Việt Nam News

After Grab’s takeover of Uber on March 26, some Vietnamese transport businesses are taking advantage of an opportunity to invest in the lucrative ride-hailing market.

The People’s Committee of the southern Province of Trà Vinh has allocated more than VNĐ2.66 trillion (US$117.7 million) to support small and medium sized enterprises (SMEs).

Việt Nam’s total revenue from retail trade and services rose 10 per cent year-on-year to exceed VNĐ1 quadrillion (US$46.57 billion) in the first quarter of this year, according to the General Statistics Office (GSO).

Việt Nam’s benchmark VN Index hit a new record-high on Monday as investors remained confident following the latest updates to the country’s Manufacturing Purchasing Managers’ Index (PMI).

Prime Minister Nguyễn Xuân Phúc has given the green light for infrastructure development worth up to VNĐ21 trillion (US$921 million) for economic zones and industrial parks in the 2016-2020 period.

The European Union Intellectual Property Office (EUIPO) has granted certification of intellectual protection to two models of sedan and SUV cars produced by VinFast Manufacturing and Trading Company Limited (VinFast).

The Việt Nam Manufacturing Purchasing Managers’ Index dropped to 51.6 in March from February’s 10-month high of 53.5, Nikkei’s IHS Markit reported on Monday.

The State Bank of Việt Nam has tightened lending regulations, prohibiting credit institutions and foreign bank branches from disbursing loans in cash, effective from April 2, according to a new circular.

Vietnam Dairy Products Joint Stock Company (Vinamilk) aims to increase its total revenue by 8.5 per cent and its post-tax profit by 4.6 per cent in 2018.

Shopping at an electronics shop on Xô Viết Nghệ Tĩnh Street, Minh Trường of Thủ Đức District said he was buying an air conditioner for his home to cope with hot weather.

The European Commission (EC) has decided to initiate a safeguard investigation concerning imports of 26 steel products to its member countries.

The central bank has instructed commercial banks to maintain credit growth in these sectors within safe limits.

Airline ticket fares for children from two to twelve years old was increased from 75 to 90 per cent of adult fares beginning April 1, according to the national carrier, Vietnam Airlines, in a message sent to its agents nationwide.

The VN- Index underwent a positive trading week with modest gains in four of five sessions last week, and is expected to keep its upward trend momentum thanks to the support of some prominent bluechips.

The General Statistics Office of Việt Nam (GSO) estimated that imports of completely built-up cars in April will likely jump in both volume and value compared to the previous month.

Bến Tre Province plans to develop its renowned Xiêm coconut exports by increasing its market value and researching farming technologies and techniques.

Construction on the Bầu Ngứ Lake Solar Power Plant was begun on Saturday in the Phước Dinh Commune, Thuận Nam District of the south-central coastal province of Ninh Thuận.

The Facebook data scandal was a wake-up call to Việt Nam’s booming internet growth as experts voiced concerns over the oft-neglected threat of personal information leak.