Vietnam’s dragon fruit exports to Japan, S.Korea drop
HCMC – Vietnam’s dragon fruit exports to Japan and South Korea in January fell strongly against the same period last year. General Department of Vietnam data showed exports of dragon fruits to over 40 countries and territories brought total revenue of over US$47 million in the first month of the
STK gets loan worth US$52.5 million
HCMC – Century Synthetic Fiber Corporation (STK) has announced its affiliated company, Unitex Corporation, has secured a syndicated loan of US$52.5 million, equivalent to VND1,233 billion. The lenders comprised CTBC Bank, Kasikorn Bank, Shanghai Commercial and Savings Bank, Entie Commercial Bank
Quang Ninh gears up to welcome back Chinese tourists
HCMC – Authorities, travel companies and tourism service providers in Quang Ninh Province are preparing to welcome back group tours from China, as the northern neighbor has allowed the organization of group tours to Vietnam from March 15. China’s move to reopen outbound group tours is seen as a
Ba Ria-Vung Tau sets up checkpoints to prevent IUU fishing
HCMC – Ba Ria-Vung Tau Province will establish three inter-disciplinary checkpoints to fight against IUU fishing at the sea gates of Sao Mai, Loc An and Binh Chau, authorized to inspect fishing boats, sailors and fishing licenses. The Ba Ria-Vung Tau People’s Committee has decided to set up three
Two auto testing centers in Hanoi resume operations
HCMC – Two auto registration and inspection centers in Hanoi City, 29.03S and 29.14D, were allowed to reopen today, March 10, according to Vietnam Register. They are located in Nam Tu Liem and Thanh Oai districts, the local media reported. Vietnam Register will mobilize the auto inspectors of
HCMC calls for Singapore investment in major projects
HCMC – HCMC called on Singaporean investors to invest in the city’s priority projects such as HCMC – Moc Bai Expressway, Beltway No. 4, and Metro line 3A-3B-4, reported the local media. At a conference on investment and trade opportunities for Vietnam and Singapore enterprises held by the HCMC
Chinese firm to pour US$2.5 billion into Thai Nguyen
HCMC – China’s Sunny Group is planning to invest US$2.5 billion in an industrial project in the northern province of Thai Nguyen. At the Vietnamese Government’s Office on March 8, Thai Nguyen Province and Sunny Group signed a memorandum of understanding to develop an industrial center at the Yen
Deputy PM urges handling congestion at auto testing centers
HCMC – Deputy Prime Minister Tran Hong Ha has requested the Ministry of Public Security and the Ministry of Transport to find solutions to worsening congestion at auto inspection centers so as to protect the legitimate interests of car owners. Deputy PM Tran Hong Ha yesterday, March 8, worked with
VND17.7 trillion in corporate bonds to fall due this month
HCMC – The amount of corporate bonds falling due in March is VND17.7 trillion, triple the figure in the previous month, showed data from the Vietnam Bond Market Association. Of the total, the real estate sector accounted for 43%, at nearly VND7.7 trillion, the consumer goods sector 29% at VND5.1
Four toll stations to be set up on Nha Trang-Cam Lam expy
HCMC – The Nha Trang-Cam Lam expressway across Khanh Hoa Province will have four toll stations installed at the Dien Khanh, Suoi Dau, Cam Lam and Cam Ranh intersections, according to the Directorate for Roads of Vietnam (DRVN). DRVN reported this plan to the Ministry of Transport during its review
First trading center of Vietnam aqua-products to be established in China
HCMC – A Vietnamese aquatic products trading center will be established in Fangchenggang Shi in the Chinese province of Guangxi to enable the two countries’ enterprises to enhance trading, establish a supply chain and export and import farm and aquatic products. According to a representative of
LG Electronics opens R&D center in Hanoi
HCMC – South Korean electronics conglomerate LG has put a research and development (R&D) center into operation in Hanoi City to boost its investment in the auto parts industry. The firm said on March 9 that it would step up R&D activities in Vietnam to serve the rapid growth of the
VCSC wants to be renamed as Vietcap Securities
HCMC – Viet Capital Securities Joint Stock Company (VCSC), whose VCI shares are traded on the Hochiminh Stock Exchange, wants to be renamed as Vietcap Securities JSC. This is part of its plan to improve its brand recognition, as the firm now is called many different names, such as VCI, VCSC, and
Becamex IDC seeks tenants for WTC Tower
HCMC – The Binh Duong Province-based multidisciplinary corporation Becamex IDC yesterday, March 8, signed agreements with local businesses seeking to operate at the WTC Tower in the southern province. The signings marked the launch of the WTC Tower, a 30-story office and commercial complex, part
Deputy PM wants report on material shortage in expressway projects
HCMC – Deputy Prime Minister Tran Hong Ha has urged ministries to report on the current shortage of construction materials in expressway projects in the central and southwest regions. According to the Ministry of Transport, 10 components of the North-South expressway from Ha Tinh to Khanh Hoa
Vietnam remains key destination for Singaporean investors
HCMC – Numerous Singaporean firms are doing business in Vietnam while many others are sounding out investment opportunities as the country has remained a popular destination for Singaporean investors, heard a conference in HCMC today, March 9. These firms are keen on the infrastructure,