The Railway Project Management Unit (PMU) has asked Engineering Procurement and Construction (EPC) to replace the contractor for the La Thành Station project for failing to meet construction safety requirements and falling short on quality and progress.

The real estate market in Việt Nam will see a growing number of property developments which offer quality living environments and amenities as developers are moving to meet the market demand amidst an improved economy.

The State Bank of Việt Nam (SBV) has requested credit institutions and foreign banks to intensify their credit quality and bad debt management and submit their bad debt handling plans.

Việt Nam’s enterprises have recently promoted their investments in new fields and new markets and also expanded their operation in traditional markets, according to the Foreign Investment Agency (FIA).

 Bangladesh and Việt Nam are seeking to develop improved financial products and logistic services to facilitate trade to reach a value of US$1 billion this year, a conference heard yesterday.

 South Korean retailer Lotte plans to open a store in HCM City’s Gò Vấp District on April 28, which will bring the total number of Lotte Mart outlets in the country to 12.

Military-owned telecom company Viettel Group’s overseas investment increased by 9 per cent last year to nearly US$1.5 billion.

Việt Nam is targeting moving to digital terrestrial television broadcasting from analog by 2020 in the entire country as per the roadmap on development of digitalisation of television.