Trade - Service

US producers claim that the Vietnamese cold rolled steel exported to the US is the same class or type as these that are being slapped with tariffs from South Korea.

The lack of cooperation between enterprises in forming a value chain is one of the main restrictions for Vietnam in its quest towards sustainable exports, according to economist Pham Chi Lan.

Two major projects in the West will be put into operation namely Discovery Complex FLC Twin Tower this year, supplying a combined 40,700 square meters.

The application of technology to the management and connection of electronic contract-based passenger transportation has created more options for passengers, providing information on drivers, fares, among others, according to the Vietnamese Ministry of Transport.

An investigation of the Ministry of Industry and Trade (MoIT) concluded that 99.3% or 2,257 out of the total 2,273 products sold by the self-claimed-Korean-brand Mumuso Vietnam were imported from China.

Being among the most attractive destinations in ASEAN for mergers and acquisitions (M&As), Vietnam has been also a fruitful land for M&A consulting service providers.

After the testing, Go-Viet is scheduled to launch officially on September 5 in Ho Chi Minh, Hanoi and other provinces/cities in Vietnam.

Vietnamese consumers are changing at a fast pace, according to a recent report by Nielsen Vietnam.

In addition to prospects of high profit to attract investors, the lack of legal framework to manage cryptocurrencies is considered one of the main reasons behind recent large-scale scams.

Vietnam`s dairy market is expected to double its size by 2020, reaching US$8.2 billion, informed the EU-Vietnam Business Network (EVBN)`s 2016 report.

Vietjet Air announced its business results in the second quarter of 2018 with robust growth in core business activities including air transport and ancillary revenue.

For many years, both KFC Vietnam and Lotteria Vietnam, and to a lesser extent Jollibee, posted revenues of millions of USD but still sustained losses.

The country needs to stay alert of the ongoing US-China trade war, the General Statistics Office warned.

Although private enterprises only invested in 14% of the number of airports in the world, those airports are serving 41% of international air passengers, according to aviation experts.

Merger and acquisition (M&A) in the banking industry is expected to enter a new stage next year as small banks have to increase capital to meet Basel II regulations while the government wants to reduce the number of banks in the country.

FLC Group`s tourism infrastructures and network of resorts have brought benefits to other airlines, thus, there is no reason for this project to fail, asserted Trinh Van Quyet, chairman of the Vietnamese conglomerate.

One of the reasons behind a sharp decrease in Kido Group (KDC)`s profit was the one - off financial income in the first quarter in 2017 of VND531 billion (US$22.95 million), according to the group`s quarterly financial statement.

Masan Group`s net profit after tax post minority interest (NPAT Post - MI) reached VND3.03 trillion (US$130.5 million) in the January-June period, representing a whopping increase of 566% year-on-year, stated the group.

Prime Minister Nguyen Xuan Phuc in early April urged greater vigilance against cryptocurrency transaction and investment, while using cryptocurrencies as means of payment is prohibited in Vietnam.

The shipment growth of the industry marked the fastest pace in the past five years.