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Vietnam Airlines announces first trading session on HSX

The HCM City Stock Exchange (HSX) on May 7 officially opened the first trading session of over 1.4 billion Vietnam Airlines shares (code HVN)

FLC Group lost $9.6 million due to H.A.I stock

In its first quarter consolidated financial report, FLC has to set aside a provision of VND220 billion ($9.6 million) for the investment of VND261 billion ($11.35 million) in H.A.I as the stock has been plummeting.

 

K+ takes on heavy losses for market expansion strategy

Going into huge expenses to obtain the broadcasting rights to many football leagues, K+ television in 2018 suffered VND350 billion ($15.2 million) of loss, raising its accumulated losses to VND3 trillion ($130.4 million).

Circular leverages foreign investors in SOE equitization

Foreign investors will be able to put down deposits and collateral in foreign currency when participating in auctions to purchase shares in State-owned enterprises next week, according to a circular of the State Bank of Vietnam.

 

89 cases of measles recorded in Hanoi

As many as 89 cases of measles have been recorded between April 19 and May 5 in the capital city of Hanoi, according to a report released on May 6 by the Hanoi Centre for Disease Control.

 

Vietnamese police arrest two Chinese fugitives

Police in Mong Cai city, Quang Ninh province, arrested two Chinese fugitives on May 7 who are currently wanted by police in China.

 

FDI to Vietnam’s property market increases 36% in Q1

Most of the capital influx was poured into the industrial property segment through mergers & acquisitions (M&A) deals.

 

Trial opened for major drug trafficking, production ring in HCM City

The People’s Court of Ho Chi Minh City opened on May 7 the first-instance trial on a drug trafficking and production ring, the biggest of its kind in Vietnam when being uncovered in 2017.

 

Vietnam Airlines to pay $63.9 million cash dividend

National flag carrier Vietnam Airlines, listed under code HVN, plans to pay cash dividends for 2018 at the rate of 10 per cent of charter capital, estimated at VND1.49 trillion (US$63.9 million).

 

Viettel Global posts highest profit in four years in 2018

Viettel Global Investment JSC, a subsidiary of Viettel Group, posted a gross profit of US$277.7 million in 2018, the highest level in the past four years and representing a year-on-year increase of 19 percent.

 

Preparations for UN Vesak Day urged to complete this week

Deputy Prime Minister Truong Hoa Binh asked for the completion of all preparations for United Nations Day of Vesak 2019 celebrations on May 10.

 

Vietnam's traditional fish sauces need to be promoted: experts

Vietnamese traditional fish sauce makers need to step up marketing to promote their products both at home and abroad, experts said.

 

​​​​​​​PM chairs conference on southern economic growth

Government officials, business groups and executives, and experts gathered at a conference in Dong Nai Province’s Bien Hoa City on Monday to discuss measures to enable the southern key economic region.

Pacific Partnership programme 2019 opens

The Pacific Partnership programme 2019 (PP19) kicked off in Tuy Hoa city, Phu Yen province, on May 6.

 

Hanoi struggles to get parking projects built

Hanoi authorities are struggling to find ways to attract investors for major parking lot projects.

 

Prime Minister of Nepal to visit Vietnam, attend UN Day of Vesak

The Prime Minister of Nepal, K P Sharma Oli, and his spouse will pay an official visit to Vietnam and attend the UN Day of Vesak 2019 to be held in the country from May 9 to 13 at the invitation of Vietnamese Prime Minister Nguyen Xuan Phuc.

 

Forum encourages development of VN tech firms

The National Forum on Developing Vietnam Technology Companies will be held for the first time in Hanoi on May 9, said Deputy Minister of Information and Communications Phan Tam.

 

Gen Giap’s strategic rethink-decisive factor to Dien Bien Phu victory

The Dien Bien Phu victory on May 7, 1954 was Vietnam’s biggest victory in the resistance war from 1945 to 1954.

Value for money

FDI is expected to see something of a boom this year but the focus needs to remain on quality over quantity.

Exhibition spotlights Dien Bien Phu victory

An exhibition on the Dien Bien Phu campaign and victory is underway in Hanoi. The event is part of the activities to celebrate the 65th anniversary of the Dien Bien Phu victory in 1954.