Vietjet, VNAT seal co-operation deal

Vietjet will enhance its co-operation with the Việt Nam National Administration of Tourism (VNAT) following a Memorandum of Understanding (MoU) inked between the two companies on Thursday.

Investment information system project kicked off

The Ministry of Planning and Investment (MPI) and the Korea International Cooperation Agency (KOICA) on Thursday held a ceremony to officially kick off a project for the development of a national investment information system for the private sector.

RON95 petrol supply sufficient: Ministry

Supplies of RON95, one of the two main types of petrol used in Việt Nam, were still sufficient, according to the Ministry of Industry and Trade following complaints raised by some distributors about shortages.

Ministry proposes lowering CIT for SMEs

The Ministry of Finance has proposed corporate income tax (CIT) rates on small and micro businesses to be lowered from currently 20 per cent to 15-17 per cent.

HCM City looks to attract more Canadian investment

HCM City’s authorities would create favourable conditions for foreign investors, including those from Canada, to invest and do business in the city, according to vice chairman of the municipal People’s Committee Lê Thanh Liêm.

FPT Retail forecasts 2019 profit up 20 per cent

FPT Digital Retail JSC (FRT) is aiming for VNĐ17.8 trillion (US$76 million) and VNĐ418 billion in net revenue and post-tax profit this year, up 16 per cent and 20 per cent year-on-year, respectively.

 

Upbeat outlook for Việt Nam’s M&A market in 2019

After posting a reduction last year, the Vietnamese merger and acquisition (M&A) market is expected to grow this year, fuelled by the adoption of new free trade agreements and the Government’s reforms to facilitate foreign investment. M&A expert Yee Chung Seck, partner of multinational law firm Baker & McKenzie, talks with Việt Nam News reporter Nguyễn Thu Hà about the outlook for the market in 2019.

HCMC seeks PPP in healthcare

Public-Private Partnerships (PPP) will fail if the private and public partners do not share both risks and successes, Ousmane Dione, the Việt Nam director of the World Bank, said at an international workshop held in HCM City on Wednesday.

Saigon Co.op eyes 1,000 outlets

The Saigon Union of Trading Co-operatives (Saigon Co.op) has set a target of having 1,000 outlets by the end of this year.

Unprofitable State projects show signs of recovery

The Ministry of Industry and Trade (MoIT) has reported some positive signs in the handling of 12 major State-owned projects that have long reported losses, as some have managed to resume operations after suspensions or even record profits.

International Maritime Expo opens in HCM City

More than 200 domestic and international companies and brands are showcasing all aspects of shipbuilding, marine services and engineering, marine equipment, and port and supply chain management solutions at the 7th International Maritime Expo that opened in HCM City on Wednesday.

MB Securities sees profit up 78 per cent

MB Securities Corp’s (MBS) hopes to earn revenue and pre-tax profit of VNĐ1.17 trillion (US$50 million) and VNĐ360 billion in 2019, up by 11 per cent and 78 per cent year-on-year, respectively.

 

Chatbot in FB draws strategic investors

The first strategic start-up investment deal in promoting a chatbot application in food & beverage (F&B), GonJOY, was signed on Tuesday between EM AND AI joint-stock company and an investor from Spain worth US$500,000.

IFC helps boost lending to SMEs

 The World Bank's International Finance Corporation (IFC) and Orient Commercial Bank (OCB) on Wednesday signed a cooperation agreement on a US$100 million credit package and a consultancy programme to promote supply chain financing.

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