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HCM City adds nearly 60,000 jobs in Q3

Masan Consumer looks beyond F&B, offers to buy 60% stakes of Net Detergent

Masan Consumer Corporation (HNX-UPCoM: MCH) said on December 24 that Masan HPC, a newly established home and personal care subsidiary, has made an offer to buy up to 60 per cent stakes in Net Detergent JSC at a price of VNĐ48,000 (US$2.06) per share, valuing it at $46 million and a price-earnings multiple of 19x.

VN to host global ICT event

ITU Digital World, a global platform for accelerating information and communications technology (ICT) innovations, will take place in Hà Nội from September 6 to 9.

Economy

Việt Nam strives for $4 billion in cashew exports next year

According to the Việt Nam Cashew Association (Vinacas), the sector will focus on deep processing, improving quality and diversifying products towards realising the goal.

Economy

Bamboo Airways offers shares to foreign investors at nearly $7 per share

Bamboo Airways is offering its shares to strategic foreign investor for minimum VNĐ160,000 (US$6.91) per share, local media reported.

Economy

FPT, Minh Phú sign deal for digital transformation

IT giant FPT Corporation and Minh Phú Seafood Corporation, the country’s largest seafood company, signed a strategic agreement and digital transformation consultancy contract in HCM City on December 24.

Economy

Vietjet commences HCM City-Pattaya route

In order to celebrate the new route during the festive season, super-saving tickets priced from just zero dollars are being given away between today and next Tuesday.

Economy

Khánh Hòa warns about illegal sale of tourism property to foreigners

Khánh Hòa Province Department of Construction has warned about illegal sale of tourism property to foreigners, asking project developers to comply with the established laws.

Economy

HCM City plans new industrial zone in Bình Chánh District

The HCM City People’s Committee has submitted to the Prime Minister a proposed zoning plan of 1/2000 scale for a new 380-hectare industrial zone in Bình Chánh District.

Economy

Hà Nội needs more efficient policies to develop key industrial products

The capital city of Hà Nội needs to have a more efficient mechanisms and create a more favourable business environment, attracting large enterprises to develop key industrial products, according to many experts.

Economy

SSIAM VNFIN LEAD ETF targeting financial sector’s stock launched

SSI Asset Management Co., Ltd. (SSIAM) has launched an ETF called the SSIAM VNFIN LEAD based on the Vietnam Leading Financial Index (VNFin Lead).

Economy

Christmas brings joy to shoppers, retailers alike

Christmas they say, is a time for giving. But for many businesses around the country, it is prime time to receive as well.

Economy

Problems remain in turning public non-business units to joint-stock firms

According to the Ministry of Finance, the transformation plan has lagged behind schedule set for 2015-20 period as the number of successfully-transformed units accounts for only 14.5 per cent.

Economy

PM urges firms to highlight difficulties

Prime Minister Nguyễn Xuân Phúc has urged local firms to point out the difficulties their operations were facing, pledging the Government’s continued efforts to improve the business climate and stimulate business development.

Economy

Large livestock firms should control pork prices

Large livestock enterprises should keep pork prices in check despite limited supplies on the domestic market due to African swine flu, said Minister of Agriculture and Rural Development Nguyễn Xuân Cường on Sunday.

Economy

Việt Nam's agriculture sector sets goals for 2020

Prime Minister Nguyễn Xuân Phúc has urged Việt Nam's agricultural sector to improve its production quality and expand markets to other countries, especially the EU, next year.

Economy

Shares move up for third day in a row

The VN-Index gradually approached 960 points on Monday, marking a third straight day of gains.

Economy

Korean bank Daegu to open branch in HCM City

Daegu Bank of the Republic of Korea (RoK) is preparing to open a branch in HCM City after getting the green light from the State Bank of Việt Nam (SBV).

Economy

T&T Group proposes LNG project in Quảng Trị

T&T Group proposed investment for Hải Lăng liquefied natural gas (LNG) electricity centre with total capital of US$4.4 billion in a meeting with the the Quảng Trị People’s Committee last week.