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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.

Prime Minister urges to promote non-cash payment

Prime Minister has urged to promote e-payment other than cash payment for transparency of the economy regarding measures to enhance business competitiveness through a reduction of both formal and informal expenditures.

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).

A strategic deal signed to set out a landmark to take off tourism

Recently, a cooperation agreement on tourism promotion was signed between Vietnam National Administration of Tourism (VNAT, under the Ministry of Culture, Sports and Tourism) and Vietnam Post (VNPost, under the Ministry of Information and Communications).

Vincom Retail plans US$600 million IPO to provoke market

Vincom Retail, the largest shopping mall operator in Vietnam, is planning an initial public offering (IPO) worth about US$600 million, a move considered as a retail market provocation and the second largest share sale since 2007 in Vietnam.

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.

Viet Nam’s biggest drug maker DHG to lift foreign ownership limit up to 100 per cent

At the Extraordinary General Meeting 2017 (in the form of absentee voting) held on July 28, Hau Giang Pharmaceutical Joint-Stock Company (DHG) unanimously approves to open the foreign ownership limit (FOL) up to 100% from January 01, 2018.

U.S. inspection threatens Vietnam catfish exports

From 2 August, U.S. officially applies its inspection program on 100% pangasius (a type of catfish) imported from Viet Nam, threatening the seafood exports of Viet Nam.

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.

PM pledges a clearance of barriers to the private sector

The 2017 Vietnam Private Sector Forum (VPSF) focused on the dialogue between the Government and the representatives of ministries, local authorities and the private sector on three key national spheres: agriculture, tourism and the digital economy.

Bank tycoons arrested for making a hefty loss

The Investigation Police Bureau for Economic Management Order Offences (C46) issued a warrant to prosecute and arrest two Sacombank officials – Tram Be (former Vice Chairman of Sacombank’s Board of Directors and former Chairman of Sacombank’s Credit Council) and Phan Huy Khang (former General Director of Sacombank).

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)