Taxi companies in Hanoi which have less than 50 cars will have their licences revoked after January 31, 2016, according to the municipal Department of Transport.
The HCM City Real Estate Association has proposed lower lending rates for social housing projects as part of efforts to make the properties more attainable for low-income earners.
The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.
Concerted efforts are needed to improve the operational efficiency of the No 5 seaport system, particularly the Cai Mep–Thi Vai Port in the southern province of Ba Ria-Vung Tau, to make it a regional entrepot in the future, a
Vietnam's economy is forecast to expand 6.7% this year, the same pace as in 2015, making it among the fastest-growing markets in the world, according to Bloomberg.
Support policies for small-and medium-sized enterprises in Vietnam remain weak while the number of SMEs accounts for more than 90% of businesses in the country, said Yasuzuki Hirotaka, chief representative of the Japan External Trade Organization.
The Lunar New Year (Tet) festival bonus is expected to increase 15.7 percent from last year, averaging 5.53 million VND (250 USD) per worker, according to head of the Ministry of Labour, Invalids and Social Affairs’ Labour and Wage
Vietnam's luxury hotel sector is undergoing strong growth, with several projects under construction adding thousands of rooms to the market, notably at the resort development of Phu Quoc.
The State Bank of Vietnam has issued strict regulations on the establishment and operation of remittance companies under commercial banks in order to better manage money transfer services.
Hanoi, Hai Phong, Da Nang, Quang Nam, Quang Ngai, Can Tho, Ba Ria-Vung Tau and Ho Chi Minh City have been requested to supply E5 bio-fuel to vehicles by June 1 in replacement of RON 92 petrol.
Japan’s biggest air transport group All Nippon Airways is going to become Vietnam Airlines’s strategic partner after buying 8.8 per cent of the latter.
Although the amended Law on Social Insurance 2014 is expected to benefit labourers, domestic and foreign firms are concerned about growing production costs caused by increased social insurance payments.
Vietnam hopes to welcome 8.5 million foreign visitors and 60 million domestic travellers in 2016, earning a total of 370 trillion VND (16.8 billion USD) in revenue, heard a conference in Hanoi.