Business

Many taxi firms registered lower fares after Deputy Minister of Transport Nguyen Hong Truong urged them to do so on February 22 following recent drops in petrol prices.

Industrial companies in Hanoi are rushing to recruit new workers as former employees often move on to look for possibly better jobs following the lunar new year.

A list of top 500 fastest growing companies (FAST500) in Vietnam in 2016 was released on February 24 by the Viet Nam Report and VietNamNet newspaper from the Ministry of Information and Communications.

Low-cost airline Vietjet Air has recently announced a promotional week offering 2 million tickets at 0 VND.

Companies providing transport services with automobiles must further slash fares following the recent drop in petrol prices this month, Deputy Minister of Transport Nguyen Hong Truong urged.

The World Bank will support Vietnam in building a road map to smoothly shift preferential loans from the International Development Association to the International Bank for Reconstruction and Development.

The Consumer Price Index in the two major cities showed a slight increase in February due to the high demand for goods during Tet holidays, according to statistic offices.

In 2015, the Vietnam trade deficit with China hit an all-time record high of US$32.3 billion and the effect on the nation’s economy has not been beneficial, says the Ministry of Industry and Trade (MoIT).

Lien Ket Viet Company allegedly swindled nearly 95.2 million dollars from 60,000 people by faking a prime ministerial certificate of merit and fraudulently claiming to be company of the Ministry of Defence.

Vietnam’s super-rich are indulging themselves in buying luxury yachts worth millions of US dollars.

Many property developers are moving into provinces rather than try their luck in the fiercely competitive metro markets like Hanoi and Ho Chi Minh City.

Nha Trang Shipbuilding Company have been busy since the lunar new year, rushing to complete increasing orders for more steel-clad vessels for local fishermen.

HCM City and other southern provinces need thousands of labours, mostly manual workers in industries such as textiles, footwear, wood processing and electronics after Tet (the Lunar New Year).

Imported meats from India, Australia, the US and the Republic of Korea (RoK) are flooding the domestic retail market and can be found in barbeques and kitchens across the nation, reports the Vietnam Husbandry Association (VHA).

Taxi firms in the capital are likely to slash fares after domestic petrol prices plunged to a seven-year low on Thursday, but any cut would take time to implement.

Now is not a good time to be looking for a job in Southeast Asia as economic growth cools down across the region, according to FT Confidential Research – a unit of the Financial Times.

Foreign traders may establish representative offices and branches in Vietnam according to the country’s international commitments.

Vietnam's economy will be one of the hardest hit in Asia from falling oil price according to a new report by the international rating agency Fitch Ratings.

Japan’s low-cost airline Vanilla Air under ANA Holdings Inc.has recently revealed its plan to explore air routes to Vietnam in the coming time.