one of HCM City’s largest state-run beverage companies.

Việt Nam should raise policies to encourage the development of affordable rental housing in an effort to resolve the severe shortage of housing for low-income earners, experts said.

Forbes Vietnam has announced the list of brands with a total value of about US$5 billion on June 27, adding that they were selected from more than 300 local brands.

The gold fever which hit the Vietnamese market over the last few days has begun to cool down as prices began sharply falling on July 7.

It could take several years before Vietnam’s industries notice any development in terms of an eased foreign ownership and an integrated financial market.

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.