Business

Many groups and individuals have turned their attention and money toward Ly Son Island to get in on the ground floor of what they expect will be a tourism boom.

The Ministry of Industry and Trade has released a report on the monthly incomes of 120 leaders of its corporations and groups for 2013.

Vietnam’s annual inflation in September as measured by the consumer price index (CPI) fell to 3.62% from the 4.31% rate in August although consumer prices saw a marked rise over the previous month.

Moody's has placed six Vietnamese banks on positive outlook, the credit rating agency announced on its website on Monday.

Ho Chi Minh City recorded a rise in its Consumption Price Index in September 2014, the municipal Statistics Office revealed on September 22.

Prime Minister Nguyen Tan Dung has agreed in principal to the construction of Phan Thiet Airport in the south central province of Binh Thuan.

Hanoi’s consumer price index (CPI) for September rose 0.51% against August, according to the Municipal Statistics Office.

Vietnam’s trade deficit was estimated at US$955 million for the first half of September, reducing the country’s total export surplus since the beginning of the year down to US$2 billion, according to customs statistics.

Vietnam-based property developer Vingroup Joint Stock Co (Vingroup) and Vietnam Dairy Products Joint Stock Company (Vinamilk) have been listed among ASEAN enterprises’ top 100 by Standard & Poor's Ratings Services (S&P), a world leading provider of credit ratings.

Thousands of farmers in the Mekong Delta have been worried about their livelihoods since the Ministry of Natural Resources and Environment proposed to halt the operation of two sugar-cane mills.

Asian Development Bank (ADB) President Takehiko Nakao has suggested that Vietnam step up public private partnerships (PPP) by fine-tuning projects, to stimulate cost-effective investments.

The iPhone 6 has just appeared in Vietnamese shops and is being sold for prices as high as VND49 million (USD2,300) each.

Japan's JPE Group recently decided not to create a partnership with a Taiwanese company for a major steel project in Quang Ngai Province, bringing the project to a standstill.

Authorities in HCM City are continuing a citywide search for two products believed to contain illegally recycled cooking oil, or "gutter oil".

Hanoi municipal authorities plan to build around 1,000 markets and trade centres of different kinds, but this has raised concerns among experts.

The Asian Development Bank is expected to provide Vietnam with funding packages worth 1.37 billion USD in 2014 and 1.24 billion USD in 2015 to support its sustainable growth.

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.