Business

The fifth Buon Ma Thuot Coffee Festival will take place March 9-12 at Buon Ma Thuot city in the Central Highlands province of Dak Lak.

Consumer price index in January dropped by 0.17% in Hanoi and 0.48% in HCM City since December as a result of recent reductions in petrol, oil and gas prices.

Two varieties of imported US apples believed to be contaminated with a potentially lethal virus may be on sale in Vietnam.

In a move aimed at saving billions of VND, the State Bank of Vietnam has halted production of small denomination banknotes ahead of the coming Tet holiday.

Prices of petroleum products in Vietnam have been cut for the second time this year with petrol dropping more than VND1,800 a litre at the bowser.

The Consumer Price Index (CPI) in January will fluctuate slightly and see a minor reduction, the Price Management Department under the Ministry of Finance, forecast.

The International Monetary Fund on Tuesday sharply cut its 2015-2016 world growth forecast of only six months ago, saying lower oil prices did not offset pervasive weaknesses around the globe.

The State has maintained the number of general sales agent in the domestic gas trading system in its third draft on gas-trading regulations.

Higher monthly wages at many companies in Hanoi, especially in the FDI sector, signal continuing economic recovery in the capital.

A ground-breaking ceremony was held on January 18 for Phan Thiet airport in Thien Nghiep commune, Phan Thiet city, the southern central province of Binh Thuan.

HCM City is targeting to lure 700 million USD of investment into its industrial zones and export processing zones in 2015, said the management board of the city’s Export Processing and Industrial Zone Authority (Hepza).

Prime Minister Nguyen Tan Dung has given the go ahead for an investment project to construct a tourism and entertainment complex along with a casino at the Phu Quoc island district in the southern province of Kiên Giang.

The expansion of the PhuCat Airport in the central coastal province of Binh Dinh will commence today, the Airports Corporation of Vietnam (ACV) reported.

Farmers are facing a hard time as milk companies in Vietnam set quotas on the amount of milk they will buy, creating a market glut.

Total revenue of Vietnam’s tourism industry was estimated at VND230 trillion in 2014, up 15% from the figure recorded in the previous year.

The Electricity of Vietnam National Power Transmission Corporation plans to spend a record 19.51 trillion VND (929 million USD) on transmission projects in 2015 so as to ensure power supply for the south.

Workers in the construction sector are owed VND528bn(USD25m) in unpaid wages, according to a review by the Vietnam General Confederation of Labour.

The 21st meeting of the Mekong River Commission, underway in Hanoi on January 15-16, aims to review the results achieved in 2014 and map out a course of action for 2015.

The Ministry of Industry and Trade wants to tighten controls over the operation of Uber taxi in Vietnam to protect consumers from payment risks.