Việt Nam News

Prime Minister Nguyễn Xuân Phúc asked the Việt Nam Posts and Telecommunications Group to plan for equitisation over the next five years, during a working session with the company in Hà Nội on Thursday.

Vinacafé Biên Hòa Joint Stock Company has announced that starting this month it will only produce authentic coffee products that do not use any soy additives.

Deputy Prime Minister Vương Đình Huệ has approved a proposal by the Ministry of Finance (MoF) to reduce road tolls for a number of vehicles to ease the burden of transportation enterprises.

Singapore government’s investment fund GIC Private Limited (GIC) is negotiating to buy at least 7 per cent of the Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank).

An incubator centre for technical, technological and mechanical businesses was launched in HCM City on August 4. 

State-owned construction and material producer Sông Đà Corp reportedly sold its entire stake in the Việt Nam-Italy Steel Company (VIS) on Tuesday, cafef.vn reported.

Vietnam Posts and Telecommunications Corporation (VNPT) on Thursday launched a satellite mobile service known as VinaPhone-S.

Shares lost most of the value gained in yesterday’s morning session as increased investor selling in the afternoon eroded confidence in the ongoing rally.

The State Bank of Việt Nam (SBV) on Tuesday approved in principle South Korean Woori Bank’s plan to set up a wholly foreign owned bank in Việt Nam.

The price of tra fish in the Cửu Long (Mekong) Delta has continued to fall, leaving large inventories of fish and causing losses for farmers.

Việt Nam plans to impose a 17 per cent corporate income tax (CIT) for four years from January 1, 2017, on businesses making less than VNĐ20 billion (US$893,000) in revenue.

Hà Nội is offering incentives to enterprises, particularly those from Japan, to apply advanced technologies in waste treatment in the capital, municipal People’s Committee Chairman Nguyễn Đức Chung said.

The southern Bà Rịa-Vũng Tàu Province will focus its investment on hi-tech industry and agriculture, port logistics and high-quality tourism.

Shares declined for four days in a row yesterday, dragging the benchmark VN-Index to one-month low as blue chips maintained their downward trend and global oil prices continued to dwindle.

HCM City’s leaders and newly-elected lawmakers yesterday began a three-day session of the People’s Council to discuss socio-economic targets amid many complaints about extended flooding, traffic jams and pollution.

Many co-operation opportunities have been offered to fisheries processors and traders at the Vietfish 2016 which opened in HCM City yesterday (August 3).

Việt Nam is developing a comprehensive competition policy scheme in an effort to refuel reform and accelerate growth towards a market-based economy.

Vạn Thịnh Phát Group Corporation, one of the leading real estate and hospitality companies in Việt Nam, yesterday signed an agreement with two giant Malaysian companies to develop a US$6 billion ecological urban system called Saigon Peninsula Project in HCM City’s District 7.