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December, 11, 2016

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Business > Asia > Vietnam
Tourism boom threatens once-remote peaks of Vietnam's Sapa
At the top of Vietnam's Fansipan Mountain, throngs of giddy tourists wielding selfie sticks jostle for a photo op on the once-remote peak in the Sapa region, famed for its breathtaking views across undulating rice terraces.
 
Vietnam carriers splurge US$6.5 bil. on new jets
Vietnam airlines bought 40 airplanes worth US$6.5 billion from France's Airbus Tuesday, as President Francois Hollande visited the communist nation to drum up business ties with one of Southeast Asia's fastest-growing economies.
 
The M&A trend is gaining popularity because foreign retailers provide the benefit of experience in management, operations, expansion and development of a distribution system, thus reducing the pressure of competition.
 
State price management agencies in Vietnam will face many challenges in the second half of the year if they are to meet the National Assembly's (NA) target of keeping inflation under 5 percent, experts said at a conference held yesterday.
 
Hanoi targets no private vehicles by 2025
The Vietnam authorities are investing in transportation projects as part of the plan to reduce congestion in Hanoi.
 
Hard to beet
A vendor sits atop her stand of vegetables -- coming in colors white, green, red, yellow, and brown -- at a market in Hanoi, Vietnam on Friday, June 3.
 
Vietnamese budget airline VietJet, famed for its bikini-clad air hostesses, has agreed to buy 100 passenger jets from U.S. aircraft maker Boeing for US$11.3 billion, the airline said Monday, in a deal signed in front of U.S. President Barack Obama in Hanoi.
 
The government has announced it will launch proactive approaches to attract foreign investment to Laos, particularly to the special and specific economic zones (SEZs).
 
Vietnam sees reform chances, labor challenges in TPP
After organizing communist Vietnam's first peaceful mass strike at a shoe factory, labor activist Do Thi Minh Hanh was arrested, beaten bloody by police, and jailed for four years.
 
Vietnam economy grows at highest rate in 5 years
Vietnam's economy in 2015 grew at its fastest pace in five years, official figures showed Saturday, shaking off regional economic worries with strong exports, record foreign investment and buoyant domestic consumption.
 
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