The Ministry of Planning and Investment (MPI) and the Korea International Cooperation Agency (KOICA) on Thursday held a ceremony to officially kick off a project for the development of a national investment information system for the private sector.

Taiwanese shipping company Wan Hai Lines has acquired a 20 per cent stake in Đà Nẵng Port JSC to become the new principle shareholder of the Vietnamese port.

Supplies of RON95, one of the two main types of petrol used in Việt Nam, were still sufficient, according to the Ministry of Industry and Trade following complaints raised by some distributors about shortages.

The Ministry of Finance has proposed corporate income tax (CIT) rates on small and micro businesses to be lowered from currently 20 per cent to 15-17 per cent.

HCM City’s authorities would create favourable conditions for foreign investors, including those from Canada, to invest and do business in the city, according to vice chairman of the municipal People’s Committee Lê Thanh Liêm.

FPT Digital Retail JSC (FRT) is aiming for VNĐ17.8 trillion (US$76 million) and VNĐ418 billion in net revenue and post-tax profit this year, up 16 per cent and 20 per cent year-on-year, respectively.

 Industrial parks and economic zones in the central province of Quảng Bình have attracted nearly VNĐ50 trillion (US$2.15 billion) in 122 projects in the first three months of this year, chinhphu.vn reported.

After posting a reduction last year, the Vietnamese merger and acquisition (M&A) market is expected to grow this year, fuelled by the adoption of new free trade agreements and the Government’s reforms to facilitate foreign investment. M&A expert Yee Chung Seck, partner of multinational law firm Baker & McKenzie, talks with Việt Nam News reporter Nguyễn Thu Hà about the outlook for the market in 2019.

The Ministry of Transport (MoT) has proposed the Government allow the Airport Corporation of Việt Nam (ACV) to invest in building a third passenger terminal at Tân Sơn Nhất International Airport.