Bắc Ninh attracts over US$130mn FDI

Some US$130.29 million in foreign direct investment (FDI) have been poured into new and existing projects in the northern province of Bắc Ninh since the beginning of this year.

VOF acquires stake in Ba Huân JSC

“This private equity investment is consistent with our strategy of focusing on companies operating in the sectors of the economy benefitting from strong domestic growth. Vietnamese food and beverage companies in particular have tremendous growth opportunities ahead of them as consumers spend more on high-quality and healthy products,” said Andy Ho, managing director of VOF.

 

NSRP project achieves ready for start-up milestone

Nghi Sơn Refinery and Petrochemical Limited Liability Company on Wednesday received the Ready For Start Up (RFSU) certificate for its Nghi Sơn Refinery and Petrochemical Complex Project (NSRP project).

PetroVietnam faces challenges in 2018

The rapid exhaustion of its main oil discoveries is putting the Việt Nam National Oil and Gas Group, better known as PetroVietnam, under the great pressure to attain its oil exploration and production target set for 2018.

Three SOEs to hold March IPOs

Three State-owned enterprises (SOEs) will make initial public offerings (IPOs) in March, floating VNĐ2.5 trillion (US$110 million) worth of stakes in the market in the second wave of SOEs IPOs in 2018.

Gap widens in deposit interest rates

A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status, according to analysts.

Deal inked on high pressure tech food plant

Canada’s MHEnviron Group, Việt Nam’s Minh Hưng Group and the US-based Avure Technologies signed on February 27 a memorandum of understanding to build a HPP (high pressure processing) technology food manufacturing and processing plant in Việt Nam.

Hà Nội to develop non-cash payments

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.

Gov’t funds won’t rescue loss-making projects

The Government would not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vương Đình Huệ said.

Shares up on bank stocks, oil rises

A huge purchase of banking shares in the final minutes of Tuesday’s session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.

EU gives 108m euros for Viet Nam's energy

The European Commission and the Ministry of Industry and Trade (MoIT) officially launched the European Union (EU) – Việt Nam Energy Facility worth 108 million euros on Tuesday in Hà Nội.

Việt Nam on right path to protecting intellectual property: US report

Việt Nam has taken steps towards aligning its intellectual property (IP) framework more closely with its Southeast Asian peers, according to the sixth annual International IP Index, which analyses the IP climate in 50 world economies, released yesterday (Feb 27) by the US Chamber of Commerce Global Innovation Policy Center.

Crab price highest in 5 years

The price of commercial crabs in Bạc Liêu Province as well as in other provinces in the Cửu Long Delta region has reached a record high since early this year.

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