Việt Nam News

Pharmaceutical company Pfizer announced on Thursday it has signed a deal with Medochemie to transfer technology to manufacture its innovative medicines in Việt Nam.

Việt Nam’s real estate market will see strong development in the middle-end apartment segment, according to experts.

Việt Nam’s cashew sector targets exports of 350,000 tonnes this year, 10 per cent lower than last year, according to the Việt Nam Cashew Association (Vinacas).

Logistics fees in Việt Nam account for nearly 21 percent of the country’s Gross Domestic Product (GDP), with transport making up 60 percent of the figure, twice as much as some developed economies.

For Việt Nam to reach its goals set out in its 2016-2020 plan, robust economic growth will be needed for the next two years, experts have said.

The Airports Corporation of Việt Nam (ACV) has sent a proposal to the Ministry of Transport (MoT) to build the passenger terminal (T3) at Tân Sơn Nhất International Airport with a total investment of VNĐ11.4 trillion (US$487.2 million).

Vietnamese shares gained ground on Friday as investors continued looking for opportunities in firms with high chance of better-than-expected earnings reports while improved sentiment on global markets provided some support.

New-age carrier Vietjet launched a service connecting Hà Nội and Tokyo on Friday.

The Bank for Investment and Development of Việt Nam (BIDV), one of the largest in the country, was named the Best Retail Bank in Việt Nam at The Asian Banker Việt Nam Country Awards.

Viettel again took first position in the list of the top 50 most valuable brands in Việt Nam in 2018 with a value of more than US$3.1 billion, increasing 24 per cent from the previous year.

The brewer will also contribute above VNĐ5 trillion ($215 million) to the State budget, Habeco’s General Director Ngô Quế Lâm said at the conference to review the company’s performance in 2018 and outline tasks for 2019 in Hà Nội this week.

The total value of outstanding loans and investment capital among Hà Nội-based credit institutions in 2018 surged by 16.92 per cent against the previous year to VNĐ1,870 trillion (US$80.26 billion), the State Bank of Việt Nam (SBV)’s Hà Nội branch reported.

Vietnamese e-commerce platforms Tiki, Thegioididong and Sendo were named among ten most visited sites in Southeast Asia by price comparison website iPrice Group.

Bamboo Airways, the fifth airline to launch in Việt Nam, would start selling tickets from 12pm on Saturday, Vice President Dương Thị Mai Hoa said on Thursday.

Việt Nam exported more than 1.8 million tonnes of coffee worth US$3.54 billion in 2018, marking year-on-year rises of 20 per cent and 1.2 per cent respectively.

Thành Thành Công One-Member Company Limited, a member of Thành Thành Công Corporation, plans to ship 1,000 tonnes of molasses to Australia’s Queensland this month, which is dealing with ongoing drought.

Vietnam Nutrition Food JSC (NutiFood) and Japanese beverage group Asahi, the owner of baby food brand Wakodo, on Thursday announced the establishment of a joint venture, aiming to bring nutritional products for children that meet Japanese standards to the Vietnamese market.

The central province of Quảng Nam granted 26 new foreign direct investment (FDI) projects with total capital of nearly US$300 million in 2018, bringing the total number of FDI projects in the province to 169, worth $5.8 billion.