Việt Nam News

Canada’s MHEnviron Group, Việt Nam’s Minh Hưng Group and the US-based Avure Technologies signed on February 27 a memorandum of understanding to build a HPP (high pressure processing) technology food manufacturing and processing plant in Việt Nam.

FDI flows into real estate have been very high so far this year, and a new record is expected to be set this year.

The Hà Nội People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.

Three State-owned enterprises (SOEs) will make initial public offerings (IPOs) in March, floating VNĐ2.5 trillion (US$110 million) worth of stakes in the market in the second wave of SOEs IPOs in 2018.

A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status, according to analysts.

The rapid exhaustion of its main oil discoveries is putting the Việt Nam National Oil and Gas Group, better known as PetroVietnam, under the great pressure to attain its oil exploration and production target set for 2018.

A huge purchase of banking shares in the final minutes of Tuesday’s session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.

The European Commission and the Ministry of Industry and Trade (MoIT) officially launched the European Union (EU) – Việt Nam Energy Facility worth 108 million euros on Tuesday in Hà Nội.

Việt Nam has taken steps towards aligning its intellectual property (IP) framework more closely with its Southeast Asian peers, according to the sixth annual International IP Index, which analyses the IP climate in 50 world economies, released yesterday (Feb 27) by the US Chamber of Commerce Global Innovation Policy Center.

The Ministry of Transport has accepted the model of Vehicle Type Approval (VTA) certificate issued by the Thailand Government for vehicles exported to Việt Nam.

The price of commercial crabs in Bạc Liêu Province as well as in other provinces in the Cửu Long Delta region has reached a record high since early this year.

On February 26, Mirae Asset Management signed a joint venture agreement with an investment arm of Việt Nam’s State Capital Investment Corporation (SCIC) to form a management fund.

Parkson, the retail arm of Malaysian conglomerate Lion Group, has closed Parkson Flemington in HCM City, after eight years of operation.

Việt Nam has made significant progress in banking reforms to expand sustainable lending, says the first comprehensive Global Progress Report of the Sustainable Banking Network (SBN), released on February 26.

The State Capital Investment Corporation (SCIC) will put up more than 2.4 million shares of Maritime Bank for a public auction on the Hà Nội Stock Exchange on March 28.

The State Bank of Việt Nam (SBV) on February 22 issued document no. 1104/NHNN-TTGSNH to allow Standard Chartered Bank (Việt Nam) Limited to increase its charter capital.

Property developer Vingroup appointed Nguyễn Việt Quang its General Director on Sunday replacing Dương Thị Mai Hoa.

Land reclamation, compensation and resettlement support for the construction of Long Thành International Airport in the southern province of Đồng Nai is estimated to cost nearly VNĐ23 trillion (US$1.01 billion).