The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to incentivise lower consumption.

Sand exports are continuing to increase though there is not enough sand for the domestic market, and many traders are taking advantage to push up prices and make a killing, the HCM City Department of Construction said.

The Việt Nam Internet Forum 2017 (VIF17) will take place in two days at Hà Nội Museum on November 27-28.

With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10 per cent growth predicted by the Vietnam Automobile Manufacturers’ Association (VAMA).

Vietnamese leather and footwear exporters must comply with the EU-Việt Nam free trade agreement’s rules of origin and be prepared to deal with EU barriers and anti-dumping measures, speakers said at a seminar held yesterday in HCM City.

Bến Tre Aquaproduct Import and Export JSC (ABT) has completed the purchase of nearly 7.84 million shares, equal to 20.1 per cent of voting rights in Sao Ta Foods JSC (FMC), making the latter an affiliate company of Bến Tre Aquaproduct.

Mai Linh Group recently announced that its motorbike taxi services, called M.Bike, will officially be launched starting from November 20.

CapitaLand has acquired a 1.45ha site in District 4 which will be developed into an 870-unit residential development worth a total of US$177 million, the real estate company announced without disclosing the deal value.

Việt Nam’s telecom infrastructure gives it a good foundation for developing business models based on digital connections, vital for success in the fourth industrial revolution, Deputy Prime Minister Vương Đình Huệ said yesterday.