Business

Vinalines to open container shipping centre next week

Vinalines to open container shipping centre next week

The Vietnam National Shipping Lines (Vinalines) will open a logistics centre for container shipping on December 17 as part of moves to restructure the State-owned firm, according to Deputy Director General Do Thi Ngoc Trang.

Street food producers face challenges in the segment

Firms' designs to break into the promising street food market by the difficulty to establish a name for themselves and deal with food safety issues.

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 Vietjet Air launches first direct HCM City-Osaka flight

Budget carrier Vietjet Air launched daily flights between Ho Chi Minh City and Osaka on December 14, making it the airline’s second direct air route connecting Vietnam and the Japanese city, after Hanoi-Osaka route.

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HCM City tackles stagnant projects

The authorities in HCM City are going to suspend or adjust 180 projects which are suffering from slow progress, according to official document sent to related agencies.

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 ASEAN+3 Young Entrepreneurs Forum kicks off in HCM City

The ASEAN +3 Young Entrepreneurs Forum opened in Ho Chi Minh City on December 13, with its agenda focusing on the role of young businesses in high-tech agriculture startup and innovation.

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Grab denies violations on competition law

Grab Vietnam said that they might be interpreting the law differently after the Ministry of Industry and Trade concluded that Grab violated competition law in Vietnam.

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According to the Ministry of Agriculture and Rural Development, Viet Nam earned about US$8 billion from exporting seafood in the Jan-Nov period of 2018, a year-on-year rise of nearly 5%.

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Economies in developing Asia and the Pacific are weathering external challenges thanks to robust domestic demand, while inflationary pressures are abating, according to a new report from the Asian Development Bank.

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HCM City Taxation Department have found it difficult to collect taxes from online businesses, said a local official.

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A man in the Mekong Delta city of Can Tho has been fined VND90 million (USD4,000) for the illegal exchange of US dollar at a local gold shop.

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Vietnam has seen a considerable increase in GDP per capita, but more efforts were needed to achieve the goal of USD3,200 by 2020.

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The Vietnamese economy is expected to expand by 6.7% in 2018, according to an estimate by the Ministry of Planning and Investment (MPI).

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Vietnam has been listed in the top ten countries receiving the highest overseas remittances worldwide, according to a report jointly conducted by United Nations Development Programme and the Vietnamese Ministry of Planning and Investment.

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The consumer price index rose 0.45% in August from the previous month, the General Statistics Office reported.

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