Business

The US’s Ford Vietnam has announced a voluntary recall of 728 units of the EcoSport made between December 29, 2014 and March 10, 2015 to rectify suspension issues, said Lao Dong (Labour) Newspapers .

The State Bank of Vietnam has announced its reference rate of VND21,886 per US dollar.

Vietnam saw 8,320 new enterprises begin operations, with total capital of 59.3 trillion VND (2.7 billion USD) in the first month of this year, according to the General Statistics Office.

Standard Chartered Bank expects Vietnam’s GDP growth to accelerate to 6.9% in 2016, higher than its previous forecast of 6.6% driven by better construction activity and manufacturing strength amidst continued strength in FDI inflows.

Vietnam and other member countries of TPP agreement will officially sign the agreement on February 4 in Auckland, New Zealand.

More than 805,000 visits were made to Vietnam by international tourists in January, a 5.8 percent increase from last month and 12.3 percent surge from the same month last year, said the Vietnam National Administration of Tourism (VNAT) under

Of more than 200 countries and territories that Vietnam had trade relations with last year, there were 29 countries that the country had export turnover of more than $1 billion.

South Korean developer Keangnam Enterprise Ltd. is facing difficulties in Vietnam due to a series of tax issues arising from its key construction projects in the country.

The State Bank of Viet Nam will issue instructions about loans for property when seeking mortgages, in a bid to clear misunderstandings, a representative said.

Commercial banks cut the exchange rate of the United States (US) dollar against the dong by 30 VND to 40 VND, bringing it to its lowest level in the past three months.

The Forbes Vietnam Magazine announced on January 25 a list of 30 outstanding figures under the age of 30 and active in various fields.

China's demand for watermelons from Vietnam has nosedived, leaving growers in Ninh Thuan and Binh Thuan provinces facing huge losses from low prices and surplus production.

Vietnam was Ford’s third biggest market in Southeast Asia in 2015, after Thailand and the Philippines, said Mark Kaufman, director of the US car marker in the region.

Vietnam's huge textile and garment export industry is struggling to compete with cheaper and more diverse imports in the local market.

Low-cost carrier Vietjet Air will introduce a new flight route from Hanoi to Taipei, Taiwan (China) starting February 1, reported Ha Noi Moi newspaper.

Domestic small- and medium-sized enterprises would enjoy many benefits from the Trans-Pacific Partnership and Vietnam-EU Free Trade Agreement, said economist Pham Chi Lan.

The Hanoi General Statistics Office has announced that the capital’s consumer price index in January increased by 0.12% month on month and by 1.19% year on year.

Vietnam and the EU finished their fifth round of negotiations on the Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance and Trade, with sound outcomes, as heard during a press conference held on January 22.

Airports Corporation of Viet Nam has sought permission from the Ministry of Transport to commence negotiations with French group Aeroports de Paris (ADP), the potential partner in the firm.