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Transerco has new chairman

CEO of Hanoi Transport Services Corporation (Transerco) Nguyễn Hoàng Trung was appointed the corporation’s chairman in Hà Nội on Monday.

 

Vingroup acquires Fivimart supermarket chain

Vingroup’s retail arm, VinCommerce, has completed the acquisition of the Fivimart supermarket system, according to a Vingroup press release published yesterday. 

   

Banks expect better business performance in 2018

A majority of credit institutions in the country expect an upward trend in their business this year, according to a survey released on Monday by the State Bank of Việt Nam.

   

Vietcombank to earn $42.7 million profit from divestments

Vietcombank is estimated to gain a profit of some VNĐ1 trillion (US$42.74 million) from its divestments at Military Bank (coded MBB) and Eximbank (coded EIB) this month.

   

Hoàn Mỹ Medical Corporation issues US$99.7 million in bonds

Hoàn Mỹ Medical Corporation on Monday successfully issued VNĐ2.33 trillion (US$99.7 million) in dual-tranche fixed rate bonds.

   

More favorable conditions created for tra fish exports

More favorable conditions created for tra fish exports, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Tra fish prices in the Mekong Delta region have been on the rise since late September, as local traders have stepped up purchasing and processing tra fish for export to the United States and [ … ]

   

Bamboo Airways delays official launch to year-end

Bamboo Airways delays official launch to year-end, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

The Civil Aviation Authority of Vietnam (CAAV) under the Ministry of Transport (MoT) has not provided any update with regard to the issuance of aviation license to Bamboo Airways. 

   

Vietjet to open Đà Nẵng-Bangkok route

Vietjet will launch its newest international route connecting the central city of Đà Nẵng and Bangkok on October 15, the airline announced last week.

   

Inertia blamed for Parkson's failure in Vietnam

Inertia blamed for Parkson's failure in Vietnam,vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Many people believe that Parkson will continue contracting after four retail stores have already closed due to massive operating losses.   

   

Foreign life insurers stepping up game in Vietnam

Foreign life insurers stepping up game in Vietnam, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

The consecutive launching of a slew of new products helps foreign-invested life insurers, new and old alike, to strengthen their dominance in the Vietnamese insurance market. 

   

Agribank filings show less bad debt

Non-performing loans (NPLs) of State-owned Bank for Agriculture and Rural Development (Agribank) kept at the Việt Nam Asset Management Company (VAMC) have dropped by over VNĐ9.4 trillion (US [ … ]

   

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