Average occupancy of five-star hotels was up four percentage points quarter-on-quarter (QoQ) and 10 percentage points year-on-year (YoY) to 74 per cent, according to a quarterly report by Savills Việt Nam.

Đông Á Plastic Joint Stock Company in 2017 will increase its chartered capital to VNĐ500 billion (US$22.2 million) from the current VNĐ419 billion.

Eleven innovative tourism startups from Việt Nam have qualified for the Mekong Innovative Startup Tourism (MIST) Startup Accelerator programme.

The rapid growth and increasing production of cement in Việt Nam raises questions of how to increase efficiency and minimise hazards to workers and the environment, said Swedish Ambassador to Việt Nam Pereric Hogberg at a Hà Nội workshop on Thursday.

Property prices in HCM City, especially of land, have been rising by 20-40 per cent every quarter in the last few quarters, according to CBRE Việt Nam.

The construction ministry will study the legality of coastal condotels and issue technical standards soon to ensure that the development of this new property product is on the right track.

Export turnover by the foreign direct investment (FDI) industry sector in Việt Nam accounts for a large percentage of the total national exported amount, as of March 2017, according to statistics from the Việt Nam General Department of Customs (GDC).

The service sector has reported a strong growth, thanks to the rising number of enterprises, especially in education and training, administrative operations and entertainment.

Việt Nam’s benchmark VN-Index closed down on Friday, erasing its early gain as large-cap shares were sent lower by strong investor selling.