News

Irradiation service charges on Vietnam's fruit for export are four times higher than in Thailand, causing the competitiveness of the country’s fruit to fall.

The Ministry of Transport’s strict financial requirements for the North-South expressway project may push local investors out of the project.

There are challenges with formidable technical barriers and difficult consumers, but the Australian market still has buoyant demand and great affordability.

Electricity bills for March soared by at least 35% over the previous month due to the higher power demand during scorching weather and the retail electricity price hike of 8.36%, besides being in force for a longer month compared with February, Vietnam Electricity Group (EVN) told the local media.

Foreign investment pledged to Vietnam in the first four months of the year reached US$14.59 billion, the highest for the period over the last four years, according to data from the Foreign Investment Agency under the Ministry of Planning and Investment.

Local banks are taking precautionary measures to cope with card fraud, such as asking cardholders to change their passwords and locking automated teller machines (ATMs) after 10 p.m. during public holidays.

The local retail sector has attracted significant foreign funding through merger and acquisition deals as well as business expansions. Last year, retail sales hit an estimated VND3,300 trillion, up 12.4% against sales in 2017, according to the General Statistics Office.

More than 43,300 enterprises have been established and nearly 17,500 others have resumed operations in the first four months of the year, according to the General Statistics Office.

Vietnam could add $162 billion to its GDP in 20 years’ time by turning its economy digital, says a deputy minister.