VNA to launch direct air service to U.S. in 2020 (Wednesday, September 19,2018)
National flag carrier Vietnam Airlines is set to open a direct air link between Vietnam and the United States in 2020, with the destination being either Los Angeles or San Francisco.
FPT becomes Carlsberg’s global technology partner (Tuesday, September 18,2018)
Local tech giant FPT Corporation has become a technology partner of Carlsberg, one of the world’s leading brewery groups, providing information technology and digital transformation services for the global brewer.
Agribank enhances cooperation with Japan’s Yanmar Group (Tuesday, September 18,2018)
Deputy General Director of the Vietnam Bank for Agriculture and Rural Development (Agribank) Pham Toan Vuong has had a working session with representatives from Yanmar, a Japanese agricultural machinery manufacturer.
Zara, H&M report high revenues in Vietnam (Monday, September 17,2018)
Zara, H&M report high revenues in VietnamFor a population of nearly 100 million, of which the majority is at young age and with a steady growth of income per capita, Vietnam is considered potential market for fashion retailers.
Petrolimex plans second treasury stock sale by year-end (Monday, September 17,2018)
The Vietnam National Petroleum Group (Petrolimex) is proceeding to sell a maximum of 60 million treasury stocks on the Ho Chi Minh Stock Exchange, the second sale of its kind since its debut in April 2017.
Go-Viet offers new motorcycle ride-hailing service in Ha Noi (Sunday, September 16,2018)
Vietnamese firm Go-Viet is the latest app to join Ha Noi’s ride-hailing market, providing customers in the capital another option for instant motorcycle taxi and delivery services.
Japanese businesses seek hi-tech agriculture opportunities (Saturday, September 15,2018)
The Japan External Trade Organistion (JETRO) on Wednesday held a conference to connect Japanese enterprises with Vietnamese businesses in the field of hi-tech agriculture in Ha Noi.
Nestlé Vietnam helps coffee farmers improve productivity, income (Friday, September 14,2018)
Nestlé Vietnam has helped over 20,000 households of coffee growers improve productivity and income through applying new technology from the NESCAFÉ Plan project, said the firm’s General Director Ganesan Ampalavanar.
VAMC plans to resolve US$5.95 billion of bad debts by 2020 (Thursday, September 13,2018)
The Vietnam Asset Management Company (VAMC) plans to resolve at least VND140 trillion (US$5.95 billion) of non-performing loans (NPLs) from now until 2020, of which VND34.5 trillion will be settled this year.
PVN asks for revision of oil law (Thursday, September 13,2018)
The ongoing exploitation of petroleum resources in Viet Nam threatens to outpace exploration of new sites, which could lead to a drop in the country’s oil and gas output.
NutiFood expands business to Sweden (Thursday, September 13,2018)
NutiFood Corporation and the Swedish-based Backahill Company signed a memorandum of understanding (MoU) on September 11 to jointly produce dairy products and nutritious organic foods in Sweden, which will be supplied to markets in Europe and Asia.
PAN to issue shares for M&A deals (Wednesday, September 12,2018)
Agricultural firm PAN Group JSC will sell some 15 million shares to a Japanese partner and will use the proceeds to conduct mergers and acquisitions (M&As) and raise its stakes in member companies.
Uber BV completely pays off tax arrears (Wednesday, September 12,2018)
The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of VND53 billion (US$2.26 million), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.
Vietnamese dairy producer expands operation in Russia (Tuesday, September 11,2018)
Vietnam’s dairy group TH True Milk recently began construction on a milk processing plant at Kaluga Special Economic Zone in Borovsk district, Kaluga province of Russia.
Vietjet to open daily service to Japan (Tuesday, September 11,2018)
Budget airline Vietjet Air will begin operating three daily flights to Osaka and Tokyo in Japan late this year and early next year, said an official at a Vietnam-Japan tourism seminar, on the sidelines of the International Tourism Fair in HCMC.
Bamboo Airways to use old leased aircraft (Monday, September 10,2018)
New carrier Bamboo Airways on September 5 proposed the Civil Aviation Authority of Vietnam (CAAV) issue registration numbers for three leased aircraft which news reports said have been in use for 11 years.
Vietnam Airlines becomes main carrier for Hessen State (Monday, September 10,2018)
National carrier Vietnam Airlines signed a co-operation agreement to become the main carrier for Germany’s Hessen State and the World University Service (WUS) in Frankfurt on Friday.
Textile, garment firms lose competiveness (Monday, September 10,2018)
Vietnamese garment and textile enterprises are losing their competiveness due to high costs of logistics services for exports, experts have said.
Lotte keen to expand investments in Vietnam (Sunday, September 9,2018)
Lotte Group, a Korean conglomerate that is active in Vietnam, will expand its investments in the country. Meanwhile, its subsidiary Lotte Card is keen to boost consumer finance, fintech and findata services, the Government news website cited Lotte Card Chairman and CEO Kim Chang Kwon as saying.
Qatar Airways to launch direct flights to Danang (Sunday, September 9,2018)
Qatar Airways has announced plans to launch direct flights to Danang, starting December 19. The central coast city will be the third Vietnamese destination on the Doha-based airline’s rapidly expanding global network, preceded by HCMC and Hanoi.
Vietsovpetro taps 230 million tonnes of oil (Saturday, September 8,2018)
The Vietnam-Russia Oil and Gas Joint Venture Vietsovpetro has pumped up more than 230 million tonnes of crude oil and provided 34 billion cubic metres of associated gas since its exploitation of the first tonnes of the resource in Vietnam in June 1986.
Vinalines raises only US$2.3m from IPO (Saturday, September 8,2018)
State-run Vietnam National Shipping Lines (Vinalines) fetched just over VND54.4 billion (US$2.33 million) from its first initial public offering (IPO) at the Hanoi Stock Exchange on Wednesday, September 5, reported the Vietnam News Agency.
Emirates in codeshare partnership with Jetstar Pacific (Friday, September 7,2018)
Emirates and Jetstar Pacific on September 5 announced a new codeshare agreement, expanding the existing partnership between the Dubai-based carrier and the local airline.
Local firms call for State support in adapting to climate change (Friday, September 7,2018)
Domestic enterprises participating in a seminar held today, September 5, in Danang City called for the support of State management agencies and nongovernmental organizations to help them cope with disaster risks and adapt to climate change.
Lazada Vietnam launches online shopping platform LazMall (Thursday, September 6,2018)
Ecommerce firm Lazada Vietnam on September 4 rolled out its online shopping platform LazMall, pledging to provide 100% authentic goods from nearly 300 popular international and local brands, with a wide variety of product lines, ranging from technology, home appliances and groceries to fashion, beauty and mother and babycare items.
AirAsia offers 5 million promotional tickets (Thursday, September 6,2018)
Malaysian budget carrier AirAsia is offering five million promotional tickets, starting from zero Vietnamese dong, until September 9. The tickets are valid for travel between February 18 and November 26 next year.
Vinamilk inks deal with Cho Ray Hospital (Wednesday, September 5,2018)
Dairy processor Vinamilk has signed a strategic cooperation agreement with Cho Ray Hospital for the 2019-2021 period, aiming to provide healthcare, develop specialized nutritional products for patients and offer training for clinical nutrition experts to help them meet international standards.
FastGo to launch ride-hailing services in Danang (Wednesday, September 5,2018)
Ride-hailing service firm FastGo has announced plans to roll out services in the central coastal city of Danang on September 10, comprising FastBike, FastCar and FastTaxi. Besides this, it will organize reward programs for its driver-partners who earn a high income and demonstrate good performance.
Company to invest VND700 billion in Nga Bay floating market (Wednesday, September 5,2018)
A company has proposed to the authorities of the Mekong Delta province of Hau Giang a plan to develop tourism at the local famous Nga Bay floating market, Nga Bay town, at a cost of more than VND700 billion (nearly US$30 million).
UNIQLO to open first store in Vietnam next year (Tuesday, September 4,2018)
Japanese casual clothing retailer UNIQLO unveiled its plans to open its first store in Vietnam during the fall of 2019, marking its further expansion in Southeast Asia.