Business News

[05-09-2016] A series of new policies are coming into effect in September, including regulations relating to policies to support poor students, export tariff cuts for environmentally friendly products, and tightened State control of chemical substances.

[04-09-2016] A series of new policies are coming into effect this month, including regulations relating to foreign diplomats and policies to support poor students, raise awareness of legal assistance and tighten State control of chemical substances.

[03-09-2016] Phu Quoc Island has so far attracted 244 projects worth VND314 trillion (US$14 billion), mostly in infrastructure, urban development, fisheries, tourism, trade and services. Twenty eight projects with an investment of VND35 trillion ($1.57 billion) are already operational while 22 others worth VND35.6 trillion are under construction.

[01-09-2016] A future national industry policy should work to sustain the national economy’s self-reliance and enable sectors’ effective participation in global production and distribution chains, heard a seminar in Hanoi on August 28.

[29-08-2016] Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $9.8 billion in the first eight months of this year, up 8.9 percent from a year ago, the Planning and Investment Ministry said.

[31-08-2016] Home prices in Vietnam continued rising in July, according to a monthly report of the Vietnam Real Estate Association (VNREA) released last week. Price hikes were seen in almost all segments including apartment, townhouse, villa and land lot. Prices of mid- and hi-end apartments in finished projects picked up 4-6%.

[31-08-2016] Experts have called for Vietnam, businesses and building operators to invest in energy-saving technology as power demand is growing strongly. Electricity demand in Vietnam is projected to rise by at least 10% a year and increase to 615.2 billion kWh in 2030 from 169.8 billion kWh last year.

[18-08-2016] Low industrial production index, half-plan export growth and rising prices of some commodities are major hardships that the industry and trade sector of Vietnam will have to face in last five months of 2016.