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Industrial zones in north central reap benefits from labor relocation wave

Industrial zones in north central reap benefits from labor relocation wave

While provinces, especially in southern Vietnam, are facing a shortage of human resources, other areas such as the north-central region can benefit from the wave of people relocating back to their hometowns.

Bitexco Group to construct a US$44-million hospital to own the most expensive land lot

The People's Committee of Ho Chi Minh City (PCHCMC) has approved the the feasibility study of New Sai Gon hospital construction and investment project with total estimated investment capital over VND1 trillion (equivalent to US$44-million).

Foreign brewers are heating up local alluring beer market

With the total consumption of about 3.78 billion liters of beer in 2016, Viet Nam is considered as "the next key battleground of foreign brewers”. The divestment at the State’s two largest domestic beer companies leaves “wide open” door for foreign rivals and that a Taiwan brewer plans to enter Viet Nam’s market heats up the competition.

Concerns rise as a result of petrol prices up

The price of petrol continues rising to bring in concerns as economic expenses which are attached to fuel consumption obviously will be up as a consequence.

Petrolimex earns an after-tax profit of US$88.5 in the first six months

Petrolimex's consolidated after-tax profit in first 6 months of 2017 reached VND2,015 billion (equivalent to US$88.5) billion, of which VND1,776 billion (roughly US$78 million) is from the parent company's profit.

ODA and preferential loans disbursed at US$1.5 billion only in first six months falling behind schedule

Prime Minister stressed that in 2017, for projects, ODA and preferential loans which have not been disbursed or under procedures, will be cut off and transferred to the government and localities to meet the disbursement plan as approved.

A deputy minister proposed to be fired for wrongdoings

The Central Inspection Committee has made decision on giving discipline to and proposed competent authorities firing Nguyen Thi Kim Thoa from her current position as Deputy Minister of Industry and Trade in compliance with Regulation No. 260-QD/TW of the Political Bureau.

A high-profile official turns himself in after a 10-month international arrest warrant

On July 31, 2017, the Ministry of Public Security said that Trinh Xuan Thanh, former Vice Chairman of Hau Giang Province, former Chairman of Petro Vietnam Construction Joint Stock Corporation (PVC) ... turn himself in to the police.

Quota imposition and processing constraints ignite titanium smuggling on the sea

The status of titanium exploitation and smuggling in the central provinces is still complicated, causing waste of natural resources and environmental pollution.

US imposes a rising anti-dumping duty on Viet Nam’s shrimp exports

An increase by 0.26 per cent from 1.16 to 1.42 per cent in the anti-dumping duty (ADD) will be imposed on shrimp exported to US during the period of 12 months since February, 2013, a move as a result of change of reference country.

Resuscitate the exploitation of ever biggest Thach Khe iron mine: Selection and exchange

Although, the economic profits of exploitation of Thach Khe iron mine is still potential, environmental and social consequences are very annoying.

Stock indexes
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