Vinpearl Air may take off next year Business

Vinpearl Air may take off next year

The Ministry of Planning and Investment (MPI) has submitted to the Prime Minister plans for the establishment of Vinpearl Air, with investment capital of 4.7 trillion VND (202.6 million USD).
Economic milestones of Vietnam in 2019 Business

Economic milestones of Vietnam in 2019

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
Jail sentences pronounced in Mobifone-AVG case Society

Jail sentences pronounced in Mobifone-AVG case

The Hanoi People’s Court on December 28 handed out jail sentences to 14 defendants in relation to the case of MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG).
More investment flows into SHTP Business

More investment flows into SHTP

The Ho Chi Minh City People’s Committee released its approvals of nine investment projects, including a foreign direct investment (FDI) project and eight domestic ones, into the Saigon Hi-tech Park (SHTP) with a total value of 777.29 million USD.
Hanoi attracts most investment in 11 months Business

Hanoi attracts most investment in 11 months

Hanoi attracted the most foreign direct investment (FDI) in Vietnam during the first 11 months of this year with 7 billion USD, accounting for nearly a quarter of the total, according to the Hanoi Department of Planning and Investment.
PetroVietnam in need of investment capital Business

PetroVietnam in need of investment capital

Demand for investment capital at the Vietnam Oil and Gas Group (PetroVietnam) and its member units for 2018-20 is estimated to reach 620 trillion VND (26.7 billion USD), PetroVietnam Securities Inc (PSI) recently announced.
Better legal framework needed for SMEs Business

Better legal framework needed for SMEs

A consistent legal framework related to tax deductions, land allocations and credit programmes is needed to support small- and medium-sized enterprises (SMEs), experts have urged.