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HCM City hosts forum to boost capital flows from China

The Shenzhen Stock Exchange and the HCM City branch of the Bank of China organised the China-Việt Nam capital co-operation forum on Tuesday to strengthen the financial links between the two countries. The exchange and the lender signed an agreement at the event for a cross-border capital service mechanism, which …

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Ericsson appoints president of VN, Myanmar, Cambodia, Laos

Ericsson has appointed Denis Brunetti as president to lead Ericsson’s business in Việt Nam, Myanmar, Cambodia and Laos. Denis has been involved in the global ICT industry for 26 years, having held numerous international management roles with Ericsson across several countries, including Australia, Hong Kong, Sweden, Việt Nam and Sri …

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VN telecom providers reports positive business results

Vietnamese telecommunication companies achieved positive business results in the first 11 months of this year, according to the Ministry of Information and Communications. Hoàng Sơn, Viettel’s deputy general director, reported that the group’s revenue in November was over VNĐ20.37 trillion (US$897.4 million), while profit reached VNĐ3.36 trillion. Total revenue for …

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Retail petrol prices kept stable

The retail prices of RON 92 petrol and E5 bio-fuel remained unchanged at VNĐ18,580 (81 US cents) and VNĐ18,243 per litre, respectively, at 3pm on Tuesday after continuous increases in recent months. In addition, the price for oil was also kept stable at VNĐ13,617 per litre and mazut at VNĐ12,382 …

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Việt Nam to have more smart cities: Experts

Building smart cities is the main and priority orientation in the Vietnamese Government’s development strategy. This was what experts agreed to at the Việt Nam-France Smart City seminar held on Tuesday in Hà Nội by the Ministry of Information and Communications (MIC) in coordination with the Embassy of France in …

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Vân Đồn int’l airport to be operational in Q2

Vân Đồn International Airport in the northern province of Quảng Ninh, the first airport invested by a private business in Việt Nam, is scheduled to be operational in late June 2018, instead of in late March as previously announced. The airport, on Vân Đồn Island, was invested with nearly VNĐ7.5 …

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Korean firms eye Việt Nam partners

Executives from 20 companies based in South Korea’s Gyeongsangbuk-do Province met with nearly 90 Vietnamese counterparts in HCM City on December 1 to discuss business opportunities. The companies are in sectors like cosmetics; food including soybean paste, soy sauce, dried shiitake mushroom, black garlic, and snacks; beverages; and agricultural produce …

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Laos’ 42nd National Day celebrated in Việt Nam.

The HCM City Union of Friendship Organisations (HCMUFO) and the Việt Nam-Laos Friendship Association in the city on Thursday held a ceremony to mark the 42nd anniversary of Laos’ National Day (December 2). Addressing the event, HCMUFO Vice President Nguyễn Văn Mạnh highlighted the neighbourliness and solidarity between Việt Nam …

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Smartphone ownership keeps growing: report

Smartphone ownership has continued to grow in both urban and rural areas in Việt Nam, according to the 2017 Nielsen Vietnam Smartphone Insights report. The number of people using smartphones in major cities has surged to 84 per cent out of the 95 per cent of people using mobile phones, …

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