Localities in the central region need to pay special attention to enhancing regional connectivity in their development policies, Prime Minister Nguyễn Xuân Phúc said at a meeting of the Council for the Central Key Economic Region in the central province of Thừa Thiên-Huế on February 15.

A Singaporean company will invest in a textile project in the Việt Nam-Singapore Industrial Park in Nghệ An Province (VSIP Nghệ An).

The Ministry of Industry and Trade will transfer State capital ownership representative rights in five enterprises to the State Capital Investment Corporation (SCIC) in the first quarter of this year.

The trip from Vũng Tàu City to Côn Đảo Island in the southern coastal province of Bà Rịa-Vũng Tàu will now take only three hours compared to the previous 13 hours of slower boats, thanks to a new high-speed boat service that began yesterday by Phú Quốc Express Joint-Stock Company.

The central city’s construction department has listed 17 commercial housing projects that allow foreigners to own homes, including eight in Sơn Trà peninsula and six in the downtown Hải Châu district.

Experts have said improving the transparency of the real estate market is critical to prevent inflated prices and ensure stable development.

Long An Province aims for a Gross Regional Domestic Product of 9.6 per cent and a GRDP per capita of VNĐ74 million (US$3,184) for 2019.

Việt Nam will officially measure the non-observed economy in 2020 to take stock of economic activity taking place unlawfully or at an unregistered household level, under a project recently approved by Prime Minister Nguyễn Xuân Phúc.

Vietnamese shares corrected from a four-day rally on strong selling pressure as investors attempted to cash out from the surging markets.