Small banks struggle to meet Basel II deadline

Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.

Masan Consumer looks beyond F&B, offers to buy 60% stakes of Net Detergent

Masan Consumer Corporation (HNX-UPCoM: MCH) said on December 24 that Masan HPC, a newly established home and personal care subsidiary, has made an offer to buy up to 60 per cent stakes in Net Detergent JSC at a price of VNĐ48,000 (US$2.06) per share, valuing it at $46 million and a price-earnings multiple of 19x.

VN to host global ICT event

ITU Digital World, a global platform for accelerating information and communications technology (ICT) innovations, will take place in Hà Nội from September 6 to 9.

FPT, Minh Phú sign deal for digital transformation

IT giant FPT Corporation and Minh Phú Seafood Corporation, the country’s largest seafood company, signed a strategic agreement and digital transformation consultancy contract in HCM City on December 24.

Vietjet commences HCM City-Pattaya route

In order to celebrate the new route during the festive season, super-saving tickets priced from just zero dollars are being given away between today and next Tuesday.

PM urges firms to highlight difficulties

Prime Minister Nguyễn Xuân Phúc has urged local firms to point out the difficulties their operations were facing, pledging the Government’s continued efforts to improve the business climate and stimulate business development.

Large livestock firms should control pork prices

Large livestock enterprises should keep pork prices in check despite limited supplies on the domestic market due to African swine flu, said Minister of Agriculture and Rural Development Nguyễn Xuân Cường on Sunday.

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