Business

Low-cost cars with low cylinder capacity are expected to flow to Vietnam thanks to an advantageous luxury tax.

The national flag carrier Vietnam Airlines operated nearly 100,000 flights safely in the first nine months of this year, up 5 percent compared to the same period last year, said Pham Ngoc Minh, the company’s General Director.

Since its introduction in May, Vietnam's National Single Window (NSW) has significantly reduced the time required for customs clearance, helping import businesses save time and money on lengthy administrative procedures.

Japan’s All Nippon Airways (ANA) is in negotiations over a strategic stake at Vietnam Airlines, and the two parties are expected to finalize the deal in the first quarter of 2016.

The number of foreign tourists visiting Vietnam has grown over the last three months, following a 13-month decline due to disease, unstable economies and fierce regional competition.

VPBank has asked shareholders to approve their plan to sell the bank's stakes in several of its subsidiaries to foreign investors, an atypical opportunity for foreigners interested in entering the market.

The Vietnam Maritime Administration proposed to set up a trading floor for maritime transport services as firms have continued to complain about overcharging for shipping.

PM Nguyen Tan Dung has released a decision approving waterway infrastructure policies expected to boost the sector's growth.

The State Bank of Vietnam (SBV) is reducing special control on three banks that it acquired with zero dong thanks to the banks' improving liquidity and business performance.

Seventeen existing and new projects made a total of 9,550 apartments available in the real estate market of Ho Chi Minh City in the third quarter of this year, announced Savills Vietnam.

Foreign invested enterprises now can more easily list their shares on Vietnamese stock markets under Decree 60 that allows foreign investors to hold up to 100% of stake in Vietnamese enterprises.

A wage dispute between Vietnamese workers and a Chinese contractor in Algeria has ended in accusations of brutality by the company.

The completion of the historic Trans-Pacific Partnership agreement on October 5 has received positive response from many countries.

Television, magazine and newspaper ads continue to be among the most trusted forms of paid advertising in Vietnam, according to a recent report issued by market research firm Nielsen.

Economic experts have high hopes for Vietnam's economy after agreement was reached on the Trans-Pacific Partnership deal by trade ministers from 12 countries.

The slower pace of consumer price index rises is favourable for stable business activities and gross domestic product growth in 2015, said General Director of the General Statistics Office Nguyen Bich Lam.

Trade ministers from 12 countries have announced the largest trade-liberalizing pact in a generation.

The World Bank forecast that the Vietnamese economy will grow at a speed of 6 percent in 2015, according to the East Asia and Pacific Economic Update.

Deputy Prime Minister Nguyen Xuan Phuc urged Vietnamese businesses to improve their competitiveness, renew their technologies, increase productivity, and be creative to make the most of the ongoing international integration.