Business

An ASEAN Investment Forum entitled 'Invest in Global ASEAN' was co-organised by the Embassies of Vietnam, Malaysia and Thailand in Frankfurt, Germany on April 19, aiming to attract German investors in ASEAN countries.

Vietnamese shares fell sharply on both local markets on April 19 as energy stocks suffered from recent falls in oil prices.

Four of the world's largest multilateral organisations joined hands on Tuesday in the fight to help developing countries fight tax evasion.

Vietnamese manufacturers make toys for outsourced contracts and satisfy the strict requirements set by foreign partners, but cannot cement their positions in the home market.

The International Travel Expo HCM City 2016 (ITE HCMC 2016) will be held from September 8-10 with 400 local and foreign companies participating from over 30 countries and territories.

With nearly half of its seafood exports going to Trans-Pacific Partnership member nations, Vietnam expects the trade deal to further boost exports to these markets, according to the Vietnam Association of Seafood Exporters and Producers.

The State Bank of Vietnam (SBV) has requested that credit institutions and foreign bank branches intensify their credit quality and bad debt management and submit their bad debt handling plans for 2016 before April 28.

The fourth negotiation round on the Trade Promotion and Facilitation Agreement in the Cambodia-Laos-Vietnam (CLV) Development Triangle Area opened in Vietnam’s Central Highlands province of Dak Lak.

Rocket Internet is jumping ship and divesting itself of unprofitable Asian fashion portal Zalora business units in both Vietnam and Thailand, according to TechCrunch media.

The central province of Quang Tri held an investment and tourism promotion conference in Dong Ha city on April 17, during which best assistance to investors is committed.

Even though the plan to export puffer fish has proved a failure, the Ministry of Agriculture and Rural Development still seems keen to promote the industry.

Pactum Dairy Group- a milk processor based in northern Victoria which is a joint venture between Australian Consolidated Milk and Freedom Foods- has signed a deal to supply local firm IDP with about four million litres of UHT milk

Experts have said it is time for Vietnam to develop a master plan for its industrial zones (IZs).

Banking, finance and insurance employees had the highest income across all sectors in Vietnam in 2014, with an average income of about VND195 million (US$8,660) per year.

The entry of foreign banks has significantly increased over the last two decades, says the State Bank of Vietnam (SBV), which performs state management over monetary, banking activities and foreign exchange.

Malaysia, Indonesia, the Philippines and Thailand are expected to join the nations with Gross Domestic Products (GDP) exceeding US$1 trillion in 2030, according to a report released by the global information company IHS Inc.

World Bank Group President Jim Yong Kim has appointed Victoria Kwakwa as the new Regional Vice President for East Asia and Pacific.

The tourism sector will strive to become a spearhead economy with a average annual growth rate of 11-12% by 2020, stated new Minister of Culture, Sports and Tourism Nguyen Ngoc Thien.

In a review meeting on state budget revenue in 2015, the National Assembly's Committee on Finance and Budgeting highlighted that income from the banking sector had reduced considerably.