Business

Falling oil prices have affected the National Oil and Gas Group (PVN)’s targets on projected revenue and contribution to the State budget, said Do Chi Thanh, Deputy General Director of the group.

The ports of Vietnam saw auto imports surge 82.8% in volume and 91% in value on-year for the eleven months January-November of 2015, according to the latest figures of the General Statistics Office.

The US was Vietnam’s biggest export market in the first 11 months of 2015 with a turnover of 30.6 billion USD, up 17.6 percent year-on-year, said the General Statistics Office.

HCM City is leading the country in terms of FDI projects while 16 provinces have failed to attract the investment according to a new report by the General Statistics Office.

Vietjet and Lufthansa Technik AG, a member of Lufthansa AG, have signed a technical service agreement for Vietjet's current A320-family aircraft engines.

Vietnam is becoming a promising market for foreign beer producers.

The number of foreigners to Vietnam witnessed a year-on-year increase of 20.4% in November, reaching 723,740, according to the Vietnam National Administration of Tourism.

Foreign investors who buy shares in or contribute capital to economic organisations won't have to deal with procedures involved in investment certification.

The number of businesses founded this year is expected to hit a record high of 94,000 firms, partly driven by untied regulations.

Vietnam will become the tenth largest export country in the world by 2050 according to a new report by the HSBC bank.

Ho Chi Minh City’s November consumer price index increased 0.1 percent over the previous month and even declined by 0.45 percent from the same period last year, the local statistics office revealed.

Several local economic experts have warned about the possible threats to the country's economy and environment amid a rising trade deficit with China.

Small and medium-sized enterprises in Vietnam have paid little attention to the nearing formation of the ASEAN Economic Community, while larger companies with a "national brand name" are actively preparing for the regional integration process.

Vietnam Airlines said increasing numbers of passengers are flying business class to experience the Boeing 787-9 Dreamliner and Airbus A350-900 XWB.

The consumer price index of Hanoi in November increased slightly by 0.04% compared to October, and by 0.76% against the same period last year despite the consecutive declines in oil and petrol prices.

Malaysian PM Najib Razak said after the formation of the ASEAN Economic Community, economies in the bloc would grow at an estimated average pace of 5.6 percent through 2019.

Thousands of industry professionals have registered to attend the 1st edition of the Renewable Energy and Energy Efficiency Exhibition, November 25-27, at the Vietnam Exhibition Fair Centre in Hanoi, according to the organizers.

The first initial public offering of the Airports Corporation of Vietnam will be conducted at the Ho Chi Minh Stock Exchange on December 10, 2015.

The northern province of Quang Ninh has recently issued a temporary suspension on the building of new tourist vessels for navigating in Ha Long and Bai Tu Long Bays.