Business

Another foreign investment wave has been forecast to come to Vietnam from multi-national companies during the 2015-2020 period.

The Hongkong and Shanghai Banking Corporation (HSBC) has revised down its forecast for Vietnam ’s Consumer Price Index to 6.5 percent from 7.3 percent this year.

Global real estate company Knight Frank reveals the number of ultra-high-net-worth individuals in Vietnam’s HCM City is expected to triple by 2023, from 90 to 246, the largest increase along more than 80 cities worldwide.

China's finance minister suggested on Thursday that a growth rate of "7.2 percent or 7.3 percent" would be acceptable, a day after the country announced a 2014 target of "around 7.5 percent".

Airlines in Vietnam have been rushing to offer cheap airfare as demand in the travel market falls after Tet.

One official from the State Bank of Vietnam said in a recent interview that banks are applying better lending policies and credit will grow around 14% this year.

With President Obama’ upcoming trip to East Asia next month to give a much needed push to the Trans-Pacific Partnership Trade agreement, Vietnamese export of catfish to the US is unwillingly back on the negotiation table.

The finance and trade ministries will set up delegations to inspect dairy production and trading companies after these companies submitted proposals to increase the prices of their products.

Vietnam and Indonesia need to strengthen cooperation in such potential areas as trade, investment and tourism, aiming to raise two-way trade to US$10 billion in the coming time.

An International Processing, Filling and Packaging Exhibition and Conference is taking place in HCM City from March 4-6, introducing the latest advances in the plastic industry.

Pham Nhat Vuong, founder and chairman of conglomerate Vingroup, remains the sole Vietnamese cited in Forbes magazine’s annual list of the world’s richest people.

With International Women's Day fast approaching, people are flocking to supermarkets and shops to buy gifts for their loved ones.

Peugeot's 308 picked up the Car of the Year award Monday, a boost for the troubled car company that recently had to be rescued by the French state and China's Dongfeng.

Asian stocks tumbled Monday as tensions over Russia's military advance into Ukraine and the impact of possible sanctions by Western governments intensified.

Gas prices have been cut by VND31,000 (USD1.46) per 12-kilo canister beginning March 1, a company official said.

Deputy Minister of Construction has had to explain circular 16, which has been blamed for cheating home-buyers.

Renowned US business magazine Forbes has announced the list of the year’s top 50 businesswomen in Asia, including three Vietnamese.

The Vietnam Asset Management Company plans to purchase VND10 trillion of non-performing loans (NPLs) from credit organisations in the first quarter of 2014 in an effort to avert a debt default.

Prime Minister Nguyen Tan Dung has urged ministries, sectors and localities to speed up the restructuring of state-owned enterprises following the approved plan, determined to make clear progress in 2014.