Đông Á Bank recoups $185m of bad debts

Đông Á Bank has delivered a steady performance under the State Bank of Việt Nam's special supervision, since August, recovering nearly VNĐ4.2 trillion (US$185 million) of its non-performing loans.

VN convenience stores enjoy boom

Convenience stores and minimarts have become increasingly popular in the country, with more than one third of households shopping there regularly, according to some analysts’ estimates.

VN firms eye co-branding goal

Co-branding is now a growing international trend and offers Vietnamese businesses the easiest way to join the global market.

 

Đắk Lắk to shift coffee strategy

The Central Highlands province of Đắk Lắk plans to increase the proportion of  processed coffee such as instant coffee and powdered coffee from less than 10 per cent to 15 per cent in total coffee output by 2020 and up to 30 per cent by 2030.

Environmental protection tax hike hurts firms

The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Việt Nam Chamber of Commerce and Industry (VCCI).

Momentum wanes on VN-Index

Shares edged down yesterday on the HCM Stock Exchange as leading stocks lost growing momentum on the back of a lack of support information.

Tiền Giang promotes industrial parks

The Mekong Delta province of Tiền Giang has devised numerous comprehensive measures to fully explore local industrial parks (IPs) and industrial clusters (ICs).

VN steel, iron import value surges

Việt Nam’s import value for steel and iron products continuously surged sharply in the first month of 2017 to US$710 million, the General Statistics Office reported.

Investors must shape up to avoid losses: experts

Investors should improve their knowledge of the stock market as a lack of experience and knowledge could make their investments suffer, securities experts said at an online conference held by news site cafef.vn yesterday.

Supply industry needs to tap the global chain

Technological and financial limitations are major development constraints for the local supply industry, Bùi Quang Chuyện, Chairman of the Việt Nam Engine and Agricultural Machinery Corporation (VEAM), tells VietnamPlus.

EVN asked to up service quality

Prime Minister Nguyễn Xuân Phúc has urged Electricity of Việt Nam (EVN) to focus all resources on supplying higher quality and more reliable power for socio-economic activities and people’s daily use. 

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