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Business Briefs 19 Jun 2018

19-Jun-2018 Intellasia | | 11:37 AM

* Petrolimex Information Technology and Telecommunications Company (PIA) will make a dividend payment at48 percent for 2017 with the record date set for June 21. Of the [...]
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Hanoi leads in six-month FDI attraction for first time

19-Jun-2018 Intellasia | NDO/VNA | 6:02 AM

Hanoi drew in more than $5.9 billion in FDI in the first half of 2018, making it the country’s largest six-month FDI attractor for the first time in three decades, said [...]
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Decree 116 moves foreign car makers to expand production in Vietnam?

19-Jun-2018 Intellasia | VIR | 6:02 AM

Vietnam’s policy on tightening car import regulations under Decree 116 may be the main reason behind foreign car makers’ decision to expand production in Vietnam. [...]
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Vietnam builds IT and foreign language centre

19-Jun-2018 Intellasia | Hanoi Times | 6:02 AM

Construction started on June 14 on the second phase of the information technology and foreign language centre of the Defense Ministry’s Telecommunications University in [...]
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Furniture firms must use domestic materials

19-Jun-2018 Intellasia | VNS | 6:02 AM

The world’s wooden interior decor market is predicted to grow at 3.5 per cent in 2018 and continue expanding, providing opportunities to Vietnamese businesses to [...]
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Foreign giants earn almost 90pct of profits in beer business

19-Jun-2018 Intellasia | Thanh Nien | 6:02 AM

After Saigon beer, the Ministry of Industry and Trade (MOIT) is going to divest the majority of stake from Hanoi Beer-Alcohol-Beverage Corporation (Habeco) in this year. The [...]
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Sticky rice sees price reduction

19-Jun-2018 Intellasia | VNS | 6:02 AM

The prices of Vietnam’s sticky rice are facing a downward trend due to its over-supply and dependence on a single large market, according to the Department of Farm [...]
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Banks rush to provide consumer loans, compete with finance companies

19-Jun-2018 Intellasia | Vietnam Net | 6:02 AM

The State Bank of Vietnam says that outstanding consumer loans exceeded VND1,000 trillion in 2017, but market share held by finance companies shrank to less than 10 percent, [...]
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Being smart in the ‘smart’ era

19-Jun-2018 Intellasia | VNS | 6:02 AM

Creating a smart factory is the objective of all of Vietnam’s leading manufacturers but internal and external obstacles must be tackled. A robot called DX2 was [...]
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HCM City in property boom

19-Jun-2018 Intellasia | VNS | 6:02 AM

The HCM City housing market will continue to grow this year, especially the VND1 billion (US$44,000) condo segment, the HCM City Real Estate Association (HoREA) has [...]
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Investor of Trung Luong-My Thuan Expy gets funds for construction

19-Jun-2018 Intellasia | The Saigon Times | 6:02 AM

The investor of the Trung Luong-My Thuan Expressway has negotiated an agreement with four local banks to receive VND6.86 trillion (US$298.7 million) to develop the [...]
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An Giang to seek investors for 54 projects

19-Jun-2018 Intellasia | The Saigon Times | 6:02 AM

Mekong Delta’s An Giang Province plans to call for investment in 54 projects across fields such as agriculture, tourism, industry, transportation, construction and [...]
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Unlike others, Techcombank and HDBank target at wholesale

19-Jun-2018 Intellasia | VNF | 6:02 AM

The strategy of reducing wholesale and increasing retail is a very typical strategy which has been carried out by commercial banks, especially state-owned ones, over the last [...]
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Vietnam’s hotel market attracts foreign management companies

19-Jun-2018 Intellasia | Dti News | 6:02 AM

Vietnam has witnessed an influx of international hotel brands and hotel management companies in the last few years, according to property consultant Savills Vietnam. From 30 [...]
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Viettel’s general director appointed as new chair

19-Jun-2018 Intellasia | VNS | 6:02 AM

The prime minister has appointed Nguyen Manh Hung as the new chair cum general director of Viettel Military Industry and Telecoms Group, starting June 14, 2018. Hung is a [...]
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