Russia’s Sollers plans to assemble cars in VN

Russian automobile maker Sollers plans to start assembling UAZ cars in Việt Nam in 2018, said Vadim Shvetsov, director general of Sollers, at the International Industrial Trade Fair INNOPROM 2017.

Hanwha Life reports 60 per cent growth

Hanwha Life Vietnam has reported almost 60 per cent growth year-on-year in premium income to VNĐ653 billion (US$13.25 million) in the first half of this year.

Cần Thơ looks to lure more investment from Japan

The southern major city of Cần Thơ is calling for investment in infrastructure projects worth nearly US$1 billion, deputy chairman of the municipal People’s Committee Trương Quang Hoài Nam said.

Automobile sales up 5% in June: VAMA Report

The local consumption of automobiles in June 2017 was 24,365 units, up 5 per cent in comparison to May, according to a report by the Vietnam Automobiles Manufacturers’ Association (VAMA).

HDBank opens branches in northern mountains

The HCM City Development Joint Stock Commercial Bank, or HDBank, on July 7 opened a new branch at 11 Dây Thép zone in Lạng Sơn Province’s Đồng Đăng town, its total 230th transaction point.

NPC signs VNĐ515 billion loan

 Northern Power Corporation, under Electricity of Việt Nam (EVN NPC), signed a syndicated loan agreement worth VNĐ515 billion (US$22.7 million) last week for the period of seven years.

PNJ profit jumps 54 per cent in first half

Phú Nhuận Jewelry Joint-Stock Company achieved a pre-tax profit of VNĐ471 billion (US$20.7 million) in the first half of the year, up 54 per cent over the same period last year to meet over 62 per cent of its 2017 plan.

Long An pledges help for Taiwan firms

 Long An Province will direct relevant agencies to remove bottlenecks for businesses, including those from Taiwan, Trần Văn Cần, Chairman of the provincial People’s Committee said at a dialogue with Taiwanese enterprises last week.

Mini Thailand Week in Cần Thơ city

The Mini Thailand Week 2017 opened in Cần Thơ city yesterday, allowing people in the southwestern region to try Thai businesses’ products and services.

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