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Rising credit interest rates pile pressure on businesses, retail borrowers

Vingroup Chairman listed among world’s 50 theme park influencers

Chairman of Vingroup Phạm Nhật Vượng has been named among the top 50 theme park influencers in the world for his innovation and creativity in the global theme park industry in 2019.

PNJ signs deal with Walt Disney to use its images

Phú Nhuận Jewelry JSC has announced a tie-up with Walt Disney, one of the world’s largest media and entertainment companies, which gives it the right to use that company’s images.

Pottery trade to recognise brand ownership

The central province will recognise the brand ownership for the pottery craft of Phổ Khánh Commune in Đức Phổ District in order to promote the preservation of the centuries-old trade.

Businesses of Việt Nam and Indonesia seek co-operation opportunities

Over 100 businesses from Việt Nam and Indonesia on Thursday met at a seminar in Jakarta, Indonesia to seek co-operation in the fields of trade, industry and investment.

Vietnam Airlines to launch Hà Nội-Macau route next month

Vietnam Airlines will open a new air route connecting Hà Nội and Macau (China) on December 15, 2019.

FPT Software opens office complex in HCM City tech park

FPT Software Co., Ltd on Wednesday inaugurated its F-Town 3 office complex at the Saigon Hi-Tech Park in HCM City’s District 9, its sixth campus in the country.

Wood Mackenzie: Việt Nam becomes Southeast Asia’s hottest solar PV market

Việt Nam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region, Wood Mackenzie said in its statement.

Insurance companies need more high-tech products

Insurance companies should use more electronic transactions and take advantage of high-tech produts to better compete in the market, a government official said yesterday in HCM City

Open-end funds expect stronger performances in 2020

The strong increase of the number of fund accounts prove investors are becoming more interested in open-end funds’ products and services.

The PAN Group showcases big range of products at Vietnam Foodexpo

The PAN Group is showcasing various agricultural, packaged food and seafood products at the 2019 Vietnam International Food Industry Exhibition (Vietnam Foodexpo) that opened in HCM City on Wednesday (November 13).

Việt Nam Sport Show 2019 takes place in the capital

The Việt Nam Sport Show 2019 kicked off in Hà Nội on Thursday, featuring the most outstanding and advanced-technology sports products of 150 domestic and foreign exhibitors.

Shares retreat on profit-taking

Vietnamese shares ended in negative territory as large-cap stocks continued to suffer from an increase in investors’ profit-taking.

VN food processing industry offers excellent investment opportunity

Việt Nam will continue to solicit investment in food processing to add value to the industry, a conference heard in HCM City yesterday (November 14).

City ensures supply of essential goods for Tết

HCM City authorities are working with local businesses to ensure supply of essential goods under the city’s market stabilisation programme for the Tết (Lunar New Year) holiday.

MoIT concerned over potential electricity shortages

In a report sent to the Government and the National Assembly, Anh’s ministry said extreme weather conditions have left many hydropower plants without enough water to produce electricity.

Matsumoto Kiyoshi establishes joint venture in VN

Matsumoto Kiyoshi Holding Company on Wednesday approved the establishment of a joint venture in Việt Nam to develop and operate the chain of ‘MatsuKiyo’ pharmaceutical and cosmetic stores in Việt Nam.

State Bank warns of NPLs from transport projects

The State Bank of Việt Nam has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer and Build-Transfer transport projects.

Cost for first metro line to be cut by $146m

Investment for the city’s first metro line between Bến Thành Market in District 1 and Suối Tiên Theme Park in District 9 will be reduced by VNĐ3.4 trillion (US$146.8 million).

Toyoda Gosei Co plans $16.8m investment in new airbag factory in VN

Japanese auto parts maker Toyoda Gosei Co has announced it would invest an additional 1.8 billion yen (US$16.8 million) to build a new airbag factory in Thái Bình Province to increase production capacity in Việt Nam to meet rising global demand.

Conference calls for VN-Dutch tie-up in hi-tech agriculture

The Netherlands and Việt Nam are natural partners in agriculture, especially hi-tech agriculture, since they have complementary strengths, experts told a conference in HCM City yesterday.