Savico shuts down taxi company

Saigon General Service Corporation (Savico) announced to the State Security Commission of Việt Nam and HCM City Stock Exchange that its taxi brand - ComfortDelgro Savico Taxi - has been closed to preserve funds and reengineer its taxi-related business plans.

PM attends inaugural ceremony of Thaco Mazda plant

Trường Hải Auto JSC (Thaco) inaugurated the Thaco Mazda automobile manufacturing plant, the biggest and most modern Mazda factory in Southeast Asia, in the central province of Quảng Nam on March 25 in the presence of Prime Minister Nguyễn Xuân Phúc.

Trade war could cause stock volatility

Việt Nam’s benchmark VN Index touched its new all-time high on Thursday but investors aired on the side of caution over fear global stocks would move this week amid a possible global trade war.

VN stocks dive on trade war fears

Vietnamese shares tumbled on Friday due to a massive sell-off as investors worried about a possible trade war between the US and China that could dampen global trade and economic growth.

Việt Nam and Oman look to foster cooperation

Việt Nam and Oman are seeking to boost co-operation to reach its full potential, heard attendants of the third meeting of the Joint Committee on Economic and Technical Co-operation (JCETC) between Việt Nam and Oman held in Hà Nội yesterday.

VN firms push food safety

More and more livestock farming companies are adopting VietGap and Global Gap standards to improve their efficiency as well as ensure food safety, according to global quality certification agency Bureau Veritas.

VN condotel market promises to boom this year

Condotels are becoming a hot development target in the real estate market, as international tourists flock to Việt Nam with increasing speed. Condominiums that are operated as hotels, with owners allowed to make their units available for short-term rentals, the properties are attractive for tourists and business visitors.

SMC to pay 40% dividend

SMC Trading Investment JSC has announced it will pay 40 per cent of dividends in 2017, with 10 per cent in cash and 30 per cent in shares.

Chemical firm to up foreign ownership

Đức Giang-Lào Cai Chemicals JSC, listed on the HCM Stock Exchange as DGL, plans to increase the limit on foreign ownership from zero to 49 per cent.

PV Power replaces PetroVietnam as power plants investor

The Vietnam National Oil and Gas Group, known as PetroVietnam, has proposed transfering two gas-fuelled power plants – Nhơn Trạch 3 and 4 – to PetroVietnam Power Corporation (PV Power), according to the Government Office.

VN exports hit $200b last year: report

A report on last year’s imports and exports was released on March 22 by the Ministry of Industry and Trade to provide accurate information on the country’s trade to management agencies, policymakers and businesses.

HCM City to host food ingredients expo

The 2018 Food Ingredients Vietnam to be held in HCM City in May will showcase a large variety of food and beverage ingredients and natural ingredients.

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