Economy

VietJet inks deal to open direct flights between HCM City, Brisbane

Saturday, 17 March 2018 13:06

VietJet inks deal to open direct flights between HCM City, Brisbane Vietnamese budget carrier VietJet and the Brisbane Airport Corporation (BAC) of the Australian state of Queensland signed a cooperation agreement in Sydney on March 16 to open a direct route connecting Ho Chi Minh City and Brisbane.
 

VN central bank issues bills valued at nearly $1.9bn

Friday, 16 March 2018 11:25

VN central bank issues bills valued at nearly $1.9bn The State Bank of Viet Nam (SBV) issued bills worth some VND43 trillion (US$1.89 billion) in the past week to withdraw money from the banking system.
 
 

Gov’t Inspectorate proposes investigation into Mobifone’s purchase of AVG

Thursday, 15 March 2018 11:50

Gov’t Inspectorate proposes investigation into Mobifone’s purchase of AVG The Government Inspectorate (GI) has announced conclusion of its inspection of the acquisition of Audio Visual Global (AVG) by State-owned communications giant Mobifone, and proposed starting legal proceedings and investigation into the case.
 
 

Sabeco charged $110 million in tax arrears

Thursday, 15 March 2018 11:49

Sabeco charged $110 million in tax arrears Saigon Beer, Alcohol and Beverage Corporation (Sabeco) will have to pay nearly VND2.5 trillion ($109.8 million) in tax arrears, according to newswire Vnexpress.
 
 

CPTPP impacts on small and medium enterprises

Wednesday, 14 March 2018 12:55

CPTPP impacts on small and medium enterprises Luong Hoang Thai, director general of the Multilateral Trade Policy Department, under the Ministry of Trade and Industry, speaks to Viet Nam News Agency about the likely benefits and impacts of the CPTPP on the country’s economy.
 
 

More Chinese travelers visiting Vietnam via chartered flights

Wednesday, 14 March 2018 12:53

More Chinese travelers visiting Vietnam via chartered flights Nha Trang, Da Nang, HCM City and other famous tourism sites are seeing an influx of Chinese travelers.   
 
 

Government focuses on divestment in oil and gas sector

Saturday, 10 March 2018 14:41

Government focuses on divestment in oil and gas sector The Vietnam Oil and Gas Group (PetroVietnam) plans to reduce its ownership of PetroVietnam Gas Joint Stock Company (PV Gas) from the current 97 percent to 65 percent.
 
 

Trump’s decision expected to hurt Vietnamese billionaires

Saturday, 10 March 2018 14:33

Trump’s decision expected to hurt Vietnamese billionaires The changes in policies being pursued by US President Donald Trump will have an impact on the pockets of Vietnamese billionaires.
 
 

HCM City to address lacklustre regulation of landed property

Friday, 09 March 2018 10:34

HCM City to address lacklustre regulation of landed property Landed property is one of the major segments in the Ho Chi Minh City real estate market, but its development is sporadic and uneven. The segment fares worse than residential and commercial sectors due to a lack of professional projects.
 
 

North-south highway project fails to lure investors

Friday, 09 March 2018 09:59

North-south highway project fails to lure investors Many investors have shown interest in the huge north-south highway project, but are reluctant to make investment decisions. A legal expert who gives advice on foreign direct investment (FDI) in Vietnam said foreign investors are interested in infrastructure projects, but legal problems have caused them to reconsider.
 
 

Bac Lieu says no to thermal plant

Thursday, 08 March 2018 09:51

Bac Lieu says no to thermal plant The Mekong Delta province of Bac Lieu has rejected the proposed Cai Cung thermal power plant project, saying that it wants to become a national centre of renewable energy and a large producer of shrimp farming.
 
 

Ministry of Finance works to handle tax arrears

Thursday, 08 March 2018 09:47

Ministry of Finance works to handle tax arrears The Ministry of Finance (MoF) is working on a draft resolution on handling tax arrears and irrecoverable fines to submit to the National Assembly. 
 
 

CPTPP signing slated for March 8 in Chile

Wednesday, 07 March 2018 10:59

CPTPP signing slated for March 8 in Chile The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) scheduled to be inked by ministers of the 11 member countries in Chile on March 8.
 
 

Developing domestic automobile industry to counter imports

Tuesday, 06 March 2018 13:13

Developing domestic automobile industry to counter imports Increasing the value of domestic production and promoting the automobile supporting industry must not depend on foreign direct investment (FDI) firms.
 
 

Foreign media call Vietnam a rising tiger

Friday, 02 March 2018 14:45

Foreign media call Vietnam a rising tiger Despite Brexit and the US withdrawal from the TPP, which are expected to have adverse effects on Vietnam’s economy, foreign experts and investors still have a positive impression of the economy’s performance.
 
 

VN-Index rises for fourth day

Thursday, 01 March 2018 12:40

VN-Index rises for fourth day Shares rose for the fourth consecutive day on February 28 on the HCM City Stock Exchange, largely on the strength of a handful of banking and energy blue-chips.  
 
 

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