Travel firms’ revenues outstrip profits

Việt Nam’s tourism industry recorded a successful year with VNĐ400 trillion (US$17.6 billion) of total revenue in 2016. However, the travel companies' profits are not commensurate with their revenue, vneconomy.vn reports.

APEC App challenge to knock down trade hurdles

Eleven teams of developers from APEC member economies will be in Hà Nội from May 18 to 19 to participate in a 24-hour app challenge to build a new mobile or web solution to one or more key challenges faced by medium, small, and micro enterprise owners, who are interested in expanding their businesses through cross-border trade.

Eco-Products Int’l Fair promotes green growth

The Eco-Products International Fair 2017 (EPIF) opened at the Saigon Exhibition and Convention Centre in HCM City on Thursday with the theme “Green Technologies and Products: Actions for the Future”.

Gov’t green lights $2.5b thermal plant

Quỳnh Lập II thermal power plant will be built using the Build-Operate-Transfer (BOT) method in Đông Hồi Industrial Zone, Hoàng Mai Commune. It will produce an annual power capacity of 1200 megawatts (MW), with two reactors

Nutifood invests in Đắk Lắk hi-tech agriculture

Việt Nam Nutrition Food JSC (Nutifood) yesterday signed a cooperation agreement with the provincial People’s Committee of Đắk Lắk to invest more than VNĐ1 trillion (US$44.1 million) in high-tech agriculture.

MB, Experian sign co-operation agreement

Military Commercial Joint Stock Bank (MB) and Experian, a global information services company, on Tuesday signed an agreement for the implementation of a Credit Risk Modelling project for Basel II.

HSBC Vietnam launches Touch ID for corporate clients

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) has officially launched Touch ID, a fingerprint recognition technology enabling corporate clients to easily and securely access their accounts to view account balances and recent transactions with the HSBCnet Mobile app.

SonKim Land closes second fundraiser at $46m

Real estate developer SonKim Land Corporation has closed the first round of a follow-up fundraiser at US$46 million, out of an expected $100 million, from EXS Capital Limited.

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