Business

Invest Consult Group Chairman Nguyen Tran Bat, told Dan Tri the visit by President Barack Obama to Vietnam on May 23 would see business opportunities follow.

Cam Ranh International Terminal JSC has submitted to the Ministry of Transport a study on the construction of an international terminal at the Cam Ranh International Airport in the central province of Khánh Hòa.

Thailand has surpassed China to become Vietnam’s biggest car exporter, with rising truck sales in the first quarter of the year.

PM Nguyen Xuan Phuc on May 18 attended a ground-breaking ceremony of a milk production complex in Volokolamsk village, Moscow.

Vietnam could reach upper-middle income status by 2035 by growing with sustainability, equity and social inclusion, and being a capable and accountable State, a WB official has said.

Prime Minister Nguyen Xuan Phuc on May 17 called at Zarubezhneft – one of Russia’s leading oil and gas groups during his ongoing Russia visit from May 16-20.

The Government has just promulgated Resolution No.35/NQ-CP on supporting and developing enterprises by 2020.

Vietnam is short of recreational tourism products and is losing billions of dollars in revenue as a result, according to the Vietnam National Administration of Tourism (VNAT).

The Ministry of Culture, Sports and Tourism has proposed the Government renew and extend the visa waiver for citizens of five Western European countries from the current one year to five years and the visa-free stay from 15 days

Quang Binh Province People's Committee have suggested that local businesses could afford to cut their charges for goods and services from between 30 to 50 percent.

BRG Group, under the leadership of Madame Nguyen Thi Nga, has broken ground on a brand new golf course in the capital city of Hanoi designed by one of the early pioneers of golf.

The Vietnam Association of Seafood Exporters and Producers has asked the supermarket chain Big C to refrain from asking for higher discount rates from Vietnamese suppliers, and has recommended a maximum rate of 15 per cent.

Vietnam is showing huge potential for franchises business as dozens of franchises have been established or brought into Vietnam.

Toyota Motors Vietnam (TMV) announced that it would recall 2,410 Camry 2.0E produced between April 6, 2015 and April 1, 2016 due to their faulty engine control module for exhaust gas recirculation (EGR) valve operation.

Thailand’s plan to sell off more than 11 million tonnes of rice reserves will not impact Vietnam’s rice exports, according to several exporters in the Mekong Delta city of Can Tho.

The Central Institute for Economic Management has forecast a 6.17% growth rate for Vietnam's economy in the second quarter of 2016 and an inflation rate of 0.73% compared to the first quarter this year.

A fertilizer plant in Ninh Binh which has a total investment of USD667 million has incurred a loss of USD90 million, forcing it to suspend operations just four years after being put into use.

The Electricity of Vietnam has ensured enough power supplies for domestic consumption despite the lingering drought in the central and southern regions since the beginning of 2016.

Japanese manufacturers are looking even more favorably on the ASEAN region and especially Vietnam as a base of operations, according to the Asian Nikkei Review.