Business

Regulatory reforms to create more open policies are making the domestic property market more attractive to foreign investors, including those from Singapore.

Experience in budget decision, examination and oversight have been shared among representatives from Vietnam, Laos, Cambodia and Myanmar together with foreign experts in finance-banking during the 6th joint workshop in Danang.

Vietnam has been ranked 12th by the Bank of America of countries with the most at-risk public debt.

Foreign investors now stand a chance of becoming Vinamilk’s shareholders as the Ministry of Planning and Investment (MPI) has confirmed the State will disinvest from the dairy producer.

Vietnam and the EU have reached a framework agreement on the creation of a free trade zone under which almost all customs barriers between the partners will be eliminated.

Vietnam is actively engaging in bilateral negotiations with the US and several other countries to ensure its key interests before entering a ministerial meeting aimed at finalising the 12-nation Trans-Pacific Partnership (TPP) trade deal.

The State Bank of Vietnam has put Dong A Joint Stock Commercial Bank under special control to manage any possible risk and prevent the loss of the bank’s assets.

Prime Minister Nguyen Tan Dung chaired a meeting with relevant ministries, sectors and agencies to look at the possible impacts of the Chinese yuan’s devaluation on Vietnam’s economy.

The greenback rates soared in the flea market and touched a new ceiling price in commercial banks as China devalued its currency for the third time in three days.

The PetroVietnam Exploration and Production Corporation under the Vietnam National Oil and Gas Group has announced that it has exploited the first commercial oil flow in Sahara desert in Algeria.

Transport Minister Dinh La Thang has backed a plan to build a new terminal for Danang International Airport as capacity nears its limit.

The central province of Quang Binh has announced a list of 34 tourism projects calling for investments from 2015-2020 with total capital of over 23 trillion VND (1.03 billion USD).

The Thailand Trade Exhibition – Thailand Week 2015 opened in Hanoi on August 13, co-organised by the Department of International Trade Promotion under the Thai Ministry of Commerce and the Embassy of the Kingdom of Thailand in Hanoi in

Vietnamese shares tumbled for the second day on August 12, following the information that China had devalued its currency twice in two days, forcing the State Bank of Vietnam to revise the exchange rate band.

Experts yesterday expressed doubts about Vietnam's ability to ease its business environment to the average level of doing business in ASEAN-6 by the end of the year.

Police have seized 34 houses in Vietnam and abroad that were owned by former Vinashin official Giang Kim Dat who involved in stealing nearly USD20 million.

The Malaysian Ministry of International Trade and Industry (MITI) will open a representative office in Hanoi latter this year to embrace economic links with Vietnam.

The Vietnam Association of Seafood Exporters and Producers has forecast shrimp exports to the US to fall by 40 per cent this year to US$638 million.

100 young businessmen and women were honoured on August 9 in Hanoi for their outstanding talents.