KIDO Group to manage Hung Vuong Plaza
HCMC – KIDO Group, whose stock KDC is traded on the Hochiminh Stock Exchange, will manage Hung Vuong Plaza in District 5 as it raised its stake in Hung Vuong JSC to 76.5% from 44%. Parkson Vietnam in ...
Bond market still gloomy – FiinRatings
HCMC – Following a surge in corporate bond issues in March, the bond market has returned to its lackluster state with merely one issue done in April, according to credit rating agency FiinRatings. Nor...
Government prioritizes developing HCMC-Can Tho express railway
HCMC – The Government will prioritize investment in traffic infrastructure projects in the Mekong Delta, especially a high-speed railway between HCMC and Can Tho City, Prime Minister Pham Minh Chinh t...
Work on Khanh Hoa-Buon Ma Thuot expy to start next month
HCMC – The first phase of the Khanh Hoa-Buon Ma Thuot expressway project is set to get off the ground next month, according to the project owner. Khanh Hoa Province’s traffic infrastructure project ma...
Major banks lower deposit interest rates
HCMC – Deposit interest rates at many major banks in Vietnam have been lowered by 0.1 to 1.1 percentage points compared to those in early May, making it possible to offer lower lending rates, accordin...
Electronics retail sector in distress
The electronics and technology retail sector has taken a hit from the global economic downturn, with many large companies having performed poorly over the last two years. Sales are hit hard Many retai...
PouYuen to lay off thousands of workers next month
HCMC – PouYuen Vietnam, the most labor-intensive firm in Binh Tan District, HCMC, has decided to lay off almost 6,000 workers in June and July due to the shortfall of new orders for the year. At a rec...
Mounting challenges
As the tax and land fee incentives that have made Vietnam appealing to foreign investors are about to end, the Government needs to devise a different strategy to attract new foreign investors and reta...
Halong Bay seen from a new angle
Apart from admiring Halong Bay from cruise ships, another spectacular way to get a panoramic view of the Bay is by trekking to Bai Tho Peak. With a height of about 168 meters above sea level, Bai Tho ...
The population is aging
By the end of this April, Vietnam’s population has reached 100 million, according to the United Nations Population Fund (UNFPA). What are advantages and challenges? Recent statistics showed that Vietn...