Việt Nam News

Global investment firm KKR, through its Asian Fund II, has reached an agreement to invest US$250 million in Masan Group Corporation and its branded meat platform Masan Nutri-Science.

The low-cost carrier Vietjet recorded revenue of more than VNĐ27.49 trillion (US$1.21 billion) in 2016, up 39 per cent year-on-year, according to its audited financial results released on Monday.

The Ministry of Industry and Trade (MoIT) has added pepper to the list of commodities traded on the Việt Nam Commodity Exchange (VNX), according to the ministry’s Decision 1071/QĐ-BCT issued last Wednesday.

The Mekong Delta province of Tiền Giang earned a record export revenue in the first quarter of 2017, the provincial department of industry and trade has said.

Seventy-seven enterprises were honoured on Sunday with the National Quality Award for outstanding performance in 2016.

The Nikkei Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to a 22-month high of 54.6 in March from 54.2 in February.

The Việt Nam National Oil and Gas Group (PetroVietnam) surpassed its business targets by 4 to 16 per cent in the first three months of the year, especially in oil exploitation.

New diesel vehicles are required to follow Euro 4 emission standards before December 31 this year, according to the Ministry of Transport (MoT).

Shares are expected to decline further this week as investors seek profits from a 10-year high, but the decline will not be heavy as foreign investments and first-quarter performances will boost investor confidence in listed companies.

Despite expectations of stable interest rate levels this year, credit institutions have made adjustments in their forecast for capital mobilisation and credit growth in the second quarter and the year.

Passengers would lose their chance to seek budget aviation ticket if the Ministry of Transport’s draft about ticket framework for domestic flights, which is collecting ideas contribution, comes into effect.

Although Vietnamese apparel company movement toward the stock market is an inevitable trend in a market economy, only 30 businesses of the sector’s total of 6,000 have listed so far.

Visa Vietnam on Thursday announced that its mVisa, a quick response (QR) code-based payments service, will soon be expanded to merchants and consumers in 10 countries, including Việt Nam.

The Management Board of the HCM City-based Saigon Hi-tech Park (SHTP) on Wednesday awarded an investment licence to the Tây Sài Gòn (Western Sài Gòn) Vocational College to construct a US$25 million technology transfer centre in the city.

HCM City and Japanese firms discussed investment opportunities at a business-matching event held in HCM City on Thursday.

Petrol pumps in all stations nationwide will carry stamped seals by the end of this month as a measure to prevent tax losses and limit fraud, the General Department of Taxation announced yesterday.

The HCM City People’s Committee plans to offer low-interest loans of no more than VNĐ200 billion (US$8.8 million) with a maximum seven-year term to enterprises operating in the manufacturing or support industry.

FPT Corporation may complete its divestment from FPT Trading and FPT Retail sub-units in 2017, officials said at the company’s annual shareholder meeting yesterday.