Việt Nam News

Hanwha Aero Engines Company Limited, a member of the Republic of Korea’s Hanwha Group, inaugurated the first of three planned aviation engine parts plants in Hà Nội’s Hòa Lạc Hi-tech Park on Thursday.

Local authorities in the northern province of Phú Thọ have decided to revoke the investment licence of the Tam Nông Sport Eco-tourism Urban Area (Dream City) project due to weak capacity of the investor.

Vietcombank (VCB) has recently announced it sold a large number of Military Bank (MBB) and Eximbank (EIB) shares on the stock markets to reduce its ownership ratios at the banks to 5 per cent in each as regulated by the central bank.

Cao Phong oranges, a special fruit from the northern mountainous province of Hòa Bình, will be dessert for business class passengers on nearly 70 routes of Vietnam Airlines from Hà Nội and HCM City to Asia, Europe and Australia, and on the domestic flights between the two major cities.

ABB inaugurated its Robotics Technical and Service Centre – the first of its kind in Việt Nam – on Wednesday with the aim of serving global and local manufacturers operating in the northern region of Việt Nam.

Korean firm Doosan Heavy Industries Việt Nam (Doosan Vina) has inked Memorandums of Understanding (MoUs) with 11 local suppliers to establish Doosan Vina’s Supplier Association with the aim of sharing international expertise and networking with Vietnamese companies.

Individual customers making deposits at HDBank between December 3 and February 28 have the chance to win one kilogramme of SJC gold.

Việt Nam still needs to make more reforms to achieve sustainability in economic growth, five years after implementing Government Resolution 19 on improving the business environment and enhancing national competitiveness.

Phan Đức Hiếu, deputy director of the Central Institute for Economic Management (CIEM) spoke to Vietnam News Agency about this issue.

A global financial crisis was unlikely to happen in the next few years but Việt Nam needed to prepare itself for a slowing global economy, former Deputy Prime Minister Vũ Khoan said on Wednesday.

Vietjet plans to launch air routes to and from Vân Đồn International Airport in the northern province of Quảng Ninh in January 2019, the airline’s managing director Lưu Đức Khánh said. 

The market recorded significant variety in large caps’ prices on Wednesday, causing slight VN-Index losses.

Giant steel maker Hoa Sen Group said recently it has stopped investing in the property and tourism sectors since returns in them are below expectations.

The Saigon Beer – Alcohol Beverage Corporation (Sabeco) early this week announced that it received an official letter from the State Securities Commission dated Monday approving unrestricted foreign ownership at the largest beverage company in Việt Nam.

More than 750 enterprises from 20 countries and territories are showcasing various products and services at the 16^th Vietnam International Trade Fair that opened on Dec 5 in HCM City.

Contech Vietnam 2018, an international trade fair for construction, mining and transportation opens today at the National Exhibition Construction Centre in Hà Nội.

The Prime Minister on Monday issued guidelines on investment for the expansion of Long Sơn cement plant in the central province of Thanh Hóa.

The 18th Việt Nam-China border economic and trade fair kicked off in Hekou district of China’s Yunnan Province on Tuesday, with various products on display.

Việt Nam and South Africa have announced a target of increasing bilateral trade to US$2 billion in 2019, from $1.5 billion in 2017.