Cement consumption on the rise
In spite of continuing economic difficulties, cement and clinker consumption next year will reach roughly 71 million to 73 million tonnes, a four- to seven-per cent year-on-year increase.
Japanese firm to expand Duyen Hai power plant
Power Generation Company 1 (GENCO 1), part of the Electricity of Viet Nam Group, signed a deal with Japan's Sumitomo Corporation on Tuesday to expand Duyen Hai 3 thermal power plant.
Food producers urged to add value
Enterprises in the food industry should focus more on improving production technologies to create products with added value, delegates said at a conference in HCM City yesterday.
New system to heighten safety for depositors
The Deposit Insurance of Viet Nam (DIV) and FPT Information System Company Ltd. (FPT IS) yesterday agreed to install a new information and communications system to tighten security for depositors.
Local companies focus on brand evaluation
Brand evaluation is now a top concern of many Vietnamese businesses, especially as more merger and acquisitions (M&A) occur, Vu Thu Hang, deputy director of HCM Ctiy branch's Viet Nam Chamber of Commerce and Industry, said at a seminar held yesterday in HCM City.
Viet Nam enjoys surge in international arrivals
More than 7.2 million foreign visitors arrived in Viet Nam in the first 11 months of this year, surging 5.4 per cent year-on-year, according to the General Statistics Office (GSO).
Stocks slump under heavy sell-offs
Stocks unexpectedly tumbled yesterday afternoon under heavy selling on both blue chips and speculative shares, despite positive performances in the morning.
Synthetic fiber manufacturer to hold IPO
Century Synthetic Fiber Corporation plans to make its initial public offering (IPO) of shares on December 9 and get listed at the HCM City Stock Exchange after that.
City to host Viet Nam Expo 2014
Over 400 businesses will showcase their products at the Viet Nam Expo 2014, which opens on December 3 in HCM City.
New coffee roasting plant opens
Italian beverage group Massimo Zanetti on Tuesday opened its first coffee roasting plant in Viet Nam, with its products to hit the market – both domestic and export – next month.
Sharp rise in Visa transactions
Visa's online transactions increased by 52 per cent year-on-year in the nine-month period between September 2013 and June this year, with online shoppers using their Visa debit cards more than ever to make purchases, said a company official.
Preference for dollar loans boosts credit growth
Preference for dollar loans boosts credit growth

Companies prefer borrowing in foreign currency than the dong, with banks' foreign currency credit growth topping 20 per cent as of October.

Improvements needed to local business environment
Improvements needed to local business environment

This year, Viet Nam ranked 78th among 189 countries in the world for ease of doing business, lower than its 72nd rank in 2013, said the World Bank's recent report.

Highlight

Singaporeans unite to help scammed Vietnamese tourist Singaporeans unite to help scammed Vietnamese tourist

The assistance that Singaporeans gave a Vietnamese tourist who was scammed when he bought an iPhone 6 in Singapore has earned much attention and applause from Vietnamese newspapers and netizens.

Old apartments remain in state of disrepair Old apartments remain in state of disrepair

There are more than 1,500 old apartment buildings at risk of collapse across Viet Nam, but in the last decade, only five per cent were rebuilt.

Province backs cable car to cave 2    Province backs cable car to cave

Authorities in central Quang Binh Province have given the go ahead for a highly controversial cable car system connecting various sites in the Phong Nha-Ke Bang National Park to the world's biggest cave, Son Doong.

Edward Scissorhands among free outdoor films Edward Scissorhands among free outdoor films

Saigon Outcast will hold two free Thursday outdoor film screenings this month.

Tax not the solution to online gaming issue 1    Tax not the solution to online gaming issue

A 10 per cent tax on the online gaming industry recently proposed by the Ministry of Finance aims to address the connection between the increase in gaming addiction and game-related crimes among youngsters by charging them more to fuel their addiction.