Vietcombank set to up capital to $1.74 billion

Shareholders of Vietcombank (VCB) has approved of the lender’s plan of issuing additional 360 million shares, equivalent to 10 per cent of its capital, to expand its charter capital to almost VNĐ39.6 trillion (US$1.74 billion).

Petrol prepares for e-voice

The General Department of Taxation (GDT) is aiming to apply electronic invoices for petrol products in a bid to enhance the management of petrol station data and prevent tax losses.

Workshop on intellectual property rights

 The rapid development of technology, Internet and social network has resulted in the significant development of e-commerce in Việt Nam, however, it has brought challenges for many managers and enterprises, especially the problems of intellectual property protection.

NCB to raise total assets to $4.2 billion

The National Citizen Joint Stock Commercial Bank (NCB) will raise total value of its assets to VNĐ95 trillion (US$4.2 billion) in 2017, up nearly 40 per cent from last year.

Vingroup targets 40% revenue growth, lower net income

Vingroup Joint Stock Company (Vingroup) announced their business plan for 2017 and revenues from 2016 at their annual shareholders meeting for the year 2017 on Wednesday in Hà Nội, with significant earnings and development.

Foreign investment rises 40.5%

Foreign investors have poured US$10.95 billion into new and operational FDI projects and to buy stakes in local companies in the first four months of 2017, up 40.5 per cent from the same period last year.

EVN told to propose realistic tariffs

Deputy Prime Minister Vương Đình Huệ has asked the national power company, Electricity of Việt Nam (EVN), to propose tariffs based on true production costs this year.

Shares rise on investor optimism

Shares rose for a second day in the two local markets on Thursday on investor optimism that the market will return to a positive trend soon.

PM meets with Vietnamese investors in Laos

Prime Minister Nguyễn Xuân Phúc met in Vientiane on Thursday with Vietnamese investors to hear about their difficulties in a bid to help create favourable conditions for Vietnamese investments in Laos.

Infrastructure attracts investment to north Việt Nam

The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday.

Household firms fear red tape

The Government should create the best possible conditions, including easing tax procedures, to encourage household businesses to expand into companies.

Facebook commits to keeping Vietnamese community safe

Monika Bickert, head of product policy at Facebook, who is visiting Việt Nam, talks with Việt Nam News about what the American social network company is doing to keep the Vietnamese Facebook community safe. 

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