VN imported 51,000 vehicles in H1

Việt Nam spent US$1.04 billion to import some 51,000 various vehicles in the first half of this year, according to statistics of the General Department of Việt Nam Customs.

Hậu Giang Pharmacy to remove foreign-ownership limitations

Hậu Giang Pharmaceutical Joint Stock Company (DHG) plans to raise its foreign ownership ratio cap from 49 per cent to 100 per cent, DHG leaders on Thursday released in minutes of the company’s extraordinary shareholders meeting for 2017.

DATC completes divestment in three businesses

In the first six months of 2017, Việt Nam’s Debt and Asset Trading Corporation (DATC) completed divestment of three enterprises, recovering capital worth VNĐ41.962 billion (US$1.8 million) and achieving 50 per cent of the revenue plan.

VietinBank reviews half-yearly performance

The Vietnam Bank for Industry and Trade (VietinBank) held a conference in Hà Nội on Wednesday to review its half-yearly performance and to launch tasks for the rest of 2017.

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.

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