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Viet Nam ranks high in M&A Viet Nam ranks high in M&A

Viet Nam ranks high among ASEAN countries in the number of merger and acquisition (M&A) deals and the value of deals that involved the world's inflow capital, according to the consulting firm RECOF Corporation of Japan.


SSC to outline details of foreign ownership SSC to outline details of foreign ownership

This week, the State Securities Commission (SSC) will hold a meeting with the two local exchanges, companies and investors to provide instructions to implement decree 60, issued in June to raise foreign ownership in Vietnamese companies.


Malaysian bank receives approval for Viet Nam operations Malaysian bank receives approval for Viet Nam operations

The Government last week gave in-principle approval to CIMB Group Holding Bhd, Malaysia's second-largest bank, to open branches in Viet Nam.


Nearly $1.7b of FDI pours into real estate market Nearly $1.7b of FDI pours into real estate market

The country's property market attracted US$1.69 billion in foreign direct investment (FDI) for 15 projects in the first seven months of 2015, according to the Foreign Investment Agency.



Singapore Airlines to increase capacity
Updated: Friday, Dec 20, 2013 05:15 PM
Singapore Airlines will begin direct flights from the central city of Da Nang to Singapore in the second quarter of next year.— Photo centenaryclub.com
HCM CITY (Biz Hub) – Singapore Airlines will be flying its Airbus A330-300 aircraft on flights between Singapore and HCM City from the first day of 2014.

The aircraft has been operating on the Ha Noi – Singapore route since July 2013.

To commemorate the launch of A330-300 services between HCM City and Singapore, the airline is offering discounted fares in economy and business class from Viet Nam to various destinations for tickets purchased from December 4 to January 5, 2014.

In addition, from November 15, Singapore Airlines and Silk Air instituted a new baggage allowance, which increased to 50kg for first-class passengers; 40 kg for business-class passengers; and 30kg for economy-class passengers.

Currently, Singapore Airlines and its regional wing Silk Air conduct 14 flights weekly from HCM City, 11 flights weekly from Ha Noi and seven flights weekly from Da Nang to Singapore. — VNS


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OTHER NEWS
VINECO constructs $44.45 million greenhouse system in Vinh PhucVINECO constructs $44.45 million greenhouse system in Vinh Phuc

VINECO, a subsidiary of Vingroup, kicked off construction of the first greenhouse system, valued at VND1 trillion (US$44.45 million), in the northern Vinh Phuc province on August 28.

ICT companies call for level playing fieldICT companies call for level playing field

Viet Nam is currently one of the world's biggest exporters of electronics and ICT products, but the electronics supporting industry is mainly driven by foreign businesses.Do Thi Thuy Huong, a member of Viet Nam Electronics Industries Association's executive committee, tells Viet Nam News about the industry's development and challenges.

Viet kieu, foreigners invest in homes Viet kieu, foreigners invest in homes

The changes to the housing law allowing foreigners and Viet kieu (overseas Vietnamese) to buy houses in Viet Nam (from July 1) has had an impact on the housing market.

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