Business

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.

On May 12, Forbes Vietnam revealed its 2016 ‘30 Under 30’ list, featuring 30 of the nation’s most talented young innovators, entrepreneurs and leaders across six categories who are under 30 years of age.

British Virgin Islands (BVI) is an archipelago of about 153 km2, with GDP of more than US$1 billion but businesses registered here have invested US$19.3 billion into Vietnam.

PM Nguyen Xuan Phuc on May 12 launched the construction of Hai Phong Container International Terminal in the northern port city of Hai Phong.

The State Bank of Vietnam (SBV) has entrusted relevant agencies to closely scrutinise the Panama Papers and act on the information in accordance with the country’s legal regulations.

A USD114.2 million bio-fuel plant in the northern province of Phu Tho has been left unused for years.

Vietnam's low cost airline, Vietjet Air, has announced that it will open a new domestic route connecting Nha Trang (Khanh Hoa) and Thanh Hoa on June 6.

A United Arab Emirates business forum was attended by over 80 Vietnamese and 20 the UAE enterprises on May 11 in Hanoi. The event discussed agriculture, infrastructure and real estate opportunities.

The Department of Natural Resources and Environment has issued a fine of VND637 million ($28,423) on Taiwanese textile producer MeiSheng Textile Vietnam Company (MeiSheng) in the southern province of Ba Ria-Vung Tau, due to its discharging untreated wastewater