Business

Halong Marina Urban Area, which has developed a number of high-quality apartment projects, services and an entertainment center, gives a makeover to Halong City.

Unlicensed taxi drivers using the Uber application to gather customers are illegal, an official said, in the face of the growing demand for the service in HCM City.

The Government’s major tasks in 2015 will be primarily concentrated on ensuring macroeconomic stabilization and keeping inflation in check aiming to attract more investment and stimulate economic development.

In a keynote address at the Vietnam Business Forum (VBF) in Hanoi on December 2 Minister of Planning and Investment Bui Quang Vinh revealed with confidence that economic growth for the year will reach 5.8%.

Prime Minister Nguyen Tan Dung has urged for tighter control of price and market as well as combating contraband and low-quality goods as the New Year is approaching.

The private carrier Vietjet is planning to conduct an IPO that will allow it to enhance competitiveness and further expand its international network.

Many plots of land in Hanoi Old Quarter have been offered on the market at prices of up to VND1.1 billion per square metre.

Vietnam Air Traffic Management Corporation (VATM) has temporarily suspended 10 air traffic controllers for their weak English skills.

Banks predict that remittances from overseas Vietnamese will reach US$12 - 13 billion this year.

The value of agricultural and seafood product exports rose by 12.1 per cent year-on-year in the first 11 months of this year to reach US$28.2 billion.

The Secretariat of the Association of Southeast Asian Nations (ASEAN) has announced it will hold an ASEAN consumer protection conference on December 8-9 in Hanoi to address issues sparked by the escalating number of e-commerce transactions.

HCM City will set up a hotline for business sectors to create more favourable and convenient conditions for foreign investors, Le Manh Ha, the deputy chairman of the city's People's Committee, has announced.

With huge development potential, Vietnam has drawn due attention of foreign investors, said Managing Director of the World Economic Forum (WEF) Philipp Rosler.

Vietnam's index of industrial production (IIP) from January to November 2014 increased by 7.5 per cent year-on-year, according to the General Statistics Office (GSO).

Foreign visitors to Vietnam numbered 7.217 million over the past 11 months of the year, a year-on-year increase of 5.4%, according to the General Statistics Office.

Many shops in Hanoi's Old Quarter have been found selling fake products to customers, including foreigner tourists.

Foreigners now feel secure to buy houses in Vietnam, Savills Vietnam Co., Ltd said on November 26, the day after the National Assembly adopted the amended Law on Housing, which allows foreigners and Vietnamese people residing abroad to hire

Ticket prices for the popular Hanoi-Lao Cai train route have just been significantly reduced to encourage rail travel in the run up to Tet.

Since the establishment of diplomatic ties in 1993, South Africa has remained a potential trade and tourism partner of Vietnam, said Truong Thi Kim Anh, Vice Director of Vietnam Chamber of Commerce and Industry (VCCI) branch in Danang.