news Vietnam

Update news news Vietnam

Kien Luong 1 thermal power plant demands compensation

 After Kien Luong 1 thermal power plant was removed from the Revised National Power Development Master Plan VII, Tan Tao Energy JSC (TEC) requested the government to either pay compensation or add the project to the National Power Development Plan.

Minh Phu now one of world’s largest seafood companies, to list on HSX

 Undercurrent News has just announced the world’s 100 largest seafood companies, including Minh Phu Seafood JSC (code: MPC)—the only company of Vietnam in the top 50—which climbed 12 steps to the 41st position.

Reasons behind major IPO failures

 Since the beginning of 2018, the initial public offerings (IPOs) of major businesse saw flat results. What stands behind these failures and what lessons can be drawn?

Vietnam wins opening rounds of Chess Olympiad

 Vietnamese chess players on September 24 scored their first win, emerging victorious over Taiwan and Honduras, in the first round of the 2018 Chess Olympiad taking place in the Batumi, Georgia.

Vietnam’s first field hospital to leave for South Sudan

 Vietnam’s first level-2 field hospital will leave for its mission in South Sudan on October 1 as part of its UN peacekeeping contributions.

Early Doi Moi Hanoi through a Japanese lens

 50-year-old Yuichi Kobayashi, has lived in Hanoi for 14 years and holds special feelings for the capital.

Northern cold spell predicted

 The northern region is expecting a North-east monsoon which could bring a light cold spell during this weekend.

Traffic ban for state president funeral

 Hanoi will ban traffic from many streets during the two-day funeral of State President Tran Dai Quang.

Foreign investors eye Vietnam’s e-wallet market

 Foreign investors have poured into Vietnam’s e-wallet sector as they see huge growth potential in the market in the wake of the Government’s plan to reduce cash payments to below 10 per cent of the total payment transaction by 2020.

Competition in ride hailing market enters new period

VietNamNet Bridge - After the departure of Uber, the battle in the ride hailing market has heated up with the participation of many newcomers.

Additional 17 stocks put under alert, supervision and trading suspension on HNX

 The Ha Noi Stock Exchange (HNX) has announced an additional 17 shares subject to alert, supervision and trading suspension.

Vinalines to offer IPO’s unsalable shares by end-September

 State-owned shipping firm Viet Nam National Shipping Lines (Vinalines) has announced a second share auction just three weeks after its initial public offering on September 5.

Property developers diversify

 Property developers are looking to other channels to raise capitals, such as bond issuance, as credit policies for property development are gradually being tightened.

Ministry upbeat about 2019 economic outlook

 Viet Nam’s economy has a bright outlook in 2019 thanks to a stable macro-economy, according to the Ministry of Planning and Investment.

VN fruits need to gain domestic market before exporting: experts

 Vietnam’s fruit sector should focus on gaining trust from domestic consumers before focusing on exports, said deputy general director of the Plant Cultivation Department.

Hospitality firms see Vietnam’s potential

 Vietnam has emerged as a promising market in the hospitality sector among ASEAN-member countries, especially for luxury hotels and resorts, speakers said at a hotel and resort conference held on Monday in HCM City.

Hanoi street aflush with purple petunias

 Passing through Phan Trong Tue Street these days, visitors will be delighted by a carpet of purple petunia flowers (chieu tim flowers) which are in full bloom.

Vietnamese painters’ works put on shown in New York

 Outstanding artworks by 17 Vietnamese painters are being displayed at Craig Thomas Gallery as part of the CTG Nomad project in New York from September 23-26.

Sa Huynh seafood village in Quang Ngai province

Sa Huynh village in Duc Pho district is viewed as the heart of the seafood processing sector of the central coastal province of Quang Ngai, as it handles hauls of nearly 1,500 fishing boats.

HCM City: multi-million dollar port in danger of closure

Since June 2017, the Saigon Premier Container Terminal (SCPT) in Nha Be district has not received any large-tonnage container vessel. The thirst for goods is causing the multi-million dollar port to incur big losses.