Business

The US Trade and Development Agency (USTDA) has provided 700,000 USD in non-refundable aid to the pilot application of Vietnam’s Smart Grid project, that will help Vietnamese energy companies efficiently manage the use of electricity during peak hours, and

The Vietnamese American entrepreneur, Hoang Kieu, has been added to the list of the world's billionaires released by Forbes Magazine on September 17.

Standard Chartered Private Equity announced on September 16 the acquisition of a significant minority stake in Golden Gate Trade and Service JSC through an equity investment of US$35 million.

A WB funded project to upgrade six urban areas in the Mekong River Delta has kicked off its second phase for the four-year period from 2014-2017, according to local authorities.

Vietnamese authorities are investigating several international food companies operating in the country after Taiwanese authorities put them on a list of customers buying illegally-recycled cooking oil.

Deputy Prime Minister Pham Binh Minh on September 16 attended the 11th China-ASEAN Exposition (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) opening ceremony in Nanning.

Vietnam Airlines on September 15 announced a codeshare pact with Jet Airways of India for jointly sharing passengers to provide them seamless connections on direct flights from Vietnam to India, easily facilitating one-stop ticketing and baggage check-in.

A large workshop in Dak Lak Province has been shut down for making instant coffee from corn, soya bean flours and chemicals.

While the Samsung Group plans to significantly increase their investment in Vietnam, most Vietnamese enterprises do not have the capacity to become suppliers to the giant firm.

Experts are seeking a much larger increase in the special consumption tax on tobacco products than that proposed by the Ministry of Finance.

British retailer Marks & Spencer, which opened in Vietnam just a fortnight ago, has announced that it has already achieved its first month’s sales target.

Nations square off in Slovenia this week over the fate of hundreds of whales in the crosshairs of Japanese and Greenland hunters accused of sidestepping a commercial killing ban.

A working team has been set up to study the establishment of the Hanoi-Ho Chi Minh City straight air route over Laos and Cambodia.

PM Nguyen Tan Dung hailed the contributions of former Japanese PM Hatoyama Yukio to the friendship and cooperation between Vietnam and Japan.

Several experts have said that Vietnam should improve the domestic tobacco industry to reduce the demand for smuggled tobacco.

VietJetAir, Vietnam's low cost airline, began selling 360,000 tickets on September 12 for travel during the next Lunar New Year holiday.

Prime Minister Nguyen Tan Dung has approved a plan to equitise Vietnam Airlines, the national flag carrier.

Zone 9, a once-popular, if short-lived, entertainment area in Hanoi that was closed in late 2013, will be reopened early next year.

Authorities of HCM City said they were going to propose certain incentives for the USD1 billion project by Samsung Group.