Japan’s Taisho Pharmaceutical Co Ltd has proposed increasing its ownership in DHG Pharmaceutical Joint Stock Company by 21.7 per cent.

The 2019 Việt Nam International Furniture and Home Accessories Fair (VIFA-EXPO 2019) opened on Wednesday at the Saigon Exhibition and Convention Centre in HCM City, with the participation of 514 local and international exhibitors.

US real estate developers are turning to a new, fast-growing source of cheap capital known as EB-5 from Việt Nam, reported the Wall Street Journal on Tuesday.

Property developer FLC Group has proposed launching three investment projects in the northernmost province of Hà Giang, according to Vice Chairman of its Board of Management, Deputy General Director Lê Thành Vinh.

Việt Nam has five billionaires with total assets of US$13.6 billion on the recently released Forbes 2019 World Billionaires list, including two newcomers.

Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on Tuesday signed a memorandum of understanding to develop new projects with CPG International, a member of Singapore’s CPG Corporation.

Vietjet is giving away 2.4 million promotional tickets priced only from zero đồng between now and Friday in a move to celebrate the upcoming International Women’s Day.

Owners of land plots who want to divide them for eventual sale have been waiting for months to hear from officials since a new regulation on land division took effect a year ago in HCM City. 

The country’s total retail sales and services revenue rose 12.2 per cent year-on-year to VNĐ793.8 trillion (US$35.2 billion) in the first two months of this year.

Petrol and oil firms should focus more on investor relation (IR) activities to improve transparency, achieve fair-valuation securities and boost corporate governance. That was the message heard at a conference held by the Việt Nam Oil and Gas Group (PVN) in Hà Nội on Tuesday.

Power prices will increase by an average of 8.36 per cent at the end of this month, said deputy minister of Industry and Trade (MoIT) Hoàng Quốc Vượng on Tuesday.

The Ministry of Transport (MOT) will sell 80.58 million shares of Viglacera Corporation, equivalent to 17.97 per cent of the company’s charter capital, in its upcoming State capital divestment this year.

The consumption of farming products is expected to face difficulties this year, with increased competition in the global market.

E-commerce is a potential goldmine for businesses over the next two years with a potential reach of US$10 billion.

But it also offers opportunities for counterfeit and smuggled goods, a conference in the north-eastern province of Quảng Ninh was warned on Monday.

The Vân Đồn economic zone (EZ) in northern Quảng Ninh Province will be developed into a dynamic economic hub with a focus on tourism development and production of high-quality products and services and an international trade centre for the region.

Though the Government plans to increase its renewable energy capacity, Việt Nam’s power industry is forecast to see a rise in coal-powered generation as the cheap and reliable source remains the most feasible option to meet the country’s rapidly rising power demands.

Shares retreated on Tuesday on the two national stock exchanges as strong selling forces increased during the session, weighing down many blue-chips.

HCM City authorities have developed plans to ensure pork supply for city residents after swine fever was detected in pigs in the northern city of Hải Phòng in late February.