With Grab buying Uber, can VN firms compete?

Grab’s acquisition of Uber opens the door for Vietnamese businesses to enter the ride-sharing market, said Khuất Việt Hùng, vice chairman of the Việt Nam National Safety Traffic Committee.

Vietinbank and PG Bank deal collapses

The Việt Nam Bank for Industry and Trade (VietinBank) and the Petrolimex Group Commercial Joint Stock Bank (PG Bank) have called off a potential merger after nearly two years of negotiations.

Đồng Tháp farmers bet on tra fish

Đồng Tháp Province, already the largest tra fish producer in the Cửu Long (Mekong) Delta, has further increased the breeding area this year because of the high prices the fish is fetching.

Bình Thuận approves Sông Lũy 1 solar plant

Southern Bình Thuận Province’s People’s Committee has issued a decision on investment policy for the SôngLũy 1 solar power plant, invested by Quang Điện Bình Thuận Investment Joint Stock Company.

Local filter equipment sent to Chile

Doosan Heavy Industries Việt Nam Co. (Doosan Vina) has shipped reverse osmosis (RO) expansion racks and high pressure piping systems – equipment essential to desalination filter systems – to the Escondida Water Supply plant in Chile.

HCM City set to host tourism fair

More than 30 travel firms in HCM City will sell nearly 60,000 domestic and outbound tours at 15-50 per cent discount at the HCM City Tourism Fair to be held from April 12 to 15.

Shrimp surplus stresses sellers

The country’s shrimp export business could be in for a tough year, due to sharp rise in global surplus supply and a drop in market price.

EVFTA to boost textile firms’ exports

The Europe–Việt Nam Free Trade Agreement (EVFTA) is expected to create momentum for the domestic textile industry to develop in the future, experts said.

Telecom revenues down in first quarter

The revenue of Vietnamese network operators has suffered an uncharacteristic low in the first quarter of this year due to new legislation reducing top-up promotions for pre-paid subscribers from 50 per cent to 20 per cent. The reduction of the promotion was put into force last month.

All Aboard the Social Enterprise Train

Social enterprise is making huge strides in Việt Nam, promising great things for investors, entrepreneurs and society at large. Here, our UK expat financial services expert, Brian Spence explains how you can get involved.

VN to showcase mining technology

The fourth Mining Việt Nam 2018, an international mining and minerals recovery exhibition and conference, will be held on April 18-20 at the International Centre for Exhibition in Hà Nội.

VN Index struggles to stay positive

Việt Nam’s benchmark VN Index ended Thursday on a positive note as investor sentiment improved slightly, but a volatile market is forecast for the next trading day.

Vietnamese firms participate inhalal show in Malaysia

Several Vietnamese firms are participating at the 15th Malaysia International Halal Showcase 2018 in Kuala Lumpur. They include Hanoi Trade Corporation (Hapro), Trung Nguyên Coffee, Lộc Tri Group and Asia Fish Oil Corporation, an affiliate of Sao Mai Group.

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