Business

60% of the world’s population remains excluded from the ever-expanding digital economy, said a new World Bank (WB) report.

The Department of Tourism in HCM City will strengthen management and inspection of travel and hospitality companies to ensure an attractive and safe tourism environment, La Quoc Khanh, deputy director of the department, has said.

The Ministry of Construction (MoC) has set the target of raising average living space per person to 22.6 square metres this year, an increase of 0.6 square metres against the figure of 2014.

Local retail petrol prices could be adjusted daily instead of every fortnight in the future, Do Thang Hai, Deputy Minister of Industry and Trade, said.

Bonuses for the Tet lunar new year may be slightly higher this due to the country's brisk GDP growth and improved business conditions, said an official from the Ministry of Labour, Invalids and Social Affairs.ocial Affairs.

Vietnam was forecast to reach an economic growth rate of 6.6 percent in 2016 just behind India with 7.4-percent growth, said economists in the survey on the world's worst-performing economies in 2016 carried out by Bloomberg.

The Jet Airliner Crash Data Evaluation Centre (JACDEC) in Germany on January 12 listed Vietnam’s national flag carrier -- Vietnam Airlines --among the top 60 safest airlines in the world.

Economists and experts said a proposal to ask local shops to stay open through Tet holiday was unfeasible.

President Truong Tan Sang met with a delegate of small and medium-sized business owners, who represent some 62,000 members of the Vietnam Association of Small and Medium Enterprises in Hanoi.

The Civil Aviation Authority of Vietnam has recently proposed that the Ministry of Transport recommend Aerospace Engineering Services JSC to be Airbus Group’s partner in building a facility to produce spare parts for aircraft.

Minister of Finance Dinh Tien Dung said that one of the key tasks that his ministry will fulfill this year is to balance the state budget.

Vietnam received 12.25 billion USD in remittances in 2015, the Sai Gon Giai Phong (Liberated Saigon)’s newspaper reported.

Phu Quoc, 40 kilometres west of southern Kien Giang province, is the biggest island in Vietnam where hospitality investment has shaken up the emerging real estate sector here over the past few years.

Vietnam has huge potential for cruise tourism, but the sector is underdeveloped, with a lack of ports and services.

Deputy Prime Minister Hoang Trung Hai requested the National Oil and Gas Group to continues concentrate on search, exploration and exploitation of oil and gas in 2016, saying that this is a key task of the sector in 2016.

The Trans-Pacific Partnership agreement will provide economic impetus predominantly to Vietnam, Japan and Malaysia among other parties to the deal by 2030, according to a Global Economic Prospects report recently released by the World Bank Group.

Germany’s Metro retailer finally sold its Metro Cash and Carry wholesale chain in Vietnam to Thai conglomerate TCC Holding Co Ltd.

Vietinbank and PG Bank did not finalise procedures to merge in 2015 as planned, according to Vietinbank's Chairman Nguyen Van Thang.

The Asian Development Bank’s operations — comprising approvals of loans and grants, technical assistance, and co-financing — reached an all-time high of $27.15 billion in 2015, an increase of about 19% over the $22.89 billion in 2014, according to