lotte mart faces sizeable payment for rent in arrears

Lotte Mart faces sizeable payment for rent in arrears

South Korea’s Lotte Vietnam Shopping is facing a payment of VND187.3 billion ($8.3 million) in arrears for rent at its Lott Mart location in the southern province of Ba Ria-Vung Tau.
vietnam eases ban on sports betting

Vietnam eases ban on sports betting

Casinos are feeling the heat from a pilot test on local sports betting, as the government is set to allow Vietnamese nationals to bet on international football games and horse and greyhound races starting March 31.
casino gold rush after new gambling rules

Casino gold rush after new gambling rules

Vietnam is finally allowing local residents to gamble at selected casinos, a scheme aimed at opening up the lucrative industry, although analysts say that more regulation is expected for clearer gambling rules.
2000 workers to back to work at kaiyang shoes company

2,000 workers to back to work at KaiYang Shoes Company

Approximately 2,000 workers of Taiwanese shoes maker-KaiYang Shoes Co. Ltd., in the northern city of Haiphong will resume working on April 20 when the company’s management board basically agreed with their requests, according to Vu Ngoc Thuc, deputy chief of the Legal Department under the Haiphong Labour Federation.
hcmc will not set up red light districts official

HCMC will not set up ‘red-light’ districts: official

Ho Chi Minh City authorities have no policy to gather providers of ‘sensitive services,’ which tend to discreetly run prostitution activities, into designated areas dubbed ‘red-light’ districts, Hua Ngoc Thuan, deputy chairman of the Ho Chi Minh City People’s Committee, has said.
national strategy on gender equality shows signs of success

National strategy on gender equality shows signs of success

Deputy chairman of HCM City People's Committee Hua Ngoc Thuan has urged the relevant bodies to bolster efforts towards gender quality.
positive indicators offer real estate market boost

Positive indicators offer real estate market boost

formosa plastics pledges 27bn

Formosa Plastics pledges $27bn

Taiwan’s Formosa Plastics Group has approved a plan to triple its total investment capital into an integrated steel and port complex in central Vietnam to a massive $27 billion sum.
dong nai sees rising foreign investment

Dong Nai sees rising foreign investment

More than $800 million in foreign direct investment has been disbursed so far this year in the southern province of Dong Nai, the highest figure since 2008, said provincial Department of Planning and Investment director Bo Ngoc Thu.
japanese investors keen on dong nais industries

Japanese investors keen on Dong Nai’s industries

Japanese investors take a large ratio of investment in supporting industries and this trend seems to be stronger. - Bo Ngoc Thu Director of Dong Nai Provincial Department of Planning and Investmen
lang co ready to charm more buyers

Lang Co ready to charm more buyers

There are more foreigners especially from Hong Kong and Singapore rushing to Vietnam with the aim to own a second-home. Nguyen Ngoc Thuyen Project manager of Laguna Lang Co
firms stand firm amid storm

Firms stand firm amid storm

Some production and business sectors have withstood the current tough business climate amid economic uncertainties.
laguna to seduce big condo buyers

Laguna to seduce big condo buyers

Banyan Tree Holdings has fired the starter’s gun on the country’s most expensive oceanfront vacation condominiums in central Thua Thien-Hue province.
profits hit by economic wave

Profits hit by economic wave

Firms are struggling to record positive profits amid a hostile business climate.
rates drive knife into firms

Rates drive knife into firms

Businesses are on the tenterhooks amid current high bank lending rates.