Australian fashion brand Cotton On comes to Vietnam

Wed, 20 Nov 2019 15:44:00

Australian fashion brand Cotton On is the latest foreign player to come looking for a piece of the action in the growing Vietnamese market.

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Legal capital levels set for foreign financial organisations

Wed, 20 Nov 2019 15:43:00

The Government recently issued Decree No.86/2019/ND-CP regulating the minimum legal capital levels of foreign banks’ branches and credit institutions operating in Vietnam.

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Trial on MobiFone-AVG deal slated for December 16

Wed, 20 Nov 2019 15:41:00

The Hanoi People’s Court decided on November 19 to open a first instance trial on the case of the MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG) on December 16.

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Central bank lowers ceiling on short-term interest rates

Wed, 20 Nov 2019 15:39:00

The State Bank of Vietnam (SBV) has lowered the interest rate cap on 6-month dong deposits from 5.5 percent to 5 percent, effective Tuesday.

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Smart success in store for Binh Duong

Wed, 20 Nov 2019 15:37:00

With more than 30 forums organised since 2005, HORASIS continues to offer the opportunity for developing countries, and localities such as the southern province of Binh Duong, to collaborate with other global partners.

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Top legislator hails teachers’ contributions to national education development

Wed, 20 Nov 2019 15:35:00

Chairwoman of the National Assembly Nguyen Thi Kim Ngan laid stress on the important role of the teachers in the country’s education and training development during a meeting with lawmakers who are former teachers, teachers and education managers in Hanoi on November 19.

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One percent Vinamilk stake out of reach for Singaporean investors

Wed, 20 Nov 2019 15:33:00

Two Singaporean investors in Vinamilk have failed repeatedly to increase their stake in the dairy giant by one percent.

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ADB expert identifies ways to make HCMC a financial hub

Wed, 20 Nov 2019 15:32:00

An expert at the Asian Development Bank (ADB) has recommended several ways to help transform HCMC into a financial center, including developing a comprehensive legal framework, creating a solid market infrastructure and ensuring monetary policy independence.

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Vietnamese, Russian women urged to contribute more to socio-political activities

Wed, 20 Nov 2019 15:30:00

Vietnamese and Russian women should make more contributions to social and political activities in their respective countries, Hoang Thi Ai Nhien, Permanent Vice President of the Vietnam Women's Union, said at the first Russian congress of young women in Moscow on November 18.

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National Highway 1 sections to get $8.6 mln upgrade for flood protection

Wed, 20 Nov 2019 15:28:00

VND200 billion ($8.6 million) will be spent on upgrading 26 sections of National Highway 1 in the Mekong Delta to prevent them from getting flooded.

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US group inaugurates animal feed plant in Ha Nam province

Wed, 20 Nov 2019 15:27:00

The US group Archer Daniels Midland (ADM) inaugurated an animal feed plant in the northern province of Ha Nam on November 19.

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MOU on human resource development with Japan’s Kanagawa Prefecture inked

Wed, 20 Nov 2019 15:24:00

The Ministry of Labor, Invalids and Social Affairs and leaders of Japan’s Kanagawa Prefecture on November 19 signed a memorandum of understanding (MoU) on human resource development. 

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Foreign investors permitted to hold 34 percent stake at Vietnamese airlines

Wed, 20 Nov 2019 15:23:00

The limit for foreign investors’ ownership in Vietnamese air transport businesses will be increased to 34 percent from the current level of 30 percent, according to the Prime Minister’s decree signed recently

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Six Vietnamese, five Koreans missing after fishing boat catches fire

Wed, 20 Nov 2019 15:21:00

A search is underway for six Vietnamese and five Koreans after their fishing boat caught fire in South Korean waters.

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Myanmar – promising market for Vietnamese businesses

Wed, 20 Nov 2019 15:19:00

Myanmar is a promising market for Vietnamese businesses, heard a workshop in Ho Chi Minh City on November 19.

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First meeting of National Steering Committee of AIPA 41 held

Wed, 20 Nov 2019 15:15:00

The first meeting of the National Steering Committee and the Organizing Committee for the 41st General Assembly of ASEAN Inter-Parliamentary Assembly (AIPA 41) took place on November 19 under the chair of National Assembly Chairwoman Nguyen Thi Kim Ngan.

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Vietnam’s export of squid, octopus to US surges in 2019

Wed, 20 Nov 2019 15:13:00

Vietnam’s export of squid and octopus to the US market saw a strong rise of 63.7 percent in the first nine months of 2019 to reach 11.4 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

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HCM City lacks blood for medical treatment at year-end

Wed, 20 Nov 2019 15:11:00

Ho Chi Minh City face a shortage of blood for medical treatment in the last two months of this year, according to Chairman of the city’s Red Cross Society Tran Truong Son.

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