Category: Business
Foreigners may have more options for owning property in Vietnam
Foreign individuals and organisations may be allowed to buy villas and detached houses in Vietnam, not only apartments as at present. This is among the revisions of the Law [...]
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Property investor seeks partners
Pacific Property and Infrastructure Development Joint Stock Company (PPI) is calling for investment into its two property projects in HCM City’s Thu Duc District. The [...]
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Work begins on tourism complex
Delta-Valley Binh Thuan Co Ltd has started work on the $400 million Thung Lung Dai Duong (Ocean Valley) tourism complex in the south central province of Binh Thuan. The [...]
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Users fall prey to mobile millionaire games, again
Mobile phone users are bombarded with SMS messages inviting them to join the lottery programmes to win seven-figure cash prizes from the network operators these days, but [...]
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Crane error blacks out one third of Vietnam
Over a third of Vietnam as well as the capital of neighbouring Cambodia suffered a blackout this week after a crane operator knocked a tree onto a key power line, electricity [...]
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ADB supports water supply, road upgrade
The State Bank of Vietnam on May 23 signed with the Asian Development Bank two agreements on loans and non-refundable aid worth a total 249 million USD to help Vietnam [...]
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Real estate body tips revival
The Vietnam Real Estate Association (VNREA) will continue to help its members overcome difficulties, advise and seek policy support from the government, and promote market [...]
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NA deputies propose removal of spending cap on advertising
Many National Assembly (NA) deputies proposed removing the cap on corporate advertising funding instead of increasing it to 15 percent of corporate expenses from current 10 [...]
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TLG to focuse on core business lines
On May 22, the shareholders’ meeting of Thien Long Group Joint Stock Co (TLG) has approved the plan to issue more than two million shares to pay dividend and raise [...]
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APS targets 15.3b dong of profit
On June 1, Apec Securities Company (APS) will summon an annual shareholders’ meeting to approve the revenue plan of 36.6 billion dong, in which, revenue from trading [...]
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Vietnam Cement Sales down 1.7 per cent in First Four Months
Vietnam cement sales in the first four months of 2013 fell 1.7 per cent YoY to 14.45Mt, the Ministry of Construction (MoC) has said. Sales in the first four months represent [...]
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Vietnam, Japan research genetically modified cassava
Vietnamese and Japanese scientists will conduct joint research into gene transplants designed to increase the starch synthesis capacity of cassava varieties. A document to [...]
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Business Briefs May 24
* The Securities Depository centre said that it has transferred the ownership of 389,057 shares of Long Hau JSC (LHG) from Ban Viet Securities Investment Fund to 21 investors [...]
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Loss and debts of SOEs
2011 audited financial reports of 271 subsidiaries of 27 State owned corporations and enterprises announced in May 2013 by State audit showed worrisome figures in this [...]
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BOT contract for Van Phong 1 thermo power plant to be signed in Q1/2014
Information from People’s Committee of the central province of Khanh Hoa said that, last weekend, the provincial leaders worked with investors of Sumitomo (Japan) and [...]
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