Việt Nam News

The Saigon Hanoi Commercial Joint Stock Bank (SHB) recently announced that it will launch a VNĐ2.5 trillion (US$109.9 million) credit package with preferential interest rate from 6.5 per cent per year for small- and medium-sized enterprises (SMEs).

The world’s oldest watchmaker, Vacheron Constantin, has opened a brand new space in Hà Nội, in partnership with the Hà Nội-based exclusive distributor Tamson International.

Nguyễn Cảnh Vinh will take charge as the new general director of the Southeast Asia Joint Stock Commercial Bank (SeABank) from September 25.

KIDO Foods (KDF), the frozen foods subsidiary of KIDO Group, has obtained approval from the Hà Nội Stock Exchange (HNX) to trade 56 million shares on the Unlisted Public Company Market (UPCoM) under stock code KDF.

Việt Cường Medical Investment Ltd and Siemens Healthineers last week signed an equipment supply and service contract for the Stroke International Services (SIS) Cần Thơ project in HCM City.

“With this new office, we show our commitment to investing in Việt Nam to support the country’s socio-economic development by providing our products and services and creating high-skilled jobs. We grow with the country’s growth,” Okay Barutcu, Asia Pacific Regional Managing Director of Grundfos, said.

Thailand’s Nawaplastic Industries (Saraburi) Company Limited will offload its entire stake of 21.27 million shares in Tiền Phong Plastic JSC (NTP).

Aeon Mall Việt Nam’s US$180 million shopping centre in this northern port city is expected to begin operations by 2020, said the general director of the company, Iwamura Yasutsugu.

German company Bosch and the Standing Office of National Traffic Safety Committee yesterday signed a memorandum of understanding for co-operation in traffic- and vehicle-safety research.

The Hanoi Stock Exchange has allowed the Machinery Spare Parts No.1 Joint Stock Company (Futu 1) to trade 7,079,853 shares on UpCOM under the code of FT1.

National carrier Vietnam Airlines (VNA) will re-open flights between Hà Nội and Tuy Hòa in the central coast province of Phú Yên, with a frequency of four flights per week from October 1.

Facebook has launched #SheMeansBusiness in Việt Nam, an initiative that celebrates and empowers women entrepreneurs across the country, at a ceremony on Wednesday in Hà Nội.

Việt Nam spent US$24.12 billion importing machines, equipment, tools and spare parts in the first eight months of this year, marking a year-on-year increase of 33 per cent.

Việt Nam rose five places to the sixth position in the A.T. Kearney’s 2017 Global Service Location Index (GSLI). This is the highest ranking for Việt Nam ever, which also for the first time, since 2003, entered the top 10 of the index.

HATCH! FAIR, an international startup conference, will return to the three cities of Hà Nội, HCM City and Đà Nẵng, the event’s organiser said on Tuesday.

The Việt Nam Medical Equipment Corporation (VINAMED) has acquired the Medical Plastic Joint Stock Company in an all-stock deal.

Mercedes-Benz Vietnam is issuing a recall to the owners of 1,234 vehicles of various models in Việt Nam to fix faulty power systems and the electrical connection to the electro-hydraulic power steering (EHPS).

Starting November 24, Vietjet will begin operations on a new international route connecting HCM City with Phnom Penh (Cambodia), airline officials said on Monday.