News

Uniqlo to open second Vietnam store in Ha Noi early 2020

Japanese casual clothing retailer UNIQLO confirms it will open te first store in Ha Noi after a debut in Ho Chi Minh City.

Vietnam wants decree to manage companies like Grab by the end of this year

Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to speed up the revision of the draft decree about transportation service businesses and submit it to the Government before December 30.

Moody's changes outlook of 18 Vietnamese banks to negative

Just one day after changing outlook of Vietnam to negative, Moody's Investors Service has taken rating actions on 18 commercial banks in the country to negative.

Russia's Gazprom, PetroVietnam to sign strategic cooperation agreement: ...

Russian gas giant Gazprom will soon sign a 10-year strategic cooperation agreement with Vietnam’s state oil firm PetroVietnam, the Vietnamese government said on Friday in a statement posted on its website.

NPS, SK Group set up $860 million fund to ramp up investment in Vingroup and ...

The National Pension Service launched a $860 million fund with SK Group to invest in Vietnamese companies, through which the conglomerate could ramp up investment in Vingroup and Massan Group.

StanChart could have exited coal-fired power plants in Vietnam

Standard Chartered was said to refer to the Vung Ang 2 and Vinh Tan 3 plants in Vietnam among projects in Southeast Asia it wants to quit, Reuters cited industry sources.

Three foreign firms to build $5-billion power plant in Vietnam

US-based Energy Capital, Excelerate Energy and South Korea’s KOGAS form a consortium for a $5-billion liquefied natural gas power project in Binh Thuan province.

Vietnam considers PPP mode for $819m expressway in Central Highland

Vietnamese government plans to build a six-lane expressway that connects Khanh Hoa province in central region and Dak Lak province in Central Highland.

Vietnam fifth largest consumer of US apples

Vietnam was the fifth largest buyer of US apples last year with an import value of 51 million USD, up 48 percent year-on-year.

Ho Chi Minh City to build 8 logistics centers worth nearly $4 billion

The government of Vietnam’s biggest city is drafting a plan to build eight logistics centers scattering around the city between 2020 and 2030.

Vietnam's Nghi Son refinery restarting, to be fully operational Dec 12: ...

Vietnam’s $9-billion Nghi Son refinery will restart on Thursday after a shutdown late in October for major maintenance work, a source with direct knowledge of the matter said.

Remittances to Ho Chi Minh City in 2019 seen at $5.3 billion

Vietnam’s biggest city is expected to receive $5.3 billion this year, an increase of 9% from a year earlier.

Uniqlo pledges to win Vietnamese customers’ heart with quality

Uniqlo says it will not lower prices of products to win customers’ heart. Good quality could help this Japanese global apparel retailer to win in Vietnam market.

Amazon teams up with T&T and SHB to develop cross-border e-commerce

Amazon announced T&T Group as a strategic partner and SHB is the first financial and banking partner in Vietnam, as part of its pledge to help promoting Vietnamese products through cross-border e-commerce.

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News

Vietnam's pork imports more than double amid swine fever outbreak: Reuters

Japan’s Saibu Gas buys 21% stake in Vietnamese gas firm

Vietnam adds more than 1.6 million jobs in 2019