Low-cost airline launches Da Nang-Hong Kong route Low-cost airline launches Da Nang-Hong Kong route

Low-cost airline Hong Kong Express has officially introduced a new flight route between Da Nang and Hong Kong.

Japan commits $936m in ODA Japan commits $936m in ODA

Japan has committed US$936.4 million in official development assistance (ODA) to Viet Nam for socio-economic development.

Qatar bank opens representative office in HCM City Qatar bank opens representative office in HCM City

The Qatar National Bank opened a representative office in Ho Chi Minh City on Monday with the stated objective of promoting trade between the two countries.

Real estate association sets up brokerage branch Real estate association sets up brokerage branch

The Viet Nam Real Estate Association (VNREA) will establish a brokerage branch to support, represent and protect the rights and interests of organisations and businesses dealing with real estate brokerage.

Viglacera prepares for last quarter IPO Viglacera prepares for last quarter IPO

(Apr 21, 2015)

State-owned Viglacera Corporation plans to raise its charter capital from VND2.64 trillion (US$122.2 million) to VND3.07 trillion ($142 million) and make an initial public offering (IPO) in the last quarter of 2015.

Vingroup to enter the exhibition and fair industry

Property developer Vingroup has contributed nearly VND1.5 trillion to become a strategic stakeholder of the Viet Nam Exhibition and Fair Centre JSC after acquiring an 89.42 per cent stake in the Viet Nam Exhibition Fair Centre One Member Co. Ltd. (VEFAC).

Asian markets slump

Major Asian indices closed down on April 20. Leading the downward trend, the Hang Seng Index lost 558.19 points to close at 27,094.93 in Hong Kong.

Stock market falls on low liquidity

The national stock market declined on low liquidity this morning.

HDBank to raise total asset value by 21.5% this year

The HCM City Development Joint Stock Bank (HDBank) plans to increase its total asset value from the current VND99.525 trillion (nearly US$4.62 billion) to VND120.882 trillion ($5.61 billion) this year.

Loss-accumulating firms to be delisted

After suffering losses for the last three years and allowing accumulated losses to exceed chartered capital, 15 companies listed on the Ha Noi Stock Exchange (HNX) will be delisted, said Nguyen Vu Quang Trung, HNX's deputy director general.

MPC mulls issuing non-convertible bonds to raise more working capital

Minh Phu Seafood Corporation JSC (MPC) may decide to issue 2,500 non-convertible bonds for periods of three years or more at the annual shareholders meeting on April 18.

Shanghai rises, but most Asian indices end lower

Most Asian indices slipped, while the Shanghai Composite Index increased by 92.57 points to reach 4,287.30 in China on April 17.

Insurer Bao Viet targets $45 million annual profit

Insurer Bao Viet Holdings is targeting a consolidated revenue of over VND 18.9 trillion (US$879 million) this year, including an after-tax profit of VND1.14 trillion ($45 million).

VN-Index climbs as blue chips rally

The VN-Index continued to rise this morning, adding another 0.39 per cent to close at 570.47 points, propped up by blue chips.

BIDV Insurance to issue shares for foreign investors

BIDV Insurance Corporation will consult shareholders about a plan to issue 41 million shares for strategic foreign investors at its shareholders meeting on April 20.

Starbucks opens first outlet at shopping mallStarbucks opens first outlet at shopping mall

Starbucks Viet Nam has opened its ninth outlet in HCM City on Sunday, showing its commitment to thoughtful and disciplined growth in the country.

CPA strengthens partnership with Viet NamCPA strengthens partnership with Viet Nam

Viet Nam's recent integration into the ASEAN economic community will provide opportunities for Vietnamese businesses in all sectors, including the accounting and auditing profession.Vietnam News speaks to Adam Awty, Chief Operating Officer – Commercial, CPA Australia, about these changes.

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