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Vietnam consumers become fonder of e-wallet

Up to 61% of consumers now make payments on their mobiles, compared to just 37% in 2018.

 

Retirement age discussion set for tomorrow

A proposal to raise the retirement age in 2021 will be tabled for discussion at the 34th session of the National Assembly Standing Committee, which is scheduled to take place on May 8-10.

 

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.

 

Miss Vietnam Tieu Vy set to judge Miss VN Global Business 2019

The organising board of Miss Vietnam Global Business 2019 has announced that Tieu Vy, Miss Vietnam 2018, will be a member of the judging panel for the upcoming beauty pageant.

Old Saigon recreated through miniature models thrills crowds

Typical features of Saigon during the 1990’s such as old buildings, vehicles transporting bread and noodles, and barbers working on street corners have been reproduced in the form of miniature models. 

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.

 

Exhibition shows beauty of Italian knowledge in Hanoi

A special exhibition featuring the heritage, development and achievements of Italy opened in Hanoi on May 6.

 

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.

 

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.

Hectares of pines poisoned in Lam Dong farmland grab

A vast area of pine trees has been poisoned in the biggest forest destruction reported so far in the central highlands province of Lam Dong.

 

Hoi An Town to curb noise pollution

The authorities in Hoi An Town are trying to curb noise pollution in the area.

 

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.

 

Value for money

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

Proactive measures taken to promote export to CPTPP markets

The Ministry of Industry and Trade has worked out comprehensive solutions to expand and seek more export markets for Vietnam’s goods, towards fostering the country’s export, especially to member nations of the CPTPP.