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Japanese investor to buy 13 million Petrolimex shares

HCMC - Japanese energy firm Eneos Corporation has registered to buy 13 million treasury shares, equivalent to a 1% stake, in Petrolimex, Vietnam’s largest...

Apple suspending iPhone production plan in Vietnam unverified

HCMC – Many local media outlets and news sites recently reported that Apple had decided to suspend its iPhone production plan in Vietnam over...

USTDA provides technical assistance for HCMC to transform into smart city

HCMC - The U.S. Trade and Development Agency (USTDA) and the HCMC Department of Information and Communications signed a partnership agreement on August 25,...

German firm taps Vietnam for its cement business operations

HCMC – Thyssenkrupp, a German industrial conglomerate, has announced the transition of its cement business headquarters to Vietnam, with the country being a base...

Canada aids Vietnam in boosting food safety

HCMC – A food safety project funded by the Canadian Government will be deployed in HCMC, Hanoi and some other parts of the country...

Transport Ministry weighs up license issuance for Vietravel Airlines amid Covid-19

HCMC – The Ministry of Transport has proposed that the Civil Aviation Authority of Vietnam and Vietravel Airlines review and re-evaluate the air transportation,...

Southern stock market inches down

HCMC – Despite positive cash flow, the poor performance of many bluechips sent the VN-Index of the Hochiminh Stock Exchange down at 873.47 points...

Intel plans to expand operations in HCMC

HCMC – U.S.-based technology corporation Intel plans to increase investment and expand its operations in HCMC, Intel Products Vietnam (IPV) general director Kim Huat...

Banks continue deposit rate cuts

HCMC - Many banks have continued to slash deposit interest rates following a sharp cut in early July given their ample liquidity. A report from...

VNG sues TikTok over copyright issue

HCMC – Local tech firm VNG has filed a lawsuit against TikTok with the HCMC People’s Court, saying that the short-form video platform does...

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