Transport Ministry rejects Uber Viet Nam proposal

The Transport Ministry has declined to approve a Uber Việt Nam request to pilot an IT upgrade for its services, citing, among other things, a lack of authorisation and validation from its parent firm.

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.

NEWS FROM MEDIA-OUTREACH

E-paper