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High prices make home ownership harder for low-income people
Monday,  May 21,2018,23:27 (GMT+7)
HCMC – A land price upsurge of up to 70% has made it tougher for low- and middle-income people in HCMC to own homes, according to information given at a seminar on May 18.
Round-up
Monday,  May 21,2018,23:25 (GMT+7)
Stock market correction expected this week
Monday,  May 21,2018,15:55 (GMT+7)
HCMC – Stocks are seen entering into a brief correction phase this week as investors may keep a wait-and-see attitude given the lack of supporting news, said securities firms.
South Korea’s 7th airline flies to Danang
Monday,  May 21,2018,15:54 (GMT+7)
DANANG – South Korean budget carrier Air Seoul, a subsidiary of Asiana Airlines, launched its maiden flight from Incheon, South Korea to Danang City on May 18, said Hoang Ngoc Thanh, deputy director of the Tourism Promotion Center under the Danang Department of Tourism.
Viettel and VinaPhone set new deadline for user data updates
Monday,  May 21,2018,15:53 (GMT+7)
HCMC – Mobile carriers Viettel and VinaPhone have urged their subscribers to update their personal information and submit their headshots by June 2. Those failing to meet the new deadline might have their simcards deactivated, news website Dan Tri reports.
Some foreign brewers leave local market
Monday,  May 21,2018,15:52 (GMT+7)
HCMC – Some major foreign brewers have withdrawn from the Vietnamese market after they have poured huge capital into the industry, the chairman of the Vietnam Beer, Alcohol and Beverage Association (VBA) was quoted by Nguoi Lao Dong newspaper as saying.
Lotte Vietnam Shopping rejects report on losses
Monday,  May 21,2018,15:52 (GMT+7)
HCMC – The Lotte Vietnam Shopping Joint Stock Company has written to the Ministry of Information and Communications, the Ministry of Industry and Trade, the Ministry of Finance and media outlets rejecting news that it has racked up losses of VND2,300 billion, or over US$100 million, in 11 years, Nguoi Lao Dong Online reports.
Honda joins Vietnam’s superbike market
Monday,  May 21,2018,15:51 (GMT+7)
HCMC – Honda has officially entered the Vietnamese big-motorcycle market by opening the first superbike shop in HCMC’s District 3.
Quang Nam to promote agricultural tourism
Monday,  May 21,2018,15:47 (GMT+7)
DANANG – The tourism and agriculture sectors in the central province of Quang Nam will jointly develop agricultural tourism products with farmers acting as tour guides, according to a seminar on ecotourism development in association with agriculture.
Ion tech-based product bound for foreign markets
Monday,  May 21,2018,15:46 (GMT+7)
HCMC – Ewater Engineering Co Ltd has exported Ewater, a product which can be used to remove residues in industrial boilers without relying on chemicals, to Malaysia and Indonesia, said a representative of the company.
Worldwide jewelry and diamonds on display in HCMC
Monday,  May 21,2018,15:45 (GMT+7)
HCMC – Major foreign producers showcased many of their jewelry and diamond collections at the 16th International Jewelry and Watch Vietnam which ended on May 20 at the Saigon Exhibition and Convention Center in HCMC.
Overseas investment and immigration exhibition set for early June
Monday,  May 21,2018,15:44 (GMT+7)
HCMC – VnOPI Fair, a major exhibition of overseas properties, investment and immigration, will be held by Saigon Central Development Co Ltd in HCMC between June 1 and 3.
Mexico names honorary consul in HCMC
Monday,  May 21,2018,15:43 (GMT+7)
HCMC – The Embassy of Mexico in Vietnam held a ceremony in HCMC on May 18 to introduce the honorary consul of Mexico in HCMC, Vu Minh Anh, and inaugurate the honorary consul’s office.
Vietnam starts antitrust probe into Grab-Uber deal
Monday,  May 21,2018,15:42 (GMT+7)
HCMC – The Vietnam Competition Authority (VCA) on May 18 launched an investigation into Grab’s acquisition of Uber’s Southeast Asia operations over signs of breaching Vietnam’s antitrust regulations, news website Dan Tri reports.
Policy stability and transparency needed in SEZ law
Monday,  May 21,2018,15:39 (GMT+7)
HCMC – A law on special economic zones (SEZs) should be built in a way that ensures the stability and transparency of policies and creates a healthy environment for local and foreign investors, according to information at a conference in Hanoi on May 18.
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