Business

The nation’s consumer price index (CPI) for July rose by 0.23% over June and 4.94% over the same period a year ago, according to the General Statistics Office (GSO).

There is at least one official of the Ministry of Agriculture and Rural Development who is not optimistic about the prospect of milk processing factories in Vietnam.

Hanoi Party Committee Secretary Pham Quang Nghi has asked the US to further open its market for Vietnamese products, restrict trade barriers, encourage US investment in Vietnam, and recognise the country’s market economy status.

A man from Binh Duong Province has complained that Tribeco Company did not give him the VND100 million prize he won by using their product.

Many projects in what Vietnamese investors once termed the "golden land", along coastlines in Danang City have been stagnant for years and authorities have not revoked the land.

The Civil Aviation Authority of Vietnam decided to fine low-cost carrier VietJet Air a total VND107.5 million for landing at the wrong airport last week.

Ho Chi Minh City saw the smallest increase in its consumer price index (CPI) in July when it expanded by only 0.12 percent from June, said the municipal Statistical Office on July 22.

Investigators who busted a large cellular spamming case, said that mobile network operators should take some responsibility because they profit from the junk messages.

An economist from USAID said Vietnam's GNI per capital should be USD7,000, but that ineffective management has hindered Vietnam's growth.

Marks & Spencer, one of the largest British retail clothing and food companies has announced its plan to set foot on Vietnamese market, the Government news portal reported.

Vietnam is the country in which World Bank's rural finance project has been the most successful, an achievement that gained it enough support to guarantee its continuation.

Representatives of Vietnam Airlines said that it has cost them tens of billions of VND each month to reroute all flights which passed through Ukrainian airspace.

The Consumer Price Index (CPI) in Hanoi for July accelerated 0.18% over the previous month and 6.39% over the same period last year, according to the Municipal Statistics Office.

Transport Minister Dinh La Thang complained about the slow progress of several transport projects contracted to Chinese and South Korean firms.

Japan’s Yanmar Company is implementing a pilot project to supply 180 composite vessels to Vietnamese fishermen to help them increase tuna yield and quality.

To-be-opened air routes linking southern Phu Quoc Island with international destinations are hoped to smooth the way for tourists as well as investment to the place dubbed “ Pearl Island ”.

Contractors are stepping up construction work on three infrastructure projects worth billions of US dollars in capital Hanoi to ensure they will be put into operation late this year.

Starbucks, the world’s largest coffee company, has announced plans to open three new cafes in Hanoi over the next year targeting young people and foreign tourists.

Government apartment buildings in Hanoi are showing signs of deterioration and private companies find it difficult to invest in these projects.