Business

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.

The World Bank (WB) has forecast that Vietnam’s economy will grow 5.6% in 2015, the same level as last year.

VAMC plans to buy from VND70-100trn bad debts this year to help reduce the banking sector's bad debt level to three percent.

With the Government's determination to hasten the restructuring of the credit institution system, mergers and acquisitions (M&A) in the banking sector were projected to boom in the coming years.

Popular cookie brands are being counterfeited at La Phu Commune in Hanoi to take advantage of high demand for the upcoming Tet festivities.

The World Bank on January 13 lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices.