Government mulls safeguards to protect domestic carmakers

Deputy Prime Minister Trịnh Đình Dũng has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.

Nguyễn Kim opens two new stores

Giant electronics and household products retailer Nguyễn Kim last week opened two new stores in Đồng Nai Province’s Biên Hòa City and Bình Dương Province’s Thuận An Town, taking its total number of outlets around the country to 40.

Honda Vietnam recalls 1,355 cars

Honda Vietnam is recalling 1,355 cars to repair and replace air bag inflators of models Honda Civic, Honda CR-V and Honda Accord, according to the Vietnam Competition Authority.

South Korea interested in Long Thành airport development

Việt Nam’s Ministry of Transport (MoT) and South Korea’s Ministry of Land, Infrastructure and Transport (MoLIT) on Wednesday signed a Memorandum of Understanding (MoU) to promote bilateral cooperation in the railway sector.

BSR celebrates 10m safe working hours

Bình Sơn Refining and Petrochemical Co Ltd (BSR), which manages and operates Dung Quất oil refinery, has crossed the 10 million safe working hours milestone.

Vietbuild Hà Nội 2017 kicks off

Vietbuild Hà Nội 2017, the annual exhibition on housing, home decoration and household appliances, opened its door on Wednesday at National Exhibition Construction Centre.

With 6 more listings, UPCoM crosses 500

Six companies debuted their shares on the Unlisted Public Company Market (UPCoM) on Thursday, with a total of 495.6 million shares listed on the exchange worth nearly VNĐ5 trillion (US$219.3 million).

Đà Nẵng inks first deal in Open Source Software education

Japan’s Linux Professional Institute (JPI), Evolable Asia company and Đà Nẵng-based Đông Á College have agreed on co-operation in information technology (IT) human resource training and education transfer of Open Source Software and internet security programmes in the central city.

New balm production line built in Đà Nẵng

The central city’s Đà Nẵng Pharmaceutical joint-stock company (Danapha) has invested VNĐ80 billion (nearly US$3.5 million) to set up production line of the Golden Star Balm product for exporting to Russia and East European market.

Hà Nội hosts VietAd and VPSE 2017

The 8th Việt Nam International Advertising Equipment and Technology Exhibition (VietAd), the premier event of the country’s advertising industry, opened on Wednesday at the Hà Nội International Exhibition Center. This year it is being held for the first time in conjunction with the Việt Nam International Packing and Label Printing Exhibition (VPSE).

BIDV offers loan for high-tech farming

The Bank for Investment and Development of Việt Nam (BIDV) will offer preferential loans up to a total of VNĐ10 trillion (US$439 million) this year to support high-tech agricultural businesses.

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