Government mulls tightening foreign bank laws

Experts have agreed with the Government’s plan to restrict or even stop licensing wholly foreign-owned banks in Việt Nam, saying it was necessary to help increase the stability of the domestic banking system.

Start-up Day showcases business models

Vietnamese and foreign businesses and individuals running more than 200 start-up models will present their innovative products and services at the 2018 Start-up Day between August 24 and 25 in HCM City.

Forum calls on VN supporting industries to get a move on

Businesses in supporting industries need to further improve their functioning and establish close ties with each other and official agencies to enter multinational supply chains, delegates told a forum in HCM City yesterday.

Euro Auto faces trade fraud fines

The Ministry of Finance plans to fine Euro Auto JSC, the former official BMW importer in Việt Nam, for trade fraud and issuing false invoices to the customs department.

VN stocks up for sixth straight day

Vietnamese shares gained steadily on Thursday, driven by financial-banking, real estate and energy sectors, but depleting liquidity showed risks of a bull-trap market.

Vingroup raises $400m from Hanwha Asset share deal

Real estate and retail conglomerate Vingroup has raised VNĐ9.32 trillion (US$400 million) from issuing 84 million convertible dividend preference shares to Hanwha Assset Management, an affiliate of the South Korean conglomerate Hanwha Group.

Viglacera eyes stake cuts in sub-units

State-owned glass and ceramics producer Viglacera has announced it aims to complete selling stakes in several of its subsidiaries by the end of this year.

VN products on display in Thailand for third year

Many Vietnamese products with high export potential are being displayed at the ‘Vietnamese Goods and Tourism Week in Thailand 2018’, which officially opened on August 22 in Bangkok, Thailand.

Korea, VN firms discuss linking up

Executives from 11 Korean companies met their Vietnamese counterparts at the 2018 Việt Nam-Korea Technology Venture Matching held in HCM City yesterday to exchange information and explore business opportunities.

It’s tech time for local companies

The application of modern digital technologies would help local firms increase productivity, reducing costs and risks, especially in the Fourth Industrial Revolution.

VN stocks continue rallying

Vietnamese shares advanced on Wednesday despite investors’ profit-taking as overall market sentiment remained positive about the possibility of resolving China-US trade tensions.

Plan to expand Điện Biên Airport

Deputy Prime Minister Trịnh Đình Dũng has assigned the People’s Committee of the northern province of Điện Biên to oversee the investment and construction of Điện Biên Airport.

Six South Korean firms invest in Quảng Ngãi

Six enterprises from the Republic of Korea on Wednesday officially held a groundbreaking ceremony at the Dung Quất Economic Zone and received investment certificates from the central province of Quảng Ngãi.

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