Việt Nam News

Indochina Hội An Beach Villas Company Limited, a subsidiary of Bamboo Capital Group, broke ground on September 10 for its Malibu MGM Hội An condotel and villa project.

Ride-hailing app FastGo on Monday officially rolled out services in the central coastal city of Đà Nẵng.

Uber B.V has completed the payment of its remaining tax debts and evasion penalties worth more than VNĐ53 billion (US$2.3 million), five months after the ride hailing company ceased operations in Việt Nam, according to a tax official.

The Ministry of Transport plans to open new routes for commercial flights from nations that send tourists to Việt Nam to develop tourism into one of the country’s main economic sectors.

Total assets of Vietnamese insurance companies in the first eight months of the year surged sharply by 35.16 per cent year-on-year to nearly VNĐ365.52 trillion (US$15.55 billion), a report from the Ministry of Finance (MoF) showed.

The Việt Nam Asset Management Company (VAMC) plans to resolve at least VNĐ140 trillion (US$5.95 billion) of non-performing loans (NPLs) from now until 2020, of which VNĐ34.5 trillion will be settled this year.

Traders at the underground Sense Market at 23/9 Park in HCM City’s District 1 are worried the information that the government will evict them to reclaim green space.

Kaspersky Lab has partnered with 20th Century Fox for the launch of a promotional campaign for the movie “The Predator” in which seven winners will get a chance to go on a Hollywood FOX Tour worth more than US$8,000.

Up to 80 of the most innovative start-up firms from the ASEAN region will be featured at the World Economic Forum on ASEAN (WEF ASEAN), of which, three of the firms are from Việt Nam.

Property developer Hồ Tràm Project Company Ltd on Monday announced that it has tied up with Wyndham Hotels & Resorts, a global hotel franchisor and operator services, to manage its Ramada by Wyndham Hồ Tràm Strip.

Vietnamese agriculture and food company PAN Group JSC has finalised its private placement plan with Japanese Sojitz Corporation, which is projected to take place between now and the end of the year. 

As growth in Southeast Asia’s online economy gains pace, US property consultancy John Lang LaSalle (JLL) projects that technology companies will drive office occupancy, potentially accounting for 15-25 per cent of annual gross office leasing volumes in the next decade compared to about five to 10 per cent three years ago.

Shares on the two local bourses struggled to maintain last week’s upward trend, marking just a slight gain on Monday and experiencing strong volatility as investor caution still lingered following the latest update on China-US trade tension.

Cần Thơ city’s retail sales and services in the first eight months of the year were worth more than VNĐ80.806 trillion (US$3.46 million), a year-on-year increase of 12.91 per cent, according to its Statistical Office.

Deputy Prime Minister Trịnh Đình Dũng called on businesses to raise new solutions to boost the growth momentum of economic cooperation between the US and Việt Nam while promote entrepreuneurship and business innovation.

The application of a customs bond model would benefit the country, contributing to an increase of one per cent of the total import-export turnover according to comments by Minister and Chairman of the Government Office Mai Tiến Dũng.

The Hậu Giang Pharmaceutical Joint Stock Company (DHG) is expected to attain post-tax profit of VNĐ705 billion in 2018, up 10 per cent year-on-year, Bảo Việt Securities Company (BVSC) forecasts.

The HCM City Department of Construction found 7,360 building violations from the beginning of 2016 to the end of July after a total of 269,707 inspections.