Phú Bài int’l airport to have new passenger terminal

The Airports Corporation of Vietnam (ACV) will source about VNĐ1.7 trillion (US$74.1 million) from its development capital to build the T2 passenger terminal at Phú Bài International Airport in the central coastal province of Thừa Thiên-Huế.

SMEs urged to take advantage of FTA opportunities

Vietnamese businesses have not yet taken full advantage of the potential to create high added value with low cost in the production chain, said Deputy Regional Managing Director of the US-ASEAN Business Council in Vietnam, Vũ Tú Thành.

Banks to hike service fees this month

After two months postponing the increase in service fees for ATM cash withdrawals as required by the central bank, some commercial banks have now resumed the plan, announcing that a new service fee framework will apply from the middle of this month.

Việt Nam needs reforms for new FDI strategy

Việt Nam needs breakthrough reforms in the national foreign direct investment (FDI) approach to sustain the country’s rapid economic development, competitiveness and inclusive prosperity, according to a report launched by the International Finance Corporation (IFC) and the Ministry of Planning and Investment (MPI) yesterday.

VN stocks lose steam on late sales

Vietnamese shares fell in the last minutes of trading on Monday as selling pressure weighed down large-cap companies after they grew strongly in the last two sessions.

BSR changes to joint stock model

Bình Sơn Refining and Petrochemical Company Limited (BSR) in the central province of Quảng Ngãi officially changed to a joint stock company model on July 1, 2018.

Lào Cai proposes new airport

The People’s Committee of the northern mountainous province of Lào Cai has proposed the Ministry of Transport construct an airport in Sapa with total capital investment of nearly VNĐ5.8 trillion (US$252 million).

Vietnamese business club makes debut in RoK

The Vietnamese Business Club in the Republic of Korea (VBCK) made its debut at a ceremony in Seoul on July 7, drawing the attendance of hundreds of Vietnamese and Korean businessmen.

Bến Tre Province supports start-ups

Many small, new businesses in the Cửu Long (Mekong Delta) province of Bến Tre have grown big and started to build value chains for local products thanks to the local government’s efforts to promote entrepreneurship.

Credit institutions’ future bright

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released on Thursday by the State Bank of Việt Nam.

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