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.

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).

Super express delivery service debut in Đà Nẵng

SWIFT247, an express service start-up, in co-operation with budget VietJetAir and Grab, now offers a quick delivery service connecting air and road transportation to customers in the central city after debuting in HCM City and Hà Nội.

E-commerce key area of the digital economy, says expert

The Ministry of Industry and Trade (MoIT) is building infrastructure for the national digital transformation process, focusing on smart manufacturing and smart energy, to develop the digital economy. Head of the MoIT’s E-Commerce and Digital Economy Department Đặng Hoàng Hải speaks with Vietnam News Agency about the ministry’s action plan in this area.

VCCI and UNDP promote business integrity in Việt Nam

Combatting corruption was a big challenge for small and medium-sized enterprises in many countries, especially in Việt Nam where 98-99 per cent of enterprises fell into that bracket, said Vũ Tiến Lộc, president of Việt Nam Chamber of Commerce and Industry (VCCI), at a workshop in Hà Nội on Wednesday.

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