Vietnam's KIDO may drop snack business for cooking oil: report

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Báo Thanh Niên English 3 day(s) ago

KIDO Corp., one of Vietnam's top snack producers, has announced a plan to raise its stake in cooking oil company Vocarimex from 24 percent to at least 51 percent this year, local media reported on Tuesday.

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Dollar strengthens as central bank lifts rate

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Báo Đầu Tư English 3 day(s) ago

Dollar strengthens as central bank lifts rate

The US dollar strengthened at domestic commercial banks on Monday, following an increase in the reference exchange rate that the State Bank of Viet Nam adjusted for the day.

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Hanoi may ban property developers with unpaid taxes from new projects

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Báo Thanh Niên English 1 week(s) ago

Hanoi may ban property developers with unpaid taxes from new projects

In a new effort to collect back taxes from businesses, authorities in Hanoi are considering banning companies from starting new projects until all dues are paid, local media reported on Friday.

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Danang to construct USD196.65 million river tunnel

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Báo Dân Trí English 2 week(s) ago

Danang to construct USD196.65 million river tunnel

The central city of Da Nang will start construction of a USD196.65 million tunnel beneath the Han River in the third quarter of this year.

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Vietnam mulls $701 mln expressway to Cambodia

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Báo Thanh Niên English 2 week(s) ago

Vietnam mulls $701 mln expressway to Cambodia

A file photo of tourists boarding a bus to Cambodia at Vietnam's Moc Bai border gate in the southern province of Tay Ninh. Photo: Duong Phan

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ACV plans $1.2 billion aviation infrastructure development

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Báo Đầu Tư English 2 week(s) ago

ACV plans $1.2 billion aviation infrastructure development

Airports Corporation of Viet Nam (ACV), the largest enterprise in the domestic transport sector, will spend about VND26.2 trillion (US$1.2 billion) on aviation infrastructure development over the next three years.

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Work starts on $490 mln tourism complex in Da Nang

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Báo Thanh Niên English 3 week(s) ago

Work starts on $490 mln tourism complex in Da Nang

An artist's image of Cocobay resort complex. Photo credit: Bao Dau Tu

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Vietnam Airlines plans to reduce state ownership to 65 percent: report

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Báo Thanh Niên English 1 month(s) ago

Vietnam Airlines plans to reduce state ownership to 65 percent: report

A file photo of a Vietnam Airlines aircraft. Photo: T.N

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New classrooms for primary students

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Báo Dân Trí English 1 month(s) ago

New classrooms for primary students

Dan Tri and Dau Tu newspapers have helped to open two IT classrooms for a primary school in Thai Binh Province.

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Japan's Sanyo Homes forays into Vietnam's real estate market

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Báo Thanh Niên English 1 month(s) ago

Sanyo Homes Corporation has become the latest Japanese investor to enter Vietnam's real estate market with a US$25-million project in collaboration with local developer Tien Phat Corp., local media reported on Friday.

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UAE seek better trade with Vietnam

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Báo Dân Trí English 1 month(s) ago

UAE seek better trade with Vietnam

A United Arab Emirates business forum was attended by 80 Vietnamese and 20 the UAE enterprises on May 11 in Hanoi. The event discussed agriculture, infrastructure and real estate opportunities.

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US investors plan $4 billion financial hub in Vietnam: report

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Báo Thanh Niên English 1 month(s) ago

US investors plan $4 billion financial hub in Vietnam: report

A file photo of Ho Chi Minh City's Thu Thiem new urban area. Photo: Dinh Son

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Vietnamese firms complain about high commissions, stop supplying foreign retailers

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Báo Thanh Niên English 1 month(s) ago

Vietnamese firms complain about high commissions, stop supplying foreign retailers

Many Vietnamese suppliers have accused foreign retailers of overcharging commissions and fees, with some already stopping supply of products.

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Construction of airport near Sa Pa could start next quarter

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Báo Thanh Niên English 1 month(s) ago

Construction of airport near Sa Pa could start next quarter

A proposal to build a VND5.8 trillion (US$257 million) airport near Sa Pa has been backed by several ministries, and work is set to start in the third quarter once it receives government approval.

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Vietnam banks seek to exceed foreign ownership cap: report

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Báo Thanh Niên English 1 month(s) ago

Vietnam banks seek to exceed foreign ownership cap: report

At least four partly private banks in Vietnam, including Vietcombank and Vietinbank, are reportedly seeking the government's permission to increase their foreign ownership above the stipulated 30 percent cap.

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