Hanwha Aero Engines Company Limited, a member of the Republic of Korea’s Hanwha Group, inaugurated the first of three planned aviation engine parts plants in Hà Nội’s Hòa Lạc Hi-tech Park on Thursday.

Local authorities in the northern province of Phú Thọ have decided to revoke the investment licence of the Tam Nông Sport Eco-tourism Urban Area (Dream City) project due to weak capacity of the investor.

Vietcombank (VCB) has recently announced it sold a large number of Military Bank (MBB) and Eximbank (EIB) shares on the stock markets to reduce its ownership ratios at the banks to 5 per cent in each as regulated by the central bank.

Cao Phong oranges, a special fruit from the northern mountainous province of Hòa Bình, will be dessert for business class passengers on nearly 70 routes of Vietnam Airlines from Hà Nội and HCM City to Asia, Europe and Australia, and on the domestic flights between the two major cities.

ABB inaugurated its Robotics Technical and Service Centre – the first of its kind in Việt Nam – on Wednesday with the aim of serving global and local manufacturers operating in the northern region of Việt Nam.

Korean firm Doosan Heavy Industries Việt Nam (Doosan Vina) has inked Memorandums of Understanding (MoUs) with 11 local suppliers to establish Doosan Vina’s Supplier Association with the aim of sharing international expertise and networking with Vietnamese companies.

Individual customers making deposits at HDBank between December 3 and February 28 have the chance to win one kilogramme of SJC gold.

Việt Nam still needs to make more reforms to achieve sustainability in economic growth, five years after implementing Government Resolution 19 on improving the business environment and enhancing national competitiveness.

Phan Đức Hiếu, deputy director of the Central Institute for Economic Management (CIEM) spoke to Vietnam News Agency about this issue.

A global financial crisis was unlikely to happen in the next few years but Việt Nam needed to prepare itself for a slowing global economy, former Deputy Prime Minister Vũ Khoan said on Wednesday.