Business

Four more foreign airlines began to launch their flights to Tan Son Nhat international airport between mid-October and mid-November, according to the Saigon Ground Services Company Limited (SAGS).

As Tet nears, peach and kumquat trees growers in Hanoi look forward to bountiful crops and good business after a year of favourable growing weather.

The original capacity of the Duyen Hai 3 thermal power plant will be increased by 660MW from the current 1,244MW thanks to an expansion project which began Saturday in the Southern province of Tra Vinh.

Vietnam is now ready for the ASEAN Economic Community, due to be formed at the end of 2015, experts said at a seminar held by the Central Institute of Economics Management in Hanoi.

Moody's Investors Service has recently revised its outlook for the Vietnamese banking system to stable from negative, reflecting the increased stability in the operating environment for the banks, as well as in Vietnam's macro-economic situation, and a reduction in

The Thai Ministry of Commerce is proposing to the Cabinet the selling of stockpiled rice to nations in Africa and the Middle East.

The State Bank of Vietnam will begin imposing penalties of VND10-15 million on banks with ATM machines that run out of money or are taken out of service without a 24-hour warning.

Vietnam and the Republic of Korea signed a minute on the conclusion of negotiations of their bilateral free trade agreement (FTA) in Busan on December 10.

Credit Suisse has been named Best Foreign Investment Bank in Vietnam in The Asset magazine’s Triple A Country Awards for 2014.

A crackdown on smugglers has created turmoil at Vietnam-China border crossings, notably at Mong Cai Border Gate, which is being flooded with people going between the two countries as gangs probe for weak spots in border control.

The Vietnam Bank for Agriculture and Rural Development (Agribank) was named in the Top 10 of VNR500 in 2014 and was the only commercial bank in the position, Vietnam Report Joint Stock Company announced on December 9.

The world's leading wind energy company Vestas Wind Systems from Denmark yesterday said that it saw huge potential for windpower development in Vietnam and promised to help the country make wind a sustainable energy solution.

Motorbike taxi service is gaining in popularity in Hanoi, with dozens of uniformed drivers on company bikes doing a brisk business outside My Dinh Station.

The interest rates on Vietnamese dong credits and deposits slashed by 1.5-2 percent over the previous year, helping remove difficulties for businesses, curb inflation and stabilise the monetary market.

The newly-built Noi Bai-Lao Cai Expressway offers a convenient route for travelers, but is also causing a sharp fall in ticket sales for the Hanoi-Lao Cai train route.

The 2014-2015 coffee crop will see output fall by 20 percent due to drought and a large proportion of old trees with low yields, according to Chairman of the Vietnam Coffee and Cocoa Association (Vicofa) Luong Van Tu.

World Bank (WB) Country Director Victoria Kwakwa has affirmed development partners’ willingness to support Vietnam through providing policy consultancy and capital sources at the Vietnam Development Partnership Forum which opened in Hanoi on December 5.

Sales of economy cars, once the backbone of the local auto industry, are lagging as luxury models gain ground in the Vietnam market, industry players say.

Vietnamese goods made up 0.7% of global exports in 2013, representing an increase of 0.4% since 2007, according to latest report by HSBC.