Nutritious food sector has growth spurt
Despite the continued slowdown in the economy, Viet Nam's nutrition industry saw robust growth in the last 12 months, with local consumers still rating health as a major concern behind the economy and job security, according to a recent report from market-research company Nielsen.
SaigonCo.op joint venture opens outlet
The Saigon Co.op – FairPrice joint venture late last week opened its first Co.opXtra Plus hypermarket in HCM City's Thu Duc District.
Dong Nai set to revoke 39 project licences
The Dong Nai Department of Planning and Investment has asked the provincial authorities to revoke the licence of 39 projects worth US$2.195 billion because they have been delayed for too long. Four of these are FDI projects.
Kien Giang hot for thermal plant progress
Southern Kien Giang Province authorities are impatient with the long delay in building a huge thermal power plant in Kien Luong District.
Bank scotches currency rumours
The State Bank of Viet Nam denied speculation last week that it was preparing to adjust the exchange rate.
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
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 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
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).
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
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).

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.