Vietnamobile to be a JSC with foreign investment

The Hanoi Telecom JSC received the Prime Minister’s decision approving its transformation from a Business Corporation Contract (BCC) to become Vietnamobile Telecommunication JSC in Hà Nội on Tuesday.

Foreign arrivals increase by 18%

The country welcomed approximately 3.25 million international visitors in the first four months of this year, up 17.8 per cent against the same period last year, according to the Việt Nam National Aministration of Tourism (VNAT).

Plastic sector eyes alternatives

The Việt Nam Saigon Plastic Association will focus on research to develop renewable raw materials replacing fossil-based materials for making plastics in the 2016-20 period, its president has said.

Russia, VN to cooperate on oil, gas

The Vietnamese Government supports Russia’s Gazprom in expanding oil and gas production in Việt Nam, asserted Prime Minister Nguyễn Xuân Phúc at his reception for Alexey Miller, Chairman of the Management Committee of Gazprom in Hà Nội yesterday.

Ha Noi’s exports post 0.2% growth

The capital city generated approximately USS3.4 billion from exports in the first four months of the year, marking a modest increase of 0.2 per cent against the same period last year, according to the municipal Statistics Office.

PM supports Goldman Sachs in VN

Việt Nam is committed to macro-economic stability and the best possible conditions for foreign investors in the country, including Goldman Sachs, Prime Minister Nguyễn Xuân Phúc told head of the US-based multinational investment banking firm’s Asia division Andrea Vella, during a reception in Hà Nội yesterday.

WEF leader meets young Vietnamese

World Economic Forum (WEF) Managing Director Philipp Rösler met with young Vietnamese people and entrepreneurs in Hà Nội on Monday.

UK ideal for VN shrimp exports

Vietnamese enterprises should foster their shrimp exports to the United Kingdom as exports to other markets were tending to slow down, the Việt Nam Association of Seafood Exporters and Producers (Vasep) has suggested.

SGP lowers target for 2016, plans divestment

The bank for Industry and Trade of Vietnam (VietinBank) and Viet Nam Prosperity Bank (VPBank), strategic investors of Sài Gòn Port JSC, asked to sell their holdings in the port at the shareholders general meeting last week.

Effective use of State assets urged

Deputy Prime Minister Vương Đình Huệ urged the State Capital Investment Corporation (SCIC) to strengthen operations for more effective use of state assets, during a working session in Hà Nội yesterday.

Markets rebound from Monday fall

Vietnamese shares rebounded on both local markets from Monday falls, led by large-cap stocks in the insurance and property sectors.

HCM City showcases high-quality products

The annual Vietnamese High-Quality Products Fair opened yesterday  in HCM City, featuring nearly 700 booths of over 200 exhibitors, including manufacturers of high-quality goods.

 

Business law reform in focus

Prime Minister Nguyễn Xuân Phúc on Monday chaired the first meeting with ministerial and sector leaders in Hà Nội seeking to remove obstacles to the enforcement of Laws on Enterprises and Investment.

SSI to expand into derivatives

Shareholders of Saigon Securities Inc yesterday approved the company’s expansion into derivatives trading, which has yet to begin in Việt Nam, however.

 

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