Business

Vietnam’s Government not intervene in domestic carbon steel prices: Canadian agency

Vietnam’s Government not intervene in domestic carbon steel prices: Canadian agency

There is not enough ground to say that the Government of Vietnam intervenes in the domestic prices of the carbon steel welded pipe industry, according to the final determination by the Canada Border Services Agency (CBSA).

Prosecutors back Grab appeal

HCM City Superior People's Procuracy have rejected a compensation claim by taxi provider Vinasun against app-based journey booker Grab.

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Hai Phong to build 5-6 industrial parks

The northern city of Ha Phong houses 13 industrial parks with 449 projects and intends to build additional five to six others in the coming years.

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Hanoi’s much-delayed metro project scheduled for official run

The official operation of Hanoi’s much delayed first metro project has been rescheduled until April this year.

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Power sector urged to attract non-state resources

The Government has encouraged the power sector to attract non-State budget resources to meet average rising power demand of about 10-11% per year, said PM Nguyen Xuan Phuc.

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Hanoi five-star hotels fully booked ahead US-North Korea Summit

A range of five-star hotels in Hanoi have been fully booked ahead of the US-North Korea Summit which is scheduled to take place in the capital city.

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Long Thành airport construction set for 2020 start

Deputy Prime Minister Trịnh Đình Dũng has urged agencies to work together closely to ensure that construction of Long Thành International Airport in the southern province of Đồng Nai will begin next year.

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 Vietnam International Travel Fest to debut in Hanoi

The first Vietnam International Travel Fest will take place from March 15 to 17 at AEON Mall Long Bien in Hanoi.

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Vietnam has set a target to restrain inflation at below 4% in 2019, however, there may be challenges.

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Vietnam’s public debt in 2018 was estimated to account for less than 61% of national GDP, according to an official from the Ministry of Finance.

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Local banks have increasingly sought cross-border borrowings in recent years after being pressured to raise capital for lending.

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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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