Business

Ho Chi Minh City has seen a clear trend in which foreign-invested enterprises have bought more apartments to accommodate staff in the Phu My Hung city centre in Saigon South.

A London based reporter of Vietnam News Agency on November 25 quoted the Economist Group’s Economist Intelligence Unit (EIU) assessment on Vietnam’s promising prospects for economic growth in Vietnam.

During a recent visit to Vietnam, Sheldon Adelson, chairman and CEO of US-based LasVegas Sands, expressed his group’s interest in an integrated resort in Vietnam.

The Consumer Price Index in November slightly rose by 0.34 percent against last month, the lowest increase over the last five years.

The Vinh Long Import-Export Manufacturing Joint Stock Company (JSC) has launched its investment project in Arkansas ’ Morriltion City , becoming the first Vietnamese private company to do so in the US .

The Asian Development Bank (ADB) has committed a US$50 million concessional loan to boost the development and competiveness of small and medium-sized enterprises (SMEs) in Vietnam.

The Vinh Long Import-Export Manufacturing Joint Stock Company (JSC) has launched its investment project in Arkansas ’ Morriltion City , becoming the first Vietnamese private company to do so in the US.

Mixed opinions arose over Hoang Anh Gia Lai Group's recent proposal to the Ministry of Industry and Trade for an import quota for 30,000 tonnes of sugar from the group's factory in Laos's Attapeu Province in the 2013-14 crop.

National flag carrier Vietnam Airlines has been struggling to keep its staff members from going to rival companies which are willing to offer them much higher salaries.

The consumer price index of Ho Chi Minh City in November increased by 0.17 percent from the previous month and 4.97 percent year-on-year.

Party General Secretary Nguyen Phu Trong attended the Mumbai business forum on November 22, joining representatives from leading Indian corporations and firms operating in industry, technology, pharmaceuticals, trade, and services.

Japanese Group- Sumitomo Corporation is keen to invest in Vietnam’s real estate projects, has said Hirokazu Higashino, General Manager of Sumitomo Corporation's Building and Overseas Real Estate Business Department.

Vietnam is rich in fire ice reserve which is a promising new energy source when conventional fuel such as coal, gas and oil, is becoming exhausted.

Two former leaders from a subsidiary of the Vinalines are being prosecuted for “asset misappropriation” in the Floating Dock 83M case.

The Ministry of Industry and Trade will apply strict regulations on the quality of imported foods from December 20.

The government will carry out its fiscal and monetary policies consistently and effectively to support business production, control inflation, and stabilise the macro economy in immediate and medium periods.

The 15th International Telecoms and Information Technology (Vietnam Telecoms 2013) exhibition in HCM City is displaying the latest telecommunication technologies and services to local companies and customers.

With the basic salary increase of around VND350,000 per month, payment would meet only nearly 80% of an average worker’s budget.

Up to nearly 70% of overseas remittance were poured into Vietnamese production and business in the first nine months of this year, instead of real estate and securities.