Business

Real estate companies in Vietnam are struggling to attract foreign clients despite local authorities having failed to yet issue guidelines for the amended Law on Housing.

China-based foreign investors have deemed Vietnam their top alternative destination, as China’s investment climate becomes less attractive.

Prime Minister Nguyen Tan Dung attended a roundtable workshop with leading Singaporean businesses in Singapore on August 9 on the occasion of celebrating the host’s 50th anniversary of the Independence Day.

Prime Minister Nguyen Tan Dung held a dialogue with members of the ASEAN Business Club and representatives of the Malaysian business community to discuss investment opportunities in Vietnam.

Viet kieu (Overseas Vietnamese), who are intellectuals, experts and skilled workers, have been granted a tax exemption on used cars they bring to Viet Nam, according to a new Government decree.

The harvest of longan approved for the country's first export consignment to the United States in Hanoi and the northern province of Hung Yen will finish in the next ten days, according to the agriculture ministry's Plant Protection Department.

Some 30,000 coal workers in northern Quang Ninh Province have had to stop work after the flooding shut down dozens of mines.

Flights between Viet Nam's southern Can Tho City and Bangkok were suspended yesterday as they were struggling to make money, Director of Vietravel company's southwest region Truong Van Vinh said.

Viet Nam ranks high among ASEAN countries in the number of merger and acquisition (M&A) deals and the value of deals that involved the world's inflow capital, according to the consulting firm RECOF Corporation of Japan.

Prime Minister Nguyen Tan Dung has applauded cooperation between the central banks of Vietnam and Myanmar, which he said has contributed practically to the two countries’ relations.

US Poultry and Egg Export Council president Jim Sumner denied allegations by farmers in Dong Nai Province that the US was dumping cheap chicken legs in the Vietnam market.

The Vietnam Centre for Economic and Policy Research said the poultry and livestock industry will be hardest hit by the Trans-Pacific Partnership Agreement.

Vietnam and the European Union (EU) have basically concluded negotiations on the bilateral free trade agreement (EVFTA), announced Vietnamese Minister of Industry and Trade Vu Huy Hoang at a press conference in Hanoi on August 4.

Vinaconex Water Supply Company said it will open international bidding for the construction of a second water pipeline to Hanoi after the first broke for the 11th time.

Viet Nam is the country likely to achieve the biggest gross domestic product increase in percentage terms by joining the Trans-Pacific Partnership and ASEAN Economic Community in almost all simulation scenarios, according to a study by the Viet Nam

National flag carrier Vietnam Airlines added the Boeing 787-9 Dreamliner to its fleet on August 2 at Hanoi's Noi Bai Airport.

Hanoi authorities have approved a plan to increase clean water prices by an average of 20 percent from October 1 to fund new projects to meet shortages.

The scale of Vietnamese businesses has decreased with the average registered capital of a newly-established firm till July this year being 6.2 billion VND (284,400 USD), reducing 0.2 percent over the same period last year.

Vietnam has too many banks, with only a third of the country's 90m people using banking service, a Vietnamese American banking expert said.