After enduring a number of slow years, Vinalines’ joint-venture ports CMIT, SP-PSA, SSIT, and CICT rated better numbers in 2016, signalling an upward trend.
An earlier fire this month at Truong Hai Auto Corporation (Thaco)’s factory in the central province of Quang Nam caused VND250 billion ($11 million) in damages to the company.
Foreign sector manufacturers at the Vinh Phuc Industrial Park in northern Vietnam report they are facing a chronic shortage of highly skilled apprentices and unskilled production workers.
Major Japanese machinery manufacturer Mitsubishi Heavy Industries Ltd. is now accepting applications for the second round of its scholarship programme for overseas study at universities in Japan. Eager young scholars are encouraged to apply.
British consumer goods company Reckitt Benckiser, the producer of Durex condoms and Air Wick fresheners, has agreed to buy Mead Johnson Nutrition, the maker of Enfamil baby formula, in a $16.6 billion deal.
Vietnam Airlines said that it plans to sell or lease back four new aircraft which the corporation will receive in 2017 to ease the pressure on the due-debt-over-ownership-capital ratio and boost liquidity.
The General Department of Viet Nam Customs has asked localities to pilot its online public service system by late February 28 before running it officially from March 1.
Japan Vietnam Medical Instrument Joint Stock Company (JVC), where PYN Elite Fund (non–UCITS) holds 7.14 per cent, is now deep in loss.
DHL Express, the world’s leading international express services provider, on February 6 announced the launch of On Demand Delivery, a new service that allows shippers and receivers globally to select from a range of standardised delivery options.
The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Viet Nam Chamber of Commerce and Industry (VCCI).
Yamaha Vietnam’s strong earnings outweigh Hong Leong Industries Bhd.’s weaker building materials division.