Business News

With its prime location in the heart of Ho Chi Minh City's business district, New World Saigon Hotel has long been a go-to spot for travelers and foodies everywhere.

1. Electronic automobile weigh supply
2. Labour protection materials supply
3. Consumable materials supply
4. Equipment and machinery supply
5. Electric, metal materials supply
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1. Vietnam's corporate bond market estimated at $11 billion in H1
2. Open Banking: an opportunity for banks
3. Vietcombank posts H1 profit of over 740 million USD
4. Ministry projects three economic growth scenarios to 2023
5. Exports of agricultural, forestry, fishery products increase: statistics
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Up to 85 per cent of firms have an optimistic outlook for the business environment in Q4, whereas 15 per cent are pessimistic about the future, according to a survey conducted by the General Statistics Office (GSO).

Last month, CPI grew by 3.18 per cent compared to the end of last year. In the first six months of the year, the price index of raw materials used for production increased by 6.04 per cent compared to the same period last year. Prices of many imported inputs also soared.

With the advantages of geographical location and investment plans for land around ports, the 17-hectare Tân Cảng-Hiệp Phước (TCHP) Port situated in HCM City’s Nhà Bè District has huge potential to become a logistics centre in the south of the city.

The Vietnam Maritime Administration has written a statement asking the Ministry of Transport for approval of Son My Industrial Park Infrastructure Investment and Construction Company Limited’s proposal to invest in building the general port with the aim of serving Son My 1 Industrial Park.

Vietnam’s process manufacturing sector has to date attracted 252 billion USD in foreign direct investment (FDI), accounting for nearly 60 percent of the total foreign capital poured into the Southeast Asian country.