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Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

Nestled along the pristine Bai Tu Long Bay in northern Vietnam lies the hidden tourism gem of Van Don, which is gradually emerging as a premier destination on the international tourism map.

Vulnerable technology transfer of enterprises still persists

The issue of weak technology transfer amongst Vietnamese enterprises has again been raised at the forum “Interconnecting Model to Promote and Develop The Market of Science & Technology in Vietnam” recently held by Ministry of Science and Technology in cooperation with Vietnam Chamber of Commerce and Industry.

Foreign investors poured $11.25 billion into Vietnam in eight months

As of August 20, 2018, FDI projects disbursed $11.25 billion, up 9.2 per cent over the same period last year, according to a report just released by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI).

Grab rolls out counter-measures under tough battle

Under overheated competition from newcomer of ride-hailing app Go-Viet and other traditional taxi firms, Grab has rolled out counter-measures to gain market shares.

FLC Group pledged to make investment of $2.7 billion in Quang Binh province

At Quang Binh Investment Promotion Conference held on August 27, Quang Binh People's Committee granted investment registration certificates and investment cooperation agreements for 66 projects with a total investment of VND162,250 billion, equivalent to $7.05 billion, of which FLC Group pledged to make an estimated investment of $2.71 billion.

High bad debt ratio continues troubling VPBank and Sacombank

While most credit institutions have made possible attempts to reduce their bad debt ratio to a safe level at below three per cent, VPBank and Sacombank remain cautious to be fairly high at 4.07 per cent and 3.74 per cent respectively.

Foreign invested enterprises perform poorly in organizational transparency

Large multinationals tend to neglect public disclosure of their subsidiaries abroad, because this is not a compulsory requirement, however, this lack of information limits monitoring and oversight by local stakeholders in countries where these subsidiaries operate.

FDI sector still keeps Vietnam's economy growth on a string

Despite the significant contribution of FDI to the growth of Vietnam's economy, there are still many opposing views from experts concerning about the over reliance of Vietnam on foreign enterprises.

Korean Hanwha fund spends $400 million acquiring Vingroup's preference shares

Vingroup has just announced an issuance of 84 million preference shares on a private offering basis to Hanwha Vietnam Opportunity Fund 1, which is invested by Hanwha Asset Management Co., Ltd. of Hanwha Group, with the total issuance value of over VND9,300 billion ($400 million).

Vietnam Materials Marketplace won $100,000 funding support

Vietnam Materials Marketplace is one of 11 grantees of Partnering for Green Growth and the Global Goals 2030’s (P4G) 2018 start-up partnerships after a global competition that attracted 450 applications from 80 countries.

Largest SOEs score zero per cent, remain sluggish in taking anti-corruption measures

Top state-owned enterprises (SOEs) such as Viettel, Mobifone,Vinalines, Vicem, SJC and Vinataba all score zero per cent on the dashboard of reporting on anti-corruption programs, based on the survey conducted by Transparency International (TI) in Vietnam.

Stock indexes
1,221.08 4.72 0.39
Volume: 310,886,517 Value: 7,963 (Billions VNĐ)
228.37 0.88 0.39
Volume: 34,974,224 Value: 689 (Billions VNĐ)
89.5 -0.2 -0.22
Volume: 21,497,559 Value: 348 (Billions VNĐ)
1,252.6 5.39 0.43
Volume: 105,799,272 Value: 3,632 (Billions VNĐ)