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Cement sales lost momentum, with decline clinker export foreseen in 2019

Cement sales lost momentum, with decline clinker export foreseen in 2019

Clinker and cement sales fell 0.5 per cent in the first four months through April as a result of slowdown in domestic market and exports.

Vietnam: Spotlight on the accommodation and tourism industry

Vietnam has undergone an astonishing 30 years of development. The World Bank's outlook for the Vietnamese economy remains highly positive, with average GDP growth of around 6% forecast annually until 2020.

VND3,200 billion for expansion of Noi Bai and Tan Son Nhat Airport

Airports Corporation of Vietnam (ACV) will allocate more than VND 6,000 billion (US$264 million) to upgrade Vietnam airports in 2017.

Private business faces challenge to borrow loans

With the fact that the state budget is facing many difficulties, Vietnam will be no longer receive preferential ODA funds from July 2017, foreign investors also reduce capital flows, encouraging investment from the private sector is promoted. The development of the private sector is a "survival" challenge for Vietnam in the near future.

Vietnamese enterprises in the storm of merger and acquisition

Although many policymakers and economists have offered solutions to oppose against the “storm” of M&A acquisitions, many companies are struggling even in the home market. Domestic brands use a variety of solutions, such as changing business strategies, making long-term competition in the market, etc., but the majorities acknowledge that branding is difficult while protection and development of local brands is becoming more difficult, nearly alone in the fight against the “storm” of M & A.

Public controversy over Tan Son Nhat International Airport Expansion

The expansion of Tan Son Nhat International Airport, the largest one located six kilometres from the center of Ho Chi Minh City, has provoked a heated debate between the Government and Deputies of the National Assembly of Vietnam.

World Bank Financing to Bolster Vietnam's Efforts to Spur Rural Development

Vietnam’s National Target Programs (NTPs), which aims at reducing poverty of ethnic minorities in 18 provinces, has just been funded US$153 million from World Bank.

VCCI to publish Report on the conditional business lines and business conditions

The business law system of Vietnam has recently made positive changes, creating a favorable business environment for enterprises. However, besides these positive moves, the legal system still exists many "barriers" that make the realization of "business freedom" meet many challenges.

Grab or "Xe Om"? The clashing paths of Vietnamese drivers

Many drivers hit back as modern ride-hailing services like Grab have expanded into the traditional turf.

Hanoi reconsiders changing office, school hours to combat traffic congestion

A police survey found that 70 percent of the capital's residents were in favor of the plan.

Vietnam bans new carpooling services from Uber, Grab

The authorities say sharing a car with a stranger comes with risks that passengers should not ignore.

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