Viettel well set to tap AEC potentials

The giant of telecom in Việt Nam, Viettel, has achieved major success after 10 years of investment in foreign countries, including ASEAN. On the occasion of ASEAN’s 50th anniversary, Lê Đăng Dũng, Viettel’s Deputy General Director talks with Việt Nam News reporter Vũ Hoa about the group’s contributions to their overseas markets in general and the regional community in particular.

FDI firms to get unexpected inspections

According to the recently issued Decision 1381/QĐ-BTC by the Ministry of Finance (MoF), firms operating in Việt Nam with foreign direct investment (FDI) will be subjected to regular and sudden examinations by appropriate Vietnamese authorities of both their physical and financial assets.

Social housing must look nice: construction official

HCM City should build social housing priced at up to VNĐ1 billion rather than VNĐ200-300 million to ensure a reasonable quality of life for their occupants, the city’s top construction official has said.

FLC to develop urban complex in Thái Bình

FLC Group has expressed its desire to develop a smart urban complex in the centre of northern Thái Bình City, Trịnh văn Quyết, group’s chairman of the management board, said.

Shares fail to breach 790 points

The benchmark VN-Index failed to conquer the short-term resistance point of 790 for a second day on Friday, dragged down by bank stocks, while growth of many large-cap stocks supported the market.

Mobile World to spend $111m on MA deals

Mobile World Corporation, one of the biggest mobile phone and accessory retailers in Việt Nam, is preparing to take over local electronics and pharmacy retail firms for VNĐ2.5 trillion (US$111.1 million).

Southern trade promotion pushes clean agriculture

The Ministry of Industry and Trade (MoIT), the Agency for Regional Industry Development (ARID) and the Ho Chi Minh City’s Department of Industry and Trade (DIT) jointly held the eight annual conference on trade promotion for Southern cities and provinces on Thursday, affirming the regions’ numerous successes and discussing solutions to remaining problems.

Vincom Retail Plans $600 Million IPO

Vincom Retail, the Vietnamese mall operator under the property and retail conglomerate Vingroup JSC, plans to launch its initial public offering (IPO) this year, according to Bloomberg.

BIDV launches $444.4 million credit package

The Bank for Investment and Development of Việt Nam (BIDV) on Thursday launched the VNĐ10 trillion (US$444.4 million) credit package with preferential interest rate for small-and-medium sized enterprises (SMEs).

Tuna export revenue surges 21%

Việt Nam’s tuna export turnover has risen 21 per cent year on year to hit US$271 million in the first half of 2017.

VN banks hired more in H1

Together with high profits of trillions đồng in the first half of this year, domestic commercial banks reportedly recruited thousands of employees in the period to boost development.

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