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HIGG index to boost VN textiles HIGG index to boost VN textiles

The Viet Nam Textile and Apparel Association, Sustainable Apparel Coalition (SAC) and TAL Group have decided to introduce the application of HIGG index in the textile and garment industry.

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Tra Vinh to spend VND10 billion on SMEs Tra Vinh to spend VND10 billion on SMEs

The Mekong Delta province of Tra Vinh will spend nearly 10 billion (430,000USD) to help local firms improve the quality of key products from now to 2020.

Banking
G-bonds see higher interest rates G-bonds see higher interest rates

Government bonds fetched higher interest rates for all maturity terms at the latest auction conducted by the Ha Noi Stock Exchange (HNX) on June 20.

Property
InterContinental Phu Quoc Long Beach Resort to open on June 21 InterContinental Phu Quoc Long Beach Resort to open on June 21

InterContinental Phu Quoc Long Beach Resort, the latest addition to its brand, will open on June 21.

Markets
Viettel Global plans UPCOM listing, lays out other ambitious goals Viettel Global plans UPCOM listing, lays out other ambitious goals

Viettel Global Investment Joint Stock Company announced plans to increase its authorised capital to VND30.4 trillion (US$1.33 billion) and list on UPCOM next month at its annual general shareholders’ meeting on Saturday.

Tech
‘Green’ energy solution wins int’l award ‘Green’ energy solution wins int’l award

The Solar Experience Space (SES) model of Bach Khoa Energy Corporate (SolarBK Holdings) has been named ‘Outstanding Project’ in the Smart Renewable Energy category at the Smarter Energy Awards 2018 in Munich, Germany.

Wheels
Sales of domestically-assembled cars overwhelm imported vehicles Sales of domestically-assembled cars overwhelm imported vehicles

A total of 23,065 automobiles were sold in the domestic market in May, up 9 per cent against the previous month, the Vietnam Automobile Manufacturers’ Association (VAMA) said.

Biz Guide
E-commerce websites have to be registered E-commerce websites have to be registered

E-commerce website and must be registered or notified to the Ministry of Industry and Trade (MoIT).

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Corporate News

Vietjet launches Ha Noi-Taichung route Vietjet launches Ha Noi-Taichung route

 Vietjet welcomed the first passengers on its Ha Noi – Taichung (Taiwan) flight yesterday at Noi Bai International Airport.

Business Insight

Ha Noi makes efforts to facilitate businesses Ha Noi makes efforts to facilitate businesses

Almost VND400 trillion (US$17.48 billion) was given out in investment and licences to 71 projects last week. The decisions were made at an investment and development conference in Ha Noi. Mac Quoc Anh, vice chairman cum general secretary of Ha Noi Association of Small-and-medium sized enterprise (SMEs) told the press about the city’s efforts.  

Analyst's Pick

Viet Nam bets on success of SEZs Viet Nam bets on success of SEZs

Viet Nam’s Government has demonstrated its willpower to develop special economic zones (SEZs) which it hopes will spearhead the country’s growth. This issue has been high on the agenda in the face of the Fourth Industrial Revolution (Industry 4.0), at a time when Viet Nam is at a point where breakthrough institutional reform is necessary.

Business Beat

SBV tries to extend divestment deadline for small banks SBV tries to extend divestment deadline for small banks

The State Bank of Viet Nam has sought the Government’s permission to allow credit institutions more time to sell their stakes in other lenders since many smaller ones are struggling to do so.

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