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HCM City receives $3.8 billion in remittances in ten months

 Overseas Vietnamese sent home 3.8 billion USD through Ho Chi Minh City-based financial institutions during January-October.

Vietnamese designer opens show in Malaysia

 Designer Do Trinh Hoai Nam has opened a fashion show at the Council of ASEAN Fashion Designers event in Kuala Lumpur, Malaysia.

Vietnam’s internet economy to reach $9 billion in 2018

 The Vietnamese internet economy has almost tripled in three years to reach 9 billion USD in 2018, driven by e-commerce and online media, a new report released by Google and Temasek showed.

Debussy and de Falla join forces with a world premiere

 The HCMC Ballet and Symphony Orchestra (HBSO) is presenting a program on Thursday, November 29, featuring a world premiere by Spanish composer Iluminada Perez Troya.

Procuracy proposes harsh punishments against former top cops

 The Phu Tho People’s Procuracy yesterday proposed handing down jail terms on former senior officers at the Ministry of Public Security and other defendants for their alleged involvement in a multimillion-dollar online gambling ring.

Businesses concerned over interest rate hike

 Interest rates for Vietnamese dong savings are rising, so local enterprises are afraid that their borrowing costs will surge as they need loans to fund their goods production plans for the upcoming Lunar New Year holiday.

Vietnam among top 5 PPI countries for first time: WB

 Vietnam was in the top five among 34 countries ranked for private participation in infrastructure (PPI) projects in the first half of this year, the World Bank said in a report released earlier this week.

Who is the most profitable retailer?

Analysts several years ago predicted that foreign retailers, with their powerful financial capability and experience, would dislodge Vietnamese retailers out of the home market. But their business results have become worse.

Long Thanh Airport scheduled for operation in 2025

 The Long Thanh International Airport project in the southern province of Dong Nai has been scheduled to begin construction in 2020 and operate in 2025, according to Airports Corporation of Vietnam.

Floating restaurants abandoned on the West Lake

 Many boats have been left to deteriorate at Hanoi’s West Lake while owners are still waiting for decisions from local authorities.

Vietnam’s securities companies woo foreign investors

 Besides buying shares of Vietnam’s large securities companies, foreign investors have also poured significantly in domestic small securities companies through merger and acquisition (M&A).

Taiwanese tech giant ASUS ponders Vietnam for production relocation

 US and China’s firms are looking at shifting production, assembly or sourcing of supplies to third countries, with Southeast Asia as the leading choice.

European firms advised to partner with Vietnamese peers

 Some 80 percent of EuroCham members also believe the EVFTA will improve Vietnam’s competitiveness compared to other countries such as China, Japan and South Korea.

Tourism consultancy services in high demand

One of the best jobs now is tourism consultancy, especially giving advice to local authorities on local tourism development.

Digital transformation emphasised as urgent tasks

 Enterprises need to change their mindset to move into the digital world ahead of the fourth industrial revolution, a government official said this week.

667 SOEs equitized but yet listed

 As many as 667 equitized State-owned enterprises (SOEs), including many big names, have yet to list their shares on the stock exchanges so far, said Minister of Finance Dinh Tien Dung on November 21.

Tech titans in Vietnam office riddle

 Facebook and Google remain quiet about their next step responding to the threat of Vietnam kicking them out if they fail to set up branches or representative offices in the country.

Stories Sabeco would rather forget

 The year 2018 is going to end soon but the giant Sabeco seems to have an “unlucky” year with ghost of its past returning to haunt it.

Airport in HCMC to have 37 more parking slots

Tan Son Nhat International Airport in HCMC will have an additional 37 aircraft parking slots prior to the Lunar New Year early next year. 

Artist Nguyen Minh Nam to put on show at Craig Thomas Gallery

 Hanoi-based artist Nguyen Minh Nam will hold an exhibition at Craig Thomas Gallery in District 1, HCMC from November 23 to December 10.