Sunday, October 13, 2019
Thang Long Industrial Park II in the northern Hung Yen Province. Photo courtesy of Sumitomo.Japanese group Sumitomo plans to spend over JPY19 billion ($176 million) expanding two industrial parks in northern Vietnam.The company will invest over JPY14 billion ($130...
A Cat Linh Ha Dong Metro train runs on trial in Hanoi. Photo by VnExpress/Giang Huy.A date can’t be set for Hanoi’s first metro line to begin commercial operations as the Chinese contractor is yet to complete work.Deputy Minister...
Cars and motorbikes move during rush hours in Hanoi. Photo by Shutterstock/MinhHue.Consumption of imported cars has skyrocketed while that of locally-assembled ones is falling despite efforts last year to tighten imports.From January to August, sales of imported cars rose...
Aircraft of Vietjet and Vietnam Airlines are seen at Noi Bai International Airport, Hanoi. Photo by Shutterstock/Peacefoo.Vietnam Airlines and Vietjet are accusing each other of adopting illegal and opaque fare-listing practices.The former earlier this month called on authorities to...
A section of the Da Nang - Quang Ngai Expressway which will be connected to the North-South Expressway. Photo by VnExpress/Dac Thanh.Construction on the first section of the North-South Expressway, a VND7.7 trillion ($331 million) project in central Vietnam,...
Aerial view of Ho Chi Minh City. Photo by Shutterstock/Tiep.Nguyen.Apartment prices in HCMC have risen by more 50 percent across all segments since 2015, real estate firm DKRA said.In 2015 the average price of a high-end apartment was VND40...
A Vertu New Signature Touch - The Floating Seahorse model being held up. Photo acquired by VnExpress.After a two-year hiatus, British luxury phone maker Vertu has announced resumption of sales at its Ho Chi Minh City store next month.Vertu...
The rate cut will take effect from September 16. Photo by AFP.The State Bank of Vietnam announced Friday it would cut various interest rates to maintain macroeconomic stability, support economic growth and control inflation.The annual refinancing rate, rediscount rate,...
An artist's impression of the Cam Lo - La Son Expressway. Photo courtesy of the Ministry of Transport.Construction work on a VND7.7 trillion ($331 million) section in the central part of the North-South Expressway will begin next week.The 98-kilometer...
People drink beer at an eatery in Hanoi. Photo by Shutterstock/Kittibowornphatnon.Independent bars and cafés in Vietnam earned VND77.2 trillion ($3.3 billion) last year, up 5.7 percent from 2017, a market research firm says.Together with chained cafés and bars, sales...

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