Chairman of the Korean Business Association in Việt Nam, Shon Young Il, speaks at a dialogue between Korean business executives and HCM City authorities on June 24. — VNA/VNS Photo Xuân Anh HCM CITY — The chairman of the Korean Chamber of Commerce and Industry in Việt Nam, Shon Young …
Read More »Vietnamese goods, foods introduced in UK
Representatives cut the ribbons to open the programme. — VNA/VNS Photo LONDON — A programme to introduce Vietnamese goods and foods in the UK is underway at Longdan Supermarket in Crawley, about 45km south of London. The week-long event, which started on Sunday, is hosted by the Vietnam Trade Office under …
Read More »Nha Trang suspends diving tours in marine reserve to inspect coral reefs
Swimming and diving has been banned at Mun Island Marine Protected Area in Nha Trang Bay from Monday to assess the condition of its shrinking coral reefs. Khanh Hoa Province authorities had last week ordered a halt to scuba diving tours in areas in Nha Trang Bay considered vulnerable to …
Read More »Hoa Sen Holdings divests from steel subsidiary
Hoa Sen Holdings has sold its 3.6 percent stake in subsidiary Hoa Sen Group, one of Vietnam’s largest steelmakers. At VND14,100 a share, the sale Friday afternoon fetched VND250 billion (US$10.76 million). Hoa Sen Holdings is founded and owned by Le Phuoc Vu, who is also chairman of Hoa Sen …
Read More »E-commerce enabler OnPoint raises $50m from Singapore fund
Vietnamese e-commerce enabler OnPoint has closed US$50 million in series B funding from SeaTown Private Capital Master Fund. — VNS Photo HCM CITY — OnPoint, an e-commerce enabler in Việt Nam, has successfully raised US$50 million in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect …
Read More »Te Giac Trang oil field reaches production milestone of 100 million barrels
At Tê Giác Trắng (White Rhino) oil field. — VNA/VNS Photo HÀ NỘI — Tê Giác Trắng (White Rhino) oil field has officially reached a production milestone of 100 million barrels of crude. The field is situated in Block 16-1, about 100km southeast of the southern Vũng Tàu City. Its commercial …
Read More »Mobile malware up in Việt Nam
Mobile malware in Việt Nam increased by nearly 46.9 per cent in 2021. — Photo courtesy of Kaspersky HCM CITY — Along with a surge in the number of mobile phone users accessing the Internet, there has been an increase in the number of mobile malware targeting Vietnamese users, according to the …
Read More »Real estate market slumps as banks cut off funds
Compiled by Thiên Lý Trần Trung Thành, a real estate broker in Bình Thuận and Bà Rịa-Vũng Tàu provinces, said since the beginning of April demand for agricultural lands has seen a sharp slump. The number of people who want to sell land is higher than those who want to …
Read More »National promotion month to begin in mid-November
Customers at Hapro Mart. — Photo hanoitimes.vn HÀ NỘI — Vietnam Grand Sale 2022, the annual national promotion month programme, is set to take place nationwide from November 15 to December 22. In its Decision No 1183/QD-BCT, the Ministry of Industry and Trade (MoIT) said promotion activities during the month will …
Read More »Fee reductions offer little benefit to maritime firms
The Lạch Huyện International Port in Hải Phòng Province. The MoT has asked VMA to consider reducing maritime fees to help firms cover higher fuel costs. VNA/VNS Photo Đức Nghĩa HÀ NỘI — The Vietnam Maritime Administration (VMA) has sent a report to the Ministry of Transport (MoT), assessing the …
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