The 5-star hotel Pullman Vũng Tàu developed by Development Investment Construction JSC (DIG) in Vũng Tàu City. DIG hit the ceiling growth of 7 per cent yesterday. — Photo dic.vn HÀ NỘI — Shares moved in an opposite direction on the two national stock exchanges yesterday with the VN-Index falling slightly …
Read More »Samsung invests another $920 mln in northern plant
Samsung has received permission to invest an additional $920 million in its electronic components plant in the northern province of Thai Nguyen. The license, awarded to the South Korean’s electronics giant’s Samsung Electro-Mechanics unit, will increase its total registered investment in the province by 68 percent to $2.27 billion. Samsung, …
Read More »Tân Sơn Nhất Airport closes a runway for maintenance
Tân Sơn Nhất International Airport in HCM City. — Photo qdnd.com HCM CITY — A runway of Tân Sơn Nhất International Airport in HCM City will be closed from 2pm on February 21 to 2pm on March 15 for maintenance and upgrades. The airport will connect some under-construction taxiways …
Read More »Gas stations limit sales as supply shortage persists
Gas stations across the country are again complaining about supply shortages and losses due to surging prices, which are forcing them to limit sales. In the southern province of An Giang, some limited sales to VND30,000 ($1.32) per customer on Tuesday, forcing buyers to go to another station to fill …
Read More »VN-Index goes sideways after surge
Vietnam’s benchmark VN-Index dropped 0.04 percent to 1,492.10 points Wednesday with 15 blue chip tickers in the red. The ticker went sideways throughout the day and closed 0.65 points lower after gaining nearly 21 points Tuesday. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index …
Read More »Indian firm to build $12-bln pharmaceutical hub in northern province
An Indian company plans to invest US$10-12 billion in building a pharmaceutical industrial park in the northern province of Hai Duong. The 960-hectare hub in the districts of Gia Loc, Thanh Mieng and Binh Giang and adjacent to the Hanoi – Hai Phong Expressway is the brainchild of drug company …
Read More »Why does target price for MSN stock continue to be VNĐ200,000?
Masan owns popular FMCG brands. — Photo courtesy of Masan Despite the challenges posed by COVID-19 last year The CrownX delivered positive business results. An integrated platform that consolidates two leading companies in retail and FMCG, WinCommerce (WCM) and Masan Consumer Holdings (MCH), TCX grew net revenues by 6.9 …
Read More »VNĐ5.7 trillion wind power plant inaugurated in Sóc Trăng
The inauguration ceremony on Tuesday. — VNA/VnExpress News Photo SÓC TRĂNG — A wind power plant built at a cost of nearly VNĐ5.7 trillion (US$250.5 million) was inaugurated in the Mekong Delta province of Sóc Trăng’s Vĩnh Châu Township on Tuesday after more than a year of construction. Invested …
Read More »SSI signs $440m loan deal
SSI has signed a fresh loan agreement with a bank for VNĐ10 trillion (US$440.87 million). — Photo courtesy of SSI HCM CITY — SSI Securities Corporation has signed a fresh loan agreement with a bank for VNĐ10 trillion (US$440.87 million). The loan has a tenor of no more than 12 …
Read More »Vietnam to reopen international tourism from March 15
The government on Wednesday agreed to reopen inbound and outbound tourism from March 15 under new normal conditions. A directive by Deputy PM Vu Duc Dam asked the Ministry of Culture, Sports and Tourism to announce a detailed reopening plan to be applied nationwide. The ministry was also asked to …
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