DOJI has bought Diamond World Company and owns more than 100 centres and shops and nearly 1,000 staff of the firm. — Photo courtesy of Diamond World HÀ NỘI — Weak financial stability and a lack of capital are forcing many businesses to seek M&A deals amid the COVID-19 pandemic. DOJI Gemstone Jewelry Group has […]
A section of the North-South Highway in central Quảng Ngãi Province. — Photo baodautu.vn HÀ NỘI — The National Assembly discussed changing to the public investment model for the North-South Highway during a meeting on Tuesday in Hà Nội. The Ministry of Transport proposed three sections of the national highway, Vĩnh Hảo-Phan Thiết, Mai Sơn-National Route 45 and […]
Participants at PVOIL’s annual general meeting of shareholders 2020 held on Monday in HCM City. — Photo petrovietnam.petrotimes.vn HÀ NỘI — PetroVietnam Oil Corporation (PVOIL) hopes to achieve a post-tax profit of VNĐ376 billion (US$16.2 million) this year, up 8 per cent year-on-year. The information was released at the annual general meeting of shareholders held on […]
Inside a FPT Shop store. The store chain operator FPT Retail (HoSE: FRT) slipped 2.1 per cent on Tuesday. — Photo vnreview.vn HÀ NỘI — Vietnamese shares gave up gains, sliding from a three-month high on Tuesday, as banks and retailers declined. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) inched down […]
The KIDO Foods annual general meeting in HCM City on Tuesday. — VNS Photo HCM CITY — Food producer KIDO Group (KDC) announced on Tuesday it is entering the beverage industry by setting up a joint venture with dairy giant Vinamilk. The announcement, made at the Kido Frozen Foods Joint Stock Company (Kido Foods)’s […]
A land lot in Đà Nẵng. Housing projects are proposed to sell land lots. — Photo diendandatdai.com HÀ NỘI — Housing projects not located in any urban districts, except Hà Nội and HCM City, are permitted to sell land lots. This is the regulation proposed at the end of May by the Ministry of Natural Resources and Environment […]
Illustration photo. Kỳ Anh MK wind power plant project is expected to start between June, 2022 and December, 2023.— Photo enternews.vn HÀ NỘI — The People’s Committee of the central province of Hà Tĩnh has approved a wind power project with a total investment of VNĐ16.2 trillion (US$695.3 million). The project is studied, invested and built by […]
Vietnam Airlines currently focuses on domestic flights as the COVID-19 pandemic is still affecting travel worldwide. — Photo Vietnam Airlines HÀ NỘI — The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VNĐ3,000 to VNĐ2,100 per litre. The reduction is expected to help remove difficulties […]
Phương Tiến Minh, new CEO of Prudential Vietnam. — Photo courtesy of the company HCM CITY — Phương Tiến Minh has been appointed CEO of Prudential Vietnam Assurance Private Ltd to succeed Clive Baker. He will report to Wilf Blackburn, regional CEO, Insurance Growth Markets, Prudential Corporation Asia. He will be responsible for driving […]
Lê Trường Sơn, deputy general director of Saigon Co.op, hands over gifts to a customer who participated in collecting Milo cartons programme. — Photo courtesy of Saigon Co.op HCM CITY — Besides collaborating with a number of brands to offer discounts on many products to help sell them and to reduce spending pressure on consumers […]
Passengers leave a North-South train operated by the Hanoi Railway Transport JSC. — VNA Photo HÀ NỘI — Details on a plan to merge the Hanoi Railway Transport JSC (Haraco) and the southern Saigon Railway Transport JSC (Saratrans) will be discussed at Haraco shareholders meeting next week, according to a letter from its board of […]
National Assembly deputies ratified the Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Vietnam Investment Protection Agreement (EVIPA) on Monday morning. Vietnam News Agency spoke to various officials about the EVFTA’s implementation as well as opportunities and challenges facing Việt Nam on the way to better access to the European market. Minister of Industry and […]
Banks, including Vietcombank, expect to use their high profits last year to increase capital in 2020. VNA/VNS Photo HÀ NỘI — Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously. Under a recent directive […]
A customer services centre which provides information and guidelines for customers to use online services of the electricity sector. — Photo for illustration Vietnamplus HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has given the green light to a new digital programme to increase economic growth over the next five years. The plan […]
Vinamilk’s cattle farm in Tây Ninh Province. The company’s shares were among those that rose on Monday as the market gave a thumbs-up to Việt Nam’s free trade deal with the EU. — VNA/VNS Photo Lê Đức Hoảnh HÀ NỘI — The markets continued to gain on Monday as investors were upbeat over the ratification […]
A consumer speaks to a sales assistant about credit services. The State Bank of Việt Nam was looking to tighten credit in corporate bonds and real estate provided by non-bank financial institutions with an aim to ensure safety. — ndh.vn HÀ NỘI — The State Bank of Việt Nam is looking to tighten credit in corporate bonds and the […]
Việt Nam contains one of the highest potential for wind power in the Asian region. — Photo vietnambiz.vn HÀ NỘI — Experts forecast Việt Nam’s wind power sector would further grow in line with the Government’s stronger regulatory support announced recently and rising investor interest, which has strengthened the project pipeline. According to experts […]
A corner of the automobile manufacturing factory of Mitsubishi in the southern province of Bình Dương. — Photo cafef HÀ NỘI — Authorities in the central coastal province of Bình Định will offer attractive policies and mechanisms to support Mitsubishi Motors Vietnam in building an automobile manufacturing factory at Becamex Industrial Park. The statement was made […]
Sài Gòn Bridge, developed by HCM City Infrastructure Investment JSC. The company is entitled to redeem bonds from the third year of the sale. — VNA/VNS Photo An Hiếu HÀ NỘI — Pyn Elite Fund, a Finnish fund which focuses on Vietnamese shares, on Monday announced it had sold nearly 337,000 shares of the […]
Drinks being served on a Vietnam Airlines flight. — Photo courtesy of the airline HÀ NỘI — Vietnam Airlines will open two new routes connecting Vinh City in the central province of Nghệ An with Phú Quốc Island in the Mekong Delta province of Kiên Giang and Nha Trang City in central Khánh Hòa Province this month. The […]
