Việt Nam News

Stepping into the field of technology, Vingroup has not set out goals for their own development. Nguyễn Việt Quang, vice chairman and CEO of the group, emphasised that Vingroup’s biggest aspiration is to create a favourable ecosystem to nurture tech start-ups, thereby creating breakthroughs for Việt Nam and the business community.

Bà Rịa-Vũng Tàu People’s Committee on August 28 granted a certificate of investment registration for the construction of a polypropylene (PP) plant and a liquefied petroleum gas (LPG) warehouse for South Korea’s Hyosung Corporation.

The export value of forestry products is projected to hit US$5.858 billion between January and August this year, increasing 13 per cent on year and accounting for 23 per cent of Việt Nam’s total agro-forestry-fishery exports.

Base.vn yesterday launched the Việt Nam’s first ATS (Applicant Tracking System) in HCM City.

 Vingroup co-operated with the National Payment Corporation of Việt Nam (NAPAS) to launch a promotion programme offering major reimbursements for customers who pay via NAPAS domestic cards issued by Vietnamese banks including debit, credit, prepay cards or VinID customer card. Customers can recoup up to 30 per cent of the value of their bill when shopping at Vinmart supermarket nationwide.

Despite a volatile market that caused stocks to drop in recent months, the prospects for shares in the three largest Vietnamese petrol retailers remains positive for 2018, according to Viet Capital Securities Corp (VCSC).

The HCM City People’s Committee has released a plan to boost its Provincial Competitiveness Index (PCI) as well as improve the city’s business and investment climate in 2018 and the following years.

 Nearly 10,000 members of the Vietnam Young Entrepreneurs Association (VYEA) created three million jobs in 2015 – 18, the group reported at their sixth national congress in Hà Nội on August 27.

Hà Nội’s Department of Industry and Trade will launch the Hà Nội Promotion Month 2018 on November 9th along with a vote to award the most-liked Vietnamese brands. 

Local car maker Trường Hải Auto company (THACO) will introduce the BMW X2 model in Việt Nam, just one year after the vehicle first debuted at the Los Angeles Auto Show in the US in 2017.

Retailers, electronic stores and supermarkets are offering a myriad of promotions on National Day, September 2, to attract shoppers.

The central province of Quảng Bình should consider tourism-services, high-tech agriculture and processing industry as driving forces for growth.  

The exciting movement of the market on Monday morning was extinguished by selling pressure increasing in the afternoon, affecting many large-cap stocks.

A website was launched on Monday to help consumers in Hà Nội to find information on the origin and quality of agricultural products.

Newly-formed homegrown venture capital firm Startup Viet Partners, has made its entrance into the ecosystem with a US$5 million debut fund.

The Customs Department of HCM City on Monday deployed the Vietnam Automated System for Seaport Customs Management (VASSCM) for more than 60 businesses dealing in ports, warehouses and yards in HCM City.

Thanks to cultural and cuisine similarities and geographical proximity, China has been a key market for Vietnamese farm produce for many years, but enterprises need to take a new approach in the market today, said an official.

The State Bank of Việt Nam (SBV) has required credit institutions and branches of foreign banks in the country to limit cash withdrawal at their automatic teller machines (ATMs) at night.