audi issues 258 new cars for apec 2017

Audi issues 258 new cars for APEC 2017

Audi Vietnam has handed over 258 new vehicles to the APEC 2017 National Committee, including 186 of the five APEC limited edition models, and 72 regular edition cars.
dekalb vietnam gifts son la provinces young champions

Dekalb Vietnam gifts Son La province’s young champions

On the occasion of the new school year, Dekalb Vietnam visited three schools in remote areas of Son La province to hand out practical presents to poor students who have overcome difficulties to study well, with the aim of encouraging them to keep on working hard and promoting education in the mountainous and remote regions of Vietnam.
russian seaport commits to developing quang ninh complex

Russian seaport commits to developing Quang Ninh complex

A 100-hectare hub for industrial manufacturing and port operations along the Chanh River in the northern province of Quang Ninh will be constructed by the partnership between Tien Phong Industrial Zone JSC and Russia's The Seaport of Azov. Hopefully, this project will encourage more investors from Russia to power through the recent slowdown of Russian investments in Vietnam.
fintech revolution changes playing field

Fintech revolution changes playing field

Vietnam is a potential market for the financial technology (fintech) industry as it seems that the close cooperation between fintech enterprises and banks will accelerate the growth of financial services in Vietnam, thereby bringing significant benefits to clients.
honda crv joins vietnam price war

Honda CRV joins Vietnam price war

As one of the most expensive car models in the middle-income segment with prices ranging around VND1.2 billion ($52,800), after one year, the price of the oldest version of Honda CRV has been reduced to VND778-788 million ($34,232-34,672), which is bad new for those who have purchased them at the initial price.
new pg initiatives help smes and startups access global business opportunities

New P&G initiatives help SMEs and startups access global business opportunities

Procter & Gamble (P&G) today hosted P&G Leadership College and introduced the Signal Accelerator for small- and medium-sized enterprises (SMEs), reaffirming the company’s long-standing commitment to work with the Ministry of Planning and Investment to enhance SMEs’ competitiveness, increase their innovative capabilities as well as approach new business opportunities around the globe.
jvc reports positive results for 2016 and aims high for 2017

JVC reports positive results for 2016 and aims high for 2017

Japan Vietnam Medical Instrument Joint Stock Company (JVC) has reported positive results one year after  restructuring and set optimistic targets for 2017, while insisting on a close relationship with Japanese investors.
16 billion thermal power plant faces possible closure over ash problems

$1.6-billion thermal power plant faces possible closure over ash problems

Without consumers of ash, Mong Duong 1 thermal power plant is facing possible closure, wasting VND37 trillion ($1.6 billion) of state investment.
bibica becomes official pan food subsidiary

Bibica becomes official PAN Food subsidiary

PAN Food Manufacturing JSC (PAN Food) successfully acquired more than 50 per cent of Bibica Corporation (Bibica)’s stakes, overtaking Lotte Confectionery Co., Ltd. (Lotte) as the biggest shareholder and turning Bibica into a subsidiary.
grab and uber fined mai linh and vinasun losing value

Grab and Uber fined, Mai Linh and Vinasun losing value

From early 2017, nearly 100 Grab and Uber drivers have been financially penalised for nearly VND350 million ($15,400) due to lack of listed identification information, such as name and phone number of the companies. At the same time, both Grab and Uber still enjoy substantial growth in customer base, while traditional taxi operators Mai Linh and Vinasun’s stocks are losing their shine.
foreign insurers expand distribution network

Foreign insurers expand distribution network

With strong support from parent companies, many foreign life insurers are expanding their distribution networks and diversifying insurance products and services to utilise the potential of the Vietnamese market.
rent a port a possible strategic investor for vinalines

Rent-A-Port a possible strategic investor for Vinalines

Under the memorandum of understanding (MoU) signed this morning with Vietnam National Shipping Lines (Vinalines), Rent-A-Port N.V. may purchase 10 per cent of Vinalines' stake and may also have other possible cooperation in the projects of a terminal and a logistics facility in Lach Huyen and a general cargo terminal in Dinh Vu in the northern port city of Haiphong.
9 billion nghi son refinery and petrochemical complex about to start operating

$9 billion Nghi Son refinery and petrochemical complex about to start operating

Nghi Son refinery and petrochemical complex’s preparations for its debut in the fourth quarter of 2017 have been completed, so the complex is in a rush to finish all minor remaining tasks for a perfect launch on time.
seminar draws on korean experiences to support vietnams urban development

Seminar draws on Korean experiences to support Vietnam’s urban development

Vietnam Urban Development Technology Seminar for government authorities and Vietnamese businesses has shared innovative technologies and experiences in urban development, and acted as an important milestone of strengthening Vietnamese-Korean bilateral relationships.
kpmg to update south korean enterprises on latest policy and regulatory information

KPMG to update South Korean enterprises on latest policy and regulatory information

KPMG—one of the Big4 and the leading auditing and professional services firm—will host a seminar to update Korean businesses on the necessary information on transfer pricing, customs, and corporate tax in Vietnam.