Việt Nam News

Việt Nam’s Lilama Corporation has signed a contract to manufacture and install mechanical equipment for a fertiliser plant in Brunei.

Việt Nam’s budget carrier Vietjet Air has transferred its flight operations from Terminal T2 to Terminal T1 of Myanmar’s Yangon International Airport in order to meet the airport’s renovation requirements.

Siemens has won a contract to supply electrical equipment for the country’s largest solar plant, which is being developed by Trung Nam Group in the south central province of Ninh Thuận.

A Vietnamese company has won a bid to export 60,000 tonnes of Japonica brown rice to South Korea, defeating competition from rivals of China, Thailand and Australia.

 Suppliers of foods to pre-schools in HCM City are scrambling to join food distribution chains due to fears that unattached sellers would have their contracts terminated.

In the last 20 years Việt Nam has switched from being an agricultural economy to one of the brightest manufacturing hotspots in South East Asia, according to the latest report from Jones Lang LaSalle.

The southernmost province of Cà Mau will expand trade promotion activities in the second half of the year, with shrimp as its key export.

HCMC Securities Corporation (HSC) reported VNĐ325 billion in pre-tax profit in the first quarter of this year, a year-on-year increase of 250 per cent.

Though Vietnamese shares bounced back strongly in the last two sessions of last week, analysts and brokerage firms remained skeptical that the stock market had actually overcome a difficult period and begun its consolidation.

Housing Development Bank (HD Bank) has unveiled a preferential loan package at 6.3 per cent interest meant for customers borrowing on their credit card with a limit of VNĐ300 million (US$13,016).

The HCM City’s District 1 Tax Department has sent instructions to banks to seize VNĐ148 billion (US$6.46 billion) from Nguyen Kim Joint-Stock Company for back taxes and fines the company owes.

A host of investment opportunities awaits developers in HCM City where authorities plan to develop underground spaces.

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods are the biggest challenges to FMCG producers, according to a new report released by consumer and retail research company Kantar Worldpanel.

A visiting delegation of 30 executives from Indian leather companies have met with their Vietnamese counterparts in HCM City.

To sell their products to foreign distribution channels, Vietnamese businesses need to pay more attention to product design, quality assurance and after-sales services, speakers said at a training workshop held in HCM City yesterday.

Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90 per cent of the US-based tech advisory firm Intellinet Consulting (Intellinet).

High-tech agricultural methods used in the Cửu Long (Mekong) Delta will require highly skilled human resources to take full advantage of cutting-edge technologies, speakers said on July 13 at a seminar held in Cần Thơ. 

Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.