Việt Nam News

Despite the booming of logistics and e-commerce services, there is a lack of linkage between the two sectors, which might hamper their flourish, Trần Thanh Hải, deputy director of the Import-Export Department under the Ministry of Industry and Trade.

Since last year there has been a churn in the banking sector with some foreign investors selling their stakes in local banks and others buying in.

Some commercial banks appreciated the US dollar after last week’s interest rate hike by the US Federal Reserve (Fed). Experts, however, have said the exchange rate between the US dollar and Vietnamese đồng is likely to remain relatively stable throughout the year.

Saigon General Service Corporation (Savico) announced to the State Security Commission of Việt Nam and HCM City Stock Exchange that its taxi brand - ComfortDelgro Savico Taxi - has been closed to preserve funds and reengineer its taxi-related business plans.

Trường Hải Auto JSC (Thaco) inaugurated the Thaco Mazda automobile manufacturing plant, the biggest and most modern Mazda factory in Southeast Asia, in the central province of Quảng Nam on March 25 in the presence of Prime Minister Nguyễn Xuân Phúc.

Việt Nam’s benchmark VN Index touched its new all-time high on Thursday but investors aired on the side of caution over fear global stocks would move this week amid a possible global trade war.

Vietnamese shares tumbled on Friday due to a massive sell-off as investors worried about a possible trade war between the US and China that could dampen global trade and economic growth.

Condotels are becoming a hot development target in the real estate market, as international tourists flock to Việt Nam with increasing speed. Condominiums that are operated as hotels, with owners allowed to make their units available for short-term rentals, the properties are attractive for tourists and business visitors.

Việt Nam and Oman are seeking to boost co-operation to reach its full potential, heard attendants of the third meeting of the Joint Committee on Economic and Technical Co-operation (JCETC) between Việt Nam and Oman held in Hà Nội yesterday.

More and more livestock farming companies are adopting VietGap and Global Gap standards to improve their efficiency as well as ensure food safety, according to global quality certification agency Bureau Veritas.

The State will have breakthroughs in the reform of legal regulations and business investment conditions for the domestic real estate market this year, according to experts.

State Bank of Việt Nam (SBV) and South Korea’s Financial Services Commission (FSC) signed a memorandum of understanding on cooperation in the field of financial innovation in Ha Noi on Thursday.

Anphabe, a career network of management professionals, and market research firm INTAGE Vietnam on Thursday announced the list of 100 Best Places to Work in Việt Nam for last year.

Steelmaker Hòa Phát Group targets revenue of VNĐ55 trillion (US$2.4 billion) and after-tax profit of VNĐ8 trillion in 2018.

Đức Giang-Lào Cai Chemicals JSC, listed on the HCM Stock Exchange as DGL, plans to increase the limit on foreign ownership from zero to 49 per cent.

SMC Trading Investment JSC has announced it will pay 40 per cent of dividends in 2017, with 10 per cent in cash and 30 per cent in shares.

The State Bank of Việt Nam (SBV) will organise the National Fintech Day in May.

Vietnam Dairy Products Joint Stock Company (Vinamilk) and Hậu Giang Pharmaceutical Joint Stock Company (DHG Pharma) on March 22 agreed to cooperate in product research and development.