Northern power firm urges power savings
HCMC – The Northern Power Corporation (EVNNPC), a subsidiary of the Vietnam Electricity Group, has called on residents in northern Vietnam to conserve electricity as the region is facing tight power s...
VCG to sell stake in VCM
HCMC – Vietnam Construction and Import-Export JSC, which trades its VCG shares on the Hochiminh Stock Exchange, has announced it will offload all of its shares in an affiliated company. The company ha...
Vietnam to have two new airports by 2030
HCMC – The Ministry of Transport has announced plans to construct an airport in the central province of Quang Tri and another in the south-central province of Binh Thuan by 2030. These initiatives are...
Banks redeem bonds before maturity
HCMC – Many local banks have bought back their bonds before maturity while others have launched new bond issues this month, according to the Thanh Nien news site. VietinBank has recently redeemed VND8...
Gov’t removes condo ownership time limit from draft law
HCMC – The Government has agreed to remove the time limit on apartment ownership from the draft of the revised Law on Housing, according to the construction minister. Speaking at the NA’s sitting toda...
Dragon Capital invests more in Hoa Sen Group
HCMC – Dragon Capital has raised its stake in Hoa Sen Group, which trades its HSG shares on the Hochiminh Stock Exchange, becoming one of the steelmaker’s major shareholders. On May 25, Dragon Capital...
Ministries, localities with low public capital disbursement to be publicized
HCMC – The Ministry of Planning and Investment has been assigned by the Government to publicize the names of ministries, central bodies, and localities that have a disbursement rate of public capital ...
Momo and ZaloPay dominate cashless payments in Vietnam
HCMC – MoMo and ZaloPay e-wallets accounted for the highest share of the Vietnamese e-wallet market in the first quarter of this year, with 68% and 53%, respectively, according to a Connected Consumer...
Bright spots amid the gloom
Despite weak global consumer demand, many foreign buyers are still looking to Vietnam for sourcing goods and business cooperation. This is crucial for manufacturers and exporters in Vietnam to seize t...
Green lending needs mechanism
The greatest challenge for helping enterprises in Vietnam achieve sustainable development and the net zero target by 2050 is to adopt a suitable policy to attract more green loans Green loans trickle ...