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,
Dong Nai endorses plan to build three bridges to HCMC
HCMC – The southern province of Dong Nai has agreed to develop three bridges linking it with neighboring HCMC, which would ease a surging traffic volume plaguing the existing bridges in the area and promote local and regional socioeconomic growth. One of the three bridges would connect HCMC’s Thu
Vinamilk, Sojitz start work on beef cattle farming and processing complex
HCMC – Vinamilk and Sojitz have begun work on a VND3-trillion beef cattle farming and processing complex in Tam Dao, Vinh Phuc Province, scheduled to be put into operation next year. Vinamilk and Japan’s Sojitz Corporation held the groundbreaking ceremony of the 75.6-hectare Vinabeef Tam Dao
HCMC proposes using own budget to build inter-port road
HCMC – The HCMC Department of Transport has written to the municipal government proposing using the city’s budget to develop a six-kilometer-long road connecting Cat Lai and Phu Huu ports. The inter-port road would be extended to the HCMC-Long Thanh-Dau Giay expressway and Beltway No. 3,
HCMC removes hindrances to work permit issuance for foreigners
HCMC – HCMC has cut short the procedures for issuing work permits for foreigners and digitalized the application process to make it easy for enterprises to get work permits for their foreign staff. At a dialogue held on March 7 between the European Chamber of Commerce in Vietnam (EuroCham) and the
Ha Nam to have one more industrial park
HCMC – The northern province of Ha Nam has got the nod to develop a 100-hectare industrial park, with a total investment of VND977 billion. Deputy Prime Minister Le Minh Khai, on March 6, signed a decision allowing the province to implement the second phase of the Thai Ha industrial park project.
HCMC seeks to step up trade with Western Australia
HCMC – HCMC is calling on enterprises in Western Australia to invest in major sectors in the city, such as food, agro-biotechnology, education and training, said Vo Van Hoan, vice chairman of the municipal People’s Committee, on March 7. Speaking at a reception for Deputy Premier of Western
PVCFC partners with Chinese chemical company
HCMC – Petro Vietnam Ca Mau Fertilizer JSC (PVCFC), whose DCM shares are traded on the Hochiminh Stock Exchange (HOSE), signed a strategic partnership with the Yunnan Yuntianhua Honglin Chemical Company yesterday, March 7. Yuntianhua Honglin Chemical Company is an affiliate of the Yuntianhua Group
Fuel imports soar in Jan-Feb
HCMC – Vietnam’s crude oil and fuel imports in the first two months of the year skyrocketed over the same period last year, according to official data. Vietnam imported 1.92 million tons of gasoline worth US$1.7 billion, soaring 43.1% in volume and 56.3% in value compared to the same period last