$15billion projects proposed for Vân Đồn

Businesses proposed to develop three large-scale projects, expected to cost about US$10-15 billion, in Vân Đồn special economic zone during a meeting this week with Quảng Ninh’s leaders.

Agribank tackle account hack

Three out of twelve account holders at the Vietnam Bank for Agriculture and Rural Development (Agribank) had been reimbursed in full yesterday, following a series of unauthorised transactions from their accounts on Wednesday night.

Vietjet aims at 10% profit growth in 2018

In order to continue to expand domestic routes as well as the markets to North Asia region, till the end of 2017, Vietjet operated 38 domestic routes and 44 international routes connecting the cities of more than a half of the world’s population.

 

Why the Smart Money is Staying on Vietnamese Growth

Việt Nam’s explosive economic growth is attracting attention the world over, and while much further work is required, optimism for the future is more than justified, explains Brian Spence, Co-Founder of S&P Investments.

Ministry mulls auto parts tax cut

The Ministry of Finance will study, consider and report to the Government about cutting special consumption and import taxes on materials for auto parts and components manufacturers in Việt Nam.

Calls for consumer protection watchdog

With increasing demand for credit and more people taking part in financial activities, a watchdog is required to protect consumers, a workshop on protection of finance consumers heard in HCM City on April 26.

PV Power given green light on new plants

Prime Minister Nguyễn Xuân Phúc has given the go-ahead to PetroVietnam’s proposal of transferring the two gas-fuelled power plants – Nhơn Trạch 3 and 4 – to PetroVietnam Power Corporation (PV Power).

Private firms may access ODA

Private businesses can borrow capital from official development assistance (ODA) and preferential loans from foreign donors.

Shares fall on investor pessimism

Vietnamese shares nosedived on Thursday as investors remained pessimistic over the short-term market prospects while a bottom pickup near the day-end would not mean better sessions ahead for the stock market.

Vietcombank earns record high pre-tax profit

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) continued its impressive performance in the first quarter of this year, posting pre-tax profit record high of more than VNĐ4.3 trillion (US$189.4 million).

Price of cashew nuts plummet as quality declines

The price of raw cashews in Bình Phước Province has fallen from VNĐ29,000 (US$1.27) per kilo to VNĐ12,000-14,000 per kilo, mostly due to poor quality, according to Trần Thị Yến, director of Bù Gia Mập agricultural cooperative.

 

LINA Network signs MoU with three Thailand groups

Three Thailand-based agriculture groups on Wednesday signed a memorandum of understanding (MoU) with Vietnamese LINA Network to apply blockchain to make the source and quality of products transparent.

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