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Vietcombank to sell 7.6 million Vietnam Airlines’ shares

 Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has registered to sell 7.6 million shares of Vietnam Airlines Corporation, which is listed as HVN on the stock market.

HCM City's construction master plan approved

 The Ministry of Construction said on January 23 that  its adjusted construction master plan for the Ho Chi Minh City Zone to 2030 with a vision to 2050 had been approved by the Government last month.

PVP Land asset embezzlement case brought to trial

The Hanoi People’s Court on January 24 opened the trial for Trinh Xuan Thanh and his accomplices accused of “asset embezzlement” at PetroVietnam Power Land JSC (PVP Land). 

Illegal transport of 114 pangolins found in Ca Mau

 Local law enforcement forces of the southernmost province of Ca Mau recently uncovered the illegal transportation of 114 pangolins, the Department of Forest Rangers said on January 23.

APPF in forefront of fostering sustainable development goals

APPF-26 focused discussions on different aspects of the theme “Parliamentary Partnership for Peace, Innovation and Sustainable Development”, reflected by its efforts to strive for gender equality and promote the implementation of the SDGs.

Deposits withdrawn as scarcity of imported autos sends prices up

 Car buyers have withdrawn their deposits due to prices being higher than expected and tougher rules making imports more difficult.

Just half of registered businesses in Vietnam operational

 Vietnam had around 505,000 operational enterprises though the number officially registered was one million as of early last year, according to the General Statistics Office (GSO).

Trade, investment cooperation should drive ASEAN-India ties: PM

 Trade and investment cooperation should be targeted as the main engine and first priority for the ASEAN-India strategic partnership, said Prime Minister Nguyen Xuan Phuc. 

EuroCham urges Vietnam to relax visa requirements

EuroCham has proposed the Vietnamese Government relax visa requirements including visa exemptions for more countries, visa on arrival and specific visa rules for those tourists re-entering the nation in less than 30 days.

Vietnam’s cosmetics imports double to US$6 billion

 Vietnam’s cosmetics imports hit nearly US$6 billion in 2017, twice as much as in 2016, heard a conference on natural and organic cosmetics held by the Vietnam Cosmetic Distributor and Retailer Club in HCMC on January 19.

Conditions on establishment of FIEs’ for retail activities

 The Government issued Decree No.9/2018/NĐ-CP defining the conditions on the establishment of retail activities of foreign invested enterprises (FIEs) in Viet Nam. 

Vietnamese crazy about foreign brands

Fashion, fast food, beverage, cinema and retail brands have been opening more and more stores in Vietnam as the retail sector has seen fast growth in recent years.

VNG’s Zombie receives 1mln downloads via Google Play

 Dead Warfare: Zombie is a name of fictitious shooting game of the VNG Corporation (Vinagame) which was ranked the fifth position of “Android Excellence's apps and games” nominated by Google on Android Excellence system.

Locally-made confectionery holds upper hand against foreign kinds in market

 This year, confectionery market starts earlier than previous years with various kinds in beautiful designs, especially Vietnamese-made goods as Vietnamese-made products hold the upper hand against foreign kinds.

HCM City region important economic center in Asia-Pacific by 2050

HCMC will be the leading motive force of the country and international trade hub with high adaptability toward balanced and sustainable development, playing the role of an important economic center in Southeast Asia and Asia-Pacific.

Outpouring of congratulations and rewards to U23 VN football team

 Prime Minister Nguyen Xuan Phuc phoned in to congratulate the national team on their superb win against Qatar that has electrified the nation and sent Vietnam to the final of the U23 Asian Championship.

Further enhancing ASEAN – India strategic partnership

PM Nguyen Xuan Phuc, his spouse and a high-ranking delegation of Vietnam has left Hanoi for India in order to attend the ASEAN – India Commemorative Summit and the celebration of the 69th Republic Day of Indian.

ASEAN firms face $750 billion loss from cyber attacks

 According to a recent research commissioned by Cisco, the little investment in cyber security at the ASEAN’s top listed firms is the main reason behind these firms standing to lose $750 billion of their current market capitalisation to cyber attacks.

Shake-up in foreign-invested refinery and petrochemical projects

 Foreign investors have adjusted their reported changes in ownership as well as schedules for commercial operation in Long Son Petrochemical (LSP) and Nghi Son Refinery and Petrochemical (NSRP).

H&M to open third store in Vietnam

 Renowned international fast-fashion brand Hennes & Mauritz (H&M) is set to open its third major store in Vietnam, on January 27.