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ASEAN Summit opens in Philippines

 The 31st ASEAN Summit kicked off in the Philippine capital of Manila on November 13 with the agenda focusing on peace, stability and cooperation.

Credit contacts

High demand among customers for financial products have encouraged banks and financial institutions in Vietnam to continually launch new services to the market. 

Mobile phone customers prefer installment payment method

 More than half of mobile phone transactions whose prices are over VNĐ10 million (US$439) are purchased on installment payments, according to statistics of Mobile World Group, FPT Shop and CellphoneS.

Vietnamese cueist wins bronze at World Championship

 Ma Minh Cam of Viet Nam secured a bronze medal at the Three Cushion World Championship, which ended in Santa Cruz, Bolivia, on Sunday.

Uber, Grab, Bitcoin and Vietnam’s digital economy

The fierce opposition by traditional taxi firms to Uber and Grab, the uncertainty of state management of bitcoins all show that it is necessary to amend the legal framework in the context of the digital economy.

PwC: Confidence levels high among business leaders

Confidence levels are high among business leaders in Vietnam, with up to 47 per cent of foreign investors planning to increase their investments in the country over the next 12 months, auditing and consulting firm PwC found in a recent survey.

Vietnam Airlines may sell additional 4.1% stake

 National flag carrier Vietnam Airlines will sell more shares to foreign investors, including possibly another airline, as part of its larger efforts to expand its fleet to meet growing travel demand.

Binh Son Refinery delays IPO to January 2018

A representative of Binh Son Refinery and Petrochemical Co., Ltd. insisted that BSR will launch its IPO according to the initial schedule, however, in reality, BSR has yet to find candidates for a strategic partnership.

Trade ties tighten amid leader visits

 In a week of international visits, Vietnam has upgraded its ties with Canada to a comprehensive partnership, while further strengthening its relations with Chile, China, and the US.

Habeco profit and revenue still on the downslope

 In spite of massive spending on advertisements, Hanoi Beer, Alcohol and Beverage Corporation (Habeco) reports a decrease in both revenue and profit.

Viettel Global to list 2.24 million shares on UpCOM

 Viettel Global JSC (a subsidiary of Viettel Group), plans to list 2.24 million shares on the Unlisted Public Company Market (UpCOM), according to newswire Vnexpress.

Bank cross-ownership, a tough problem to crack?

 Vietcombank recently said it has received permission from the State Securities Commission to sell its stakes in the HCM City-based Saigon Bank for Industry and Trade (Saigonbank) and Viet Nam Cement Finance Company.

Landmark law to spur big FDI

 Vietnamese provinces are taking action in advance of a predicted wave of foreign investment inflows headed towards three special economic zones, which are soon to be supported by a new law on special administrative-economic zones.

National Assembly to convene Q&A sessions this week

 The 14th National Assembly (NA) will hold question and answer (Q&A) sessions from November 16-18 as part of its ongoing fourth session.

Vietnamese sailors rescued from Abu Sayyaf

 The Philippine army on Sunday transferred three sailors it had rescued from the Abu Sayyaf Islamic militant group to the Vietnam Embassy in the country.

A bubble unlikely to burst soon

 Customers queue up for a free promotional drink at a Sharetea outlet in Ha Noi. — Photo kenh14.vn

VN hits $210b in total export value

 Vietnam is expected to achieve a year-on-year increase of 18.9 per cent in total export value in 2017, reaching US$210 billion, according to the Ministry of Industry and Trade (MoIT).

Cueist Cam makes history in Vietnam

 Cueist Ma Minh Cam has made billiards history in Viet Nam, by being the country’s first representative in the semi-finals of the Three Cushion World Championship.

VN triumph at SEA age group swimming champs

 Viet Nam topped the Southeast Asian (SEA) Age Group Swimming Championship which concluded at the Hassanal Bolkiah National Sports Complex Swimming Pool in Brunei yesterday.

Thang Long Warriors and Cantho Catfish enter VBA final

 Thang Long Warriors and Cantho Catfish have both booked spots in the Viet Nam Basketball Association (VBA) League final.