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Truong Hai Auto to spend up to $45 million to buy stake in HAGL Agrico

The purchase, designed as a financial investment, will be carried out through order matching or put through method on the Ho Chi Minh Stock Exchange (HOSE), the company announced.

 

More effort needed to boost Vietnam's national brand value

Greater effort is needed to boost VN ’s national brand value so as to earn higher export value, attendees heard at a forum held in Hanoi on Wednesday by the Ministry of Industry and Trade.

BUSINESS NEWS 18/4

Vietnamese, Czech businesses look to strengthen partnership

 

Savills Group CEO sees Vietnam’s potential

Vietnam is considered one of Asia’s most vibrant property markets and a long-term strategic area for Savills. 

 

Nghe An police seize huge amount of trafficked drug

The police of the central province of Nghe An on April 17 busted a drug trafficking ring, seizing 700kg of crystal meth and arresting three suspects.

 

USINDOPACOM Commander welcomed in Ho Chi Minh City

Politburo member and Secretary of Ho Chi Minh City’s Party Committee Nguyen Thien Nhan hosted a reception on April 17 for visiting Commander of United States Indo-Pacific Command (USINDOPACOM) Admiral Philip Davidson.

 

PM Phuc holds talks with Czech counterpart in Prague

Following the welcome ceremony in his honour in Prague on April 17, Prime Minister Nguyen Xuan Phuc later the same day held talks with his host Czech Prime Minister Andrej Babis. 

Military official demands resumption of AO victim’s lawsuit

Major General Tran Ngoc Tho, former Chief of Staff of Military Region 7, sent a letter on April 16 to US courts to demand the resumption of the lawsuit filed by Vietnamese victims of AO in 2004 against 37 US chemical firms.

 

Bamboo Airways looks to launch direct route to Czech Republic

Vietnam’s newest airline, Bamboo Airways, is working with authorities of the Czech Republic to complete relevant procedures to launch Hanoi-Prague direct flights, according to a representative of the carrier.

 

Yeah1, YouTube cooperation temporarily extended

Yeah1’s subsidiaries are still on YouTube after the termination of their contract at the end of last month, as YouTube has agreed to give the company more time to move its content from the YouTube platform, Thanh Nien newspaper reported.

 

Global shocks pose threats to Vietnam's economy

The Vietnamese economy faced further uncertainty due to the impacts of global shocks, according to the Viet Nam Institute for Economic and Policy Research (VEPR).

 

ACV backs private sector involvement in entire airport projects

The Government should let the private sector develop entire airports rather than some of their components, said Lai Xuan Thanh, chairman of the State-run Airports Corporation of Vietnam (ACV).

 

VN garment industry eyes $60 billion from exports by 2025

The textile and garment industry, aiming to take advantage of free trade agreements (FTAs) with a focus on green manufacturing, is upbeat about earning 60 billion USD from exports by 2025.

 

Students drop out following exams fixing scandal

Dozens of university students have dropped out after investigations showed that they gained their places by cheating.

 

Hanoi property market in Q1/2019: all segments show good performance

Hanoi`s real estate market showed good movements in all segments, mostly apartment with record high supply in the last five years.

MPOS mobile card payment leads the growth of payment channels in VN in 2018

 2018 was the year witnessing the outstanding development of the new payment method via mPOS device. 

 

HCM City sees thin supply of residential segment in Q1

Few new launches in apartment and ready-built landed property segments were largely resulted from deferred licensing procedures.

Go-Viet running out of gas?

To get ahead in the competition with Grab, Go-Viet needs a strategy other than “burning money” to increase its market share, especially as they are running on a tighter budget than Grab.

 

AFC Cup: Becamex Binh Duong beat Shan United 6-0 to foster zonal semifinal hopes

Vietnamese club Becamex Binh Duong thrashed Myanmar’s Shan United with six unanswered goals in their fourth Group G clash at Go Dau Stadium on April 16.

 

Inter-state partnership to combat climate change

Vietnam and the Netherlands are further boosting strategic co-operation in water management and adaption to climate change as part of a plan for the two nations to forge a bilateral comprehensive partnership.