Việt Nam News

Vietnam Airlines and AI EI Israel Airlines (LY) on Monday signed a memorandum of understanding (MOU) on a codeshare partnership to enhance connectivity between the two markets.

The State Securities Commission has given nod to Vinaconex’s request to lock its ceiling foreign ownership ratio at zero per cent, saying it complies with the existing regulations.

The State Bank of Việt Nam has issued a decree asking businesses to enhance customer information privacy after an alleged breach of mobile retail chain Thế Giới Di Động (Mobile World) revealed personal information of more than five million customers.

Governor of the State Bank of Việt Nam Lê Minh Hưng has urged credit institutions and foreign banks’ branches to further speed up the settlement of non-performing loans (NPLs).

A Governmental decree drafted by the transport ministry to simplify business conditions for potential investors in the aviation sector has been sent to the Prime Minister for approval.

National Assembly deputies voted to pass the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) at a meeting on Monday afternoon, making Việt Nam became the seventh country to approve the trade deal, following Australia, Japan, Mexico, Singapore, New Zealand and Canada.  Economist Võ Trí Thành speaks about the impacts of the CPTPP on Việt Nam as well as the country’s integration landscape.

 Vietnamese shares were saved on Monday despite investors’ unwillingness to buy while a strong comeback of oil prices helped lift the petroleum sector.

Agribank will sell more than 468,000 Orient Commercial Bank (OCB) shares at auction on November 29.

Việt Nam’s leading shrimp exporter Minh Phú Seafood Corporation has approved a plan to remove some of its non-core businesses to pave the way for foreign investors to buy more shares in the company.

Firms in the wood industry enjoy a great advantage with the rising preference of green lifestyles, experts said at a seminar on environmentally friendly lifestyles and wooden products in HCM City on November 12.

The Ministry of Finance on Monday transferred its ownership of State capital in the State Capital Management Corporation (SCIC) to the State Capital Management Committee.

Barcelona Port’s president Merce Conesa said she looked forward to connecting with Vietnamese businesses, especially in the field of logistics for mutual development, at a conference held on Monday in Hà Nội.

An analysis conducted by online shopping aggregator iPrice found that Việt Nam’s interest in November 11 Singles’ Day sales skyrocketed this year.

The National Assembly (NA) on Monday morning passed a resolution adjusting the middle-term public investment budget for the 2016-20 period, increasing total overseas borrowing to VNĐ360 trillion (US$16 billion) from VNĐ300 trillion.

Viet Nam has officially become the seventh member of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) after all National Assembly (NA) deputies on Monday approved a resolution on the agreement.

The SunRice Group has completed the acquisition of a rice processing mill in the Mekong Delta province of Đồng Tháp, the Australian business’ first direct financial investment in Việt Nam.

Cuba was among the top five countries attracting Vietnamese investment in the first 10 months of this year, according the Foreign Investment Agency.

Việt Nam has many opportunities to increase white-leg shrimp exports to the European Union (EU) in the future, according to the Việt Nam Association Seafood Exporters and Producers (VASEP).