Việt Nam News

The Việt Nam Cashew Association has set standards for cashew processing to nudge the industry towards cleaner production and ensure consistent quality.

Viet Capital Bank and FPT Information System (FPT IS) have signed a contract to modernise the bank’s transaction system with customers, targeting to better serve its customers and create a foundation to deploy Omni-channel banking services

The third investment wave from South Korea is now at its peak, according to Moon Byungcheol, Commercial Counsellor at the South Korea General Consulate in HCM City.

BUSINESS BEAT

Việt Nam is unlikely to meet the 10 per cent export growth target for this year, said Minister of Industry and Trade, Trần Tuấn Anh.

A US$300 million project, consisting of a seaport and industrial park at the Đầm Nhà Mạc area in Quảng Yên town in the northern province of Quảng Ninh, was granted an operating licence on Friday.

Foreign traders have increased selling in local securities markets and could threaten the future outlook, which has remained at 665-675 points since the beginning of the month.

The doors are set to open wider for Vietnamese timber exports to Europe after Việt Nam and the European Union (EU) concluded negotiating a forestry pact.

Việt Nam’s airline industry has made great progress in recent years, despite still having a young industry in the country, said Transport Deputy Minister Nguyễn Nhật during a conference in Hà Nội yesterday.

Vietnam Mobile Telecom Services Corporation (MobiFone) recently received complaints from customers, who reported being spammed with missed calls from a foreign number and subsequently being charged high international call fees.

The Civil Aviation Authority of Vietnam (CAAV) has asked the Ministry of Transport to approve its purchase of a runway debris detection system to scan for debris and alert airport operators.

K+ Satellite Digital Television has announced a special promotion for watching the AFF cup 2016, which begins today in Myanmar.

Sony Electronics Vietnam today announced that the PlayStation®4 (PS4™) and PlayStation®4 Pro (PS4 Pro) computer entertainment systems will  become available in Việt Nam.

Vietnamese e-commerce startups are capable of competing with international companies, which are increasingly coming to Viet Nam to set up business, delegates heard at a forum yesterday in HCM City.

Digital banking has assumed crucial importance in the development of Viet Nam’s banking system, Đào Minh Tú, deputy governor of the State Bank of Việt Nam (SBV) stressed at a recent conference.

Consumption of wood products in the domestic market is expected to increase by more than 10 per cent this year from last year’s figure of $1.3 billion, according to the Handicraft and Wood Industry Association of HCM City (Hawa).

The Hà Nội Stock Exchange has announced a blacklist of 49 stocks on the Unlisted Public Company Market (UPCoM) to alert and protect investors and traders.

Shares closed down on the two national exchanges yesterday as traders increased selling on the market outlook uncertainty, especially when foreign investors offloaded large-cap stocks.