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MFast raises fund for expansion

MFast raises fund for expansion

Financial service app MFast has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia.

World Bank recommends five priority policy packages to address climate risks

Mondelez Kinh Do supports circular economy business

Hanoi authority identified as citer of violations in BT and BOT projects

Numerous violations were detected in many Build - Transfer (BT) and Build - Operate - Transfer (BOT) transport and environmental projects in Hanoi, according to a conclusion just released by the Government Inspectorate.

Viet Nam falls in global cybersecurity index 2017

In the latest report by International Telecommunication Union (ITU), Viet Nam was ranked 101st out of 193 member states with a score of 0.245 in Global Security Index.

Hanoi bans Grab and Uber carpool services

Hanoi Transport Department just announces its ban on carpool services provided by Grab and Uber, following an earlier request by the Ministry of Transport.

MoT chose lotus-inspired design for Long Thanh airport

The Ministry of Transport of Vietnam has decided the lotus design for Long Thanh international airport.

PetroVietnam (PVN) demanded to seriously tackle five loss-making projects

Prime Minister (PM) Nguyen Xuan Phuc demanded PVN leadership to justify and come up with solutions for five loss-making projects.

Vietnam is about to have another 100% foreign-owned bank

On July 19, the Governor of State Bank of Viet Nam (SBV) Le Minh Hung on Wednesday gave approval in principle to the Singapore’s United Overseas Bank Limited (UOB) to open a 100% foreign owned bank in Viet Nam.

Hanoi plans to ban motorbikes by 2030

The leadership of the capital of Viet Nam is considering to ban motorbikes by 2030 though such a type of vehicle is the means of transportation most commonly used by the metropolis’ citizens.

PM to approve the proposal to establish Van Don special economic zone

Prime Minister (PM) Nguyen Xuan Phuc demanded the local authorities to allocate their own budget and other funding methods to develop Van Don as a special economic zone, according to source released by the Government Office on last July 17.

ADB to assist Da Nang City in developing waste treatment

On July 18th, 2017, the Asian Development Bank (ADB) and the Da Nang City People’s Committee signed a transaction advisory services agreement to develop a new land fill and a waste treatment facility.

Deputy Minister of Industry and Trade to face disciplinary actions

“The decision of Central Inspection Commission of the Communist Party of Vietnam on the case of Ho Thi Kim Thoa is duly respected” - the spokesman of Ministry of Industry and Trade quoted.

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