Hanwha Life Commits Long-term Investment in Vietnam Market (Sunday, July 15,2018)
Hanwha Life Vietnam Insurance Co., Ltd announced that the company has recently received approval from the Ministry of Finance to increase chartered capital by issuing license No 51/GPDC6/KDBH in July 10th.
Binh Thuan businesses protest beach erosion (Sunday, July 15,2018)
Many businesses in Binh Thuan said they face difficulties and called on provincial authorities to resolve them.
TNI opens first King Coffee in Gia Lai (Saturday, July 14,2018)
TNI Corporation has opened the first cafe under the King Coffee brand in Gia Lai Province as part of its strategy to develop a coffee shop chain in Vietnam.
More enterprises shuttered in first half of 2018 (Saturday, July 14,2018)
Despite the high economic growth, the number of businesses shutting down across the country in the first half of 2018 was higher than expected, leading to a slump in job creation compared with the same period last year, experts said.
Nestlé enters Vietnamese fish sauce market (Friday, July 13,2018)
Nestlé Vietnam, which has long been known as a major beverage maker, launched a Maggi fish sauce on July 10, marking its entry into the local fish sauce market.
Nokia sees Vietnam as key market (Friday, July 13,2018)
A representative of HMD Global, the maker of Nokia-branded mobile phones, has confirmed that Vietnam is a key market for Nokia owing to its robust growth for both basic phones and smartphones.
Domestic companies earn US$33 billion from Jan-June exports (Thursday, July 12,2018)
The domestic business sector earned roughly US$33.1 billion in outbound sales in the first half of the year, increasing by 19.9% year-on-year, according to a newly released report by the Ministry of Industry and Trade (MoIT) on its website.
Bamboo Airways given approval for investment (Thursday, July 12,2018)
Deputy Prime Minister Trinh Dinh Dung has approved Bamboo Airways’ investment project at Phu Cat Airport in the south central province of Binh Dinh.
VNPT Quang Nam: Working hard to bring good life and utility for every family (Thursday, July 12,2018)
VNPT Quang Nam started official operation on January 1, 2008, upon the separation of former Quang Nam Post into the VNPT Quang Nam and Quang Nam Post. During 10 years of development, VNPT Quang Nam has constantly grown to actively contribute not only to overall achievements of Vietnam Posts and Telecommunications Group (VNPT Group), but also to socio-economic development, industrialisation and modernisation of Quang Nam province.
IFC, TPBank sign deal on US$100 million loan (Wednesday, July 11,2018)
The International Finance Corporation (IFC) and Tien Phong Commercial Joint Stock Bank (TPBank) have inked a deal under which the IFC will provide a syndicated loan of US$100 million to help TPBank extend long-term funding to mirco-, small- and medium-sized enterprises (MSMEs), and individual borrowers through digital delivery channels.
Sao Mai Group launches new member (Wednesday, July 11,2018)
On July 10, 1818, in An Giang, Sao Mai Group launched its International Finance and Communication Investment Joint Stock Company (MIF), launched saomainews.com and held the opening ceremony for Japanese Internship Programme K2N. Three events attracted a large number of visitors, press agencies and workers in the south-western region who are interested in the labour export programme that Sao Mai Group has been operating.
Vietnam Airlines offers QR code payment for passengers (Tuesday, July 10,2018)
The national carrier Vietnam Airlines has officially started accepting quick response (QR) code payments for its passengers from July 9.
BSR changes to joint stock model (Tuesday, July 10,2018)
Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai has officially been operating as a joint stock company since July 1, 2018.
European firms optimistic about Viet Nam’s business environment (Tuesday, July 10,2018)
European firms remain optimistic about the business environment in Viet Nam, according to EuroCham’s latest Business Climate Index (BCI).
Vietcombank named Vietnam’s best bank in 2018 by FinanceAsia (Monday, July 9,2018)
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the best bank of Vietnam in 2018 by FinanceAsia.
Insurance firms plan to go digital (Monday, July 9,2018)
Most insurance businesses are planning to apply new technologies in management systems and improving customer services, and many also plan to study new products to meet the market’s demand and diversify insurance sale channels, according to a recent Vietnam Report survey.
Vietnamese business club makes debut in RoK (Monday, July 9,2018)
The Vietnamese Business Club in the Republic of Korea (VBCK) made its debut at a ceremony in Seoul on July 7, drawing the attendance of hundreds of Vietnamese and Korean businessmen.
TMV’s first batch of automobiles enters Vietnam (Sunday, July 8,2018)
Toyota Motor Vietnam (TMV) has imported 200 cars through Hiep Phuoc Port in HCM City after six months of suspending imports to Vietnam.
Viettel posted profit in 8 out of its 10 overseas markets (Saturday, July 7,2018)
Military-run Viettel Group reported profits in eight of its 10 overseas markets including Peru, Cambodia, Laos, Haiti, Burundi, East Timor, Mozambique and Cameroon in the first half of the year.
Lotte Mart’s private brand among Top 100 products, services for families, children (Friday, July 6,2018)
Choice L, an exclusive brand of Lotte Mart in Viet Nam, has been named as one of the “Top 100 Best Products and Services for Families and Children in 2018” by the Labour and Society Newspaper, the Family and Children Magazine and Bao Sang Development JSC.
Four foreign investors lose opportunity at strategic stake in PV Oil (Friday, July 6,2018)
The government’s refusal to extend the deadline to look for strategic investors closes the gates for foreign investors looking for a strategic stake in Vietnam Oil Corporation (PV Oil).
Vinamilk’s products present in 43 countries (Thursday, July 5,2018)
Dairy giant Vinamilk’s products have hit supermarket shelves in 43 countries and territories across five continents.
Agribank lends over US$219 million to develop hi-tech agriculture (Thursday, July 5,2018)
The Vietnam Bank for Agriculture and Rural Development (Agribank) has so far provided more than VND5.1 trillion (US$219.3 million) in soft loans for hi-tech agricultural projects across Vietnam.
Over 64,500 new enterprises set up in first half of 2018 (Wednesday, July 4,2018)
As many as 64,531 new enterprises have been set up in the first half of 2018 with a total registered capital of VND649 trillion (US$28.6 billion), up 5.3% and 8.9% from the same period last year, respectively.
Hoa Phat Dung Quat Steel JSC improves administration capacity (Wednesday, July 4,2018)
The Hoa Phat Dung Quat Steel JSC has announced that it will apply SAP S/4HANA, a next-generation enterprise resource planning (ERP) software, for its iron and steel production complex.
EVN to purchase electricity from Trung Nam Group (Wednesday, July 4,2018)
Trung Nam Solar Power JSC, a member of Trung Nam Group, inked a power purchase agreement with Electric Power Trading Company (EPTC) under State utility firm Electricity Vietnam Group (EVN) in Hanoi City today, July 3, company officials said.
Nhan Co alumina plant achieves VND3.2 trillion in revenue (Tuesday, July 3,2018)
The Vietnam National Coal and Mineral Industries Group (Vinacomin)’s Nhan Co Alumina plant in the Central Highland province of Dak Nong gained more than VND3.2 trillion (US$141 million) in revenue in the first six months of the year.
PVEP surpasses oil and gas exploration, financial targets (Tuesday, July 3,2018)
The PetroVietnam Exploration Production Corporation (PVEP) has surpassed its oil and gas exploration and financial targets for the first half of this year.
Jasan Vietnam Textile and Dyeing Company, efficient FDI enterprise in Hai Phong (Monday, July 2,2018)
Established in 2014 at the Vietnam Singapore Industrial Park (VSIP) in Hai Phong, Jasan Vietnam Textile and Dyeing Company has gained remarkable achievements in production and trading. This proves the attractive investment environment of Hai Phong City.
EVN invests in six new power works on Phu Quoc Island (Monday, July 2,2018)
The Southern Power Corporation of the Electricity of Viet Nam (EVN SPC) is building six new power works, including 110-220kV transformer stations in the Phu Quoc island district of the Cuu Long (Mekong) Delta province of Kien Giang.