Vinalines to launch IPO on September 5

Việt Nam National Shipping Lines (Vinalines) will auction more than 488 million shares in its initial public offering (IPO) at the starting price of VNĐ10,000 (US$0.43) per share.

Regulations on bank establishment to be eased

Business conditions related to the establishment and operation of joint stock commercial banks and non-bank credit institutions in Việt Nam will be eased under a draft circular from the State Bank of Việt Nam (SBV).

VN registered aircrafts total 174

The number of aircraft registered as Vietnamese reached 174 as of the end of July 2018, up by 14 compared with the figure in the same period last year, according to the Civil Aviation Administration of Vietnam (CAAV). 

Saigon Co.op among largest taxpayers

Like the leading companies in telecom, banking, real estate, and automobiles, Saigon Co.op, the country’s leading retailer, also made it to the list of the country’s largest taxpayers last year.

MoIT to investigate firms like Mumuso

The Ministry of Industry and Trade (MoIT) has announced its decision to inspect retailers with a business model similar to that of Mumuso Việt Nam Company Limited.

US-China trade war evolves into battle for power

Last week, international media reported that the Trump administration was considering slapping a 25 per cent tariff on US$200 billion of imported Chinese goods, 10 per cent higher than its initial proposal, in a bid to pressure Beijing to make trade concessions.

City wants safe farm produce

HCM City is seeking to improve the traceability of agricultural produce sold through both modern and traditional retail channels to improve food safety.

VN faces volatile foreign capital inflow

Although the direction of foreign capital inflow is becoming increasingly unpredictable due to many external factors, experts say that Việt Nam is still an attractive destination for foreign investors.

VN stocks slip on China-US trade fears

 Vietnamese shares struggled on Monday following the decline of the Chinese market while blue chips continued to suffer from strong net foreign selling.

G-bonds worth US$671 million raised in July

The Hà Nội Stock Exchange organised 33 Government-bond auctions last month, raising VNĐ15.77 trillion (US$671 million), down 6.9 per cent against the previous month.

VR launches recall campaign for Mercedes GLC

More than 760 luxury Mercedes GLC vehicles are being recalled in Việt Nam over faulty airbags after reports that they may be prematurely deploying in several certain conditions.

Bamboo Capital sign condotel and villa deal

Indochina Hội An Beach Villas Company Limited, a subsidiary of Bamboo Capital JSC, has signed agreements with local and international companies for designing, building, construction supervision, financing, distribution, and others at its Malibu MGM Hội An condotel and villas in Quảng Nam Province.

HCMC pledges business support

HCM City leaders promised all assistance to businesses to ensure their sustainable growth and competitiveness at a meeting between them on Saturday (August 4).

 

 

 

Top 1,000 biggest payers announced

The 1,000 biggest tax payers in Việt Nam in 2017 contributed more than VNĐ110 trillion (US$4.72 billion) to the State budget, increasing 8.45 per cent from the previous year, and accounting for 63 per cent of total tax contributions.

Experts talk trade in HCM City

The HCM City Department of Industry and Trade met with more than 50 experts, researchers and business leaders at a meeting yesterday to discuss solutions to develop the city’s main products in the trading and services sector.

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