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Category: VietnamSubscribe via RSS Feed

HK pushes aside giants, becomes second largest investor in Vietnam

13-Jan-2015 Intellasia | Bizhub | 6:00 AM

Hong Kong surpassed large investors, such as Japan, Singapore and Taiwan to become the second largest investor in Vietnam last year, according to the Foreign Investment [...]
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Hong Leong Bank opens fourth transaction office

13-Jan-2015 Intellasia | VNS | 6:00 AM

Hong Leong Bank Vietnam Limited has opened its fourth transaction office in the Cho Lon of HCM City’s District 6. Le Minh Tam, chief executive officer of Hongleong Bank [...]
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OCH’s account in Ocean Bank frozen

13-Jan-2015 Intellasia | DVO | 6:00 AM

The Ocean Hospitality and Service Joint Stock Company (coded OCH) has announced that the company’s account in Ocean Joint Stock Commercial Bank has been frozen since [...]
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Foreign banks look local for CEOs

13-Jan-2015 Intellasia | VNN | 6:00 AM

While local banks may prefer a foreign CEO, some foreign banks are now eyeing Vietnamese CEOs. Pham Hong Hai has been appointed the new CEO of HSBC Bank (Vietnam) Ltd, after [...]
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Dollar rates fall in most commercial banks

13-Jan-2015 Intellasia | VNS | 6:00 AM

The US dollar rates fell in the local commercial banks yesterday, two days after the State Bank of Vietnam weakened the dong by 1 per cent. The rates had soared in the market [...]
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Vinalines to sell Hai Phong Port shares to foreign investor

13-Jan-2015 Intellasia | VOV | 6:00 AM

The prime minister has authorised the Vietnam National Shipping Lines Corporation (Vinalines) to sell a portion of its Hai Phong Port shares to foreign investor Vietnam-Oman [...]
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Vietnam still seeking right way to import coal

13-Jan-2015 Intellasia | VietNamNet Bridge | 6:00 AM

Importing coal is clearly a must for Vietnam but the country is still unclear about the best way to do it. A report showed that by 2020, Vietnam will need 70 million tonnes [...]
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Mexico imposes high import duties on Vietnam rice

13-Jan-2015 Intellasia | TBKTSG | 6:00 AM

Mexico on January 9 starts to impose tariff rates of 20 percent and 9 percent respectively on rice and paddy imports from Vietnam, and local rice exporters said these high [...]
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Vietnam’s retail sales climb in 2014

13-Jan-2015 Intellasia | VNA | 6:00 AM

Vietnam’s total value of retail sales for goods and services in 2014 increased approximately by 10.6 percent when compared to last year, according to the general [...]
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Vietnam to import 81,000 tonnes of sugar this year

13-Jan-2015 Intellasia | TBKTSG | 6:00 AM

The ministries of industry-trade and agriculture-rural development have agreed on a sugar import quota of 81,000 tonnes this year and will select competent enterprises to [...]
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Over 62pct of Australia’s FDI in Vietnam poured into manufacturing and processing

13-Jan-2015 Intellasia | Tri Thuc Tre | 6:00 AM

As per the statistics of Foreign Investment Agency – FIA (the Ministry of Planning and Investment), Australia had 24 investment projects in Vietnam in 2014, ranking [...]
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Mong Duong 1 starts power generation

13-Jan-2015 Intellasia | TBKTSG | 6:00 AM

Vietnam Electricity Group (EVN) has announced that the first generator of Mong Duong 1 thermal power plant in Quang Ninh Province is supplying electricity for the national [...]
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Northwest draws $1.73b in FDI

13-Jan-2015 Intellasia | VNS | 6:00 AM

Vietnam’s Northwestern region attracted $1.73 billion in 106 foreign direct investment (FDI) projects in 2014, said the Foreign Investment Agency under the Ministry of [...]
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Ministry told to adjust tariffs on E5 bio-fuel imports

13-Jan-2015 Intellasia | TBKTSG | 6:00 AM

The government has told the Ministry of Finance to review and adjust tariffs on E5 bio-fuel imports to support domestic production of this product as its import duty now [...]
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Business Brief January 12

12-Jan-2015 Intellasia | | 2:59 PM

* Hoang Trong Nguyen, vice chair of Ha Tay Pharmaceutical Company (DHT), will offload 135,000 DHT shares to reduce his stake from over 7.8 percent to 5.7 percent between [...]
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