Logistics firms told to cut costs

Cutting transportation costs will be vital to enhancing the competitiveness of the logistics industry, the Việt Nam Logistics Business Association has said.

Trust Bank’s former shareholder to be prosecuted

The Investigation Police Bureau for Economic Management Order Offences (C46) last Friday began criminal proceeding against Hứa Thị Phấn, a former shareholder of the Đại Tín Bank (Trust Bank), now the Việt Nam Construction Bank (VNCB), and searched her house and office.

Earning reports, foreign buys to boost stocks

Vietnamese shares will continue to rise this week, according to securities analysts and brokerage companies, as foreign investors buy local assets. Positive first-quarter earnings reports and macroeconomic indicators to be released soon are also expected to influence this trend.

Sustainability Index to launch in July

The VN Sustainability Index (VNSI) will make its debut in July to evaluate the sustainability performance of companies listed on the stock market of Việt Nam.

Solutions sought for $10b shrimp plan

A conference was held in the Mekong Delta province of Sóc Trăng on Thursday to discuss how to realise the US$10 billion shrimp export target by 2025 as requested by the Prime Minister.

Banks push VN Index to new high

Vietnamese shares rose for a second day on both local exchanges on Friday, driven by banking-finance and energy stocks following speculations on a local bank’s divestment from its sub unit and slight increase in oil prices.

Red River treasures

People visit a porcelain product kiosk at Hồng (Red) River Delta Trade Fair, which opened on Thursday in northern Ninh Bình Province.

Office-tels await legal nod as demand rises

Though introduced to Việt Nam a decade ago and experiencing rapid growth in the last three years, office-tel apartments have not received official legal recognition in Việt Nam.

Cần Thơ to focus on property

Cần Thơ City will solve existing difficulties in property trading activities to recover its real estate market in five years, according to its urban development plan by 2030.

UOB to set up foreign subsidiary bank

United Overseas Bank Limited (UOB) has received preliminary approval from the State Bank of Việt Nam to establish a foreign-owned subsidiary bank in the country.

HN and HCM City top new report on office yields

Việt Nam’s two major cities, Hà Nội and HCM City, topped the table of office yields, according to the latest World Office Yield Spectrum report by Savills and Australia’s Deakin University.

Work begins on hi-tech water recycling plant

The People's Committee of the central province of Quảng Nam commenced construction on a state-of-the-art water recycling plant in the Tam Thăng Industrial Park (IP) in Tam Kỳ City on March 23.

Cao Bằng works to improve its PCI ranking

The northern mountainous province of Cao Bằng has taken drastic measures to improve its business environment after it ranked at the bottom of 2016’s Provincial Competitiveness Index (PCI).

 

City to host textile industry expo

The Vietnam Saigon Textile and Garment Industry/Fabric and Garment Accessories Expo (Saigon Tex 2017) that will showcase high-end machinery and equipment and feedstock for the textile and garment industry will be held in HCM City next month.

Việt Nam halts meat imports from Brazil

Việt Nam has officially halted meat imports from 21 Brazilian companies, which are being investigated for allegedly bribing state officials to facilitate the sale and export of sub-standard meat products.

NEWS FROM MEDIA-OUTREACH

E-paper