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Luxstay snaps up $4.5 million from Korean investors

Luxstay snaps up $4.5 million from Korean investors

Local accommodation rental startup Luxstay has now secured a $4.5-million bridge loan from Korean-backed GS Home Shopping (GS Shop) and BonAngels.

How can Vietnam become Asia's new tiger?

Many foreign investors have confirmed that Vietnam is their only destination in the region and they still expect to expand their investments in Vietnam.

APEC ministers pledge free trade

Trade representatives of the 21 Pacific Rim countries, meeting late last week in Hà Nội, reaffirmed their commitment to support free and open trade and pledged to fight all forms of protectionism.

Fitch Revises Outlook for Vietnam to Positive; Affirms at 'BB-'

Fitch Ratings has revised the Outlook on Vietnam's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed the ratings at 'BB-'. The ratings on Vietnam's senior unsecured foreign- and local-currency bonds are also affirmed at 'BB-'. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-and Local-Currency IDRs at 'B'.

Entrepreneurs' voice at sidewalk of PM's meeting with enterprises

Key messages remain to hang over the atmosphere of dialogue awaiting for PM's harsh action

PM kicks off private sector talks

The national-level dialogue of Prime Minister Nguyen Xuan Phuc and the business community, entitled “Walking in the step of businesses,” has kicked off. The PM promised to help enterprises tackle their woes. Below are some of their issues.

Vietnamese businesses begin to feel impact of WannaCry ransomware

Around 800 personal computers and web servers in Vietnam had fallen victim to WannaCry ransomware as of Tuesday afternoon, local cyber security firm CMC Infosec said the same day.

Vietnam finishes third in Southeast Asia race for tourist dollars

Thailand is way ahead of the game, but Vietnam still welcomed record foreign arrivals and revenue in 2016.Tourists arrivals in Vietnam past the 10 million mark last year, and the $18 billion in revenue collected by the sector contributed around 7.5 percent to the country’s economy.

Vietnam, China issue joint statement

Vietnam-China friendship is a valuable asset of the two countries’ Parties, States and people and it needs to be preserved and promoted, said a joint statement between Vietnam and China.

People, businesses key to APEC’s present success: President

President Trần Đại Quang attributed the success of the Asia-Pacific Economic Co-operation (APEC) to keeping people and businesses at the centre of development, at a dialogue about the APEC’s future.

World Bank funds US$155 Million to Support Autonomous Higher Education in Việt Nam

The World Bank’s Board of Executive Directors approved today US$155 million in financing to strengthen the research, teaching, and institutional capacity of three universities and improve the management of Việt Nam’s higher education system.

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