Phu Quoc to be economic zone
Phu Quoc to be economic zone
The Prime Minister has issued a decision on the establishment of the Phu Quoc Economic Zone, whose area totals 58,923 hectares, in the southern province of Kien Giang.
VN set to embrace mobile banking
VN set to embrace mobile banking
Most banking transactions in Viet Nam, around 80 per cent, will be one through mobile devices in the next five years, says Le Thanh Tam, CEO of International Data Group (IDG) ASEAN.
New Viber version ‘no threat' to local players
New Viber version ‘no threat' to local players
A recent update to the Vietnamese version of popular phone-app Viber would not directly impact local OTTS (Over the Top Content) mobile platforms like Zalo, Kakao Talk and Line, industry insiders predicted.
Promotions focus on city's SMEs
Promotions focus on city's SMEs
The capital city plans to launch major promotional activities to stimulate consumer demand for products from small and medium-sized businesses (SMEs).
Nation's trade deficit widens to $1.9b in first five months
Nation's trade deficit widens to $1.9b in first five months
Viet Nam continued to see its trade deficit widen for the third consecutive month in May, reflecting the recovery of domestic production.
Capital city faces tax collection difficulties
Capital city faces tax collection difficulties
Capital city authorities are facing a tax shortfall from local businesses, especially in real estate, as the country continues to battle the global economic downturn, according to the Ha Noi Taxation Department.
Little growth in bank capital, assets during first quarter
Little growth in bank capital, assets during first quarter
Assets and capital owned by lending institutions showed little progress in the first quarter, although the data in March improved significantly compared with the previous month.
Cloud security software helps protects business data
Cloud security software helps protects business data
Trend Micro, a global leader in cloud security, introduced a Worry-Free Business Security Version 8.0 in HCM City yesterday.
Da Nang to provide 400 free wifi hotspots
Da Nang to provide 400 free wifi hotspots
Da Nang is installing about 400 wifi hotpots around the city to provide free internet with the maximum of 10,000 connections at a time.
Licensed software could pay dividends for economic growth
Licensed software could pay dividends for economic growth
Property price index falls
Property price index falls
The price index for residential properties fell in Ha Noi and HCM City, according to the Savills Property Price Index released early this week.

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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
VN set to embrace mobile banking
VN set to embrace mobile banking

Most banking transactions in Viet Nam, around 80 per cent, will be one through mobile devices in the next five years, says Le Thanh Tam, CEO of International Data Group (IDG) ASEAN.

Markets
Stock market loses momentum

Shares declined for the first time this week, pulling the benchmark VN-Index down from a six-week high as investors sought quick profits on fears of a volatile market.

Hightlight

Disabled speaker inspires audience Disabled speaker inspires audience

More than 2,500 people attended a talk by Nick Vujicic, an inspirational speaker without arms and legs, at the White Palace Conference Centre in HCM City's Tan Binh District yesterday.

Crane accident leads to major power cut Crane accident leads to major power cut

A two-hour power failure caused by an incident on the 500kV north-south transmission line hindered road traffic in many southern provinces and HCM City yesterday afternoon.

Spread of hand-foot-mouth disease concerns hospitals Spread of hand-foot-mouth disease concerns hospitals

Hand-Foot-Mouth disease (HFMD) is now at its peak, having infected a total of 796 children in HCM City in April, an increase of 127 per cent against the same period last year.

US steel producers make dumping claim US steel producers make dumping claim

After welded steel pipes and steel wire garment hangers, now welded stainless pressure pipe from Viet Nam continue to face charges of dumping in the US.