Trial on wrongdoings in PetroVietnam’s investment in OceanBank

Repeated warnings have been given in the last two years about the growing tendency of Vietnamese registering businesses in other countries such as Singapore and Thailand.

 The funeral for former Prime Minister Phan Van Khai who passed away in Ho Chi Minh City on March 17 started at 8am on March 20 at the city’s Thong Nhat Hall.

Sabeco refuted the state audit’s allegations about its violations in the management of its operations and investing activities before it sold a stake for the foreign partner.

 The Ministry of Public Security (MoPS) has just announced that three telecommunication companies (Viettel, Vinaphone, and MobileFone) earned VND1.4 trillion ($62 million) from the gambling ring led by former C50 director general Nguyen Thanh Hoa.

 Throughout the annual general shareholders’ meeting (AGM) season, bad debt resolution and hefty risk provisions were the most worrisome issues emerging in the banking sector in since the beginning of 2017.

 Over the past 15 months, foreign investment inflows to Vietnam were growing in scale and took on diverse forms to tackle an increasing number of sectors, adding to the market’s “charisma” in the eyes of potential foreign investors.

 Chu Thi Binh, who lost VND245 billion ($10.8 million) at Eximbank, said that she will send a document to request an official apology from Eximbank, otherwise she will sue.

After the government green-lighted Vietcombank to sell the state-owned stake to foreign investors, the bank is expected to sell a total of 10 per cent in a separate issuance and/or through public auction to a limited number of foreign investors.

PM Nguyen Xuan Phuc has agreed with the conclusions of the Government Inspectorate on the case of MobiFone acquiring 95 per cent of AVG’s shares, according to Dantri.com.vn. 

The number of Chinese travelers to the coastal city of Nha Trang has soared in recent months.

Receiving billions of dong in compensation, several residents in Nuoc Trong water reservoir project area, Tay Tra District’s Tra Tho Commune, Quang Ngai Province, thought they’d be able to escape debts they had accrued through high interest loans.

 Vietnamese athlete Nguyen Thi Ngoan bagged the bronze medal in the women’s 61kg category at the Karate 1-Premier League 2018 in Rotterdam, the Netherlands.

 Automobiles imported from ASEAN countries expect to conquer Vietnam from early April.

 While signalling a breakthrough improvement in the local logistics service market, Vietnam’s new regulations have raised concerns over e-commerce among EU investors.

Authorities in the Central Highlands province of Gia Lai are struggling to find solutions to address deforestation and development violations, which are rampant in many localities across the province.

 VietNamNet Bridge – The Ciputra Ha Noi - Yonex Sunrise Viet Nam International Challenge badminton tournament will begin at Tay Ho District’s Gymnasium today.

 Two Vietnamese, from a group of 6 to 8 migrants on board an life boat illegally entering Taiwan, were found dead on the coast between Pingtung and Taitung County Monday morning.

Many parents in big cities are rushing to send their children to nurseries opened by private schools, aiming to help them prepare for first grade. 

 Vietnamese shares advanced further on Monday on high investor confidence and good performance of real estate stocks, however, growth rates were slowed down as profit-taking hit bank stocks following their recent gains.