Viettel mulls ambitious expansion
Viettel mulls ambitious expansion
Leading telecom service provider Viettel said it planned to expand to developing countries in 2015."We are considering to invest in Myanmar, Kenya, Venezuela, Tanzania, Burkina Faso, Argentina, Cuba and Swaziland," said Viettel's deputy director Nguyen Van Tinh.
Investors eye up industry potential
Investors eye up industry potential
More local and foreign investors are seeking investment opportunities in the country's industrial, economic and export processing zones – underlining the need for these zones to improve their internal infrastructure.
VN encourages foreign home buyers
VN encourages foreign home buyers
Regulations on foreigners' rights to buy houses in Viet Nam could be loosened further in a bid to stimulate the domestic property market.
State Bank package fires property market
State Bank package fires property market
Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.
Central coast eyes huge tourist wave
Central coast eyes huge tourist wave
Tourism investors are hoping the central coast will become a new Phuket or Bali, and have continued to build resorts and other tourism destinations in the region despite the recession and property-market slump.
Petrol companies debate changes to stabilisation fund
Petrol companies debate changes to stabilisation fund
Petrol wholesalers yesterday gathered to make recommendations on an amended decision on fuel trading drafted by the Ministry of Industry and Trade.
Gold loses its appeal as VN bucks Asia trend
Gold loses its appeal as VN bucks Asia trend
Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC).
National stocks end two-day rally
National stocks end two-day rally
Shares fell into the red during yesterday's session on both national stock exchanges.However, according to securities specialist Quach Manh Hao, things will look brighter next month as the Vietnamese stock market will generate opportunities driven by investor psychology and cash pouring into bargain-priced shares.
Lower interest rate hoped to encourage spending
Lower interest rate hoped to encourage spending
The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story.
CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring
CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring
CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced.
Jewellery company profits down due to low gold sales
Jewellery company profits down due to low gold sales
Phu Nhuan Jewellery Co (PNJ)'s first quarter net profits fell 28.5 per cent year-on-year, reaching just VND66 billion (US$3.1 million).

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Business Insight
Viet Nam to gain from trade flow shift
Viet Nam to gain from trade flow shift

Noel Quinn, HSBC Group General Manager and Regional Head of Commercial Banking Asia Pacific recently had a visit to Viet Nam, one of HSBC's important markets.

Banking - Finance
Lending over 4 months up 2.1%
Lending over 4 months up 2.1%

The outstanding loans given by commercial banks have increased 2.11 per cent since December, according to the State Bank of Viet Nam (SBV).

Markets
National stocks end two-day rally
National stocks end two-day rally

Shares fell into the red during yesterday's session on both national stock exchanges.However, according to securities specialist Quach Manh Hao, things will look brighter next month as the Vietnamese stock market will generate opportunities driven by investor psychology and cash pouring into bargain-priced shares.

Hightlight

Tax code reforms to decipher dependents Tax code reforms to decipher dependents

People who are dependent on personal income tax payers will be given their own tax codes to avoid people lodging claims as dependents of more than one taxpayer.

Farmer-firm linkups remain elusive despite Gov't efforts Farmer-firm linkups remain elusive despite Gov't efforts

More than 10 years after the Government unveiled policies to encourage tie-ups between farmers and businesses, the proportion of farm produce sold through such contracts remains modest.

Buddha statues highlight heritage Buddha statues highlight heritage

An exhibition of Buddhist artefacts from the 11th to 20th century opened yesterday at the HCM City-based Xa Loi Pagoda.

Australian book to provide ‘limitless' inspiration Australian book to provide ‘limitless' inspiration

A book by Australian limbless victim Nick Vujicic was launched in Vietnamese yesterday.