Business

Vietnamese Nguyen Thi Phuong Thao has poised to become Southeast Asia’s first self-made woman billionaire known for putting bikini-clad models on her VietJet Aviation Joint Stock Co. planes and calendars, according to Bloomberg.

Vietnam’s first quarter Consumer Price Index increased by 1.25 percent from the same period last year.

The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) have blamed each other for mistakes in the slow application of new petroleum import taxes.

Vietnam, in partnership with Russia, will set up establishments to produce Russian motor vehicles including buses, trucks, specialised vehicles, light commercial vehicles and cars.

The capital city will create the best possible conditions for the US investors to launch their projects in the locality, Nguyen Duc Chung, chairman of the municipal People’s Committee, said.

Vietnam is the second biggest investor in Laos according to a report from the Ministry of Planning and Investment.

From July 2017, Vietnam would no longer receive preferential loans in the form of official development assistance, a finance department official said.

Large banks have followed smaller banks in raising short and medium-term rates in the first two months of this year.

Vietnamese investors are expecting more transactions from State-owned enterprises' equitisation rather than by private/family firm owners, Grant Thornton Vietnam's latest survey said.

The NA Economic Committee has proposed the legislative body should apply a special mechanism for construction of the USD16-billion Long Thanh International Airport Project.

On March 18, the Ho Chi Minh City Department of Food Safety issued a fine of VND146 million ($6,549) to South Korean fast food store-Lotteria Vietnam and three of its restaurant units due to violating food safety regulations, according

The prices of RON 92 petrol and E5 bio-fuel increased 670 VND and 570 VND per litre, respectively, as of 4:30 p.m. on March 21.

Deputy PM Nguyen Xuan Phuc presented a string of measures to promote socio-economic development in the 2016-2020 period at the 11th session of the 13th National Assembly in Hanoi.

Nguyen Minh Phong from the Hanoi Socio-economic Development Institute has called on the government to compensate the public who have been paying high petrol prices due to lax management that led to tax difference.

International branding experts have damned Vietnam’s national brand building efforts at a recent meeting in Hanoi.

Helping farmers gain access to loans not only helps to reduce interest rates, but also lifts the technical barriers in credit programmes and improves their business competitiveness.

Vietnamese people are spending three times as much money on food as they did in 2004, according to the General Statistic Office.

The Hanoi Stock Exchange (HNX) and the Vietnam Securities Depository (VSD) plan to run the first-ever derivatives market by the end of this year, said HNX on March 16.

An exchange was held in Osaka, Japan on March 17 to connect Japanese enterprises and Vietnamese students.