$3.5b needed for expansion of Nội Bài airport

The Civil Aviation Authority of Việt Nam (CAAV) has said that it will need close to VNĐ80 trillion (US$3.5 billion) for the proposed expansion project of Nội Bài International Airport. The expansion project is being carried out in order to brace against overloading that is expected in just a few years.

Gov’t to inspect SBV restructuring efforts

The Government Inspectorate (GI) will conduct 25 crucial inspections this year, including scrutiny of the central bank’s implementation of a restructuring project in the past five years.

VN-Index hits 1,200 points on cash flow

Strong cash flow poured in to the brokerage and real estate sectors helped push the benchmark VN-Index to a new record high of 1,200 points in the morning session and maintain the uptrend during most of yesterday session, with stronger growth in the last minutes of trading.

SBT to buy back 83.5 million shares

Domestic sugar producer Thành Thành Công-Biên Hòa Joint Stock Company has announced it will buy back more than 83.5 million shares as treasury stocks.

Boost for new startups

The Vũng Tàu Province People’s Committee is working with the non-profit Startup Việt Nam Foundation (SVF) to support new business and boost economic growth in the province.

Việt Nam spends $194 million on pesticides

Việt Nam spent US$58 million to import pesticides and raw materials in March, lifting total imports of the commodities in the first three months of this year to $194 million.

Textile firm sees profit down 1.3%

The Thành Công Textile Garment Investment Trading Joint Stock Company sees both revenue and profit down 1.3 per cent in 2018, due to poor business performance and foreseeable difficulties and challenges ahead.

 

Bạc Liêu targets becoming shrimp hub

The Mekong Delta province of Bạc Liêu has begun plans to expand its shrimp aquaculture industry, with the kick off earlier this year of construction of the Bạc Liêu high-tech agricultural zone in Hiệp Thành commune in Bạc Liêu city.

VN Index rising on good market sentiment

The Vietnamese stock benchmark VN Index came close to its new record high of 1,200 points last week on the prolonged rally of large-cap shares, and the uptrend is expected to continue in the coming five sessions.

Fuel prices rise second time this year

The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.

NEWS FROM MEDIA-OUTREACH

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