Binh Phuoc suspends six forest projects

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Binh Phuoc suspends six forest projects

The southern province of Binh Phuoc will stop clearing natural forest land for the planting of industrial trees with high economic value, the provincial authority has announced.

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VN–US Friendship Concert in HCM City

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VN–US Friendship Concert in HCM City

Vietnamese violinist Bùi Công Duy and American trio FUGU will perform the Việt Nam–US Friendship Concert in HCM City on Monday (Aug 29).

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PM attends investment promotion conference in Ninh Thuan

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PM attends investment promotion conference in Ninh Thuan

PM Nguyen Xuan Phuc, leaders from ministries, agencies, localities and around 450 delegates from domestic and foreign associations, businesses and investors attended an investment promotion conference in the central province of Ninh Thuan on August 27.

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Hot-air balloons offer passengers a panoramic view of Moc Chau plateau

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Hot-air balloons offer passengers a panoramic view of Moc Chau plateau

Visitors can experience hot-air balloons at an international festival scheduled for September 1-3 in Moc Chau town in the northern province of Son La.

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Hai Phong tops FDI attraction in eight months

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Hai Phong tops FDI attraction in eight months

Hai Phong was the largest attraction to foreign direct investment (FDI) in the first eight months of the year, drawing approximately US$2.02 billion, accounting for 14% of the country’s total figure, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

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President: Vietnam always welcomes Singaporean investors

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President: Vietnam always welcomes Singaporean investors

Vietnam always welcomes Singaporean investors and believes in their success in doing business in the country, President Tran Dai Quang told the Singapore-Vietnam business forum in Singapore on August 29.

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Vinamilk acquires remaining 30% stake of US Driftwood Dairy

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Vinamilk acquires remaining 30% stake of US Driftwood Dairy

The recent acquisition of the remaining 30% stake in Driftwood Dairy Inc., one of California’s largest processors of milk and dairy products based out of the City of El Monte, by Vinamilk is a textbook example of how to enter a foreign market.

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Big C Vietnam pays off $93 million tax arrears

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Big C Vietnam pays off $93 million tax arrears

Big C Vietnam, representing its new owner Central Group, has paid off the whole VND2.034 trillion ($93 million) it declared in tax earlier.

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GIC to become third largest shareholder in Vietcombank

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GIC to become third largest shareholder in Vietcombank

On August 29, Bank for Foreign Trade of Vietnam (Vietcombank) signed a Memorandum of Understanding (MoU) to sell a 7.73 per cent stake, equalling 305.8 million shares to GIC Pte., Ltd. (GIC) from Singapore.

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Strong typhoon Lionrock aims for Japan's northeast

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Strong typhoon Lionrock aims for Japan's northeast

TOKYO: A strong typhoon was on course Tuesday (Aug 30) for a direct hit on northeastern Japan, with authorities warning of heavy rain and high waves along the Pacific coast.

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Japan woman dies in Pokemon Go car accident

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Japan woman dies in Pokemon Go car accident

TOKYO: A driver who was allegedly playing Pokemon Go when he hit and killed a woman in Japan has been arrested, police said on Wednesday (Aug 24).

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BOT business model in the IT industry: new opportunities and challenges

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BOT business model in the IT industry: new opportunities and challenges

The BOT (build–operate–transfer) model, in which a company hires another company to set up and manage its local IT operations before transferring them back to the parent company, has become increasingly popular. Pieter van Diermen, president of PYCO Group, which has served many companies under this model, talked to VIR’s Hong Anh about the company’s growth strategy in Vietnam, one of the world’s most popular IT outsourcing destinations.

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ExxonMobile pushes on with gas-to-power complex

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ExxonMobile pushes on with gas-to-power complex

ExxonMobil Corporation from the US is eager to co-operate with Vietnamese state-run oil and gas group PetroVietnam to develop the gas-to-power complex located in the central provinces of Quang Nam and Quang Ngai.

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Market slows down on late selling

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Market slows down on late selling

Shares retreated from a five-month high seen in yesterday morning as investors increased selling due to caution ahead of portfolio restructuring of large exchange-traded funds.

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France seeks new chapter in Muslim relations

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France seeks new chapter in Muslim relations

PARIS: France's government sought Monday to open a new chapter in relations with the country's Muslims following a summer scarred by jihadist attacks and a ban on burkinis that ratcheted up communal tensions.

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