Business

There is huge potential for Vietnam and the US to cooperate in agriculture in the coming time, especially when the Trans-Pacific Partnership is likely to be approved.

Residential buildings in Vietnam are becoming more attractive to elder foreign investors.

Vietnam welcomes and creates favourable conditions for investors and commercial groups from Hong Kong to seek business and investment opportunities in Vietnam.

Financial institutions in Vietnam expect the banking system’s outstanding loans to increase 20.09 percent in 2016, the highest in the past five year, as per a report from the State Bank of Vietnam (SBV)’s Monetary Forecasting and Statistics Department.

Fitch Ratings has issued the long-term issuer default ratings (IDRs) on five Vietnamese banks.

The prices of RON 92 petrol and E5 bio-fuel increased 518 VND and 551 VND per litre, respectively, as from 5 p.m. on April 5.

A representative from the Indian contractor who joined in the bidding for the Song Da Water Project, which was won by a Chinese company has claimed they believe the tendering process lacked transparency.

Prime Minister Nguyen Tan Dung has approved the State Bank of Vietnam’s proposal to extend the 30 trillion VND (1.3 billion USD) housing stimulus package until disbursement of all associated funds is completed.

Southeast Asian taxi hailing app Grab officially launched its GrabCar service in HCM City last week after receiving approval from the Government.

Prime Minister Nguyen Tan Dung pressed the button to commence the Block B-O Mon gas project launched by the Vietnam National Oil and Gas Group (PetroVietnam) in the southern province of Kien Giang.

Once Vietnamese mobile network operators deploy 4G networks, they will have to compete not only in terms of downloading and uploading speed but also content services in order to gain and retain customers.

The Japan International Cooperation Agency has signed official development assistance loan agreements with the Vietnamese Government to provide 95.167 billion JPY ore more than US$ 846 million for projects in Vietnam.

Jetstar Pacific Airlines is planning to launch a new route connecting Hue in the central province of Thua Thien-Hue with Nha Trang in the central province of Khanh Hoa on April 4.

The ANZ Bank has forecast that Vietnam will post an annual GDP growth of 6.9% in 2016 and 6.5% in 2017 despite a decline in agricultural output.

The Ministry of Transport has recently submitted a report to the Prime Minister on the establishment of the SkyViet Aviation JSC on the basis of restructuring the Vietnam Air Services Company (VASCO), an affiliate of the national flag carrier

Police in Can Tho city announced that they co-operated with the Ministry of Public Security's economic police unit in the investigation and arrest of a director of a fisheries company in a VND700bn fraud case.

HSBC CEO Pham Hong Hai talked with Dan Tri about the effect of newly-issued Circular 24 by the State Bank of Vietnam on the Vietnam’s dong’s value and foreign exchange rates.

The central city of Da Nang topped the Provincial Competitive Index (PCI) for the third consecutive year in 2015, among 63 provinces and cities nationwide.

Customers of the national flag carrier Vietnam Airlines will have the chance to experience four-star services at low cost while flying from Ho Chi Minh City to the Republic of Korea and Japan from April 1 to June 30.