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No way out for PVN’s five loss-making projects

 Solutions for solving five loss-making projects of the Vietnam Oil and Gas Group (PVN) have been proposed but none of them have been finalized.

Vietnam to attend Philippine rice tender

 Vietnam will join a tender to supply 250,000 tons of rice for the Philippines, said Huynh The Nang, chairman of the Vietnam Food Association (VFA).

Personal consumer credit becoming lucrative business

VietNamNet Bridge - FE Credit is leading the consumer finance market with $1.4 billion worth of loans provided in 2016, accounting for 48 percent of market share. 

Quang Liem suffers third draw at Super GM tournament

Vietnam’s no. 1 chess player Le Quang Liem is still looking for a win at the ongoing 8th Hainan Danzhou Super Grandmaster Chess Tournament in China, after being held to a third consecutive draw by China’s no. 2 player, Yu Yangyi.

Only 12 SOEs may equitize this year

After equitizing nearly a decade ago, Habeco is currently resolving “disputes” in its negotiations with Carlsberg Breweries A/S, while Sabeco is busy selecting a consultant on the sale of State capital.

Vietnam's inflation down sharply in Q2

 Inflation fell sharply in the second quarter of 2017, in contrast with the ongoing trend since the end of 2015, the Vietnam Center for Economic and Policy Research (VEPR) wrote in a report released on July 10.

EVN's 2016 debt ratio may exceed 70%

 The recently-released 2016 audited financial statements of Electricity of Vietnam (EVN) reveal a highly-leveraged capital structure, with a debt ratio of over 70 per cent as at December 31 and most likely even higher.  

Vietnam summons Philippine chargé d' affaires over citizen safety

 Vietnam’s Ministry of Foreign Affairs on July 11 summoned the Chargé d' affaires of the Embassy of the Philippines in Vietnam asking the Philippines to quickly address the capture of Vietnamese citizens and ensure safety for them.

7-Eleven sees success in Vietnam after failure in Indonesia?

After 7-Eleven’s initial success in the Vietnamese market, people are still questioning its long-term achievements as competition among different brands of convenience stores in Vietnam is getting more intense.

Chinese sailor treated for accident

 A Chinese sailor was taken for hospital treatment after he was injured while working on his ship on July 11.

Foreigner attacked by five men says it was his fault

 A Dutch man who was beaten in the fight with a group of Vietnamese men admitted his fault that he was attacked, because he had insulted a car driver who had endangered him while driving. 

Vietnam logistics industry draws global attention

 As Vietnam emerges from international isolation and opens its markets, the expanded commercial trade offers significant opportunities for foreign transnational transportation and logistics companies, reports the Oxford Business Group.

Check in two hours before domestic flights: Airline

 National carrier Vietnam Airlines has asked all its passengers to do check-in procedures two hours before the departure time of their domestic flights at the Hanoi's Noi Bai International Airport.

Vietnamese Hungarian athlete competes in 17th FINA World Championships

 Vietnamese Hungarian athlete My Lan will compete in synchronised swimming at the 17th FINA World Championships scheduled for July 14 in Budapest, Hungary.

HCM City top national junior finswimming event

 HCM City topped the National Junior Finswimming Championships following two days of competition at the My Dinh National Sports Complex in Hanoi on Tuesday.

VN Central Bank launches new corebanking system

 The State Bank of Viet Nam (SBV) and FPT Information Systems (FPT IS) launched their corebanking, accounting, budgeting application and system integration on Tuesday in Ha Noi.

86% of firms listed on Hanoi Stock Exchange post Q1 profit growth

 Eighty-six per cent of firms listed on the Ha Noi Stock Exchange (HNX) posted profits during the first quarter of this year, the northern bourse has announced.

Hanoi Stock Exchange to hold pilot trading for derivatives market

 The Ha Noi Stock Exchange (HNX) will organise a pilot trading session on Wednesday to test and demonstrate the trading system of the derivatives market.

Active bank cards in HCM City rise to 11m

 There were some 11 million active bank cards in HCM City until the end of June, up 3 per cent from December last year, according to a report from the State Bank of Viet Nam’s HCM City branch.

Supermarkets stock more imports as retail war heats up

VietNamNet Bridge - Foreign supermarkets have stepped up distribution of their products as the retail war heats up.