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HCM City lacks licensed truck, container yards HCM City lacks licensed truck, container yards

The number of private, unlicensed container and truck yards in HCM City’s districts 2 and 9 continues to increase because of a shortage of legal truck yards in the city.

Latest
News
Cashew exports to China surge in April, but overall figures poor Cashew exports to China surge in April, but overall figures poor

Viet Nam’s cashew exports to China in April went up by a whopping 54 per cent to US$31.4 million.

Banking
VAMC to reclaim US$2.13 billion in bad debts VAMC to reclaim US$2.13 billion in bad debts

The Viet Nam Asset Management Company (VAMC) is expected to reclaim a bad debt figure of VND50 trillion (US$2.13 billion) in 2019, higher than the volume of 2018 which stood at VND30.9 trillion ($1.32 billion).  

Property
Phu My Hung to sell The Peak next week Phu My Hung to sell The Peak next week

Phu My Hung Development Corporation said this week it would launch the second phase of The Peak on May 26th following the successful first phase at the end of the first quarter.

Markets
Foreign traders buy $257.5m Vingroup's shares, both indices up Foreign traders buy $257.5m Vingroup's shares, both indices up

Shares advanced on Tuesday morning driven by growth of banks, with foreign investors buying a net value of VND6 trillion (US$257.5 million).

Tech
Korean threat actor targets Bluetooth devices Korean threat actor targets Bluetooth devices

ScarCruft, a Korean-speaking threat actor, has tested and created new tools and techniques, and extended both the range and volume of information collected from victims.

Wheels
Government leader requests steps to develop automobile manufacturing Government leader requests steps to develop automobile manufacturing

Prime Minister Nguyen Xuan Phuc requested that ministries, sectors and localities adjust their policies to speed the development of the automobile and support industries.

Biz Guide
E-commerce websites have to be registered E-commerce websites have to be registered

E-commerce website and must be registered or notified to the Ministry of Industry and Trade (MoIT).

Trending Stories
Quang Ngai solar plant debuts Quang Ngai solar plant debuts

The central province of Quang Ngai has put into operation the first solar power plant in Mo Duc District after three years of construction, supplying 28 million kilowatts per hour to the national grid each year and saving 21,000 tonnes of carbon emissions.

Media OutReach
Collins Celebrates A Bicentennial of Diary Making with Its 200th Anniversary

Corporate News

Fristi, Nat’l Children’s Council kick off environmental protection for children Fristi, Nat’l Children’s Council kick off environmental protection for children

Frieslandcampina Việt Nam’s Fristi brand is co-operating with the National Children’s Council to carry out a programme called “Along with Fristi to Protect the Environment” this year.

Business Insight

Qatar seeks to build on bilateral agreements to promote trade co-operation with Viet Nam Qatar seeks to build on bilateral agreements to promote trade co-operation with Viet Nam

Qatar Minister of Commerce and Industry Ali bin Ahmed Al Kuwari speaks with Viet Nam News reporter Thu Giang about his country’s economic growth and the relationship with Viet Nam.

Analyst's Pick

VN’s private sector: Growing but not strong VN’s private sector: Growing but not strong

The Vietnam Private Sector Economic Forum 2019 – an important channel for Government agencies and ministries to identify bottlenecks restricting the development of the private sector and listen to recommendations from the business community – finished last week. But how to make Vietnamese private enterprises grow strongly and sustainably remains an issue that cannot be addressed by just a two-day forum. 

Business Beat

Securities companies begin brokerage war as Govt scraps minimum rate Securities companies begin brokerage war as Govt scraps minimum rate

Stockbrokers’ revenues are expected to fall sharply after a price war broke out among them in the wake of Circular No 128/2018/TT-BTC, which took effect last February.