Business

The fuel prices have been cut by a maximum of VND1,198 per litre starting from September 3.

Vietnamese workers will receive a 12.4 per cent rise in the minimum wage according to a proposal by the National Salary Council finalised at a meeting on September 3 in Hanoi.

More than 80 per cent of Dong Nai Province's FDI enterprises have not organised annual meetings of labourers where they can speak to their employers about their aspirations and demands.

Vietnamese car manufacturers will face fierce competition from low-cost cars imported from India and ASEAN when import taxes are sharply cut next year.

Indonesia will be able to weather the current economic storm as the country has hands-on experience of handling economic turbulence in the past, said managing director of the International Monetary Fund (IMF) Christine Lagarde.

Vietnam Airlines’ first Boeing 787-9 Dreamliner landed at Heathrow Airport in London, marking the first international destination served by the national flag carrier’s new-generation plane.

More Thai retail companies have entered Vietnam over the past two years and are proving popular with consumers, while asking questions of less competitive local rivals.

Fishermen from central coastal provinces are still facing losses despite big catches as they are being squeezed by unscrupulous traders.

Vietnamese living abroad remitted around US$330 million in August, bringing the total remittances in 8 months this year to US$2.75 billion, 13.2% higher than last year’s same period.

Sales of moon cakes, the Mid-Autumn Festival’s iconic speciality, may have increased, but the quality remains a big concern for Hanoi authorities.

State President Truong Tan Sang reiterated Vietnam's desire to deepen ties with Venezuela to benefit both countries during talks with Venezuelan President Nicolas Maduro Moros in Hanoi.

Vietnam should be rightly proud of its record in promoting economic growth and poverty reduction, said United Nations Resident Coordinator in Vietnam Pratibha Mehta.

Pleiku Airport in the Central Highlands province of Gia Lai will be reopened from 12am on September 1 as stipulated in Decision No. 3106 of the Ministry of Transport.

Venezuelan President Nicolas Maduro Moros will pay an official visit to Vietnam from August 30 to September 1 to foster bilateral relations between the two nations.

The UK’s Foster Wheeler has been hired to outline a master design for the project to expand and upgrade the Dung Quat oil refinery in Quang Ngai Province.

Vietnamese economists believe that increasing the number of operating firms by at least two million will help solve the country's business competitiveness.

The public is increasingly favouring new and modern taxi services including Uber and Grab taxis due to their better quality services.

Vietnam attracted 13.33 billion USD in foreign direct investment (FDI) in the first eight months of this year, an annual increase of 30.4 percent, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

The Prime Minister has given a nod to the Airports Corporation of Vietnam (ACV) to invest in Long Thanh International Airport.