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Banks pursue sustainable growth

 The current development and future strategies of many local commercial banks are creating confidence about a sustainable growth of the banking sector.

Central bank wants ATMs to run efficiently before Tet

 The State Bank of Viet Nam (SBV) has asked the relevant agencies to ensure all
ATMs are operational in the months approaching Tet (Lunar New Year) holiday, when there is high demand for cash transactions.

Company in Hung Yen fined for environmental violations

 A company in My Hao District, northern Hung Yen Province, has been fined more than VNĐ600 million (US$26,000) for various environmental violations. 

Thanh Hoa add players, coach for local, international events

 FLC Thanh Hoa have introduced five new players, who were expected to help the team lift their performance at the next V.League season.

HCM City Book Expo to feature 350,000 publications

 The 10th HCM City Book Expo will open at Le Van Tam Park in District 3 in March.   

Confectionery fire kills at least one

A fire that raged yesterday at Trang An Viet Nam Confectionery Joint-stock Company in Bac Son Industrial Zone, Thanh Hoa Province, left at least one person dead.

Dong Van Karst Plateau tourism development plan approved

 The Prime Minister has recently given the green light to a tourism development master plan for Dong Van Karst Plateau national tourism site in the northern mountainous province of Ha Giang until 2025 with a vision towards 2030.

K-Pop to take stage in Da Nang countdown

 The K-Pop trio, Simon Dominic, Gray and Loco, will perform at the New Year Countdown Party Midnight Kiss at the coastal entertainment centre, Coco Bay Da Nang.

Garment-textile export earnings likely to hit $31 billion

 Vietnam’s exports of textile and garment in the last two months of 2017 was estimated at 5.27 billion USD, bringing the total export revenue this year to 31 billion USD, a year-on-year increase of 10.23 percent.

Many flights cancelled due to typhoon Tembin

 Vietnam Airlines and several other carriers have cancelled or adjusted the schedule of many flights to and from areas to be affected by typhoon Tembin. 

Vinacomin sets to sell 36 million tonnes of coal in 2018

 The Vietnam National Coal and Mineral Industries Corporation (Vinacomin) set a goal of selling about 36 million tonnes of coal in 2018, up 2.5 million tonnes compared to 2017.

Jeju Air to open route to Da Nang in early 2018

 The Republic of Korea’s Jeju Air announced it would open some new routes to several Southeast Asian destinations, including Vietnam’s central city of Da Nang, between December 2017 and February 2018. 

3.2-magnitude quake hits Vietnam-Laos border

 An earthquake with a magnitude of 3.2 on the Richter scale occurred at about 3pm on December 25 in the Vietnam-Laos border area, according to Nguyen Thai Son, head of the Dien Bien Phu Seismic Observation Station.

HCM City to host ao dai festival in March

 Ho Chi Minh City will host its annual festival to honour ao dai (Vietnamese traditional dress), which is known as the symbol of feminine beauty in Vietnam, during March 3-25.  

FLC to invest $1.5 billion in hi-tech farm

 FLC Group plans to invest 1.5 billion USD in hi-tech agriculture in Vietnam in the 2018-20 period.

Rice exports beat low expectations in 2017

 Contrary to pessimistic forecasts earlier in 2017, after a drop in 2016, the country’s rice exports had a successful year in 2017, with some higher-than-expected figures.

VNPT wants to sell finance subsidiary for VND500b

 Viet Nam Posts and Telecommunications Group (VNPT) wants to sell all the assets of its finance subsidiary Post and Telecommunication Finance Company Limited (PTF) for at least VNĐ500 billion (US$21.9 million).

MA in real estate sector to increase in 2018

 Merger and acquisition (M&A) deals in Viet Nam’s real estate sector are forecast to increase in 2018, driven by the market’s significant potential, experts said.

VNPT’s third attempt to divest Maritime Bank coming up

Vietnam Post and Telecommunications Group (VNPT) is auctioning 71,577,141 million Maritime Bank (MSB) shares in a single-batch sale on January 18 on the Hanoi Stock Exchange (HNX).

Vietnam instant noodle market controlled by three big brands

VietNamNet Bridge - Fifty instant noodle manufacturers exist in Vietnam, but the market is controlled by three big players, namely Acecook, Asia and Masan.