Business

Prime Minister Nguyen Tan Dung has reiterated that Vietnam always rolls out the welcome mat for Indian investors and provides all possible assistance for them.

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been honored by the International Finance Magazine as the "Most Innovative Bank in Vietnam" in 2014, becoming the first Vietnamese commercial bank to get the award.

A ceremony to launch the construction of Tam Dao 05 offshore oilrig, the second locally-manufactured jack-up rig, was held in the southern province of Ba Ria-Vung Tau on October 25.

Vietnam’s Top Brands 2014 were announced by the Institute of Economic Research and the Global Trade Alliance- Global GTA (UK) at a ceremony held on October 25 in Ho Chi Minh City.

New and additional foreign direct investment (FDI) registered by foreign investors during the first 10 months of the year increased 71.2% on-year to US$13.7 billion, according to the Foreign Investment Agency (FIA).

Application of atomic energy in socio-economic development is the major topic for discussion at a national conference in the central city of Danang from October 23-24.

The Ministry of Finance has just slashed fuel prices by VND440 to VND550, making this the eighth fuel price reduction this year.

Enterprises in the southern economic hub of Ho Chi Minh City need to employ 30,000 new members of staff in November, including 10,000 seasonal contracts to fill orders from domestic and foreign buyers.

The Prime Minister issued a decision on October 22 to approve an action plan to develop the shipbuilding industry.

The Minister of Planning and Investment has just pointed out that Vietnam has violated three key economic principles in state budget spending at a recent National Assembly discussion.

In response to rules seen as draconian by employees, workers at Vina Duke have gone on strike.

The Hanoi consumer price index (CPI) for October rose 0.04% against September and by 2.72% compared to the same period last year, according to the Municipal Statistics Office.

A meeting of leading German companies in Vietnam will be an opportunity to promote trade and investment between Vietnam and Germany, and other European Union countries, said experts.

Vietnam is quietly fixing itself. After years of credit-intensive growth, with most capital channelled into the inefficient state-owned sector, the country is taking a breather and focusing on a more sustainable growth strategy – exports.

Vietnam’s socio-economic development is progressing steadily, with economic growth likely to reach 5.8 percent this year, according to a Government report.

Jetstar Pacific Airlines (JPA) accumulated losses of 2,564 billion VND (122.1 million USD) during 2008-2013, the latest financial report of Vietnam Airlines Corporation, JPA’s mother company, revealed.

Casinos are to be open to Vietnamese citizens aged 21 and above who meet certain background and financial criteria, according to the amendments to the draft decree on casinos that are currently under consideration.

The Vietnam Association of Female Entrepreneurs (VAFE) made debut at a congress in Hanoi on October 19, which elected Deputy Minister of Industry and Trade Ho Thi Kim Thoa as the Association’s Chairwoman in the first term, from 2014

Restrictions against placing brand logos or pictures of products on advertisements for shops have just been put in place for store in HCM City.