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Economic growth projected at 6.85% in 2018-2020
Monday,  Apr 23,2018,23:44 (GMT+7)
HCMC – The Prime Minister’s economic advisory team has projected average economic growth at 6.85% between now and 2020.
PG Bank to be merged into HDBank
Monday,  Apr 23,2018,23:43 (GMT+7)
HANOI – Shareholders of HCMC Development Joint Stock Commercial Bank (HDBank) have approved a plan in which Petrolimex Group Commercial Joint Stock Bank (PG Bank) will be merged into HDBank.
Sacombank restructuring plan delays dividend payment
Monday,  Apr 23,2018,23:43 (GMT+7)
HCMC – Given the ongoing restructuring plan, shareholders of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) cannot get dividend payments for now, said Sacombank chairman Duong Cong Minh.
Nam Long cooperates with Japanese investors in condo project
Monday,  Apr 23,2018,23:42 (GMT+7)
HCMC - Nam Long Group has signed an agreement with two Japanese investors, Hankyu Hanshin Properties Corp. and Nishi Nippon Railroad, to develop a big condo project in HCMC’s Binh Tan District.
Technology transfer to HCMC remains insignificant
Monday,  Apr 23,2018,23:42 (GMT+7)
HCMC – Technology transfers from foreign firms to domestic partners have been as scant as ever, said Nguyen Thanh Phong, chairman of HCMC, at a meeting with foreign firms on April 21.
THACO expects to sell 100,000 autos this year
Monday,  Apr 23,2018,23:42 (GMT+7)
HCMC – Local automobile firm Truong Hai Auto, or THACO, has set a goal of selling 116,872 units this year, up 31% from last year.
Danang fines food safety violators
Monday,  Apr 23,2018,23:41 (GMT+7)
HCMC – The Danang government has fined 88 food trading and manufacturing entities for administrative violations after some 2,599 units were inspected in quarter one, said Nguyen Tan Hai, head of the Danang Food Safety Management Board.
Round-up
Monday,  Apr 23,2018,23:41 (GMT+7)
Exports of textiles and garments up strongly
Monday,  Apr 23,2018,23:41 (GMT+7)
HCMC – Vietnam’s exports of textiles and garments are estimated at US$7.62 billion in the first quarter of this year, a 13.35% rise against the previous period last year.
Rules on computer games, social media relaxed
Monday,  Apr 23,2018,23:40 (GMT+7)
HCMC – The Ministry of Information and Communications said on April 20 that the Government has relaxed business conditions for those providing computer gaming services, and launching and operating news aggregators and social networks.
Ecosystem vital for sustainable tourism development in Mekong Delta
Monday,  Apr 23,2018,23:40 (GMT+7)
CAN THO - The Mekong Delta needs to protect its natural ecosystem as it is crucial for sustainable tourism development, experts said at a seminar in Can Tho City on April 20.
Silt buildup, high logistics costs hinder Mekong Delta’s export
Monday,  Apr 23,2018,23:40 (GMT+7)
CAN THO – Sedimentation in waterways along the Hau River and high logistics costs are causing difficulties for the Mekong Delta to export goods straight to foreign markets.
Stock investors seen in holiday mode this week
Monday,  Apr 23,2018,23:40 (GMT+7)
HCMC – Despite a sharp rebound on April 20, investors may take caution and be less active this week as the Hung Kings death anniversary on April 25 is a national holiday plus the Reunification Day (April 30) and International Labor Day (May 1) holidays.
New airline to join Vietnam market
Monday,  Apr 23,2018,15:31 (GMT+7)
HCMC – The Ministry of Transport has renewed a license for Globaltrans Air to provide domestic and international transport services, Tien Phong newspaper reports.
Finance Minister defends proposed property tax
Monday,  Apr 23,2018,15:19 (GMT+7)
HCMC – Minister of Finance Dinh Tien Dung has defended a plan to slap a property tax on home, land and other asset owners, saying it would not affect low-income people.
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