Bayer Breakthrough Innovation Forum focused on longer-term opportunities for health and agriculture leveraging emerging technologies. — Photo courtesy of Bayer Vietnam Leverkusen, GERMANY — Science company Bayer has said it is accelerating investment in its Leaps by Bayer impact investment unit with more than 1.3 billion euros (US$1.4 billion) by 2024. The …
Read More »Việt Nam hopes for technology transfer in coal mining, processing from Australia
Minister of Industry and Trade Nguyễn Hồng Diên at the online working session. — Photo moit.gov.vn HÀ NỘI — Việt Nam hopes to establish long-term stable trade and investment ties with Australia and receive technology in sustainable coal mining and processing from Australia, said Minister of Industry and Trade Nguyễn …
Read More »EVN proposes development of renewable power in northern region
Engineers of the National Power Transmission Corporation examine a 500kV transmission station. — VNA/VnExpress News Photo HÀ NỘI — Việt Nam Electricity (EVN) has proposed to the Government and relevant ministries and sectors a number of measures to ensure power supply, especially in the northern region, including the issuance …
Read More »Ho Chi Minh City surprises with early economic recovery
The Ho Chi Minh City economy beat experts’ predictions with 1.88 percent growth in the first quarter after shrinking by 11.6 and 25 percent in the last two quarters. “We forecast its GDP to marginally decline, and the positive result was unexpected”, Tran Hoang Ngan, head of the HCMC Institute …
Read More »3 firms get right to use Cà Mau geographical indication for black tiger shrimp
The first three shrimp exporters in Cà Mau have received permission to use the province’s geographical indication for black tiger shrimp. — Photo haiquanonline.com.vn MEKONG DELTA — The southern most province of Cà Mau has granted the right to use the Cà Mau geographical indication for black tiger shrimp to three …
Read More »Việt Nam to boost 5G commercialisation
All three major carriers, including VinaPhone, MobiFone, and Viettel, have started their 5G journey by announcing the trial of the service in big cities like Hà Nội, HCM City at the end of 2020. — Photo courtesy of Viettel HÀ NỘI — 5G is changing businesses worldwide, and Việt Nam is catching up …
Read More »Selling force weighs on sentiment, VN-Index reverses course
A customer at a branch of Vietinbank on Hà Nội’s Cửa Nam Street. Shares of Vietinbank (CTG) lost 1.5 per cent on Tuesday. VNA/VnExpress News Photo Trần Việt HÀ NỘI – Shares reversed to fall on Tuesday as the rising selling force triggered losses in many large-cap stocks, especially in …
Read More »Seven Vietnamese billionaires among world’s richest: Forbes
The 2022 Forbes list of the planet’s richest people features the highest ever number of Vietnamese billionaires at seven – a woman and six men worth $21.2 billion collectively. Apart from Bui Thanh Nhon, 64, chairman of the Nova Group, who breaks into the list for the first time this, …
Read More »Tan Hoang Minh promises full refund after authorities cancel bonds issuance
Property developer Tan Hoang Minh has pledged full refund to investors after authorities cancelled the issuance of bonds worth VND10 trillion ($437 million) by the group. The group said it was working with legal advisors and related parties to review the issuance, and will fully refund investors if it is …
Read More »Tan Hoang Minh chairman arrested over bond issuance fraud
Hanoi police on Tuesday have arrested Do Anh Dung, chairman of Tan Hoang Minh for “fraudulent appropriation of assets.” Dung, 61, was detained shortly after an investigation was launched Tuesday into the fraud to appropriate property at Tan Hoang Minh Group and related units. The agency is investigating and verifying …
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