Việt Nam News

The Aviation Corporation of Việt Nam (ACV) and local authorities in the central province of Thừa Thiên-Huế have agreed to invest US$95 million for the expansion and upgrade of Phú Bài Airport.

Chinese yuan will be allowed for payment in the border areas between Việt Nam and China.

The Viet-Pan Techno Park in HCM City has served as a model for similar projects to lure foreign investors from Japan and other countries to the city, said Vice Standing Chairman of the municipal People’s Committee Lê Thanh Liêm.

The People’s Committee of Bình Phước Province has issued Decision No. 1875/QĐ-UBND on revoking land to hand over to Thaigroup JSC for the construction of the Minh Tâm Cement Plant.

Vietjet will participate to the Modetour Travel Mart 2018, slated to be held from August 31 to September 2 in Seoul, South Korea, the airline announced on Tuesday.

The State Bank of Việt Nam (SBV) needed to speed up the resolution of non-performing loans (NPLs) to bring down the bad debt ratio of the entire banking system – including both NPLs owned by credit institutions and the Việt Nam Asset Management Company - to below 3 per cent by 2020. 

The HCM City Investment and Trade Promotion Centre will organise the second HCM City Trade – Service – Tourism Promotion Conference in Savannakhet, Laos, in October to help Vietnamese businesses tap the Lao market and enhance co-operation between the two countries, a workshop heard on Tuesday.

Shares ended on a positive note on Tuesday as cash flowed into large-caps.

With its high economic growth rate and population of over 90 million, Việt Nam is becoming an increasingly attractive destination for international franchising businesses, especially in the food and beverages sector.

Though the Vietnamese and HCM City governments offer many incentives and have favourable policies to encourage businesses to invest in agriculture, they often remain on paper, heard a conference held in HCM City on Monday.

Mekong Fisheries JSC shares have been included on the southern bourse’s warning list from August 31 and the company is facing the risk of a listing cancellation.

Moon cake producer Mondelez Kinh Đô has said it will introduce more than 80 varieties of moon cakes at various prices for the Mid-Autumn Festival next month.

Digital technology and online connectivity will be a driving force for the growth and transformation of the Vietnamese economy in the coming decades, a workshop heard in HCM City.

Stepping into the field of technology, Vingroup has not set out goals for their own development. Nguyễn Việt Quang, vice chairman and CEO of the group, emphasised that Vingroup’s biggest aspiration is to create a favourable ecosystem to nurture tech start-ups, thereby creating breakthroughs for Việt Nam and the business community.

Bà Rịa-Vũng Tàu People’s Committee on August 28 granted a certificate of investment registration for the construction of a polypropylene (PP) plant and a liquefied petroleum gas (LPG) warehouse for South Korea’s Hyosung Corporation.

The export value of forestry products is projected to hit US$5.858 billion between January and August this year, increasing 13 per cent on year and accounting for 23 per cent of Việt Nam’s total agro-forestry-fishery exports.

Base.vn yesterday launched the Việt Nam’s first ATS (Applicant Tracking System) in HCM City.

 Vingroup co-operated with the National Payment Corporation of Việt Nam (NAPAS) to launch a promotion programme offering major reimbursements for customers who pay via NAPAS domestic cards issued by Vietnamese banks including debit, credit, prepay cards or VinID customer card. Customers can recoup up to 30 per cent of the value of their bill when shopping at Vinmart supermarket nationwide.