Category: Vietnam
Chinese brands grab 39pct of Vietnam smartphone market
Xiaomi and Huawei were the two fastest growing mobile phone brands in Vietnam in the second quarter, technology industry analyst Counterpoint reports. They grew respectively [...]
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Chinese investors flock to Vietnam to develop coal-fired thermopower plants
Many coal-fired thermopower projects have been proposed recently despite environmentalists’ call to stop developing thermal power. Most of them are Chinese invested. A [...]
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Vietnamese steel sector amidst US-China trade war
Improving material supply and proving product origin are ways to limit the impact of trade defence lawsuits amid the growing US-China trade war, according to insiders. The [...]
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Business Briefs 16 Aug 2018
* Vietnam National Petroleum Group (PLX) has asked the Ministry of Industry and Trade to approve the lifting of its foreign ownership limit from the current 20% to 49% in [...]
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Hue targets $56mil in investment this year
The central province of Thua Thien-Hue is targeting total investment of VND13 trillion (US$56 million) from enterprises this year, an increase of 20 per cent over last [...]
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Concern about exchange rate gradually eased
The central rate of dong/US dollar on 9th August was at 22,666 dong/US dollar, down five dong compared to the previous day. This shows that the exchange rate is being [...]
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Residential project begins construction in HCM City
Unicons Investment Construction Co. and G Homes House Development JSC, a joint venture of Frasers Property Limited and An Duong Thao Dien Real Estate Trading Investment JSC, [...]
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Hanoi sets up 80 safe farm produce chains
Hanoi has so far established 80 chains of safe farm produce, according to the municipal Department of Agriculture and Rural Development. Of the total, there are five [...]
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Qatar National Bank names Vietnam as Asia’s newest ‘tiger’ economy
The latest ‘tiger’ economy in Asia is Vietnam as the country emerges as one of the world’s fastest growing economies, said the Qatar National Bank (QNB) in [...]
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Reference exchange rate drops on August 15
The daily reference exchange rate for August 15 was adjusted down 1 VND from the previous day to 22,685 VND/USD. With the current trading band of +/- 3 percent, the ceiling [...]
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Ninja Van offers free 5-day logistics services in 4 cities
Ninja Van, a Singapore-based logistics company, on Tuesday, August 14, launched free delivery services for a limited period of five days in four cities—HCM City, Hanoi, [...]
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Unblock bottlenecks for development of aviation infrastructure say experts
Although Vietnam’s aviation industry has great potential for development, there remain bottlenecks which need to be removed, especially in infrastructure development. [...]
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Vietnam Super Committee to manage fewer state firms
The committee will not manage SOEs` performance, but only look after state capital and assets. In the latest draft on its operation, Vietnam’s Committee for State [...]
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August 14: VN Index up 0.02pct
HNX-Index the only loser. The VN Index ended August 14 on HSX at 978.27 points, up 0.23 points (0.02 per cent), while the VN30-Index closed at 965.60 points, up 5.58 points [...]
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Korean investors eager to purchase real estate in Vietnam
A high-end resort at the coastal province of Quang Nam has received an order of 250 condotels from its partner to resell to South Korean buyers. Vietnam has seen an influx of [...]
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