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Category: VietnamSubscribe via RSS Feed

80pct of SOEs handed over to CMSC report profits

17-Jul-2019 Intellasia | The Saigon Times | 6:02 AM

Up to 16 out of 19 State-owned enterprises (SOEs), whose State ownership management rights were handed over to the Commission for the Management of State Capital at [...]
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PAN Group bids for complete ownership of confectionary maker Bibica

17-Jul-2019 Intellasia | VN Express | 6:02 AM

Agricultural corporation PAN Group has made a bid for 7.7 million shares of Bibica, targeting a 100 percent stake. These shares are currently held by South Korean [...]
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Fund Availability Invigorates New Countryside

17-Jul-2019 Intellasia | VCCI News | 6:02 AM

Vietnam had 4,402 communes (49.38 percent of total communes) and 76 district-level units in 34 provinces and cities certified as new countryside areas by the prime minister. [...]
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Foreigners legible to make term deposits at local banks

17-Jul-2019 Intellasia | VNS | 6:02 AM

Resident and non-resident foreigners in Vietnam are still allowed to make term deposits at local banks despite some banks saying they would not accept savings deposits from [...]
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Samsung C&T alerts investors of Vietnamese company using its brand

17-Jul-2019 Intellasia | VNS | 6:02 AM

A Vietnamese real estate developer is reportedly promoting new apartments projects in HCM City and has invoked the brands of Samsung C&T a luxurious South Korean [...]
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VinCommerce and XAct Solutions sign deal to develop supply chain

17-Jul-2019 Intellasia | VNS | 6:02 AM

On Wednesday, Vingroup affiliate VinCommerce and Australia-based XAct Solutions Company signed a cooperation contract to develop an international-standard supply chain for [...]
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White book to give overview of collective economy, cooperatives

17-Jul-2019 Intellasia | VNA | 6:02 AM

Deputy prime minister Vuong Dinh Hue has asked the Ministry of Planning and Investment and the Vietnam Cooperative Alliance (VCA) to compile a “white book” on the [...]
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TPBank and UnionPay to expand card and QR Code payment in Vietnam

17-Jul-2019 Intellasia | VNS | 6:02 AM

Tien Phong Commercial Joint Stock Bank (TPBank) and the international payment brand UnionPay (UPI) on Monday officially signed a cooperation agreement on payment [...]
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Quang Ninh aims to gain centrally-run city status by 2025

17-Jul-2019 Intellasia | VNA | 6:02 AM

Quang Ninh province has made breakthroughs in local development, and is making efforts to become a centrally-run city and one of the economic locomotives of the northern [...]
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Northern power firm sells nearly 33 billion kWh

17-Jul-2019 Intellasia | VNA | 6:02 AM

The Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) sold nearly 33 billion kWh of electricity during the January-June period, a year-on-year surge of [...]
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Hanoi demands individual responsibility for delay in SOEs privatisation

17-Jul-2019 Intellasia | Hanoi Times | 6:02 AM

In the 2017 2020 period, Hanoi is tasked with privatising 15 state firms, divesting state capital in other 34 and SOEs’ share in 67 enterprises. Leaders at municipal [...]
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Mobile Money: Solution for cashless payment

17-Jul-2019 Intellasia | Phap luat TPHCM | 6:02 AM

When mobile money is widely deployed, it is not necessary to go through a bank account, people can use a mobile account for cashless transactions. In fact, although the [...]
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Quality key to enhancing garment, textile exports to Japan: experts

17-Jul-2019 Intellasia | VNA | 6:02 AM

Only by developing high quality and excellent designs could Vietnamese garment and textile firms boost their exports to Japan, a market that holds strict standards for [...]
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70pct of Vietnam’s low-cost houses built in Hanoi

17-Jul-2019 Intellasia | Hanoi Times | 6:02 AM

Hanoi expects to meet housing targets for 2020 required in the context of high urbanisation rate. Hanoi topped localities nationwide for developing more than 315,000 square [...]
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Government directs review of national grid overload due to solar power boom

17-Jul-2019 Intellasia | ChinhPhu | 6:02 AM

Prime minister Nguyen Xuan Phuc has tasked the Ministry of Industry and Trade to review a media report saying many solar power plants are operating under capacity due to [...]
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