Hanoi and South Korea's Incheon aim to increase their visibility among Vietnamese and international travelers through a series of events to promote MICE (Meetings, Incentives, Conferences and Exhibitions) tourism and medical tourism to Vietnam.
The headline Nikkei Vietnam Manufacturing Purchasing Managers` index (PMI) in July remained one of the highest since the survey begin in March 2011.
A high oil price in the world was one of the main reasons behind PVN`s positive business performances, according to the company`s consolidated financial statement.
In the past, large multinational companies such as Coca Cola, Pepsi, or Metro had been in the tax agency`s list of suspects of transfer pricing for their losses for years.
Vietnam will face a severe shortage of electricity in the next few years as domestic demand is surging rapidly while investment in the industry isn`t attractive due to low retail price.
Vietnam would need at least 10 additional new airlines to meet growing demands in near future, according to an estimation by the International Air Transport Association (IATA).
Electricity demand in Vietnam is forecast to continue increasing at an average rate of 9% per annum, driven by rising industrialization, urbanization and affluence, according to Fitch Ratings.
The profile of Vietnam’s garment and textile industry remains clear, without dumping or subsides, said the Vietnamese official.
Cryptocurrency mining rigs could be exploited for launching new currencies or a new form of payment, the Vietnamese Ministry of Finance (MoF) warned.
Chinese steel producers are planning to distribute their production capacity to other countries.
As the Vietnamese government aims to fully divest from Saigon Beer Alcohol Beverage (Sabeco), the presence of state representative in the brewer`s board is not necessary in long-term, according to the Central Institute for Economic Management (CIEM)`s expert.
Vietnam`s motorcycle market may reach its saturation point, a view point shared by both Vietnam Association of Motorcycle Manufacturers (VAMM) and Ministry of Industry and Trade (MoIT).
The farm is the first solar project for Siemens in Southeast Asia, and has a capacity of 204 megawatts peak.
The promotion of social dialogue and and collective bargaining in textile-garment industry will be implemented in the period of 2018-2020.
The results were thanks to an increase in oil and mineral prices, growing demands for coal consumption, and efficient supports from the government, stated the Ministry of Industry and Trade (MoIT).
Vietnam`s new policies encouraged domestic automobile assembling companies to expand operations and improve productivity.
High corporate tax rate led to Viettel Global`s continuing loss.
The fierce competition in the domestic market has forced Vietnamese plastic manufacturers to join hands with their foreign counterparts to get the latter’s supports.
The government should instruct relevant ministries, sectors and state-owned enterprises (SOEs) to speed up the SOE privatization as the process is going too slow, causing the country hard to meet the annual target, Finance Minister Dinh Tien Dung said.
The new wholesale electricity price frame is applied from January 1 to December 31, 2018.
ABB has marked the first 25 years in Vietnam with important projects and looks to another 25 years and more in Vietnam, its Vietnam country director stated on June 29.
