Category: Vietnam
Government directs review of national grid overload due to solar power boom
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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VPBank prices $300 million under $1 billion EMTN programme
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has raised $300 million from issuing three-year bond notes to international bondholders. The nominal yield rate [...]
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Japanese conglomerate to expand VN operations
Kyocera a multi-sector group from Japan plans to expand its operations in Vietnam as it considers the country as one of its two most important production hubs in Asia. The [...]
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First commercial mediation centre launched in Vietnam amid rising trade deals
The centre aims to provide dispute settlement in the context of rising trade relations in Vietnam. The Vietnam International Commercial Mediation Centre (VICMC), the first of [...]
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Tax debts, tax evasion remain rampant: deputy minister
Despite the tax offices’ efforts with tax collection management, tax evasion and tax debts among enterprises remain rampant, stated deputy minister of Finance Tran Xuan [...]
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Shares move against regional trend on low liquidity
Vietnamese shares moved against the general trend in the region on Monday, driven down by slumps of heavyweight stocks such as Vingroup, brewer Sabeco and steelmaker Hoa Phat [...]
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Nike supplier look beyond Vietnam for risk diversification
Firms are realising that no nation is tariff-proof enough to serve as a global supply hub. Taiwan-based Eclat Textile, sportswear supplier to Nike and Lululemon Athletica, [...]
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Vietnam 5-star hotels revenues rise on strong demand
Five-star hotels last year reported higher revenues as room rates increased thanks to increasing demand from foreign visitors. Their revenue per room available grew by 5.4 [...]
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Vietnam, Malaysia see trade drop in H1
Trade revenue between Vietnam and Malaysia reached 5.48 billion USD in the first half of 2019, down 6.2 percent year-on-year, according to Vietnam’s Trade Office in [...]
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VN Index falls slightly amid dull trade
Some bank stocks such as VCB and TCB made strong increases today, July 15, but the local market still declined slightly for the second straight session as other top [...]
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Once-popular karaoke brand Arirang shut down
Electronics and food retailer Phu Nhuan Service JSC (Maseco) is closing its once-popular karaoke and electronics brand Arirang. The decision to close was taken after four [...]
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PV Oil estimates $1.54 billion in H1 revenue
PetroVietnam Oil Corporation (PV Oil) estimated its consolidated revenue in the first half of 2019 reached nearly VND35.8 trillion (US$1.54 billion), 73.1 per cent of its [...]
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Dong Nai meets 2019 FDI target in just six months
The southern province of Dong Nai completed its full-year target for foreign direct investment (FDI) attraction in the first half of the year, according to the provincial [...]
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FDI firms to be listed soon: Ministry of Finance
The Ministry of Finance will soon release a policy to put foreign direct investment (FDI) firms on the stock market. According to the ministry’s six-month report on the [...]
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Tech alliance to spur logistics
Technological solutions are transforming every aspect of Vietnamese industry, including logistics. Chairwoman of IMG Logistics, Nguyen Thi Thu Hien, discussed with [...]
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