Việt Nam News

Prime Minister Nguyễn Xuân Phúc said on August 10 that Cần Thơ City has the potential to become the Mekong Delta’s IT hub and centre for high-tech logistics and agriculture.

Việt Nam’s rising usage of mobile devices and the internet has led to great opportunities for digital and online advertising, experts said at a conference on advertising yesterday (August 10) in HCM City.

Alpha King Real Estate Development on Wednesday signed up the Ascott Limited to manage Ascott The Residence, a luxury serviced residence in HCM City.

The Ministry of Planning and Investment has co-ordinated with various other ministries and agencies to create a programme to connect the country’s innovation networks.

The HCM City real estate market will be positive from now until the Lunar New Year in early 2019, according to HCM City Real Estate Association.

Saigon Co-op, the country’s leading fast-moving consumer goods retailer on August 10 opened a new Co.opmart supermarket in Tây Ninh Province’s Gò Dầu town, the 98^th Co.opmart store in the country and fourth in the province.

Novaland Group will continue to spend 80 per cent of its resources on developing housing projects.

The 13^th International Exhibition on Products and Supplies for Medical, Pharmaceutical, Hospital and Rehabilitation (Pharmed and Healthcare Viet Nam 2018) will be held next month in HCM City.

Four domestic carriers – Vietnam Airlines, Vietjet, Jetstar Pacific and the Việt Nam Air Services Company (VASCO) reported 26,578 delayed and cancelled flights, or 15 per cent of their total flights, in the first seven months of 2018.

Vietnamese shares ended Friday on a positive note, driven by financial-banking and energy sectors as confidence was boosted by news on State capital divestment from State-owned businesses.

 The Airport Services Joint Stock Corporation (ASG Corp) has filed to list 34.5 million shares on the HCM Stock Exchange (HOSE).

The Government plans not to license any more wholly foreign-owned banks in Việt Nam, instead encouraging foreign banks to buy weak domestic banks, Deputy Prime Minister Vương Đình Huệ said.

 The Government will issue a decree regulating the functions, duties, rights, and organisational structure of the State Capital Management Committee next month, said Deputy Prime Minister Vương Đình Huệ.

The Startup Base of CEO Phạm Kim Hùng completed the first round of fundraising with the participation of two large investment funds, VIISA and 500 Startups.

 The State Treasury of Việt Nam has raised a total of VNĐ96.251 trillion (US$4.13 billion) via auctions of Government bonds at the Hà Nội Stock Exchange (HNX) since the beginning of the year.

The Mỹ Xuân Housing JSC, a member of Phục Hưng Holdings, has introduced its model apartments at the Florence building project at 28 Trần Hữu Dực Street in Hà Nội’s Từ Liêm District.

Three ministries of Industry and Trade (MoIT), Agriculture and Rural Development (MARD) and Science and Technology (MoST) on Wednesday signed a co-ordination agreement on construction and management of geographical indication (GI).

Given the stock market’s recent lethargy, The State Capital Investment Corporation (SCIC) is assessing market demand to consider choosing the most efficient capital divestment options at State-owned enterprises.