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Inefficient plastics recycling costs Vietnam up to $3 billion each year

Inefficient plastics recycling costs Vietnam up to $3 billion each year

Managing used plastic as a valuable resource provides a sound business case for scaling up recycling and other plastic circularity efforts, while promoting sustainable economic development, according to IFC – World Bank study.

S&P revised Vingroup’s outlook to negative from stable

Vingroup’s leverage will likely remain elevated over the next 12-18 months, driven by its increasing debt-funded capital expenditure in the auto business.

Singapore’s GIC-led consortium invests $500 million in Vinmart and Vinmart+

The consortium led by the Singaporean sovereign wealth fund has collectively invested $500 million (VND11.6 trillion) for a minority stake in VCM Services and Trading Development JSC, a consumer retail arm of Vingroup.

Vietnam Airlines gets foreign air carrier permit to fly to the US

Vietnam Airlines is the only local carrier awarded the foreign air carrier permit by the US Department for Transport.

Vietnam climbs four spots in global travel and tourism competitiveness ranking

Vietnam has made the best progress among ASEAN countries in term of competitiveness ranking and the best improvement in Asia-Pacific in international openness and air transport infrastructure.

Hoiana casino expected to open early next year

Hong Kong-listed Suncity Group Holdings Limited has announced that the first phase of the Hoiana project, a resort featuring a casino, hotel and golf course, is anticipated to complete no later than the first quarter of next year.

Vietnam government wishes to fully own ACV once again

The transport ministry is seeking for approval to reacquire the Airports Corporation of Vietnam stakes once sold to non-state shareholders, in a bid to uphold the national aviation security.

Falling global trade trapped Vietnam in slowest output growth in August

Vietnam’s PMI has slumped to a six-month low in August due to slower client demand and US-China trade tensions restricting new orders and production, according to IHS Markit.

Kaiyang Vietnam owners fled, leaving $6.5-million debts and workers unpaid

The disappearance of Kaiyang Vietnam leaders in early August has pushed the company into great troubles, requiring the authority of Hai Phong to step in to calm its furious workers down.

Ho Chi Minh City seeks to replicate Gojek model into its smart city planning

The southern economic hub of Vietnam is paying attention on model and solutions implemented by the Indonesian ride-hailing service, desiring to apply them in its smart city development.

Netflix wishes to buy Vietnamese-made films for its library

The US-based media service provider has expressed its desire to strengthen its footing in the country through proper investments in human resources and film coproduction for export purposes.

Stock indexes
1,389.24 4.47 0.32
Volume: 798,130,096 Value: 21,560 (Billions VNĐ)
390.75 2.3 0.59
Volume: 152,325,562 Value: 2,907 (Billions VNĐ)
100.36 0.59 0.59
Volume: 172,868,051 Value: 2,398 (Billions VNĐ)
1,488.71 -0.55 -0.04
Volume: 127,282,900 Value: 6,263 (Billions VNĐ)